so does it mean that prime minister shinzo abe's massive stimulus programme has finally done the trickt, japan, credit suisse. thank you for being on the programme. good afternoon, injapan! give us your take on these numbers and what you think about how the japanese economy is faring? first of all, it is true that the economy is doing quite well. if you look at the gdp numbers, it is. there are two risks. 0ne gdp numbers, it is. there are two risks. one is the global outlook, the us situation is getting messy. number two, we tend to think that any fiscal stimulus, it cannot be sustained. projects are not necessarily about doing well in stimulating the economy. so we think those are the two risks. despite the fa ct those are the two risks. despite the fact that the economy seems to be heading in the right direction, there still seems to be concerned about the japanese economy. what needs to be done now?|j about the japanese economy. what needs to be done now? i think that the country has done a massive... they have done a monetary easing. we have experienced or implemented a large numbe

shinzo abe outlined his goal in a video address delivered at a gathering in tokyo.king back on the 1964 tokyo olympics, he said those games gave japan the confidence to achieve rapid growth and become a developed nation. he said 2020 is also significant one for the people of japan because tokyo will once again host the summer games. the prime minister add h

he is in sicily to attend g-7 meeting, earlier this morning, he met with japanese prime minister shinzo abeorea topped talks. >> gianforte won montana special election charged with assaulting a reporter hours before polls opened across the state. gianforte apologized to the reporter he allegedly assaulted on election eve and also fox news team that witnessed that encounter. shares of gm fell sharply after truck owners alleged in a lawsuit company cheated on government diesel emissions test gp pickup trucks have three devices rigged to allow more pollution on road than treadmill tests in the laboratory gm said allegations without merit u.s. stock market futures dow futures lower 8 s&p lower by 1 nasdaq higher by 1 that is happening. >> an epic fight over raising debt limit could derail plans by criminal couples this summer to finish health care complete tax reform will lawmakers get the job done of about they leave for the august recess? >> let's ask jonathan good morning. >> great to you with you good morning. >> treasury secretary mnuchin wants a clean debt ceiling increase no controversia

i am shinzo abe. thank you very much for inviting me. i am delighted to see so many guests from the united states, as well as the nations of asia. please, enjoy your stay in japan. it has been more than four years since i have retaken the government. japan, before that, under the rule of the democratic party of japan was enwrapped with pesism with a sense of deregulation. -- with a sense of resignation. the economy was struggling with deflation. japan was not able to make its presence felt in the international arena. population is shrinking. thus, we can no longer expect growth. japan is already in its twilight years. we often heard looming large before us to give it all up. the stock price at the time was less than half of what it is today, over 8000 ynen or so. i stood up to take on the challenge. i promised to restore japan to what she used to be. how is japan today? during the past four years through our economic policies, nominal gdp has grown by 9.5%, adding 47 trillion yen, an all-time high. decreased byhich 290,000 jobs in the pr

shinzo abe making comments here, report -- saying it cannot be forgiven and japan and others will takeeps on north korea. first series of missiles were fired, the u.s. came out strongly. china did resolve the situation, and prime minister abe and the others talked about it. more toeds to do much rain north korea in. -- rein north korea in. haidi: it is intensifying. ninth of this year, and just kind of escalated. this is difficult for the new president. he is in the middle currently i believe. in terms of the reaction to shinzo abe comments, saber , we are seeing some weakness from the japanese yen. that will play into the open. that, and asian markets wake up for the brand-new trading week. despite the weaker growth, vietnam's prime minister said he is confident about hitting his target. ♪ good morning. i'm betty liu in new york. haidi: i am haidi lun in sydney. a look at the business flash headlines, western australia could raise billions of dollars for mining giants to pay iron or early as a lump sum. this would be made incident increasing the rent tax. the proposal has had a lukewa

do you have any special comment on japanese government especially on prime minister shinzo abe be? think you. -- thank you. al jazeera english. could you please explain in more detail the government's request -- armisticee with the trump administration? under what circumstances would these take place and is the dprk willing to return to the six party talks format? thank you. >> yes, sir. >> thank you. the laston is about speech, your mission, announced a media that you sent a letter to askr member states they consider and implement sanctions. and the legitimacy of the secretary council resolution. did you get any response from some of the member states? thank you. >> the ambassador will give answers. >> thank you. as first the question that raises this concern, i would like to answer it. -- the similarity of the understanding in a compact of play. -- in a comprehensive way. recent move of trump, the administration is regard to the policy of the dprk. thatbody knows [indiscernible] , what is important is not war. what we found from the dprk and u.s. history, the rolling back the hol

