shinzo abe has pushed back balancing the budget to 2020.t risk does that have longer-term for japan? are we getting closer to some kind of debt crisis? >> the possibility of a debt crisis will not happen soon because if we look at long-term lownal yield, it is very compared to nominal gdp growth. that, the japanese debt is temporarily sustainable. because this debt is accumulating and there is an is increasingthat , so the government has to tackle this. for the moment, thanks to the boj low interest rate policy, i think people do not find it important to deal with fiscal consolidation. >> what does that mean for the bond market? if we see fiscal policy from shinzo abe, the fed unwinding its balance sheet. i guess the assumption is yields will rise and the boj will have to keep the 10 year yield at 0%. how much longer can they give that stimulus. >> the amount of holdings accounts for 40% of long-term jgb outstanding. eventually the boj has to stop doing this, but this moment as long as the boj continues to equivalent long-term jgb's, there

you of shinzo abe's victory in the election injapan.ent. i'm not sure what the thing at the bottom is. that is puzzling. we'll bring you more information on that strange sign at the bottom of that board. but we will see later. public health england says many patients should be told to go home and recover on their own rather than be given antibiotics. it says up to a fifth of prescriptions unnecessary as many coughs and sore throats will get better with rest. the message is part of a campaign to prevent the rise of superbugs and the "post—antibiotic apocalypse". bacteria like these e. coli are getting harder to treat as they evolve ways to resist antibiotics. this is where the most serious infections come for analysis, and the stuff that these public health england laboratories are worried about growing levels of antibiotic resistance. my lab looks for resista nce resistance. my lab looks for resistance to the most powerful antibiotics we currently have. if we go back to 2005 to 2007, we will see these bacteria into all four cases per ye

i should say we are waiting to hearfrom shinzo abe again.d say we are waiting to hear from shinzo abe at some point this morning and we will of course bring that to you as it happens here. stay with us for that. moving onto the independent. gina miller putting her sort of neck on the block again. she got a huge amount of criticism for saying that article 50, the article would wished us article 50, the article would wished us into bricks and negotiations, —— that pushed us into brexit negotiations, she came into huge amount of criticism and now she is asked to show 50 secret that reports, what do they do? they diagnose what could happen. they basically show the government has been contemplating a no deal with the european union for pretty much since it was first put on the table which is something theresa may was pretty much always said until recently has always said that we will get the best deal, the best deal we can for the uk and that of course has slightly changed to say no deal is better than a bad deal. but, i mean, brexit is the bigge

how does the ldp view this election win for shinzo abe? e of confidence or by default? policy, we can evaluate the great landslide victory of the ldp and leadership up prime minister abe. another reason that you mentioned, a confusion of the opposition parties. it gave us a positive under which each candidate could more easily join the battles. ministerhe prime expressing humility during his victory speech, saying i know there are people against the ldp and my views as well. ca doesn't wante him to stay even after this victory. how does he change that sentiment? election come the there were several difficulties scandals, the prime minister himself, therefore his popularity rates declined. then even though we had the landslide victory of the general election, the prime minister should keep a low profile and carefully handle that landslide only the person who enjoyed the victory, but also he his very careful positionse political , and then he has to re-strengthen his own stable and consistent leadership again. yvonne: given the majority, do y

shinzo abe a looks fit to claim a decisive victory after the elecection.. reviving the pacifist constitution as the country faces a growing threat fm north korea. after a bloody campaign, the fromppines, reading a city pro-islamic state militants. as pain moves to impose home rule on -- as spain moves to impose home on catalonia, next moves across the region. ♪ >> we begin in japan with prime minister shinzo abe set to win after exit polls showing a decisive victory. promised to deal fairly with north korea, local media reporting his ruling coalition hass r retained two thirds majoy in parliament paving the way for him to amend the nations postwar pacifist constitution. [applause] >> japan's prime minister has won his bet. the liberal democratic party acquiring a landslide victory in the parliamentary election. despite pre-election opinion polls which showed lackluster support for his policies. he called sunday's elections a year in advance in hopes of gaining the super majority needed to revise the country's pacifist constitution removing any doubt about l

from shinzo abe in the next hour or so.ing it here for you live on bbc world news. —— a press. let's take a look at some of the other stories making the news. two people have been killed as typhoon lan moves across japan. officials have advised people living near the coast to evacuate to higher ground. the powerful storm is slowly moving northwards up the japanese archipelago and is expected to hit the capital in the coming hours. hundreds of flights and train services have been suspended. argentina's centre—right governing coalition is on course for victory in mid—term congressional elections. the result will strengthen president mauricio macri's position as he seeks to push forward with his programme of economic reforms. the most closely—watched race was in the province of buenos aires, where the former left—wing president, cristina fernandez de kirchner, is set to win a seat in the senate. russia's opposition leader has addressed an unauthorised political rally in the southern town of astrakhan, hours after being release

