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May 4, 2023
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haidi: archie north asia correspondent -- our chief north asia correspondent, stephen engle.biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ haidi: australian bank merges have hit the peak and earnings be much harder to make. he spoke exclusively to bloomberg. >> interest margins have hit the peak. a has shown that earnings will be harder to get over the next 6-12 months, but the economy still running well, the bank itself is running well. every part of the business has increased profits. >> we will get to the different pieces of the business in the moment but i want to get to you raising capital. how do you see the bank getting through this environment amid the crisis unfolding up sure -- off shore? >> we are in the market of looking for liquidity. it seems to be going very well. no problem from our perspective. we have arrange of 11-11 .5%. we have been doing buybacks. we will pause to see what is happening in the economy. x x -- excess capital is being given
haidi: archie north asia correspondent -- our chief north asia correspondent, stephen engle.biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ haidi: australian bank merges have hit the peak and earnings be much harder to make. he spoke exclusively to bloomberg. >> interest margins have hit the peak. a has shown that earnings will be harder to get over the next 6-12...
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May 18, 2023
05/23
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our chief north asia correspondent stephen engle joins us live from hiroshima. a busy day ahead on the first day of the g7 summit including those new restrictions on russia. >> that is right. geopolitics will play front and center roles in the dialogue that begins today and runs through the weekend. russia will be at the top of the list. issues with china will be high on the agenda. russia and china are not part of the g7. they're also not part of the g7 plus as invited guests. the united states and other g7 leaders as they invite the global south and other leaders from countries like brazil, india, indonesia, vietnam, south korea will be trying to send a unified voice on the war in ukraine by russia as well as policies towards china. against the backdrop of all this is going to be a visit today by the g7 leaders to the hiroshima peace memorial park as well as the reminder of atomic weapons and that is the atomic dome in that memorial peace park. they will be visiting that this morning on a very rainy day. war is front and center as well. some residents of hiros
our chief north asia correspondent stephen engle joins us live from hiroshima. a busy day ahead on the first day of the g7 summit including those new restrictions on russia. >> that is right. geopolitics will play front and center roles in the dialogue that begins today and runs through the weekend. russia will be at the top of the list. issues with china will be high on the agenda. russia and china are not part of the g7. they're also not part of the g7 plus as invited guests. the united...
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May 14, 2023
05/23
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our chief north asia correspondent stephen engle joins us now.normous challenges for g-7 leaders as they met. was progress made? stephen: it is very different than the g20 were finance ministers met in india or three months ago, there was a bit of discord in the language on what would be communicated to condemn russia's were in ukraine. they were not able to agree on any terminology at the g20 because of course, russia and china are in the g20 and some other members as well, perhaps showing a bit of hesitancy to condemn it outright. but the g7 really wanted to show it much more united front. the term i kept hearing was "recommended countries, recommended economies." the g7 putting out a statement offering more support for ukraine and also a plan to diversify supply chains, that is basically code word for relying less on china for the supply chains. also vowing to fill the gaps in financial regulation globally in light of those bank collapses that we saw. however, their assessment of the global economy is resilient but warned against complacency.
our chief north asia correspondent stephen engle joins us now.normous challenges for g-7 leaders as they met. was progress made? stephen: it is very different than the g20 were finance ministers met in india or three months ago, there was a bit of discord in the language on what would be communicated to condemn russia's were in ukraine. they were not able to agree on any terminology at the g20 because of course, russia and china are in the g20 and some other members as well, perhaps showing a...
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May 25, 2023
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something else that can really benefit these players will be benchmarks in north asia, taiwan includedare heavily weighted towards the tech sector. if you change on, another chart that puts this into perspective as investors who have been really snapping up shares of australia's or asia's tech hardware exporters. that has been down to that interest coming through in ai and signs that the chip sector is turning a corner. this chart takes a look at the asia pac u.s. exporters as well as the line and white which shows you the clear outperformance versus what we see for the line in blue which is the broader nfci specific index. the yellow are u.s. stocks so certainly these names are ones that can really benefit and may bank as well saying that traders are picking up these tech makers in droves. >> coming up we will be getting that bank of korea decision later this hour, we will get a preview it next. this is bloomberg. ♪ thanks to avalara, we can calculate sales tax automatically. avalarahhhhhh what if tax rates change? ahhhhhh filing sales tax returns? ahhhhhh business license guidance? a
something else that can really benefit these players will be benchmarks in north asia, taiwan includedare heavily weighted towards the tech sector. if you change on, another chart that puts this into perspective as investors who have been really snapping up shares of australia's or asia's tech hardware exporters. that has been down to that interest coming through in ai and signs that the chip sector is turning a corner. this chart takes a look at the asia pac u.s. exporters as well as the line...
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May 31, 2023
05/23
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we want to bring you a story we're following from north asia. ket in recent hours — prompting neighbours south korea and japan to briefly issue then rescind alerts to millions of residents. we now know this launch was a failure and the rocket exploded in midair and crashed into the sea. , , ., , sea. this will be a big disappointment - sea. this will be a big disappointment for i sea. this will be a big l disappointment for the sea. this will be a big - disappointment for the north korean leader kim john un who has been working to develop north korea's first ever spy satellite for a very long time. —— kimjong—un un. he even announced he was planning this launch. this spy satellite would allow north korea to monitor enemies from the sky, south korea and the united states. it would enable it to spot incoming attacks as well as plot its own attacks. the north has said this morning it is going to attempt to launch again in the nearfuture. so this false alarm in seoul this morning has serious implications. over the years, people have become desensitis
we want to bring you a story we're following from north asia. ket in recent hours — prompting neighbours south korea and japan to briefly issue then rescind alerts to millions of residents. we now know this launch was a failure and the rocket exploded in midair and crashed into the sea. , , ., , sea. this will be a big disappointment - sea. this will be a big disappointment for i sea. this will be a big l disappointment for the sea. this will be a big - disappointment for the north korean...
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May 25, 2023
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but the other important point is macau is poised to absorb and -- attract regional tourist from north asiaast asia. >> what is your international strategy? how important would thailand be if they liberalized their sense -- sensitive gaming laws? >> we are anchored in macau. we concentrate in macau. that is our future. in terms of our parent company, las vegas sands, they have said we are going to concentrate on reinvesting torquay markets, namely -- to our key markets. >> we have been shut down for a long time, it has been pretty painful for you guys. >> the manpower shortage has works its way through the system, with the help of government, we have been able to import more foreigner workers. our hospitality staffing shortage will be over by the summer. as we talked about, in the first quarter, we were only operating less than 70% of our hotel inventory. we think that in the second quarter, we will be back, closer to 90% of where we had the inventory. >> that comes back to the sustainability question. how long can you keep at 90% or 70% at a time when the chinese recovery has been slower t
but the other important point is macau is poised to absorb and -- attract regional tourist from north asiaast asia. >> what is your international strategy? how important would thailand be if they liberalized their sense -- sensitive gaming laws? >> we are anchored in macau. we concentrate in macau. that is our future. in terms of our parent company, las vegas sands, they have said we are going to concentrate on reinvesting torquay markets, namely -- to our key markets. >> we...
