and thanks to john dawson in singapore.ve more on the territorial tensions after the break. we will look at how the growing war of words is weighing on the minds of investors. stay with us. newly causing people to change the fundamental views on growth in the region. something to keep an eye on. that could bring an impact on in theence and pricing th region. >> australia is so sensitive to any economic moves in china. we have the strong figures showing the industrial sector holding up. that is a positive sign for australia's commodity businesses. as youfident are you place your bets on those commodity-related companies? as you said, we are seeing somebody me in terms of growth in china. a little bit week so far this year with the manufacturing sector and to the many stimulus -- the mini stimulus. a lot of supply coming on from the large producers. that seems to be keeping that market well supplied? that is a significant driver of the sector within australia. and also the australian economy in terms of trade. we are pretty c

singapore under threat. cyberattacks on the rise. the question about the city's ability to defend itself. and an alternative view to the world cup. the beer championships put up some surprising results. >> look at the reaction, the hong kong market really jumping. the chinese market, the aussie dollar, that is reacting. gains.c that is half a percent difference with the strong reading of the manufacturing base. reaction tot is a pmi. the crucial figure to figure out is data. [indiscernible] china above the gain line. hong kong above the gamelan. and look at australia. those thanks to the pmi. data from china has been high on the agenda for our guests this morning. the economy is generally in good health. fairly broad-based improvement. there was a rebound in output. we saw a continued expansion in export orders and an acceleration in new orders in general. since the economy -- it seems the economy has turned the corner. there will be questions over the sustainability and the general strength of the recovery. >> richard gibb is mccour

singapore is marginally higher.ring reports of the united states and out of the eurozone as well. china numbers are out for a shortly. we will be looking at that as well. just ahead, news from the world cup. greece is winning in the price of a beer. greece's game is a must win or lose her last in this world cup. or a draw and they are on their way home. their big winners when it comes to the bar. why? the greek fan is able to buy 2.5 times as much beer as they would at home for the same money. reports are carried out annually in march and september. and the numbers are based on a ottle of 500 milliliters -- defense can drown their sorrows without feeling too ripped off. three brazilian beers for two english beers is what it costs. cheaper than buying a home. who is the big loser? ghana could be that because unless they can salvage a win against portugal on thursday, losing to the u.s. in their opener and a tie against mighty germany in the second leaves them with only one point. one beer does not come cheap. anaian

all right, singapore. it suffered several high-profile cyberattacks and its ability to fight them is now under threat. was impact their? let's get more from haslinda amin. this is one of asia's biggest financial hubs. >> it is a huge consents. cyber security skills across the world are at a huge demand. security poses a big challenge for singapore, the government is losing efforts to link public facilities as infrastructure for real-time data, but without enough people with security, we can't be intended that this is to act and respond to cyber threats. the number of cyber security professionals fell to 1200 last year from 1500 the year before. , standard chartered client data was stolen in singapore. , thatprior to that happened after he threatened to track down a group of hackers called anonymous. it had said it would attack government online portals, so that is the huge concern here. not enough people to fight the problem. >> how costly are the cyberattacks? >> it is costing governments a lot of money.

. >> we have john live in singapore and won ha, our bureau in singapore. >> a war of words, as you say it. in the hotel lobbies, a lot people talking, tense faces, whispering corners, delegates. but the u.s. defense secretary chuck hagel, in his speech about china's actions in the south china sea, he called it destabilizing and also promised japan's shinzo abe who does not welcome dangerous encounters, pla coldy chief of the the comments from chuck hagel as unacceptable. this beach was "full of words and threat and intimidation. '-- intimidation." he is obviously concerned about the words and the rhetoric being used. here are his words. >> we oppose military alliances flexing their muscles against third parties, resorting to threats or the use of force or seeking absolute security at the cost of the security of others. will never allow the fascist and militaristic aggression to stage a comeback. abe talked about how he will supply defense equipment to southeast asians to defend itself against china. within that, you have taiwan and vietnam. >> that's right, the war of words is a war on