and certainly shinzo abe sounding very upset that yet again a missile comes close to japan. >> reporterabsolutely. there is always unsettling for the japanese and particularly prime minister abe who has been trying to push legislation through the japanese diet, the japanese parliament essentially. that would allow japan's self-defense forces to take more assertive actions in asia pacific and the north korean threat is a big reason for that. that's why you have you've seen japanese warships training along u.s. ships, you have seen japanese planes flying as well. and so all of this cooperation is when you hear prime minister abe talking about concrete action, that is what he is referring to along with programs continued pressure on china to impose stronger sanctions, japan could perhaps inspect north korean fishing vessels that go intoes waters near japan known as the exclusive economic zone, those same waters by the way wheres missile fell today and where three missiles fell back in march coming dangerously close to the japanese coast prompting north korean missile drills for the first t

but not knowing what kind of scud. >> it will be interesting to see what concrete actions shinzo abe to take and if it will have any effect on what north korea is doing. paula hancocks, thanks so much. >>> elsewhere, a new consider in connection with the manchester terror attack. a 23-year-old sussex man taken into custody just hours ago. 14 people remain in custody. police now trying to determine whether the bomber had a terror network behind him and if members of that network might still be at large. let's go live to manchester and bring in phil black. good morning to you. what is the latest, where is the investigation headed? >> reporter: as you touched on there, it is still leading police to raid properties and make arrests. we saw that over the weekend. we know now that there are 14 men in about custody. police are talking about making significant progress, but not saying that they ev saying that they have everyone just yet. intelligence officials determined that the national terror threat level should be lowered from its highest classification. it was raised to the critical lev

the president met shinzo abe. it seemed like president trump held on too long. and abe was trying to pull away. now he is getting flak because, he, he, tried to pull away too soon apparently. >> the young macron was hanging in there. the french one. america zero. >> how is your handshake? >> let's see. >> some times told my handshake is too firm. >> it is a firm. powerful. >> am i crushing people's hand without knowing. lot of pressure on the handshake. more on that coming up. breaking overnight. republican c just a day after being charged with assault and violent altercation with a reporter. >> greg gianforte thrust into the spotlight last night you will recall when reporter ben zwrak ones said the candidate body slammed for kwg a question about health care. gianforte leafed 50% of vote to decisively beat his democratic opponent. he did however offer an apology during his victory speech. >> last night i made a mistake. and -- i took an action that i can't take back. and i'm not proud of what happened. i should not have responded in the way that i did. and for t

he's meeting with shinzo abe of japan. >> it's wonderful to have you here. we'll be discussing many things, including, of course, north korea, which is very much on our minds. >> reporter: yesterday, a couple of less than diplomatic moments made headlines. >> 23 of the 28 member nations are still not paying what they should be paying and what they are supposed to be paying for their defense. this is not fair to the people and taxpayers of the united states. >> reporter: the president lecturing nato members while they looked on stonefaced and appearing to push aside the prime minister of montenegro to get a photo op. >> what president trump didn't say may be more concerning to the members of the nato, the mutual defense pledge. >>> an explosive fire gutted a strip mall outside of los angeles in van nuys around 10:00 last night. no one was hurt. part of the building's roof caved in and an air conditioning unit fell into the strip mall. it took more than 100 firefighters more than an hour to put out the blaze. investigators will look to see what sparked the fir

and japanese prime minister, shinzo abe, agreed to expand sanctions against north korea in it will slow development of this nuclear program. justyang argues its defending itself against u.s. aggression. on tuesday, for the first time ever, the u.s. will test a missile defense system capable intercepting icbm's. >> half a million people are in desperate need of aid in the worst following flooding there in 14 years. troops are trying to reach those themselves.bandon at least 180 people have already heaveonfirmed dead, after heave -- heavy rains triggered landslides over the weekend. reporter: it's the worst flooding to have hit sri lanka since the powerful monsoon 14 years ago. and aid are being delivered to those stranded in their torrentialr downpours triggered landslides on friday. been deployed to transport people to safety, after half a million residents displaced in southern and western regions. everything. i still have my children and grandchildren. destroyed.has been we live off the money we make small shop, but it's been destroyed, along with everything that was in it. the worst