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May 8, 2023
05/23
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that is one of the reasons why north asia for us is going to be a little bit more defensive than therging markets. the impact at the moment of the china reopen is a little bit unclear. we do think there will be an impact in terms of commodities. we think we will have to eventually look at those markets that are way heavy levers to china. we are not actually basing our emerging markets case on the china reopening. we are busy and more generally on how related they are to commodity exporters, how strong some of the domestic meant -- domestic demand can be. this is not for us essential story emerging markets. >> volatility has made it eerily quiet in one sense. if you look at the focus on the u.s. banking firm well, do you think that has been underpriced? do you think there is more to come? >> going back to emerging markets, one of the reasons why we like them is they are offering yield in an environment of very low volatility. there are a couple of things to look out for. there are three things. two of them are u.s. related. one of them is the banking sector. they are quiet separate st
that is one of the reasons why north asia for us is going to be a little bit more defensive than therging markets. the impact at the moment of the china reopen is a little bit unclear. we do think there will be an impact in terms of commodities. we think we will have to eventually look at those markets that are way heavy levers to china. we are not actually basing our emerging markets case on the china reopening. we are busy and more generally on how related they are to commodity exporters, how...
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May 5, 2023
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rishaad: chief north asia correspondent stephen engle is with us now. what is likely to happen?ill get retailers up to birmingham to participate in this agm. there are six resolutions shareholders will be voting on, including two introduced by an activist investor. he has proposed number 17 and number 18. one will be calling for the creation of a quarterly review of structural reforms, basically centered around the asian operations, which are the most profitable and the biggest revenue generator for hsbc. other resolution, 18, is quarterly payouts no less than what they were in the pandemic, dividends. one could argue that the first quarter results from hsbc which saw the bottom line beat expectations at all so they had a better than anticipated dividend payout ratio of more than 50% for this year and next year, that assuaged some of the concerns investors have had since they halted dividends and other banks halted dividends through the pandemic. that will be one key one. but really it is this restructuring fight. will they have enough support beyond ping an? ping an is supposed
rishaad: chief north asia correspondent stephen engle is with us now. what is likely to happen?ill get retailers up to birmingham to participate in this agm. there are six resolutions shareholders will be voting on, including two introduced by an activist investor. he has proposed number 17 and number 18. one will be calling for the creation of a quarterly review of structural reforms, basically centered around the asian operations, which are the most profitable and the biggest revenue...
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May 4, 2023
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. >> where is the focus right now, is it asia or europe or now north america?erica. there is a billion-dollar business in europe as it is but in north america it is a brand-new market. it is going to be much more limited. we are coming back elevated. >> how strong is your brand name and recognition going to be, in north america it seems like every day you have sort of a new designer coming out with their own line of clothes, you have all of the legacy designers out there as well, how does this fit into that? >> the brand recognition is it. wherever you go, everybody remembers the brand from before. that is already there. we opened a pop up in soho in december and some of the customers submitted their stories and pictures and memories about the brand. it is there already. it used to be one of the top 10 brands a long time ago and i think we can quickly do that if we do the execution correctly. >> what is the pricing like in that execution, where do you position yourselves on that price scale for consumers? >> it would depend on what kind of materials we use, but
. >> where is the focus right now, is it asia or europe or now north america?erica. there is a billion-dollar business in europe as it is but in north america it is a brand-new market. it is going to be much more limited. we are coming back elevated. >> how strong is your brand name and recognition going to be, in north america it seems like every day you have sort of a new designer coming out with their own line of clothes, you have all of the legacy designers out there as well,...
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May 18, 2023
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let's get more from our bloomberg chief north asia correspondent, stephen engle. e question about u.s. commitment to asia, we have been here before. i remember in 2013 when obama missed a meeting in indonesia. steven: that's right. the debt ceiling impasse obviously taking a bit of precedence, so mr. biden has canceled his stopover in popper, new guinea, and canceled his onward trip to the quad meeting in australia. he will try to cram as much is that in -- as much of that into g7 meetings after he lands today. we have been kind of forced to crash the highway here. behind me, that area is sealed off to the media because i would assume some dignitaries and delegations will be coming through and doing their snapshots here for the rest of today as the g7 leader summit actually begins tomorrow and runs through saturday. a lot of issues as we saw, of course, at the finance ministers meeting last week. there was unity within the g7 on condemning russia's "illegal war" in ukraine, so there will be more talk of that obviously today. we are hearing from the u.s. and nationa
let's get more from our bloomberg chief north asia correspondent, stephen engle. e question about u.s. commitment to asia, we have been here before. i remember in 2013 when obama missed a meeting in indonesia. steven: that's right. the debt ceiling impasse obviously taking a bit of precedence, so mr. biden has canceled his stopover in popper, new guinea, and canceled his onward trip to the quad meeting in australia. he will try to cram as much is that in -- as much of that into g7 meetings...
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May 31, 2023
05/23
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it has been lagging the better performing stories in north asia.as been a fairly lengthy reopening. we have geopolitical pressures as well, although at the same time a number of business leaders saying it is unthinkable for the china and u.s. markets to uncouple in any way. from your view, putting money to work, is china investable right now? tim: we think yes. you need to be much more specific and targeted in how you are investing in the market. the overarching theme we ascribe to, or subscribe to, is you want to invest in what government policy is in favor of. that is the mantra for investing in china. there are two areas we are focused on, one is the sop theme which has clear support from the government. we have a targeted list of what we call quality sop's, ones that benefit from overall government policies, but also have empirical he improving returns on equity, where management is aligned with government interest and attractive valuations. additionally we think the whole theme of the hard technology vertical, which harmonizes with the theme o
it has been lagging the better performing stories in north asia.as been a fairly lengthy reopening. we have geopolitical pressures as well, although at the same time a number of business leaders saying it is unthinkable for the china and u.s. markets to uncouple in any way. from your view, putting money to work, is china investable right now? tim: we think yes. you need to be much more specific and targeted in how you are investing in the market. the overarching theme we ascribe to, or...