full speed ahead for shinzo abe and abenomics. his election win means the japanese prime minister can continue his economic reform programme. live from london, that's our top story on monday the 23rd of october. another $18 billion worth of stimulus has been promised to help boost japan's flagging inflation and lift productivity. also in the programme — tesla could be the first foreign car company to have a manufacturing operation wholly "made in china". we'll find out more about the obstacles faced on both sides. not a huge amount of movement in the markets at the moment. we were following them throughout the day. sending a message from the past to the future — the postcard is getting a digital revamp from tech company touchnote. we'll find out why it's growing in popularity. today we want to know — do you still send postcards? wish you were here, that sort of thing. who was the last person you sent one to and why? let us knowjust use the hashtag #bbcbizlive. hello and welcome to business live. the outlook for the world's third b

prime minister shinzo abe has declared victory after japan's general election. beral democratic party — and itsjunior coalition partner — are forecast to secure 310 of the a65 seats in japan's lower house of parliament. mr abe is now on course to become japan's longest serving post—war prime minister. rupert wingfield—hayes has the latest from tokyo — his report contains flash photography. shins are they took a gamble and it has paid off. —— shinzo abe. his approval rating plunged to less than 30% earlier this year and now he has won a big victory. for more years in power. "4. this makes japan's most successful post—war politician. he was as this did to his win by typhoon lan which kept nearly half of japanese voters at home but his biggest opposition was incompetence last week, this woman vowed to take him on at the polls but come election day, she was at a conference in paris. shinzo abe claims he called the election because of the threat from north korea. he said he needed a mandate from the japanese people to get tough on pyongyang and its missile programme.

shinzo abe looks for a decisive win sunday.hat would be a show of support for his attempts to revive a slumbering economy. kathleen: i am kathleen hays in new york where it is just past 7:00 p.m. thursday. treasuries rose and the dollar fell on reports president trump is leaning toward jerome powell to be this -- the head of the fed. yvonne: it is looking to be more like an easy win for shinzo abe on this sunday election. the latest poll we saw, the ruling coalition said to have the best election outcome in decades. more than 31 years. that was facing opposition in disarray. the party had -- was losing hopes in the past couple weeks. kathleen: i guess that is one reason donald trump wanted to make sure everybody knew he would get this fed chair selected before he takes that very important trip to asia. he will have a lot of important business to attend to. the way the polls are looking, it looks like congratulations to abe on a victory. the question will be, what kind of momentum and support this to continueminister with more d

prime minister shinzo abe has declared victory after japan's general election. s liberal democratic party and its junior coalition partner are forecast to secure 310 of the a65 seats in japan's lower house of parliament. mr abe saidhis imminent task would be to "deal firmly" —— mr abe said his imminent task would be to "deal firmly" with north korea, which would require "strong diplomacy". he's now on course to become japan's longest serving post—war prime minister. rupert wingfield—hayes has the latest from tokyo. his report contains flash photography. shinzo abe took a gamble and it has paid off. this summer, the japanese prime minister's approval rating plunged to less than 30%. now, he has won a big victory — four more years in power. this victory makes mr abe japan's most successful post—war politician. he was assisted to his win by typhoon lan which helped keep nearly half of japanese voters at home. but by far, his biggest help was division and incompetence in japan's opposition parties. last month, this woman, the popular governor of tokyo, yuriko koike,

a resounding victory for shinzo abe asa a resounding victory for shinzo abe as a japanese prime minister declares victory in the snap election. time to leave iraq. the us secretary of state tells foreign fighters battling islamic state to return home. also... acid has stripped the oceans, rising c02 levels could affect all see why. tensions remain high over the korean peninsula, we speak to south koreans trying to live a normal life. good morning. it is iam in london. shinzo abe has declared victory after the general election. his liberal democratic party and its junior coalition partner are forecast to secure 310 of the a65 seats in japan's lower house of parliament. mr abe is on course to become japan's longest serving post—war prime minister. rupert wingfield—hayes has the latest from tokyo, his report contains flash photography. shinzo abe took a gamble and it has paid off. this summer the japanese prime minister's approval rating plunged to less than 30%. now he has won a big victory and four more years in power. this victory makes mr abe japan's most successful post—war politician.