it was singapore's first rally when it took place about five years ago. now the number has grown more than ten fold. >> and there's a real carnival-type atmosphere. thousands gathered in this small public park, the only place you can have celebrations and public gatherings like this. the fact is that gay sex remains illegal in singapore. >> this group with this teacher urged a campaign urging people not to take part in the pink dot event but to wear white to usher in the month of ramadan. it was publicly supported by christian groups, including this man, a pastor representing 10,000 in his flock. >> we do not believe the homosexual lifestyle in singapore, we just want to stand up for them. we're doing it in a circle of our own influence in our churches. >> reporter: authorities called for restraint on both sides but the debate highlights division in a country unapril customed to dissent and show as changing society where many different voices are now being heard. >> let's go to wimbledon and defending champion andy murray says he relishing the pressury. >

a belologger in singapore has k started by using coloradoed sources.e doubles as a political blogger writing about the ruling people's action party on his blog, the heart truths, a post on may 15th landed him in trouble after he wrote of possible government corruption. lawyers for the prime minister called his post defamatory and said that the blogger's subsequent apology and his offer of about $4,000 u.s. dollars in damages were both unsatisfactory, which meant that the case was headed to court. he then turned to his readers to fund his case, posting an appeal dollars. he met that target within just four days and the money is still pouring in. gnerng told the new york committee to protect journalists. the singapore government has used a blank et cover of fear and silence. i am greatly this has happened. >> a "new york times" journalist who published u.s. government secrets is one step closer to prison now that the country's highest court decided it will not hear his appeal against a ruling he must reveal the name of a confidential source. the supreme

. >>> singapore's prime minister wants the u.s. to help speed up talks aimed at reaching a regional free trade deal. lee hsien loong says a compromise between the u.s. and japan on farm tariffs is key to success of the trans-pacific partnership agreement. >> and i think there's a good chance of this happening this year. >> lee says reaching a deal mainly depends on whether members of the u.s. congress approve it. they do remain decided, though. lee wants the obama administration to work hard to win their support. now, the chief negotiators from the 12 tpp participating countries are planning to meet july 3rd in ottawa, canada. >>> many japanese companies in search of cheaper labor have shifted production to other asian nations. but rising wages and political unrest are raising concerns now. officials in okinawa are stepping in to provide an alternative. they're inviting firms to do business in the southern japanese islands chain and they're offering some pretty hefty incentives. nhk world's keiko aso reports. >> reporter: this mach

we are joined from singapore with the latest on mh 370. we are taking a break.ee hearing cofounder and the chief financial officer. >> a check on the market. the nikkei is up .5%. a better than expected reading of growth in the quarter. is's have a look at what happening in the index in singapore. there you have it. generally speaking, it is on the way out. was take a look at the pictures replicated in hong kong. you have the hang seng. you're better than expected export data and the hang seng is up by .5%. it is an anemic year to date performance. we have telecommunications companies. , this is the subject of the global outlook. to be smart about the country you are investing in. >> exactly. andave the telecom stocks we are up. that is relatively better than the benchmark. we have a gap. it is also relatively not as good as last year. we have them up nine percent and the telecom players in asia are proving to be a drag. you are looking at a tale of two stories here. you have the market leaders, like malaysia and indonesia. we are seeing carriers and more mature

someone in singapore thinks $2 million is fair. a lot of strong economic data . japanese gdp. report for the end of the month. china opened lower this morning. lucky 88.of by the kospi in a slight decline. australia is closed. [indiscernible] >> the city of karachi is tense where a night-long gun battle with heavily armed militants were third team people died before the army was able to regain control. after a long. history of violence entrenching. >> yeah. there was an attack on a military base there two years ago. this is considered the biggest attack since then. .t is hitting the heart of happenstance and the pakistani government. >> the economic heartland of pakistan essentially. well forsn't bode efforts to resolve a standoff with the taliban, if this proves to be the taliban. >> do we have any claims of responsibility? >> that haven't been any public claims of responsibility yet. there was some praise for the attack on a couple of telemanagement. it doesn't mean it is the taliban necessarily. i assume they have an idea who is behind this attack considering they have 10 b

dawson out of singapore covering that for us. thanks.ome other stories we are following for you now, t-mobile. 12% after a company raised its sales forecast, saying it is selling a minority stake in a gaming subsidiary. shares are down so far this year after an accusation of overstating revenue. japan, a company looking to expand in the u.s. through an acquisition. they will pay nearly $5 billion for rights in what would be the biggest takeover of an overseas firm by a japanese life insurer. they say a deal could be reached within days. and checking in this morning, right now daiichi life is down. steppingdent obama is up his fight against greenhouse gases with new regulations to be released later today. he is expected to propose cutting greenhouse gas emissions from u.s. power plants i up to 30% in the next years, and it will be measured against 2000 five levels. the proposals will be released by the u.s. environmental protection agency and will be flexible to allow individual states room to decide how the reductions are met. australia,