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May 21, 2023
05/23
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our chief north asia correspondence -- correspondent. once the latest in this ever escalating back and forth and we also had some comments about how to deal with beijing at the g7 over the weekend. >> there were 70 things happening at the g7 and not necessarily tied to the conference. so many things were happening on the sidelines, which i participated in in dashcam. president zelenskyy was there and there was a biden press conference where they talked at length about china. but again there were those debt in past talks which overshadowed everything. on the sidelines, the prime minister bring in those chipmakers, intel, amd, samsung, trying to de-risk the supply chain, there was a terminology that i heard a lot when it came to china -- it came to china. de-risking but not decoupling. but the moves are afoot to diversify the supply chain in advanced semiconductors. we had the prime minister offering up one and a half billion dollars to get macron to build out capacity at the advanced chipmaking equipment in his hometown, hiroshima. that w
our chief north asia correspondence -- correspondent. once the latest in this ever escalating back and forth and we also had some comments about how to deal with beijing at the g7 over the weekend. >> there were 70 things happening at the g7 and not necessarily tied to the conference. so many things were happening on the sidelines, which i participated in in dashcam. president zelenskyy was there and there was a biden press conference where they talked at length about china. but again...
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May 11, 2023
05/23
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our chief north asia correspondent, stephen engle joins us. what else did secretary yellen say? stephen: well, yellen was front and center with the first press conference afternoon yesterday, it kicked off. the gathering here. all the topics that jamie dimon spoke with francine lacqua were on the table throughout meetings here at the g7. behind closed doors, yes, but mostly about financial system security and stability following the svb may collapse. central banks are in focus. we talked about other -- with other top economic officials among the g7. sources are telling us they are gearing up for the end of next week, the leaders summit in china, while -- and that china is not represented in the g7, it is the top center of focus at least for the u.s., trying to show some unity and get the europeans as well as the japanese, the other members, on board with maybe some tougher messaging on china. any particular communique coming out of the leaders summit in hiroshima. the concern is about china's alleged growing economic coercion. that's the language the u.s. would like to see, othe
our chief north asia correspondent, stephen engle joins us. what else did secretary yellen say? stephen: well, yellen was front and center with the first press conference afternoon yesterday, it kicked off. the gathering here. all the topics that jamie dimon spoke with francine lacqua were on the table throughout meetings here at the g7. behind closed doors, yes, but mostly about financial system security and stability following the svb may collapse. central banks are in focus. we talked about...
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May 31, 2023
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he spoke to bloomberg's chief north asia correspondent who is with us now. stephen, a wide ranging conversation, everything from dimon running for office to china. what were your takeaways? >> i pushed him hard on the china story. i didn't expect him to talk down his prospects in china, but i pushed him to get a reality check on the ground since he had not been there for the summit since 2019. the last time we spoke up in beijing. but he wasn't having it. during the pandemic over the last three years, jp morgan essentially took full control of three of their main units that had been joint ventures previously. we're talking mutual funds and securities in 2021, the futures, they are all in on the china story. he wasn't having talking it down, but he did say there are issues obviously, but he is in there for good, and for the bad. we will have more later as the morning progresses from that conversation, but we did pivot to the united states with the debt ceiling impasse possibly coming to a head in congress. as well as the potential as he talked about the fed r
he spoke to bloomberg's chief north asia correspondent who is with us now. stephen, a wide ranging conversation, everything from dimon running for office to china. what were your takeaways? >> i pushed him hard on the china story. i didn't expect him to talk down his prospects in china, but i pushed him to get a reality check on the ground since he had not been there for the summit since 2019. the last time we spoke up in beijing. but he wasn't having it. during the pandemic over the last...
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May 18, 2023
05/23
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iran and russia signed this agreement with the aim of completing trade between north, south, south asia and north europe. and do it successfully the mission of traveling around the earth entered the territorial waters of this famous type named 360 after traveling around the world for about six thousand hours, it was placed in bandar abbas pahlo . after more than 240 days of maritime mission with janus india, aram and atlas, finally reached the territorial waters of iran. now we have safely entered the territorial waters of our beloved country, the islamic republic of iran, after successfully sailing around the world. the mission was successful. supply index the security of our country's trade routes and combating piracy and iran's sea proof follows from the persian gulf and the sea of oman. for the first time, the 86th naval fleet of the islamic republic of iran army of the united states of america was able to reach its own borders, presence, influence and emergence. extend itself to the border of the united states, which supports the specification of the first medical blood bank hosp
iran and russia signed this agreement with the aim of completing trade between north, south, south asia and north europe. and do it successfully the mission of traveling around the earth entered the territorial waters of this famous type named 360 after traveling around the world for about six thousand hours, it was placed in bandar abbas pahlo . after more than 240 days of maritime mission with janus india, aram and atlas, finally reached the territorial waters of iran. now we have safely...
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May 19, 2023
05/23
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let's bring in bloomberg's chief north asia correspondent stephen engle. had a pretty special place which i know you will tell us about, but what are the g7's next steps when it comes sanctions? stephen: it's no coincidence that the g7 meeting hosted by japan is being held in hiroshima referred to as the peace city. this is the atomic bomb dome. this was the epicenter of the first atomic bomb attack back in 1945, 78 years ago. the g7 is trying to send that message when we have a periodic threat of possible use of nuclear weapons by vladimir putin in ukraine. they want to hammer home that point. they also want to hammer home the unity that the g7 has in trying to contain the war machine of russia. yes, the russian economy has suffered through these sanctions from the west but the war machine marches on. they want to close off some of those loopholes that the russians have been able to use to evade those first rounds of sanctions. also, they want to tighten or make another round perhaps of sanctions, including one that was about possibly tracking the gem tra
let's bring in bloomberg's chief north asia correspondent stephen engle. had a pretty special place which i know you will tell us about, but what are the g7's next steps when it comes sanctions? stephen: it's no coincidence that the g7 meeting hosted by japan is being held in hiroshima referred to as the peace city. this is the atomic bomb dome. this was the epicenter of the first atomic bomb attack back in 1945, 78 years ago. the g7 is trying to send that message when we have a periodic threat...