at the moment, it looks like shinzo abe's risk, his bed, to go foran like shinzo abe's risk, his bed,oing to pay off. —— bet. the ruling party looks like it is going to have a sizeable majority, perhaps as many as 300 seats. that is down from the current 322, but it is still a sizeable majority. and that means shinzo abe will remain a minister and will be able to move forward with his plans for constitutional change over the next four years. and thatis change over the next four years. and that is certainly what everybody suspects this election is about. it is about him getting another four yea rs is about him getting another four years to carry out his vision for changing japan's constitution, and that means, of course, the key to that means, of course, the key to thatis that means, of course, the key to that is removal of article nine, the pacifist law since the second world war. north korea has been a theme, what other themes have there been? shinzo abe has made this election about north korea because he has had about north korea because he has had a bump in the polls in the last fe

shinzo abe took a gamble and it has paid off.s summer the japanese prime minister's approval rating plunged to less than 30%. now he has won a big victory and four more years in power. this victory makes mr abe japan's most successful post—war politician. he was assisted to his win by typhoon lan, that helped keep nearly half of japanese voters at home. but by far the biggest help was division and confidence in japan's opposition parties. last month this woman, the popular governor of tokyo, vowed to take on mr abe at the polls. but come election day, she was at a conference in paris. mr abe claims he called the election because of the threat from north korea, who said he needed a mandate from the japanese people to get tough on pyongyang and its missile programme. translation: i believe this election was firstly about the korean threat. you could say the north korean threat was the biggest ever. but the issue closer to his heart is changing the constitution. japan has a modern military. but for over 70 years it has not fired a s

another landslide victory for shinzo abe. all things japan as we hone in on the yen. longest-serving leader since the post-war. no change in the boj stimulus program.

shinzo abe took a gamble and it has paid off. r, the japanese prime minister's approval rating plunged to less than 30%. this victory makes mr abe japan's most successful post—war politician. he was assisted to his win by typhoon lan which helped keep nearly half of japanese voters at home. mr abe claims he called the election because of the threat from north korea. he said he needed a mandate from the japanese people to get tough on pyongyang and its missile programme. translation: i believe this election was firstly about the north korean threat. you can say it is the biggest threat ever. but the issue much closer to shinzo abe's heart is changing japan's constitution. japan has a powerful modern military but for over 70 years, it has not fired a single shot in anger. article nine of the postwar constitution states that japan will forever renounce war and the use of force to settle mr abe and his supporters considered those words a humiliation, forced upon them by the american victors. he now has the best chance he will ever get

japan's prime minister shinzo abe has declared victory in sunday's general election. ading for more than 300 seats injapan's lower house of parliament. mr abe is now on course to become japan's longest serving post war prime minister. his victory may also open the way for mr abe to fulfil his life long dream of scrapping japan's pacifist constitution, amid ongoing tensions with north korea. from tokyo rupert wingfield hayes reports. his report contains some flash photography. shinzo abe took a gamble and it has paid off. this summer the japanese prime minister's approval rating plunged to less than 30%. now he has won a big victory and four more yea rs won a big victory and four more years in power. this victory makes mrabe years in power. this victory makes mr abe japan's most successful post—war politician. he was assisted to his win by typhoon lan, that helped keep nearly half of japanese voters at home. but by far the biggest help was division and confidence in japan's opposition parties. last month this woman, the popular governor of tokyo, vowed to ta ke popular

there was a snap election during which shinzo abe completely cemented his power.a little bit weaker versus the u.s. dollar today. our macro man says it should be trading around the 1.15 mark, according to his models -- the 115 mark, according to his models. this carefully. 37,are holding in at 2. 2.38. global macro movers. i wanted to point out turkey. the turkish stock index is down about 1.1%. notably, the lira is weaker as well. yields are much higher. there is a lot of selling of turkish bonds, a lot of volatility. thanks may be facing penalties from the u.s. for doing business may be facinganks penalties from the u.s. for doing business with iran. mark: let's chat about the yen falling today to its lowest months, more than three as japanese stocks climbed for a record 15 straight day -- 15th straight day, all this off the back of shinzo abe's win. on thea piece of earlier wonderful markets live section. cynic might wonder just how much tangible policy action the abenomics revolution has produced." reformird arrow of remains largely confined to the quiver." wo

i know so far there is a lot on shinzo abe winning this election.e volatility. in japan forrise sure, given that the policy has held the 10 year yields very tightly around 0% to 10%. there is a form of complacency there. mark --think that the it would take a lot to shift that view. i want to focus on spain. you mentioned complacency. have seen,nt that we the market reaction of catalonia is in the spain german ten-year. up and seen that spike stabilize now on news that there might be division among the and business leaders. is asia underestimating the risk of this? >> i think there is still some pragmatism. that is what we saw unfold last night in terms of spain, that there was a bit more balance in the discussion that it was constitutional, that the catalans could not succeed. it would be a lose lose situation. it would be detrimental to the banks and ultimately to the stability of spain. it would not be great for the population more generally. isgmatism in the markets still complacent. past,e have seen over the generally speaking, it has been a rea