singapore will remain an option but okinawa could also become an important base for japanese companies. >> reporter: okinawa's government is also offering its array of economic benefits to foreign companies. officials are trying to persuade them to view these islands as their land of opportunity. >> and that's all for now on business news. i'll leave you with a check on markets. >>> militants have reportedly taken more than 60 women and girls in northern nigeria. officials suspect it is the work of boko haram. it took part in the areas worst affected by the group's increasing attacks. they raided the village of maiduguri. they then kidnapped the victims. in april members of boko haram took more than 200 schoolgirls. the united states and other countries sent experts to nigeria to help with rescue efforts but so far they have failed to find any of the girls. the militant group has staged a number of attack across the country. they are accused of setting off a bomb in a world cup soccer viewing site. more than 20 people died. boko haram members want to create a nation under their interpr

from singapore, france, canada and germany had satellites sent into orbit. prime minister narendra modi was there to witness the launch. >> reporter: india's new prime minister narendra modi was on site to wash the launch the -- watch the launch of the rocket carries satellites from a number of countries, france, germany, canada and singapore, having satellites on this, going into orbit, 660km from the earth's surface. this is a successful mission. it's not the first time they have launched foreign satellites. they've launched 40 in the past. the prime minister said in his speech after to the country and his government was so proud of the space programme that it was on the cutting edge of the industry that it was giving western countries like the u.s., russia and other europe - that had space programs a run for their money. increasingly foreigners are coming here to launch the satellite because it is so cost effective and reliable. the prime minister said that launching the mars mission here cost less than the making of the hood movie "gravity", a start lipp

. >> reporter: satellites from singapore, france, canada and germany were september in to or pit.e have this report from new dehli. india's new pram was on site to watch the launch of this rocket, which was carrying satellites from a number of countries. france, germany, canada, singapore all having satellite on this, which will go into orbit 650km from the earth's surface. this is a hugely successful mission for india, and it's not the first time that they launched foreign satellites, they've launched 40 in the past, but the prime minister says in a speech after that the country and his government was so proud of the space program that it was on the cutting edge of the industry. it was given in western countries like the u.s., russia and europe that has space projects a run for their money, foreigners are coming here to launch the satellite. because it is so cost effective and reliable. the prime minister said that launching their mars mission here actually cost less than the making of the holiday movie gravity. quite a start lipping bit of information, the space programme will e

let's head to singapore. who made the winning bid?en.one of the the only thing we know about the winning bidder is that his name. he is pretty mysterious. has a lot of money. he is almost a 2.2 million dollars to dine with buffet along with seven friends, mean not included. the amount was more than double last years. it was made with less than 10 minutes to go. this is the 15th year buffet is making himself available for lunch. a signature steakhouse in new york. it is all in the name of charity. withtempt to raise money an anti-apartheid organization. he has raised almost $18 million since the first ever auction and raised $25,000 in the record was set in 2012. paid $3.5ntified man million. this has drawn buffet admires to want to spend time with the man. ang, buffet trivia. ted weschler won a bid in 2010 and 2011. he later closed his son to work for richer have to wait. you just do not know where lunch would lead to. >> that is quite an expensive job interview over two years. apparently it paid off. maybe you are still on the list.

sri jegarajah is in singapore and joins us now.see you again. >> good to see you again, louisa. we got a strong lead from wall street and another new record high there. >> reporter: regional factors as well that helped the market and risk appetite in this part of the world. the focus is clearly on china. we got more targeted stimulus yesterday. that's benefiting some of the regional lenders. also, we got the inflation data on the cpi front. hotter than expect, both sequentially and an on-year basis. it won't necessarily constrain the pboc from deploying more stimulus into the system. economists have a base case scenario of more targeted, incremental easing in the third quarter of this year, to keep the economy on an even keel. so 1% pop for the shanghai composite. as i said, the focus will be squarely on the china data. on friday, we get industrial outputs, retail sales, fixed asset investment as well. that should guide direction not len i in greater china but the regional markets as a whole. it will give us a sense as to whether t

