asianre, here is our energy reporter perry williams. o cut toe of its exports this year free up gas for the domestic market. it seems there are problems for local users. what is going on? perry: exactly, that is what we are hearing. it has been sort of a roller , theer year for australia lng industry has been growing apace. there has not been enough gas left on australia's east coast for local users. the prime minister threatened a few months ago to restrict some of the exports. that has not come to pass. ultimately those producers said, look, we will produce more gas for the domestic market. there is definitely more gas coming in, but not really enough to solve the issues. that is what we are hearing coming up christmas. haidi: is there anything else the government is actually doing about this? perry: what's happening this week is the competition regular -- regulator has been tasked by the government to provide a set of regular reports every couple of months on the market. using their powers to find out about how gas contracts are being

perry williams, our asian energy reporter in sydney. plenty more to come.arkets asia. -- bloomberg markets asia. ♪ ♪ this is bloomberg markets asia, i'm haidi lun in sydney. rishaad: i'm rishaad salamat in hong kong. america big boss is not concerned about levels of debt, speaking exclusively to be moynihan -- to us, but he moynihan. -- bobby moynihan. side,s on the consumer what people are doing. we see that every week. what people spend money on. the your today spending in 2017, checks it's cash, atm's, written, debit or credit cards, it's up 6% over last year. if you look at the equivalent period of last year, it was only up 3%. people are spending more money. checks written has gone up. usually it goes down. credit cards are the fastest number growing. overall consumers are spending well and when they spend well, it drives you was economy. economy.nsumer driven they spend and customers sell stuff and customers are successful and the invest in a house. that's good news for the u.s.. >> where are they getting that money from? they borrowing more? >> i'm n

good news for william. perry proposed to megan while they prepared to roast a chicken. the engagement was officially announced earlier this week. the wedding will take place in may twenty eighth teen in st george's chapel at windsor castle. i'm asian and soon to release their fourteenth studio album on friday a very personal one the songs on like tomatoes from singapore known to the people closest to him the first single from the album is what the best thing about me. is. the album is a companion piece to some news of innocence when these three years ago you two founded in one thousand nine hundred seventy six reached it fell to six high point in the ninety nine thousand nine hundred ninety was the latest album has received mixed reviews. the young frenchman is all wrong has dedicated his musical career to a very old instrument the harpsichord now it experienced its heyday from the fifteenth eighteenth century mainly in baroque music well today you will still see the harpsichord appear as part of a full orchestra but thanks to rondo it's taking center stage again. the h

perry williams talking about gas supply woes.hs join us to talk about the fed hike coming this week. this is bloomberg. ♪ haidi: i am haidi lun. this is "bloomberg markets: asia." ♪ haidi: cryptocurrency on wall street, bitcoin steps into the futures market with supporters looking for currency credibility. the biggesty tightening of monetary policy is more than a decade this week. china takes a hit, freezing temperatures giving coal a fresh start. it is not easy being green when it comes to china's rebalancing from quantitative gross to qualitative growth. investors, week for not just central-bank activity, although no less than 15 banks are setting monetary policy. we are expecting the third rate hike this year and most likely the last of janet yellen's time at the fed. the ecb and the boe after their dovish hikes, and in asia indonesia and philippine setting policy thursday. we have been processing china's inflation numbers, suggesting policymakers will have room to focus on regulatory overhaul as opposed to tightening policy.

you want to launch an atomic weapon not even a secretary of defense can do anything about it as william perry once remarked nobody has the right to countermand that decision when former u.s. president richard nixon was nearing the end of his presidency his advisors started to get worried he might start a nuclear war president nixon was depressed drinking heavily and frightening members of congress with odd comments about nukes even though nixon worried u.s. officials in the past nothing was done about it in fact the u.s. arsenal is set up this way on purpose the u.s. wanted to adversaries to know that if the president orders a strike that order will be followed quickly and without question it's what they call deterrence the idea that if your nuclear threat is credible and scary enough your adversaries won't test you and you won't have to use. this not make it what threats to the united states. they will be met with five fury. like the world has ever seen and since trump has sole launch authority other nations watch his behavior closely nearly the people who set up the system made some big ass