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May 10, 2023
05/23
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our chief north asia correspondent, stephen engle, joins us now. the laundry list, very long for policymakers this week. stephen: absolutely. they will all be addressed and even more pure would a lot on the g7 ministers and central bank governors meet in northern japan. the northwest side of -- north of tokyo. we are going te u.s. treasury secretary, who will likely meet with the press early this afternoon as the meetings begin this afternoon and run through tomorrow. we are likely to hear from the japanese finance minister as well as the boj governor, among others. a long litany of issues. we were in the risk if you want to collect out of having the debt ceiling impasse in the u.s. kind of overshadowing joe biden talking about how the world will be in trouble if the u.s. defaults. janet yellen has talked at length about the economic and financial catastrophe, if the u.s. defaults. that could be central in many people's minds today. those other issues about global financial security, given the u.s. bank failures from silicon valley bank and others.
our chief north asia correspondent, stephen engle, joins us now. the laundry list, very long for policymakers this week. stephen: absolutely. they will all be addressed and even more pure would a lot on the g7 ministers and central bank governors meet in northern japan. the northwest side of -- north of tokyo. we are going te u.s. treasury secretary, who will likely meet with the press early this afternoon as the meetings begin this afternoon and run through tomorrow. we are likely to hear from...
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May 12, 2023
05/23
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that is our chief north asia correspondent even ingle in japan -- stephen engle in japan. janet yellen at 8:45 a.m. london time with annmarie hordern. dani: definitely looking forward to that one. let's head over to turkiye where voters there are going to the polls sunday for the country's general elections. the race is expected to be tight amid growing economic concerns. let's get over to bloomberg's yousef gamal el-din was in istanbul. what should we look out for this weekend? yousef: the tension is very real. i can feel it and here it when i speak to many people here on the ground. over 60 million algebra voters going to hit the stations on sunday. they open at 8:00 a.m. local time and they will shut off at 5:00 in the afternoon. if we don't get a clear majority, we have a runoff on may 28. the two main contenders. there are three that remain but the two main are erdogan the incumbent who has been in power for over 20 years and known to most people and then the credible threat this time around is kamal kilicdaroglu drawing a dramatic fashion. we saw turkish stocks pop o
that is our chief north asia correspondent even ingle in japan -- stephen engle in japan. janet yellen at 8:45 a.m. london time with annmarie hordern. dani: definitely looking forward to that one. let's head over to turkiye where voters there are going to the polls sunday for the country's general elections. the race is expected to be tight amid growing economic concerns. let's get over to bloomberg's yousef gamal el-din was in istanbul. what should we look out for this weekend? yousef: the...
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May 26, 2023
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important point is macau is poised to absorb and attract regional doors from the rest of asia, north asiaast asia. >> what is her international strategy as far as different markets? how important would thailand be? >> from sands china was because perspective, we are limited and macau and concentrate and macau, and that is our future. in terms of our parent company, it is also said that we are going to concentrate on reinvesting enough to keep markets. >> how badly is the manpower shortage here? it was pretty painful for you guys. >> the manpower shortage has worked his way through the system. with the help of government, we have been able to import more foreign workers, so hospitality staffing shortage i think will be over by the summer, and as we talked about in the first quarter, we are only operating 70% of the hotel room inventory. we think that in the second quarter we will be back closer to 90%. >> that comes back to the sustainability question. how long can you keep at 90% or 70% this year at a time when china's recovery as been slower than many people anticipated, especially consu
important point is macau is poised to absorb and attract regional doors from the rest of asia, north asiaast asia. >> what is her international strategy as far as different markets? how important would thailand be? >> from sands china was because perspective, we are limited and macau and concentrate and macau, and that is our future. in terms of our parent company, it is also said that we are going to concentrate on reinvesting enough to keep markets. >> how badly is the...
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May 17, 2023
05/23
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the rasht to astara railway with the aim of completing the railway crossing between the north and south of south asia to the north of europe. that without doubt this step agreement it is a strategy for two countries. he said that the north-south route will be useful for all countries in the region. the president of the russian federation also said in a video link that this rail route will significantly reduce the cost of transporting goods. the signing of a memorandum of understanding between iran and russia to build a railway line rasht astara, the president of iran, considered the cheapest, most economical and closest route for commercial and transit works in the region, the position of the islamic republic of iran in the regional economy and in the international system with the actions that have been taken, which is one of the actions we have in order to strengthen the path of pakistan iran and turkey and the strengthening of the shalamcheh basra railway line and the actions that are still under way in this area
the rasht to astara railway with the aim of completing the railway crossing between the north and south of south asia to the north of europe. that without doubt this step agreement it is a strategy for two countries. he said that the north-south route will be useful for all countries in the region. the president of the russian federation also said in a video link that this rail route will significantly reduce the cost of transporting goods. the signing of a memorandum of understanding between...
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May 29, 2023
05/23
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when we look at the opportunities in asia, whether it is north asia, southeast asia or australia/newenough opportunities, that we spend more time thinking about bottom-up opportunities than top-down debt ceiling negotiation impacts across the region. rishaad: but it does lift the walls of worry, but the next one will be potentially fretting about the fed. vikas: so, i think what you are seeing in the s&p futures, as an example -- i know there is a holiday in the u.s. -- futures are not indicating buoyancy, it in the markets there is relief. your point is fair, the deluge of t-bills we have been hearing about, my simple way of thinking about it is a quarter-point interest rate increase. yes, there is something new to worry about once this deal is done. yvonne: i was looking at her largest capital allocations remain india, japan and china. the first two i understand. china, there has been a lot of doubts about this recovery. how selective do you have to be in the china space? vikas: we get this question often about selectivity across the region, around the world. our focus is on bottom
when we look at the opportunities in asia, whether it is north asia, southeast asia or australia/newenough opportunities, that we spend more time thinking about bottom-up opportunities than top-down debt ceiling negotiation impacts across the region. rishaad: but it does lift the walls of worry, but the next one will be potentially fretting about the fed. vikas: so, i think what you are seeing in the s&p futures, as an example -- i know there is a holiday in the u.s. -- futures are not...
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May 1, 2023
05/23
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BLOOMBERG
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we have pmi readings, a lot of those for southeast asia and north asia.ba is in focus, given we have policymakers making the decision later on tuesday. if you change over now the vast majority of economists are expecting the rba to extend their pause for a second straight month, holding the key rate at 3.6%. there are arguments saying that they should continue hiking at this expectation that rates will stand hold for some time. markets could be mispriced and one of the factors that some are looking at is what we are seeing in terms of rent rid of those have been soaring and a lot of discussion about rental prices in australia and local media. the most since 2010 as you see headline inflation, the line in blue starting to drop. that tells us perhaps that there could be and inflationary backdrop and that was picked up in the april meeting minutes. that could be a factor to continue rising prices. certainly something to be watching. cba among those saying it is a close call for what phil lowe and his colleagues are going to be doing. shery: in the u.s. we ar
we have pmi readings, a lot of those for southeast asia and north asia.ba is in focus, given we have policymakers making the decision later on tuesday. if you change over now the vast majority of economists are expecting the rba to extend their pause for a second straight month, holding the key rate at 3.6%. there are arguments saying that they should continue hiking at this expectation that rates will stand hold for some time. markets could be mispriced and one of the factors that some are...