japanese prime minister shinzo abe's ruling coalition is on course for a resounding victory in sunday'slection, according to exit polls. his party is set to win two thirds of the seats in the japanese parliament. mr abe called the snap election to strengthen his position in the face of the growing threat from north korea. earlier i spoke to our what mr abe's mandate would be for this next term as the japanese premier. this will be his fourth time in parliament. it will be almost certainly his last term as by minister, so he is very likely to use it, to try and pursue his lifelong dream of reforming japan's post—war constitution. shinzo abe is a right—wing nationalist, and he and his supporters seedy pacifist opposed on japan by his supporters seedy pacifist opposed onjapan by the united states at the end of the second world war, as a deep humiliation. they want to get rid of the pacifist element, not all at least change it, so element, not all at least change it, so that japan can become what he calls a normal country with a normal military. but, it will be difficult. you need to get a

shinzo abe expected to secure that victory.e saw a down day yesterday when it came to japanese shares after the longest winning streak in three decades. this get over to sophie. we are seeing a mixed bag kospis equity markets, the snapping a two day drop. japanese shares are on the back foot. wellingtonydney and reversing losses, now set for an eighth day rise above 5900. the kiwi is continuing to plunge , below seven cents since may. the aussie also losing ground today. check out the dollar-yen at 112.69, losing ground against the the dollar given the chapter around to the next fed chair might be. , given thethe aussie drop in the kiwi dollar, now a higher trading range which could push it towards 113. i want to show you taipei, taiwan he stocks today on the back foot after a fresh record thursday. .e saw an upgrade now a last look at nissan and kobe steel. nissan falling. kobe steel among the best performers on the nikkei 225. indeed, close timing on that hong kong open. stocks tumbling there's a afternoon. traders citing a r

professor, if she does not run, and what other repercussions for party of hope, and will this mean shinzo abeiberal democrats? i don't think mr abe will have a landslide victory. her party of hope will pull some conservative members away from the ldp party and this will be another centre of political pressure. i think what she can do to produce a national legacy is push prime minister shinzo abe's ldp to the right on constitutional issues. she does it to the right on constitutional issues compared to the prime minister shinzo abe. she would like wide ranging constitutional change. and she has a track record of revisionism not unlike the prime minister. her right leaning credentials suggest that she will use her party platform to push the prime minister more to the right which will complicate relations within the region. thank you so much for your insights on the japanese election and on ms koike, whether she will run or not run, stephen nagy, senior associate professor at the international christian university in tokyo. you have been watching newsday. stay with us for cooking with a bite. we'

rupert, what will shinzo abe do with his newly acquired electoral mandate, will it affect the futuretry's constitution?“ mandate, will it affect the future of the country's constitution? if he gets the two thirds majority it looks like he's heading for then it's very possible. this will be prime minister shinzo abe last and probably better chance to achieve his lifelong goal of reforming japan's post—war constitution. he needs two thirds in the lower house and the upper house which it looks like you'll get. then he will have to go to a referendum. but the key thing here is that mr abe and his supporters have long wanted to overturn the pacifist article nine of the japanese constitution which commits the country not to have a standing army and not take part in any war. they feel it was imposed on japan after the war by america and isa japan after the war by america and is a humiliation. now mr abe has said he will use this mandate to push ahead with his attempt in his last term to rid of it. rupert in tokyo, thank you. in the last few minutes the world health organisation has announce

francine: what are you expecting from the next term of shinzo abe?> if he manages to change the constitution and 2020, it's one thing. for the markets, we will have more fiscal spending. he will try to put women in the workforce. this is japan trying to deal with the shrinking population. they need more people in that workforce. change, abeutional has been a big supporter. japan still has a pacifist constitution. they have been interpreting that. but i think japan now potentially wants to change that because of the missiles that fly across japan from north korea. francine: what about abenomics? what's the step forward for japan? the consumption tax, as long as it is a transfer and not an effort to reduce the deficit, i doubt there will be much impact on demand. but what we have seen with abenomics is the growth potential increase. that's all we see markets growing so much. the rate at which japan can supply goods and services has improved. that means increased profit. he goes japan is a large open economy, it is in a very sweet spot in terms of what

a gamble by shinzo abe seems to have paid off.r this means more of same in terms of stocks and yet is an interesting one. thes: the question is will leader be kept at the bank. take a look at this. this is roaring away. the nikkei is on a 15 day terror. into it outperformed by nearly 60% in december. the question you need to ask yourself, are japanese equities overextended thus far? japanese equities have this history of confounding forward investors in their ability to continue. dollar-yen is on a three-month low. i like japanese equities despite all the scandal. abe is speaking in tokyo. he is saying that he spoke to trump over the phone. that is coming from earlier on this morning. he says he has strong support from the people. he says he got a better result than targeted. let's put up the risk radar. and the broader equity story. everything in the asian session in and out of positive territory. japanese stocks at their highest in a decade. but the dollar in there as well. reforms have put the conversation around the conversati