the president had a bilateral meeting with shinzo abe -- >> shinzo abe, that's right. >> and we'll startm come here. a lot of the work gets done before the leaders get there. >> critical meetings, though. >> that a lot of these leaders have been talking about. and at nato, we've been told by people inside these governments that they're very careful about how they approach the new president of the united states. you know, they were told to use flattery, keep their points very brief and always bring it back to what it means for the trump administration and the united states. >> but will any agreement on the united states staying in the paris climate agreement or not, will that emerge out of this? we shall see, my friend. >>> all right, time now to take a look at what's coming up on "new day" with our friend, alisyn camerota joining us this morning. >> good morning! >> hello, my friend. >> hello, my friends. happy friday. >> i guess g7, montana, plenty on the agenda today. >> that's right, we are going to talk about montana, because if a democrat cannot win in a district where the republica

then japanese prime minister shinzo abe talks about the economy and threats from north korea. later, a look at how the results of the iranian presidential election might affect relations with the u.s.. ♪ this week on q&a, former counterterrorism and intelligence officer malcolm career and about his his most recent book "the plot how putin cyber spies and wikileaks tried to still 2016 election." and "hacking isis." chief pettynior officer malcolm nance. what is the story of the nance family in the military? guest: i love being called senior chief. i come from a very old u.s. military family. for african americans, it is sort of an achievement. my family started it. my first person to serve was my great-great-grandfather. 111brother also joined the u.s. color troops. they guarded the tennessee andey during the offensive he got bored with it, so he joined the u.s. navy. he transitioned from the u.s. army to the u.s. navy and became a landsman aboard a recovering warfare -- rivering warfare craft. we accept the army a little. host: where did they live in those days? guest: they ca

trump met with japanese prime minister shinzo abe about a range of topics, including the threat posed by north korea. >> big problem is the world's problem, and it will be solved at some point. >> reporter: president trump is also set to meet with british prime minister teresa may, weijia jiang for cbs-3 "eyewitness news". >>> president trump son and law and advisor is under a fbi microscope. jared kushner is under scrutiny as part of the fbi investigation into russian interference in the 2016 election. kushner had meetings with the russian ambassador and banker with russian intelligence during the presidential transition. investigators are scrutinizing those interactions and whether they included something improper. his lawyer say he will cooperate win investigators. >>> republican greg gianforte won the special election a day after being charged with assaulting a reporter. the billion air businessman what's electric yesterday after being accused of grab bing at reporter ben jacobs. jacobs was asking the candidate a question about the g.o.p. health care bill n his acceptance speech,

the japan times reports that shinzo abe is now the third—longest—serving japanese leader of the poste. but he will need to remain there until november 2019 if he wants to get the number one spot. the front page of la figero includes a picture of the swedish film director ruben 0stlund celebrating his win at the cannes film festival. his art world satire the square won the prestigious palme d'0r. prizes also went to filmmaker lynne ramsay and director sofia coppola. the front page of the south china morning post includes allegations that the wannacry hackers were probably from the region. the paper quotes a us company saying the authors are probably from china, hong kong,taiwan or singapore. two weeks ago the virus infected computers in 150 countries. that brings you up to date with the papers. back to our top story now where government troops in the philippines are battling islamist militants to retake the southern city of marawi. let's get more on this then. joining us live from manila is marites vitug. she's the co—author of the book "under the crescent moon" which is about the mus

it says prime minister shinzo abe has called the repeated launches by pyongyang a challenge to the world partnership trade deal will push ahead without the united states. it reports trade officials of the remaining 11 nations will complete an assessment of options by november. now kasia, as you can imagine, social media was full of discussion of president trump's speech. yes, rico, especially on twitter. that is because, after giving his 30—minute speech, president trump was due to take part in a twitter forum with young people. but at the last minute his daughter, ivanka, had to step in for him instead. no explanation has been given as to why mr trump could not make the event. and she has sent arab twitter into overdrive, and is currently trending with the top hashtag in arabic, #trump'sdaughter. scientists in the uk are investigating whether many cases of depression could be triggered by an overactive immune system. researchers are now looking at whether some anti—inflammatory drugs might help certain patients. 0ur medical correspondent fergus walsh has this special report. depression