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May 17, 2023
05/23
by
IRINN
tv
eye 14
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north-south transition on the route middle asia transit connects north europe and russia through the e of iran to india and the persian gulf and south asia. the rasht to astara moeen program was 4 years old, mr. minister, order to reduce the program and make it 3 years now. the russians have announced their readiness for investment and implementation. negotiations have been carried out through internal resources and contracts have been signed for the construction of the north-south corridor in 2000 between the three countries of iran, india and russia. since then, the southern parts of the corridor have been completed . but the distance between the two cities of rasht is the most important the part of the transit line is still undecided, the change of the existing 63 kv power transmission line from aerial to ground state and in front of the railway in the place along with the construction of the said transmission line, but the construction of the wildlife underpass was announced in compliance with the rules of the organization's sculptors, in which it was placed. taking about 25 speci
north-south transition on the route middle asia transit connects north europe and russia through the e of iran to india and the persian gulf and south asia. the rasht to astara moeen program was 4 years old, mr. minister, order to reduce the program and make it 3 years now. the russians have announced their readiness for investment and implementation. negotiations have been carried out through internal resources and contracts have been signed for the construction of the north-south corridor in...
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16
May 17, 2023
05/23
by
IRINN
tv
eye 16
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signed , if i want to point out the purpose of this plan , it is that the north-south rail crossing, that is, connects south asia with north europe. it can be 20 billion dollars a year for us, it can be said that it generates income through transit, and in fact , it can be said that it is a good income, so that we can reduce our dependence on oil to some extent, in any case, i would like to mention another point parts of the president's speech at the beginning of the program, it can be said that iran 's route is the cheapest, most economical and closest route for commercial and transit work in the sensitive region. it is important and it will be successful. mr. putin also mentioned that the business time will be reduced to 10 days with the implementation of this key within 45 days, and it will also be fruitful in terms of employment in tourism and strengthening of transit. your instagram is at your service, mrs. doctor. mandeg, the government sphere of the radio and television news agency mobile safari hamburger exam for the tenure of the minister of foreign affairs, mr. safari, hello, we heard the president's s
signed , if i want to point out the purpose of this plan , it is that the north-south rail crossing, that is, connects south asia with north europe. it can be 20 billion dollars a year for us, it can be said that it generates income through transit, and in fact , it can be said that it is a good income, so that we can reduce our dependence on oil to some extent, in any case, i would like to mention another point parts of the president's speech at the beginning of the program, it can be said...
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May 31, 2023
05/23
by
BLOOMBERG
tv
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north asia president and the banks chief china strategist will be joining us later.aying with jp morgan it is interesting how the bank is leading the way when it comes to hiring around the hype on artificial intelligence. for talking about globally advertising more than 3600 jobs, that is from february through april, more than double other lenders and rivals like citigroup and barclays. the fact that we're seeing lenders being this global arms race for ai talent, 40% of open job roles that banks are now for ai related hires. were talking data engineers, this according to the consultancy. not everybody is that optimistic about the sector. we heard from warren buffett on may 6h said that if something can do all kinds of things paul: some interesting views in the big take article. some of this might seem a little familiar in terms of blockchain and crypto. hype around that. the applications did not live up to expectations. we heard from mckenzie as well, saying there are risks in the technology. it's in its infancy. they talk about ai's hallucinations where the system f
north asia president and the banks chief china strategist will be joining us later.aying with jp morgan it is interesting how the bank is leading the way when it comes to hiring around the hype on artificial intelligence. for talking about globally advertising more than 3600 jobs, that is from february through april, more than double other lenders and rivals like citigroup and barclays. the fact that we're seeing lenders being this global arms race for ai talent, 40% of open job roles that...
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50
May 8, 2023
05/23
by
BLOOMBERG
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they are setting to see flows come out of north asia. you are looking at india as a key market. >> would like to see a lot of things going on which is still in good position. have general elections coming up next year. prime minister modi will be doing a lot more accommodative measures to help stimulate and promote what is happening in india. within the real estate market, that has taken off quite a bit. we have developments in new delhi that got sold out in a matter of days. raising a billion dollars in terms of sales. there is a number of sectors doing well right now in india. it will take a bit of time. the fact is everyone is chasing growth. when you are focusing on growth, it is going to be a place like india. rishaad: stick around. he stays with us. let's get to the first word news. have a look at what treasury secretary janet yellen has been saying. no good options for solving the stalemate other than congress lifting the debt cap. president biden is locked in stare down with congressional republicans who are demanding promises of
they are setting to see flows come out of north asia. you are looking at india as a key market. >> would like to see a lot of things going on which is still in good position. have general elections coming up next year. prime minister modi will be doing a lot more accommodative measures to help stimulate and promote what is happening in india. within the real estate market, that has taken off quite a bit. we have developments in new delhi that got sold out in a matter of days. raising a...
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May 17, 2023
05/23
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IRINN
tv
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of the presidents of iran and russia, and after 23 years , the north-south railway crossing will be completed, which will connect south asianorthern europe. political deputy jamshidi in an interview with khabar network, the president's office explained the importance and details of this contract, the construction of the rasht railway line, practically completing the north-south railway crossing from the north and south from southeast asia , south asia, india and the persian gulf, the arab council, the south of the persian gulf through iran. and the caucasus and russia and from there to buy technology and finally northern europe is that it is broadcast many times in europe through the number, this is actually the strategy project of the main priority of the government's foreign policy that this work was done because of two strategic reasons and second economic strategic this week, all those who are experts in the field of issues it is true that our enemies, including the united states, have been trying to bypass iran's territory for years and minutes, so that none of the lines of transportation, even energy , pass through i
of the presidents of iran and russia, and after 23 years , the north-south railway crossing will be completed, which will connect south asianorthern europe. political deputy jamshidi in an interview with khabar network, the president's office explained the importance and details of this contract, the construction of the rasht railway line, practically completing the north-south railway crossing from the north and south from southeast asia , south asia, india and the persian gulf, the arab...