it is expected to secure shinzo abe's position as japan's longest serving post war prime minister. . abe called for the vote in september, he hopes to get a strong mandate to keep taking tough stances on north korea, which sent ballistic missiles flying over japan in recent months. >> translator: now together with the international community, we have to put the highest possible pressure on north korea. we will create a society where everyone can have a dream, a society where people young and old can feel safe. >>> let's cross over live to our journalist there live. this could be a game changer for mr. abe. >> it could be. i think with early polls showing that it could be a big victory for prime minister, shinzo abe, i think it might in the end turn up to redefine his legacy of not only as the longest serving prime minister in the post war period, but in fact what he does with the japanese constitution, which has been the pacifist one throughout the post war period. he made it clear he wants to change that. some polling stations here in japan are closing early because of the very pow

reporter: shinzo abe repaying the lower house of government. victory paves the way for more altar easy military policy that boosts stocks to the highest level in two decades. the second-biggest economy expands to this raises his chances of winning another term next year ahead of the liberal party which can make him japan's longest serving leader. planlan separatist -- cap separatists, the president said it to be ousted within days. his allies are signaling he could clear independence. u.k. prime minister battle to get brexit legislation through parliament. the new roadblock, the labour eclipsing thes, summit. theresa may's underlined when given her an ultimatum. changes to her legislation or risk. a reform agenda has received a critical boost after they gained around in elections. the key battleground of when azeris, his ally, the ex-president's affairs critic. the czech republic eurosceptic has won a dominant victory in the parliamentary election. the party run by andre who opposes euro members of and has onys -- blamed paris attacks germany.

the japanese prime minister shinzo abe wins a landslide election victory giving him a historic thirdin office. and would you eat fruit that is being produced in a lab, find out why some scientists are going bananas in australia. the votes have been cast and the results are in, the japanese prime minister has been handed a fresh mandate to continue with his programme of economic stimulus. his ruling coalition secured a two thirds parliamentary supermajority which will also give him the ability to push for a revision ofjapan‘s post—war constitution. earlier we discussed the policy implications of this historic win. it no one seems more likely he will press ahead with the sales tax hike in 2019, he's made it clear in the run—up to the elections and that could deal quite a blow to the economy in 2019. you say that's a blow to the economy, but his attempt to stimulate the economy, his three arrows, fiscal spending, was policy and reform, has he succeeded in those? in fiscal policy he has mostly tightened fiscal policy he's had some success in reducing the budget deficit so that's been a h

prime minister shinzo abe is looking for a new band date for his ruling liberal democrat party.he nikkei is trading at a 20 year high. earlier i spoke to josh crabb in hong kong and i asked how big the debt problem is for chinese president xi xin ping. debt has been an issue around the world for some time and the numbers have been high globally. from our perspective, we think it is an issue that many countries are going to have to deal with including china but we think there is an increasing focus on trying to keep control of that level of debt that is developing. from a gdp perspective, obviously the economy has been slowing. that is going to happen. china is obviously still growing at a much higher rate than most of the developed world and that hasn't stopped, you know, the valuations we have seen elsewhere. it is a slowing down but we think the quality of that growth is starting to improve which is important. is talk about the debt burden. it is getting heavier for the chinese government. can we expect another downgrade in the medium term. this tends to take a longer term pic

have won the right to breakaway after holding a referendum that they call unconstitutional. >>> shinzo abeg to become japan's longest serving prime minister since world war ii. the country is voting right now in snap elections. a win for mr. abe could re-energize his push to revise japan's pacifist constitution. >>> all five living former u.s. presidents made a rare joint appearance on saturday. the concert benefiting hurricane relief efforts in texas, in florida and the caribbean. organizers say they raised at least $31 million for more than 80,000 donors. >>> iraqi kurds are protesting in erbil. the demonstrators are angry at the u.s. for taking a neutral stance in the dispute, especially given the kurds' vital role in fighting isis. our senior international correspondent ben wedeman is following the story. people are making their feelings very clear about the current u.s. president. >> reporter: indeed they are. it is something of a turn around, you know. george, i was here in iraq last december, we did a story about the kurdish love affair with then president-elect donald trump. we wen