it says prime minister shinzo abe has called the repeated launches by pyongyang a "challenge to the worldahead without the united states. it reports trade officials of the remaining 11 nations will complete an assessment of options by november. now, kasia as you can imagine social media was full of discussion of president trump's speech. yes, rico especially on twitter. that's because after giving his 30—minute speech, president trump was due to take part in a twitter forum with young people. but at the last minute, his daughter ivanka had to step in for him instead. no explanation has been given as to why mr trump could not make the event. and she has sent arab twitter into overdrive and is currently trending with the top hashtag in arabic #trump'sdaughter. now the story of the lawyer who ‘simply vanished'. in mid—2015 wang quanzhang was just one of more than 200 lawyers, legal assistants and human rights activists picked up by the chinese authorities. almost two years on, he is the only one from whom nothing has been heard at all. our china correspondent john sudworth spoke to his wife

japanese prime minister shinzo abe once a new constitution in place by the time tokyo posts deal of theames in 2020. he said the country was it reborn ahead of the 1964 games and then rediscovered confidence, the driver behind its rapid growth. voters are split on amending the constitution. article nine mentions japan's self-defense forces. the bitter fight between apple and qualcomm has seen the chipmaker's demand a ban on iphones from the united states. qualcomm wants the asia-made device block ahead of the iphone 8. qualcomm has patents that allow it to charge a percentage of the price of every smartphone, regardless of whether it uses its chips. apple is refusing to pay. national australia bank's reported first quarter earnings that increased estimates. treating incomes offset higher costs. -- uned -- on audited the banking, environment remains challenging. but there is a favorable backdrop. -- but there is a favorable backdrop. global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. i am courtney collins, this is bloomberg. other e

it says the prime minister shinzo abe is backing away from his proposals five years ago to abandonjapano improve its governance. it's come from the chairman of the national people's congress, who's on a visit to the autonomous region. finally, to a story in the irish times, about the strange things found at a postal centre. they include an active birds nest, shipped all the way from china and a package containing 4,000 live bees. let's return to france and despite emmanuel macron‘s compelling margin of victory in the presidential election, some believe it was more a vote against the far—right candidate marine le pen than for mr macron. to test public opinion, the bbc‘s huw edwards travelled to meet people in a suburb of paris. it is the annual bank holiday football tournament in this eastern suburn of paris. the reaction to the election seems to be more relief rather than enthusiasm. sure, lots of people voted for him yesterday, but it's almost against marine le pen. he is young and has no past experience. so, it might be difficult for him, but i believe he can — he can do it. it is a c

it says the prime minister shinzo abe is backing away from his proposals five years ago, to abandonjapan'sl on macau to improve its governance. it's come from the chairman of the national people's congress, who's on a visit to the autonomous region. finally, to a story in the irish times, about the strange things found at a postal centre. they include an active birds nest, shipped all the way from china and a package containing 4,000 live bees. life for refugee children can be very difficult, as they find themselves far from home and trying to adjust to a culture which may be very different from anything they've seen before. around the world, it's estimated there are roughly two million child refugees from syria alone. now they're getting a little help from a cartoon character called captain tsubasa. he's the hero of a series of manga comic books, which have been translated into arabic. the idea is to inspire young syrian children to dream again, and believe their dreams could come true. joining me now from our tokyo bureau is the translator of those books, obada kassoumah. he's a syrian s

finish the sport, japan's prime minister shinzo abejoined some of sport, japan's prime minister shinzo abethe rugby world cup draw in kyoto. these are the groupings: these are the groupings: do you stay with us here on outside source. still to come, we will have details of a new study which claims some painkillers could increase the risk of heart attacks and other heart conditions. it has killed nearly 100 dogs in the uk since it first appeared here five yea rs uk since it first appeared here five years ago yet little is known about the disease called alabama rot. first is go —— first discovered in america, it causes lesions on dogs pause but there is still no known cure. this report is from duncan kennedy. it's that time of day, the walk, the run, the fun, repeated by 8 million dogs across the united kingdom. but for gabrielle williams from monmouthshire, thosejoys came to an end earlier this year. her dog, blur, a family pet for five yea rs, dog, blur, a family pet for five years, caught alabama rot and died. still hard to get your head around that she's not here because it happened so q