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17
May 18, 2023
05/23
by
IRINN
tv
eye 17
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the purpose of completion of the railway crossing will connect north-south south asia to northern europegreement was signed by the palestinian islamic resistance movement, hamas. the residents of the city of quds in the west bank called on the occupied territories of 1948 to prevent the zionist ceremony called the flag march in the occupied quds. mushir al-molk, the egyptian, said that resistance is always to defend and protect al-qasa mosque, the first of muslims, the second of the blessed mosque and the third of the holy shrine, and to defeat all the conspiracies of the occupying regime are on high alert, the head of the islamic supreme council in the occupied jerusalem warned about holding a zionist event known as the flag march in this city on thursday, sheikh akram sabri said that the promise of the leaders of the zionist regime to participate in this march is indicative it is that the responsibility of creating tension lies with the occupying regime and not only the zionist extremist groups to the al-aqsa mosque, he added. the comprehensive ship navigation and command simulator has
the purpose of completion of the railway crossing will connect north-south south asia to northern europegreement was signed by the palestinian islamic resistance movement, hamas. the residents of the city of quds in the west bank called on the occupied territories of 1948 to prevent the zionist ceremony called the flag march in the occupied quds. mushir al-molk, the egyptian, said that resistance is always to defend and protect al-qasa mosque, the first of muslims, the second of the blessed...
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28
May 12, 2023
05/23
by
BLOOMBERG
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our chief north asia correspondent stephen engle joins us now.is? stephen: we heard a number of different things. we will hear more today when my colleague will sit down for an excuse live -- exclusive interview. yesterday, she had on a number of issues including the u.s. that ceiling, calling it catastrophic for the united states to default on its debt. also took an opportunity to weigh in on geopolitical issues. namely, the ovation by the russians on sanctions and closing those loopholes in getting consensus from g7 members as well as the invited guests from the global south, as well as china. a main issue as we transition next into the leader summit in hiroshima is what kind of pressure the g7 will place on china. how will the phrase knology be coalesced as a single message between the europeans, the united states, the canadians, as well as the japanese on pressuring china because of what have some call -- some have called alleged economic coercion from the chinese. that was front and center. we are hearing from sources that the united states
our chief north asia correspondent stephen engle joins us now.is? stephen: we heard a number of different things. we will hear more today when my colleague will sit down for an excuse live -- exclusive interview. yesterday, she had on a number of issues including the u.s. that ceiling, calling it catastrophic for the united states to default on its debt. also took an opportunity to weigh in on geopolitical issues. namely, the ovation by the russians on sanctions and closing those loopholes in...
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May 18, 2023
05/23
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IRINN
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iranian and russian mobilization with the aim of completing the rail crossing connecting north south south asianorthern europe. the russian foreign minister said that this country no longer has anything in common with there is no electricity and to it sergey lavrov said that the west, following russia's strategic defeat, wants documents that russia will give up crimea , betray the people of russia and other former parts of ukraine, that these actions are inhumane. considered it to be against the russian people and the culture of the country and said that considering that the west supports the actions of the ukrainian government, it can no longer be a partner of russia and has nothing in common with us, the syrian foreign minister said that the highest officials of saudi arabia and syria have decided and the direction of relations between the two countries may the mission of miqdad go forward, and after meeting with his counterparts on the sidelines of the preliminary meeting of arab league leaders in new delhi, he said that saudi arabia and syria are working together and that the relations betw
iranian and russian mobilization with the aim of completing the rail crossing connecting north south south asianorthern europe. the russian foreign minister said that this country no longer has anything in common with there is no electricity and to it sergey lavrov said that the west, following russia's strategic defeat, wants documents that russia will give up crimea , betray the people of russia and other former parts of ukraine, that these actions are inhumane. considered it to be against...
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per discrete luxury garments, without big flashing logo was, are now sold all over europe, north america and asia. but from of the christina, there is no stereotypical go share customer data in adam wise. i think they do have something in common in that they are looking for a certain tailoring that may be looking for things that they can weigh both day and evening and oft of. and i also work with mens with fabrics creating different shapes in volume lumen. it's unique fashion made with fine fabrics like this top for example set and it has an open bag and this pot can either hang down like this useful to that and for hanging order or kind of you can sort of fold it up and sling ahead of your shoulders, the whole class, and wonder about in short on time, and then it becomes a kind of double top and drop it in the show. the model only was over one shoulder, allowing it to full of it when worn. it looks minimalist and sophisticated at the same time, something that appeals to a lot of our customers. so i liked it to brenda, so timeless. i honestly loved the look from own who collections, secret x, alw
per discrete luxury garments, without big flashing logo was, are now sold all over europe, north america and asia. but from of the christina, there is no stereotypical go share customer data in adam wise. i think they do have something in common in that they are looking for a certain tailoring that may be looking for things that they can weigh both day and evening and oft of. and i also work with mens with fabrics creating different shapes in volume lumen. it's unique fashion made with fine...
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11
May 14, 2023
05/23
by
IRINN
tv
eye 11
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seems that if he is in pirouz square , they have less attention that erdogan has towards west asia and north and according to the type of view. and their ideology, mr. erdoğan, in matters of islamism, there is a possibility that he will actually turn from west asia to the yellow gate and the interior of turkey, and i will ask another question from your point of view. counting the votes , which one of the three do you think is likely to win? if there is more candidate, there is a 99% probability of rain in this election because the warning is in the hands of this power and this is something that i don't know which scientific name of which of the candidates you can do more. there was a lot of dissatisfaction inside this country, and the effects and consequences of the earthquake that happened in turkey were all against mr. erdogan, but we should also note that mr. erdogan has been in power for 20 years and the possibility that he will lose power easily or strength and simply give it to the competitors they are also very few, as a result, turkey is in a complicated situation and in a very compl
seems that if he is in pirouz square , they have less attention that erdogan has towards west asia and north and according to the type of view. and their ideology, mr. erdoğan, in matters of islamism, there is a possibility that he will actually turn from west asia to the yellow gate and the interior of turkey, and i will ask another question from your point of view. counting the votes , which one of the three do you think is likely to win? if there is more candidate, there is a 99%...