singapore, a quick check of the straits times industry yes, we are flat.of only four international operators in the mobile satellite services market. companyned the ailing around, returning it to revenue growth and he joins us exclusively from singapore. thank you very much indeed for joining us. us talk about the transformation that you have in this company. also, who buys satellite phones generally speaking? a lot of people by satellite phones. good morning. this is a company that had been struggling a little bit between 2007 and 2010. in 2011 a transformation program that has led to two years of growth. whole industry was down and were able to go against the tide. we have grown the company by 15% in 2013. the whole industry was down 4%. the focus on innovation, we have focused on making the industry and little bit more exciting. to usele that see need your phones, i suppose. who else? >> correct. we have different types of people who use them. first of all, they are government entities. those can range from middle -- from military government to civil go

is that the kind of thing that can happen in singapore but cannot happen in the u.s.?hat certainlyly happened. there was a guy who was delivering beer to ice fishermen up in minnesota. the faa said they had a cease and desist. they were in some other countries. is there an industry conference that you would recommend that people want to learn the most about the unmanned aerial services? where would they go? how much would they plan? >> i work for the nonprofit trade association. the manufacturers and the users of these systems. the 42 years has traditionally been the military and we are transitioning it to the commercial sector. if you need any more information, you can check us out. >> i want to thank you for , theng me, ben gielow association of unmanned vehicles international. us move on to the national security agency. in washingtonoke and took a special look at the national security agency and cyber security. she joins us now. today, you had the first ever interview with admiral mike rogers since he became the new director of the nsa. -- he offer any more case ins

there are three singapore banks on that list. have japanese banks among top performance on that list. >> what about the other groups of banks that did well as well? >> canadian banks are very strong indeed. among the top performers. three of the banks in the top 10 are canadian banks. that is quite encouraging as well. the middle east, qatar national rank fell to fifth strongest bank. , and asianada, qatar banks, singapore and hong kong really stand out of the crowd with regards to good, strong capital base. that is what we want to see again. rising, we need to have a strong retail base as opposed to an investor banking based business model. >> all right, thank you so much for that. had humbleer beginnings. we take a look at the humble beginnings of & bank and how it made it to where it is today. you can read about the world strongest banks in the july edition of bloomberg rising. up next, -- bloomberg magazine. a special report into claims of modern-day slavery. >> their critical crisis in thailand has caused investors to stairw

let's go to our chief business correspondent linda yu joining us from singapore.ery clearly made there by the chinese authorities to put economic progress ahead of any sort of political reform. >>. >> yes, very much so. back in 1989, that was in the first decade when china started to open. and i think in that first decade, there was some belief that reform and opening as it was put forward would the include not just economic reform but also other types of reform, namely political but i think the massacre there on that day, those coup col of days in that square showed that the chinese government didn't intend for reform and opening to extend to all parts of society. they really meant just in terms of the economics. and i think that's a lesson that was pretty hard learned by the chinese students that day. >> but the economy now 25 years later having raged ahead is slowing down. the big question is this going to be a hard or soft landing? >> yeah, the economy is slowing down and i think one of the challenging things for the chinese economy over the next few decades i

millionaires making up seventeen point five percent of all households followed by switzerland and singapore. the u.s. ranked toast in terms of total number of millionaire households with seven point one million followed by china with two point four million the amount of medium as a rose in china by eighty two percent from the previous year and now almost double the amount in japan the number of households whose wealth exceeds while median and russia has grown by daily affairs which means that russia is now right the world wide in terms of the number of me in a household and it comes to all that per household the report showed that russia ranks fifth of the world overall the world's wealth grew by fifteen percent to one hundred fifty two trillion dollars a wall that may be more million as an available for the metal industry often are a fraction of the real economy is still slumping global still while the problem is overcapacity has doubled it's doubled its capacity since two thousand and one due to slumping dumon despite warnings from industrial insiders production continues to grow at an av

millionaires making up seventeen point five percent of all households followed by switzerland and singapore. the u.s. ranked toast in terms of total number of millionaire households with seven point one million followed by china with two point four million the amount of media mez rose in china by eighty two percent from the previous year and now almost double the amount in japan the number of households whose wealth exceeds while million in russia has grown by daily affairs which means russia is now right the world wide in terms of the number of made a household but it comes to all that per household the report showed that russia ranks fifth of the world overall the world's wealth grew by fifteen percent to one hundred fifty two trillion dollars a wall there may be more million as and ever before the metal industry often are a fraction of the real economy is still slumping global still while the problem is overcapacity has doubled it's doubled its capacity since two thousand and one due to slumping dumon despite warnings from industrial insiders production continues to grow at an average ra