he wasjoined in his condemnation by the japanese prime minister, shinzo abe.north korea has launched a ballistic missile despite strong warnings from the international community. this is unacceptable. we strongly protest. these repeated north korean missile launchers are great threat to our nation and a clear breach of the united nations security council resolution. 0ur correspondent steve evans — who's in the south korean capital — gave us more details about the launch. north korea is now conducting missile tests about once every two 01’ missile tests about once every two or three weeks. the previous two word does, but this one clearly was not. if the japanese defence ministry is getting it right and this missile reached an altitude of 2000 kilometres, it marks a big improvement in north korean technology. that would mean it is getting close to having an intercontinental ballistic missile, something that president trump said would not happen. the condemnation has been pretty routine, the same words from seoul and tokyo. president trump and the white house has

prime minister shinzo abe is introducing policies to curb excessive working hours and to create careies for children and the elderly. but change has been slow. robotideas include abe's revolution, encouraging automation in everything from factories to medical care. his moves to listen labor rules have had some impact. the've helped to double impact. an aging population bring stier fiscal applications -- brings dire fiscal implications. the electoral muscle of the elderly, far more likely to vote, has made it hard for politicians to do more than trim their pensions and other benefits. while the japanese recognize it is a problem, most are wary of immigration. they want to preserve their unique cultural identity, and a fear of increasing the ultralow crime rate. 647,000eds to attract foreigners per year to maintain its population. with other asian countries aging rapidly, experts say japan may struggle to attract the number of foreigners it needs. you can read more on the bloomberg. many computer systems are running again following a weekend of chaos caused by a massive technology fail

the country's prime minister, shinzo abe, was quick to voice his condemnation.: once again north korea has launched a ballistic missile despite strong warnings from the international community. this is unacceptable. we strongly protest. these repeated north korean missile launches are a great threat to our nation and are a clear breach of the united nations security council resolution. our correspondent steve evans, who's in the south korean capital, gave me more details about the launch. we know it was not the dud the previous one was. it travelled a goodly distance — about 400 miles, 700 kilometres. the previous one went virtually no distance. north korea is launching and testing missiles pretty well at the rate of one every two weeks throughout this year and about half of them fail. this one clearly did not. but it does seem that whatever threats or inducements come from seoul and washington, in particular, the missile programme proceeds unabated and that will clearly raise questions, particularly in seoul, where there is a new president not been in powerfor

meanwhile, japanese prime minister shinzo abe issued a statement condemning the test. strong warnings from the international society, north korea once again went ahead with it a ballistic missile launch. it is absolutely unacceptable. we strongly protest against it. iran's official news agency says the philippines has agreed to buy 16.2 billion barrels of oil a day. will beippine say the used to supply a refinery opened in three years. they also signed a deal to open and oilfield. egypt has reached pulmonary outline a $12 billion loan from the imf. egypt will receive 180 quarter billion dollars -- one and a quarter billion dollars in june. praised egypt's efforts to restore confidence in an economy that has been battered since the 2011 arab spring. global news 24 hours a day powered morethan 2600 journalists and analysts ou the world. this is bloomberg. tracey: saudi arabia raised 9 billion, one billion more than the government said it planned to raise. are we set to see more sales from the region? joining us is the fitch ratings head of global finance, the sharp, -- f

issuing, which is under criticism in japan, but at the moment, egg, big support for prime ministers shinzo abeving his friend a pat on the back and a little encouragement. hand: a little helping always appreciated. thank you so much first thing on top of that story for us. china facing growing demand for better and safer food. we have a special report on an organic farm the size of new york city. next, a look at the turnaround plan at sony and the challenges the company faces to stay on top of the game. this is bloomberg. ♪ haidi: this is "bloomberg markets: asia." i am haidi lun in sydney. a quick check of the business flash headlines. singapore exchange is nearing a deal that would encourage local startups to go public. under the agreement, the firmsge would help text and investors with the ultimate goal of securing a listing. it would allow sgx to engage earlier and allow for competition. the agricultural trader bunge jumped. glencore is an contact and finished the london session down. e jumped, taking the fire above $11 billion. toshiba and western digital are meeting on wednesday to resol