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14
May 19, 2023
05/23
by
IRINN
tv
eye 14
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and trying to divide the countries of west asia and north africa, either through the direct invasion of iraq and afghanistan is also an excuse for september 11. i hear your voice. the world also hears your voice. those who destroyed these towers will soon hear the voice of all of us through the creation of clinton's isis and the fact that isis is fixing the costs . astrologically, we spent 8 thousand billion dollars in iraq to advance your goals, but we received nothing in return. the expansion of nato spread to the conflict between russia and ukraine . the new middle east also caused the deaths and displacement of millions of people. where we saw that america and its allies through creation isis and other groups of extremism that were promoted by the united states, and the united states was committed to seeking to fragment the middle east, but they failed there, and their role is the role of the united states and the europeans by working to disrupt the middle east region through other proxy groups. the world we are facing has a power structure that does not create order from nature.
and trying to divide the countries of west asia and north africa, either through the direct invasion of iraq and afghanistan is also an excuse for september 11. i hear your voice. the world also hears your voice. those who destroyed these towers will soon hear the voice of all of us through the creation of clinton's isis and the fact that isis is fixing the costs . astrologically, we spent 8 thousand billion dollars in iraq to advance your goals, but we received nothing in return. the expansion...
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22
May 20, 2023
05/23
by
IRINN
tv
eye 22
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advancing towards our borders are the new east and trying to the division of the countries of west asia and north africa and b2720, whether through a direct campaign to iraq and afghanistan, as an excuse for september 11 , i hear your voice, the world also hears your voice, those who destroyed these towers will soon want the voice of all of us. i heard that isis was created by clinton and that isis was created. we spent 8000 billion dollars in iraq in order to advance our goals, but in return for what we received, nothing for nato was spread to the conflict between russia and ukraine . the new middle east also caused the deaths and displacement of millions of people. america from west asia chaos in jahan klopp and second to the war in syria, where we saw that the united states and its allies sought to dismember the middle east through the creation of isis and other extremist groups promoted by the united states, but they failed there and the plans americans and europeans are no longer working to disrupt the middle east region through proxy groups. the world we are facing has a power structure tha
advancing towards our borders are the new east and trying to the division of the countries of west asia and north africa and b2720, whether through a direct campaign to iraq and afghanistan, as an excuse for september 11 , i hear your voice, the world also hears your voice, those who destroyed these towers will soon want the voice of all of us. i heard that isis was created by clinton and that isis was created. we spent 8000 billion dollars in iraq in order to advance our goals, but in return...
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18
May 21, 2023
05/23
by
IRINN
tv
eye 18
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they are trying to break up the countries of west asia and north africa in 2723 through a direct campaign afghanistan under the pretext of september 11. i hear your voice. the world also hears your voice. those who destroyed these towers will soon hear the voice of all of us through the creation of isis, clinton, and being the one who created isis. to advance our goals , we spent 8 trillion dollars in iraq, but in return what did we receive nothing that sina you that to the conflict between russia and ukraine was published, the new middle east also caused the deaths of millions of people, and finally, the united states moved from west asia to the second level of chaos in the syrian war, where we saw that the united states and its allies, through the creation of isis and other groups, extremism, which is a proxy war. america and its allies sought to fragment the middle east, but they failed there, and their roles, the roles of the united states and europeans, to disrupt the middle east region through proxy groups , do not work anymore, the world we are starting from. the structure has a po
they are trying to break up the countries of west asia and north africa in 2723 through a direct campaign afghanistan under the pretext of september 11. i hear your voice. the world also hears your voice. those who destroyed these towers will soon hear the voice of all of us through the creation of isis, clinton, and being the one who created isis. to advance our goals , we spent 8 trillion dollars in iraq, but in return what did we receive nothing that sina you that to the conflict between...
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9.0
May 15, 2023
05/23
by
IRINN
tv
eye 9
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asia. wet to syria and iraq and also, the candidates of the opposition of the tattoo plan in the north wereconcentrated, in fact, apparently, from turkey to central asia, the change of the international borders in tehran to armenia is the lost paradise, which actually connects the wire to turkey through iran and predicts that in fact the opposition they are open to account on the weak points of erdogan's foreign policy and when they mock, they know that the turkish people are looking for plans that seek convergence in the region and seek to actually deepen relations , seek to create executive tension or in any case endangering the sovereignty and territorial integrity of witness countries in one month, mr. erdoğan tried to have several wheels in his foreign policy regarding development issues, including regarding syria and issues and asia, so it seems that this plan of the shah was not approved in the view of turkish public opinion. the reason for the repeated words is that the people of turkey witnessed foreign policy during the last decade, including in the case related to egypt, the zion
asia. wet to syria and iraq and also, the candidates of the opposition of the tattoo plan in the north wereconcentrated, in fact, apparently, from turkey to central asia, the change of the international borders in tehran to armenia is the lost paradise, which actually connects the wire to turkey through iran and predicts that in fact the opposition they are open to account on the weak points of erdogan's foreign policy and when they mock, they know that the turkish people are looking for plans...
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17
May 25, 2023
05/23
by
RUSSIA24
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eye 17
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tire production is on the way in the long run, it will become a link between europe and asia, the global south and northcome the intention of the russian federation to form corridors in the direction of china india pakistan iran, the states of the middle east and southeast asia, i believe that there is an understanding of the need to develop the north-south transport corridor, in conjunction with countries with the caspian route. in this regard , kazakhstan will act as a reliable logistics hub of the eurasian economic union, using all its resources. as subject initiatives, we propose to launch high-speed freight trains along the railway line, chelyabinsk bolashak. iran is 2.873 km long. for this, it is possible to use the existing infrastructure of the north-south transport corridor, by creating a freight consolidating center in chelyabinsk. we are ready to reconstruct the bottlenecks in our railway network and on the road section. kazakhstan will certainly do this, based on the understanding of the commonality of our efforts to create our mutually beneficial cooperation corresponding to the freight tra
tire production is on the way in the long run, it will become a link between europe and asia, the global south and northcome the intention of the russian federation to form corridors in the direction of china india pakistan iran, the states of the middle east and southeast asia, i believe that there is an understanding of the need to develop the north-south transport corridor, in conjunction with countries with the caspian route. in this regard , kazakhstan will act as a reliable logistics hub...
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May 17, 2023
05/23
by
IRINN
tv
eye 16
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kilometers from rasht astara on the south railway crossing north of completion and time of cargo from southeast asia to europe via iran route will be reduced by 40% and the cost of goods transit will be reduced by 30% . the russian prime minister has come to tehran to sign the agreement. the railway projects of the country and the remaining part of the north-south corridor, which have been mentioned many times as priorities for the development of rail transport, have been named the building of the ministry of roads and urban development , basurham, astara, the implementation of the removal of the rasht-astara railway line , the north-south corridor train will start moving in may. it connected the persian gulf to the caspian sea that its goal is to connect russia specifically in northern europe and also azerbaijan through iran to southeast asian countries and specifically to india, hence the completion of the rasht -astara railway is important for neighboring countries as iran is facing a the transit route becomes one of the main topics of the president's speech at the shanghai summit . also brought
kilometers from rasht astara on the south railway crossing north of completion and time of cargo from southeast asia to europe via iran route will be reduced by 40% and the cost of goods transit will be reduced by 30% . the russian prime minister has come to tehran to sign the agreement. the railway projects of the country and the remaining part of the north-south corridor, which have been mentioned many times as priorities for the development of rail transport, have been named the building of...