shinzo abe's ruling coalition is likely to lose its majority.orting from tokyo -- final stretch of this national election, the weather has changed. a monster of a storm this weekend, which could impact the turnout on sunday. 310 was the magic number we are looking for to see whether the coalition party could maintain a super majority. are 10 shy ofthey making it harder for shinzo abe to push for some of his more divisive policies like revising the pacifist constitution, and less of a freer hand in starting the consumption sales tax hike in 2019. given the disarray of the opposition, there is a sense that there was no alternative here, the continuity of abe monetaryhe boj's policy, the lack of momentum from the party as a whole, making -- more attractive, especially for shinzo abe, paving the way for him to be the longest-serving prime minister in japanese history. --e: reallywe weren't expecting it. given the north korean tensions, he did get a major boost. yvonne man was talking about reviving the pacifist -- revising the pacifist constitution,

they're expected to discuss north korea and the nuclear crisis. >>> the prime minister of japan, shinzo abes for giving him a resounding victory in sunday's snap election. he spoke at a press conference last hour. earlier sunday, the u.s. president donald trump congratulated mr. abe in a phone call, and the two agreed to step up the pressure on north korea. >>> now to spain's political crisis. both sides, madrid and barcelona are denying carrying out a coup d'etat. catalan leaders are rejecting any rule from madrid. they say the region won the right to be independent through an unofficial referendum. madrid wants to suspend catalonia's autonomy until new elections are held. now in a new interview with the bbc, the spanish foreign minister is defending the government's plan. listen. >> we are going to establish the authorities who are going to rule, you know, the day to day affairs of catalonia according to, as i said, to the catalan laws and norms. i hope everyone will disregard whatever instructions they will be planning to give. because they will not have, you know, the legal authority to

shinzo abe maintained the support for monetary easing.till looking at taxing corporate japan reserves. david engel -- ingles following this. it came to taxes. also nuclear power. they did not depart from the manifesto. it really came down to, can shinzo abe convince the japanese voting public that abenomics and his path forward is worthy of the two thirds majority they enjoy right now? that is his biggest issue, can he maintained his two thirds majority? for the governor, this was her chance to show herself. she is popular in tokyo. she gave the moving party a run for their money in the municipal elections in july, but she does not have a big national base. was she able to convince voters on a national level of her platform? yvonne: and whether she got to differentiate herself from the party. stephen: they had differing opinions. yvonne: on nuclear. stephen: let me get through the other things first. -- it ise reinforced premature to talk about using -- easing. he said he will lead that decision to mr. garuda and the boj -- he will leave

a resounding victory for shinzo abe asa a resounding victory for shinzo abe as a japanese prime ministertime to leave iraq. the us secretary of state tells foreign fighters battling islamic state to return home. also... acid has stripped the oceans, rising c02 levels could affect all see why. tensions remain high over the korean peninsula, we speak to south koreans trying to live a normal life.

does the re-election of shinzo abe give that a leg from here. >> clearly it has.he expectation is that this opens the door for continued ee easing at a time when the rest of the globe is pulling back the u.s. already laid out a plan for tapering the ecb will lay out a plan for tapering the uk could raise rates we're looking at a rest of the g 4 thg4 that is tightening when n will be easing >> gina sanchez, thank you very much for that. i said earlier 16 winning streaks. that's the new record, it was a 14-day previous record streak set in the 1960s sfwlooch >>> shares of commerzbank are trading higher in europe the ft reports that the bank hired advisers to analyze potential m&a scenarios. it is up 4%. it gained on possible talk of this possible takeover fascinating story. potential suitors are the named like bnp paribas. >>> microsoft will drop a lawsuit against the u.s. government after the justice department changed rules over data requests. microsoft filed the lawsuit last year t claimed the u.s. government was violating the constitution from preventing the com

. >>> plus, his third term all but official, japanese prime minister shinzo abe gambles on a snap election, and he wins big. >>> and raqqah in ruins. a russian official says the syrian city was erased by the u.s.-led bombing. live from cnn world headquarters in atlanta, we want to welcome our viewers here in the united states and all around the world. i'm george howell. "cnn newsroom" starts right now. >>> 3:00 a.m. on the u.s. east coast, and it is a big week ahead for the u.s. president. he is set to have lunch with top senate republicans on tuesday. the main top pick at hand, tax reform. the meet willing be a prime opportunity for president trump to push his plan. he is even hoping to get the approved legislation on his desk by late next month. but there could be some awkward moment, even perhaps tense moments at this gathering. president trump will come face the face with some of the lawmakers he has attacked during his time in office, people like john mccain, bob corker, and jeff flake. the president looking to mend fences on one hand, while in the other hand, continuing his twitter a