the president met the japanese prime minister shinzo abe.f focus on their handshake. because it seemed like president trump held on so long and shinzo abe was trying to pull away. now he's getting flack because he tried to pull away too soon apparently. >> the young macron there was hanging in there and the french won, america zero in that battle over the handshake. >> how is your handshake? >> let's see. >> sometimes i'm told my sha handshake is too firm. >> it's powerful. >> am i crush being people's hands without knowing? pressure on the handshake. we'll have more on that coming up of. breaking overnight republican congressional candidate in montana has won a special election just a day after being charged with with assault in an altercation with a reporter. >> gianforte was thrust into the spotlight just last night when reporter ben jacobs said the candidate body slammed him for asking a simple question about health care. gianforte still received more than 50% of the vote to decisively beat his democratic opponent. he did, however, offer

prime minister shinzo abe has provide policies to more care facilities are the prime minister also relaxedgration restrictions in a piecemeal faction which has contributed to the increase of overseas workers. below onejapan dipped million for the first time on record in 2016, yet high quality health care is helping extend life expectancy by three decades the last 60 years. the longevity comes at a cost, with swelling costs making japan unable to rein in public debt. an aging population can bring dire implications for a country's finances. faced with spiraling retirement payouts, abe has pledged to invest in riskier assets. remain the population wary about immigration, due to a desire to preserve the country's protect identity and to ultra low crime rates. you can read more about japan on our quick takes. mark: let's get to apple. the pressure on apple when it reports second-quarter earnings after the bell today. shares are soaring. now, colin gillis, senior tech analyst at bgc partners, who has a hold rating on apple. great to see you. you're in the minority. 80% of analysts have a buy rat

the commander-in-chief meeting with japanese prime minister shinzo abe at of the g7 summit in italy afteraders urging world powers to come together in the fight against terror. >> all people who cherish life must unite in finding, exposing and removing these killers and extremists. we must drive them out and never ever let them back in. heather: donald trump had back home to washington dc tomorrow. former speaker of the house newt gingrich has this advice for donald trump for when he returns home from his historic trip. >> the president comes home and remains disciplined, if he is willing to be the leader of a team rather than someone who goes off on his own when he feels like it he could become formidable my advice would be like corey lewandowski, let them do the fighting, you go out and talk about jobs, healthcare, infrastructure, you are the positive creator of these things, stick within the boundaries of working with a team and don't get off on other stuff. salman abedi rob: he is connected to deadly terror attacks. why is this man being honored in a new york city parade. the widow of

. >> reporter: in a bilateral meeting, the president and japanese prime minister shinzo abe agreed toce sanctions on north korea and anyone who missile andsterheresa may, reaffirming their commitment to post brexit deal. but the leaders did not find common ground on global warming. >> there was no doubt around the table about how important this particular issue on climate change is, and we were all very clear about that and about the role the paris agreement plays in that. >> reporter: president trump, unwilling to commit to the 2015 paris accord to lower greenhouse gases. he's already signed a series of executive orders, repealing environmental orders to ensure meeting targets. he's already said he won't decide about the paris agreement until after this summit. >>> hillary clinton saved some of her sharpest, harshest words for today. throwing some jabs a .trump, but she didn't shy on away from challenging his administration throughout the speech. >> some are even denying things we see with our own eyes. like the size of crowds. [ laughter and applause ] >> but this is serious busines

shinzo abe also looked like he was having a good time.ust looking like the body language, it seemed to me like they were getting along. obviously they go off to an incredibly awkward start. david: that brings up the japanese prime minister. there was a bilateral meeting between the president of united states and the discussed the north korea. what came out? says: prime minister abe they wish they could of gone golfing, but clearly they were having that one reception. i think my broadly it is worth noting that the feel on the ground here is very different than it was in the middle east. wherever we went there were signs lighting the streets welcoming president trump. that is not the case here in europe. there is a deep sense of skepticism. to matt's point, that is why a lot of these more awkward moments have cut eye on social media. david: for me ask you quickly here. i was talking with ambassador nicholas burns about what the president said yesterday tomato. yo-- to nato. you listen to the rhetoric from president trump. you find that to b

he's talking to a lot of people and talked to all of the european allies, talked to shinzo abe of japan last week because he wants to make a decision that he believes respects the environment to the best degree possible but also, if he were to adhere to the pacts, other countries would get a jump in manufacturing. the one thing he promise. neil? >> neil: thank you, john. the former director of communications to hillary clinton, adrian elrod is here. we have charles payne debating the pros and cons of this apparent move of the administration will part company from much of the industrialized world. charles, you say good riddens, right? >> i do. and this is not even about debate on whether or not you believe in climate change or if it's manmade. this is a poorly crafted deal. this is one of those social justice kind of deals that president obama fell in love with, redistribution of american taxpayer money to the rest of the world to do something i guess he thought was noble. but it's a job killer. it hampers our growth. it propels china and india to a very advance position where they don't