5
5.0
May 18, 2023
05/23
by
ESPRESO
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eye 5
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the imperial war, which was mainly about ukraine, the french lost their colonies in southeast asia and north portuguese and the spanish lost their colonies in africa. and after losing the war, they settled in europe, but europe also became an excuse not to remember what actually happened in this war and even before it i worked a lot on my vision of this story partly because i believe it to be true and partly because i think it is important to inform politicians because if you think about what russia is doing of course you can do a lot talk but in essence she is waging an imperial war as i said the only way for russia to win is to lose that is the empire must lose its last war they must lose their last word and understand that this is the ultimate failure before to try something else in relation to western europeans, i will answer that i do not think that they realize that the european union is based on an iron by no means, and that is why i constantly try to convey this idea to them, the germans in particular should understand that they fought a colonial war and lost it and that everything t
the imperial war, which was mainly about ukraine, the french lost their colonies in southeast asia and north portuguese and the spanish lost their colonies in africa. and after losing the war, they settled in europe, but europe also became an excuse not to remember what actually happened in this war and even before it i worked a lot on my vision of this story partly because i believe it to be true and partly because i think it is important to inform politicians because if you think about what...
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15
May 18, 2023
05/23
by
IRINN
tv
eye 15
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fact i would like to point out the purpose of this project is that the north-south railway crossing, that is, connects south asia with northern europe, also it costs 20 billion dollars annually, it can be said that it generates income through transit, and in fact, it can be said that it is a good income, so that we are dependent on oil. anyway , let's reduce my dependence on oil revenues. note the other thing i want to mention is, of course, parts of your president's speech were broadcast at the beginning of the program that copper in iran can actually be said to be the cheapest, most economical and the closest route for commercial and transit work in the president's nuclear zone. they pointed out that this mission which is signed today is not only for iran and russia , but it is important for the whole region and it will be successful. mr. putin also pointed out that with the implementation of this corridor, the value of 45 days will be reduced to 10 days. also regarding the issue of tourism employment and strengthening the transit is also fruitful. i am at your service. thank you, mrs. jafari, reporter for the
fact i would like to point out the purpose of this project is that the north-south railway crossing, that is, connects south asia with northern europe, also it costs 20 billion dollars annually, it can be said that it generates income through transit, and in fact, it can be said that it is a good income, so that we are dependent on oil. anyway , let's reduce my dependence on oil revenues. note the other thing i want to mention is, of course, parts of your president's speech were broadcast at...
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i think the appeal have come to asia is obvious, that he's not just talking to the west to the europeans, to the north americans that, that he's engaging with asia to japan's prime minister for me, of fishy to, has been in ukraine recently as a lensky coming here now, but i think was quite interesting is perhaps the most attractive and the most important elements of these flows. the landscape is the opportunity to speak not to the g 7, but to the very spot in the countries that are represented here. for instance, i think 1st and foremost, india, a country that's been trying to maintain a pretty neutral stands on the wall sofa. and the rank promote the, the, the indian prime minister due here over the weekend. easy amendment in the media reporting that the 2 men will have a bilateral meeting, a head to head meeting here in japan. so i think that's one of the interesting things about this. we can, perhaps, the most important meeting of the entire weekend is between 2 men who are not even members of the g 7th. but if a lot of use it lensky couldn't, couldn't find any way to try to nudge the rental modi i
i think the appeal have come to asia is obvious, that he's not just talking to the west to the europeans, to the north americans that, that he's engaging with asia to japan's prime minister for me, of fishy to, has been in ukraine recently as a lensky coming here now, but i think was quite interesting is perhaps the most attractive and the most important elements of these flows. the landscape is the opportunity to speak not to the g 7, but to the very spot in the countries that are represented...
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May 25, 2023
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maybe one replica in in north america and maybe one in asia.t nothing tangible yet. i have to say i'd like to go to australia. it would feel good to come back there and say thank you australians for supporting us from day one. which artists or bands do you know have been to see your show? oh, lots of them. i know that barry gibb has been there. there must be lots of them thinking, wow, can i do this? do you think it will be a different experience if it was amy winehouse or whitney houston or prince? tricky, right? how do you deal with that? because everyone knows that they're not around anymore. so what would they say themselves about doing this? we can say yes or no to everything. so this is chat gpt, which obviously you will know about if i put in here. write a song in the style of abba. verse one... i thought i had it all with you by my side. but then you walked away and my heartjust died. i searched for you in every crowd. i hear you calling out my name. but you're not there. it's so unfair. i'm lost in this endless game. i would say that t
maybe one replica in in north america and maybe one in asia.t nothing tangible yet. i have to say i'd like to go to australia. it would feel good to come back there and say thank you australians for supporting us from day one. which artists or bands do you know have been to see your show? oh, lots of them. i know that barry gibb has been there. there must be lots of them thinking, wow, can i do this? do you think it will be a different experience if it was amy winehouse or whitney houston or...
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the use of opiate and drugs are on the rise in africa, asia, europe, and north america. with africa, expected to see the biggest spike of 40 percent by the year 2030, some 93 percent of the world opium comes from afghanistan. the global illegal drug trade averages nearly $700000000000.00 us dollars annually. the u. s. b, e, a drug and force mid administration is task with mustang, the drug lords around the world. and to stop this global academic. but many accounts from former d. e. a agent say americas tops my agency, the c i a is responsible. busy for the proliferation of most drugs around the world, listen to this 1998 houses. describe the c i a is army dropping. a get a this way law, you will be able to find this thing so classified. so what does that prove? what pools is do above the law in this country? there's not a police agency, you know, spite agency and they're above the law. now it's also said that the us played an outsized role in the early days of the opium trade, which is used in heroin. in fentanyl. in the old days, it was afghanistan, the golden triangle,
the use of opiate and drugs are on the rise in africa, asia, europe, and north america. with africa, expected to see the biggest spike of 40 percent by the year 2030, some 93 percent of the world opium comes from afghanistan. the global illegal drug trade averages nearly $700000000000.00 us dollars annually. the u. s. b, e, a drug and force mid administration is task with mustang, the drug lords around the world. and to stop this global academic. but many accounts from former d. e. a agent say...