shinzo abe and the party of hope leader koike are basing their campaigns on taxes and nuclear power.orth korea will also weigh in on the discussions. as well as the aging population. the extraordinary easing and fiscal packages brought only a marginal improvement to the japanese economy and the results are not commensurate with the changes we have made. while i think rapid policy changes are not the state that are not desirable, we must think carefully about the exit strategy. turkish markets tumbled for a third day as divisions between ankara and washington even. theseo sides have caused set services after the arrest of the turkish man at the u.s. consulate in istanbul. the lira fell again with a seventh straight day. global news 24 hours a day powered by our 2700 journalists and analysts in more than 120 countries. i am paul allen in this is bloomberg. looking positive at the moment across the board. the nikkei is up. -- let us findt out more and go to juliette saly. juliette: things looking a little better than they were on the open in terms of what we were seeing in south korea a

his party struggle to gain momentum, shinzo abe toured the country, trying to convince voters the ruling coalition was the only one capable of protecting the nation against regional threats. abe: we are going to force north korea to open up and start a dialogue. reporter: with the main opposition parties being only two weeks old, the prime minister's gamble may pay off on sunday. anchor: time for business news. starting with the market reaction to o our top story, whh is the crisis between the catalan and spanish governments. delano: stocks across europe are trading in the read this thursday after spain said it would suspend catalonia's autonomy. the ibex in madrid at leading the declines, trading down 0.8%. across all the main indexes, including the tack and the dax, all down over half a percent. tourism authorities in the spanish region of catalonia say there has been a drop in the number of visitors over the last month. in august, a terror attack took place on las ramblas. but followed from the political crisis is also weighing on tourist city -- sentiment. reporter: last year, 18 mil

shinzo abe's gamble in japan a pay off?his is bloomberg. ♪ >> good morning. 620 -- 6:20 and london. an hour later in berlin. 1:20 in the afternoon in singapore. clouds but son. we are getting earnings from volvo a b. that is not the maker of the cars but the maker of the trucks. geely.maker now owned by profit anding some sales figures from volvo. operating profit for the third quarter at zero point 72 billion. the net sales coming in at 77 point 2 billion against an estimate of 76 billion. going into these numbers, analysts have been talking about truck profitability being hit by new model costs. they see the north american truck market. two and 25,000 units. from an overall perspective, they say, market demand is strong. will be speaking to bloomberg radio later this morning. that is it 9:45 u.k. time. me tell you what you should be watching today. leaders are discussing brexit in brussels today. they continue to discuss brexit although they have other things to talk about as well. the check parliamentary election gets un

to shinzo abe is scheduled win the election. plenty of talents leading up for shinzo abe.of double-digit growth. slightly off estimates. absolutely. seems to me it is a really important thing for japan and looking quite strong. still moving ahead, double digits and i think the latest partyshowing the ruling with the best result in three decades. yes it a good about that. >> he certainly does. before the open, reaction and numbers. catalonia's leader has until 10:00 to clarify his -- position on independence. outright made an declaration. authorities have threatened to revoke article 155 and take control of the region. meetropean leaders thursday. weekendmay seem to be by the government. the head of the european council offered a more concrete proposal. sure it is still possible achieve, but for this we need more concrete proposals to be honest. a bipartisan deal to prop up obamacare has stalled over trump supportser the plan. hetold his supporters that supports me process that wall bailoutauthorities -- a pitch to comes as attract more ipos. they say the agreement is a com

the abe government to continue the numbers that we got overnight and the result certainly puts shinzo abe in the driver's seat to secure the third term as prime minister which would make him the longest serving prime minister in japanese history as you pointed out, this wasn't a ringing endorsement of abe himself. voter turnout was among the lowest in post war history, 54%. a poll by nhk, more than half the japanese public said they don't support abe himself. it was a divided opposition that provided the lift for the ldp and the coalition partners the tokyo governors party of hope only took 49 seats to 312 for the ldp and coalition partners the constitutional democrats, they outgained them at 54 seats. this was an election that was framed as a referendum in abenomics as well as the prime minister's handling of the north korean threat. he will continue to press on with pressure on pyongyang also prime minister abe framed this election take talking about signaling and moving forward with the economic stimulus we're talking about a 2 trillion yen stimulus package that he had proposed prior t

the new poll make since they the favorite to best shinzo abe -- akes shinzo abe snapavorite in the electionsters managed to boost their business. from the bank of japan, this is the biggest survey of business sentiment in the country. very closely watched. we got the best number among the big manufacturers in terms of that index in 10 years. chart, youinto this can see here are the ratings on large manufacturers. we have the business conditions and sentiment, a five point jump to that decade high. here is the outlook, also improving. our bloomberg intelligence team, it was even not manufacturers leading the way. in terms of sentiment, of how they look at conditions, that did rise, sentiment held said he, conditions rose -- sentiment , the red line and the purple line, not such a big game. we do not have the small company's readings on this chart. for small manufacturers, sentiment went on the rise. this chart looks at the fixed investment outlook. here we have a little bit of disappointment. this was supposed to rise to 8 .3. bit.d pull back a if i am at the boj, you can see the things wiggl