. >>> japanese prime minister shinzo abe has told cnbc that he hopes the united states will return to the tpp trade table as he pushes ahead to strike a deal. speaking to akiko, prime minister abe said it was vital the u.s. and japan maintained free and fair trade regime. >> translator: we have finally come to an agreement on the rules of free and fair trade. we hope to utilize that agreed framework. unfortunately the u.s. has declared withdrawal from the tpp. since we have come thus far, japan must take on a leadership role and bring the talks forward. we would like to capitalize on the result of our long years of efforts. i think the important point is to ensure a fair and free trading regime in the asia pacific region between japan and the united states. we have agreed that it is very important to create a trading framework which will enable the development of this region as a whole for free and fair trading activities so momentum should not be lost. in the upcoming tpp ministerial meeting in vietnam, i wish to seek the solidarity and unity of the 11 countries so we can come up wit

with shinzo abe, with xi jinping.nk we're seeing it now on this first foreign trip his attempt to solidify personal relationships in the name of legislative policy and international policy gains. >> we do know earlier when he was talking about having the meeting with the amir of qatar, he said he has met before. obviously president trump has had meetings with some of these leaders so he is reinforcing this. is this difficult to keep the political line versus the business also following the fact that they signed the joint strategic vision that included the $110 billion arms treaty that they signed in saudi arabia. so, how is president trump sort of walking that line between business and politics? >> well the business is the politics, the politics is the business, i think. as much as these relationships are personal, it does impact the way that deals are getting done. i think that the administration will point to yesterday's arms deal which was combined with a lot of other -- from u.s. economies into the saudi economy a

prime minister shinzo abe is introducing policies to curb working hours and improve facilities. the other day -- elderly. progress has been slow, and it cannot make up the labor shortfall. others, a robot revolution, plan to grow the robotics sector encouraging automation and , everything from factories to medical care. his moves to loosen labor rules have had had some impact, doubling the number of overseas workers, more than one million, in the eight years till but that 2016. is still not enough. here is the argument. an aging population brings dire fiscal implications, including unsustainable debt and contributing to deflation. yet, the electoral muscle of the elderly, who are far more likely than the young to vote, meaning it is hard for politicians to do more to trim benefits. while the japanese recognize an aging population is a problem, most are wary of immigration. the reason for that is a desire to preserve the countries unique -- country's unique cultural identity and a fear of increasingly ultra low prime rates. according to a united nations report, japan needs to att

shinzo abe has a bilateral meeting with trump this morning.hey will all be arriving, taking a photo at the greek theater, attending working sessions, lunches, a g7 dinner later tonight. >> the prime minister welcoming them there as they come through. >> one of the stories is that a lot of these leaders are attending g7 for the first time. a lot of new leaders, uk, france, u.s., italy. >> abe, merkel and the unelected eu leaders of tusk and trudeau -- i guess trudeau was there last year. a lot has changed. interesting this comes back off the back of a nato meeting. a lot of them were there, not all of them were there. similarly eu meetings in brussels. the friction we saw there between president trump and those specific nato and european leaders, does that carry through now or does it soften a bit as mr. abe, who he has a decent relati relationship with, and mr. trudeau he meets with as well. or does that fractious relationship continue? >> i think mr. trump will be more comfortable at this one. g7 is known to be more informal in terms of talks

he is going to the meeting with japan's shinzo abe. he is also going to be meeting with the head of the european union. he will attend an orchestra event with first lady amalia trump. -- melania trump. again, being greeted much differently than he was in the middle east. saudi arabia and israel, two countries that have different policies, but are united against iran. here in europe, that deep skepticism on the president's rhetoric and policies, several of the g-7 nations here today actually do business with iran from a foreign policy standpoint. when you talk about counterterrorism, with the economic backdrop, there's also going to be a focus on currency and financing terrorism. over the weekend, president trump announcing a counterterrorism task force that unite nations to combat terrorism. francine: kevin cirilli in sicily. joining us now, jon jonsson, senior portfolio manager for fixed income, and it stubs, double market strategist at jpmorgan. jon, led me start with you. what does the g7 and the trip for president trump, how does t

. >>> this morning japanese prime minister shinzo abe decided to take action with united states in responseo the latest provocation. >>> a go flies off a new water slide in dublin. i'm jessica flores with the very latest coming up. >>> and i'm sandra osborne live from sfo this morning where one, it's a busy travel day, and, two, construction happening right now on one of the main runways. what does that mean for your air travel out of san francisco? i'll get you up to speed straight ahead. ,,,,,,,,,,,,,,,,,,,, >>> live from the cbs bay area studios, this is kpix5 news. >>> a boy launches off a bay area water slide. now an investigation is underway into what went wrong. >>> plus the president returns from his first foreign trip as our nation's leader to a growing crisis within his administration. >> a lot going on. thanks for joining us this monday, may 29th, memorial day. i'm anne makovec in for michelle griego. >> and i'm kenny choi. >>> first let's start this morning off with a check of traffic and weather with roberta gonzales, entering the picture, maybe a second late but we will forgiv

president trump meeting last week the japanese prime minister shinzo abe a spoke of the through it.'s it's a big problem. it's a world problem and it will be solved at some point. it will be solved. you can bet on that. >> reporter: from china's perspective, the solution may involve china leaning on his reclusive neighbor. with the president tweeting yesterday "north korea has shown rate disrespect for their neighbor, china, by shooting off yet another ballistic missile but china is trying hard." >> reporter: is china a willing partner in that regard? and even if they do lean on north korea, what it really change the behavior of north korean leader, kim jong-un? >> doug luzader from washington. thank you. >>> the white house could be getting ready to reverse u.s. policies on cuba. fox business reports that a full review into president obama's executive actions regarding u.s. cuban relations as nearly been complete. the obama administration restore diplomatic relations with cuba and soft and regulations on trade and travel. but the trade embargo with cuba that's been in place for almo

president trump is meeting with japanese prime minister shinzo abe and at any moment expected to arriveheatre. >> standing in stark contrast to what we saw days ago in saudi arabia. we'll go to kristen welsher to talk more about that. first, a look at the morning's other top stories. >>> in montana greg gianforte has been elected to congress, easily beating democrat rob quist. gianforte was apologetic. steve kornacki helps us break down the numbers in a few minutes. >>> jared kushner under scrutiny in the federal probe. multiple officials telling nbc news investigators believe kushner has significant information relevant to their inquiry. "the washington post" reports investigators are focusing on a series of meetings held by kushner with russian officials. that does not mean they suspect him of a crime or intend to charge kushner with anything. his attorney says his client will be cooperating with their request for information. >>> the chairman of the senate foreign relations committee says lawmakers could take up a bill to increase sanctions on russia as early as this summer. it's sig

shinzo abe calling the launch of ballistic missile totally unacceptable.council were convened in both japan and south korea. south korea's foreign ministry putting it this way, this repeated provocation is a reckless and irresponsible behavior like pouring cold water on the wishes of our new government and the international community for denuclearization and peace to prevail on the korean peninsula. when they talk about their new government in that statement, they are referring to the fact that south korea elected a new president just under two weeks ago and now north korea has launched two ballistic missiles in the first two weeks the president has been in office. they've launched a dozen ballistic missiles since president trump took office. showing they cannot be cowed by the sanctions. it was just a few days ago that the united nation security council met to talk about the possibility in further sanctions in light of the test and now we understand the u.n. security council will meet again to discuss the latest test. >> thank you for the update. "saturda

in a series of private meetings, they met with shinzo abe.bal leaders discussed ways to assess the growing threat of north korea nuclear weapons program. the president also met with the u.k. prime minister theresa may. it comes following the bbc report that u.k. officials have stopped sharing intelligence information with united states about the recent manchester terrorist attacks. that is because the u.s. intelligence community has leak information to american media outlets. the president has called on jeff sessions to investigate the matter. much attention was made to the body language of the global leaders as they met. particularly with emmanuel macron. whether or not he gripped the hand of president trump and what that could mean. it is all because president trump was great with much fanfare on his first international trip. skepticismope, big continue to echo throughout the g7 summit. from here, president trump will continue with day to of the g7 summit meeting. he will return home to washington where a series of scandals continue to engu