it is looking to be an easy win for shinzo abe.ig question is, how big of a margin could this victory be? the polls that we have seen leading up to this election is still pretty unclear whether he can retain that majority. yousef: what about the mandate for reform? would it be strong enough and how does it play with the foreign policy? that is right. it is pretty critical for him to keep that majority, that two thirds of a vote. pastrevising the constitution, many more structural reform. given the disarray we have seen within the opposition right now, the only has booted abe's chances. he only has the economic so far.d to prove consumption and wages are still stagnant, but we are seeing growth for japan. unemployment numbers were still a two decade lows. stock market was rallying at highs that we have not seen since 1996. he is campaigning on that stability, that continuity of ultra-loose monetary and fiscal policy. when it comes to north korea as well, it is the main reason he called for the staff of election more than a year earl

the prime minister shinzo abe called the poll more than a year earlier than needed. apan a pacifist country. that's it from me. the breakfast team is here at 6am. now, the week in westminster.

betty: shinzo abe may want to keep the stock markets rising ahead of that election.ese have been trading for a little over half an hour. what is happening there? sophie: no fresh highs for the aussie share market. they fell for a second day. they are dragged lower by materials. showing you the break down by sectors. materials falling 0.9%. iron ore miners under pressure. the metal is falling. prices dropping to the mid 50's. aussie data, we are waiting on august home loans. the last check on an early mover is sydney. this one is jumping after they upgraded the revenue target above analyst estimates. that stock now up just over 4% this morning. yvonne: the latest scandal to rock the bank could go deeper than initially thought. kobe steel has more cases of falsified data likely to be revealed in the coming days. the company lost $1.6 billion in market value since the news broke. let's get the latest from japan's managing editor, brian fowler, joining us from seoul. reports,about multiple there could be more products affected now. or other international automakers looki

the prime minister, shinzo abe, called the poll more than a year earlier than needed. ifist country. speed limits through motorway roadworks in england could be raised from 50 to 60 miles per hour to combat congestion.

the prime minister, shinzo abe called the poll more than a year earlier than needed.

in japan head to the polls on sunday, for the snap election called last month by prime minister shinzo abel crisis triggered by north korean belligerence. but some critics say he's just trying to take advantage of weaknesses among his rivals. mariko 0i reports. remember when japan was known remember whenjapan was known for having a revolving door by ministers? well that was less than a decade ago. now, shinzo abe is the fifth longest serving leader in the country's history and he wants to clear mandate as he tries to change depend's pacifist constitution. a move that would probably make its asian neighbours nervous. he is betting that the timing of this snap election work in his favour. even though his approval ratings fell to less tha n though his approval ratings fell to less than 30% injuly, they are starting to recover. maybe voters wa nt starting to recover. maybe voters want a starting to recover. maybe voters wantafamiliar starting to recover. maybe voters want a familiar face starting to recover. maybe voters want a familiarface in starting to recover. maybe voters want a familiar

markets have reacted positively to the news that shinzo abe will serve another term as japan's primean trading session and japan's main stock market is now at a 21—year record high. mr abe is in the process of a landmark programme of economic reforms, but some experts say that these still need more time to come into effect. it will take a long time. structural transitions usually take a long time, because it has to be associated with societal context and associated with societal context and a lot of back—up from that arena. i think what shinzo abe is waiting for is continuous feel—good factor to flow in through the first two areas, particularly with the highest level of profit that these exporters making. that should be flowing in to increase wages, which hasn't happened. that's another reason why private consumption has not boomed. for the opposition, the whole party was saying they will tax more on cash reserves by the corporate, which is totally a reverse policy. what the government has to do is start inducing entrepreneurship. we have a lot of invention and innovation within the

japanese prime minister shinzo abe's ruling coalition is on course for a resounding victory in sunday'so exit polls. his party is set to win two thirds of the seats in the japanese parliament. mr abe called the snap election to strengthen his position in the face of the growing threat from north korea. 0ur correspondent rupert wingfield hayes is in tokyo. this will be his fourth term as by minister. his third consecutive term, and it will be almost certainly his last term as by minister, so he is very likely to use it to try and pursue his lifelong dream of reforming japan's post—war constitution. he is a right—wing nationalist, and he and his supporters see the pacifist constitution opposed onjapan by the united states as a deep humiliation. they want to get rid of that element, or at least change the pacifist element so that japan can become what he calls a normal country, with a normal military. it will be difficult. you need to get a two thirds vote in both houses of parliament, and he needs to win a referendum of the japanese people. but it does look like this is the best last chan