. >> after decades of war, the government wants to rival singapore.commercial purposes. as a result in recent months, entire streets of traditional houses have been flattened resulting in this. >> luxury high-rise hotels have come up like these already mushrooming in the city. on slave island, here the modest flat of people evicted from slave island like he and his family displaced years ago. he says it's nice old maybes have moved here. they have no payment for their old house. only a small sum towards rent. some human rights campaigners say people are unwillingly forced out. the urban development authority is run by the defense ministry. people do seem to fear protesting. authorities say the move from houses to flats is a natural one. >> the second generation people get use to that situation. it happens in vietnam, happened in singapore. microphone other countries. this is normal social period. >> in a move, the sector has promised to build flats for locals where old houses were next to the new luxury blocks. that will help to keep something they tr

what is happening in singapore? is the china connection, anyway -- in a way, but i think they will come back. the best capitalized banks in asia. the singaporean economy is small-scale, so they have to escape the shackles of that economy in china is the answer for these banks also. >> they want to look at regional expansion in a way that is more important than hang seng. really good to see you. thank you. is accused of modern-day slavery with thousands held against their will. we have a special report. ♪ >> thailand's military rulers are denying claims that it is forcing migrant workers to go home. since seizing power, tens of thousands of people, mainly cambodians, have left the country. they say the accusations are groundless, no order was given to expel cambodians or other laborers from neighboring countries. they claimed that many workers are returning home for the harvesting seasons. that allegations are just rumors . so her claims of their being mistreated -- so are claims of their being mistreated. human righ

a man in singapore bid all of that money with warren buffet and seven guests. it is part of a fundraiser with glide memorial church from san francisco. all of the money goes to feed people and house the homeless and children and maintain programs to prevent violence. fabulous. the event raises a ton of money. >> a buffer zone for bikes, but does it really work? >> dan noyes puts the new three-feet law to the test tonight. >> it is meant to protect them safe. but is 36 inches enough and can police even enforce the law? i road some of the busiest streets on a bike to see how hard it is to keep that distance. >> and the skinny shirts that are causing a big fat problem for a popular maternity line. >> and the decade's old promise from a son to his father. the birthday present that brought this dad to tears. >> thanks. here is some of the magic that is waiting for you after the news. >> if you are the hamster in the wheel here, guillermo. things on purpose? youe not a color found nature. there's nothing wrong with tha. i can hear your arteries clogging. ok. no. this

. >> reporter: the head of singapore navy has been afforded a guard of honor on his visit to new delit to india comes as part of the annual joint exercises in their 21st year. the welcome the admiral received is a mark of the strengthening relationship between india and singapore and exercises first started as antisubmarine war far and expanded to war craft and surface simulations. sprain prime minister called an emergency cabinet meeting to discuss the country's monarch and asked their king advocated and will draw up a law to clear the throne for phillipe to be king and says he represents stability for the country and monday tens of thousands of people took to streets and calling for referendum if it should be a republic. they are trying a new curriculum in schools trying to stop its people becoming radical and the faces blamed on al-shabab. >> reporter: young minds land at one of many informal islam schools in this neighborhood. but a series of grenade and bomb attacks across the country caused tension here. community leaders accuse the police of targeting muslims in an on going sec

look at singapore slowing. the expectations were tremendous, hot start, now slowing as well. so dr. j., what do you make of the singapore news, the macao disappointment, relatively speaking, up almost 10%, but below expectations. >> and i think you guys are putting it in perspective. but it was up nearly 10%, as you say. it's up 15.8% from the beginning of the year through now. in other words, first five months of the year. so i think if you take a look at that, any operator would love to have that. to his point, and he's right, talking about getting it through, and the lawmakers in the autumn of this year. even if that happens, how many years before they have a casino to compete against what is, as you said, the mecca of gambling out there? i think it's too early to throw them out. i would say on a significant pullback, you buy this. >> well, and speaking of risk, our next guest says, now be the time to roll the ties in your portfol portfolio. and we're not talking gambling, or maybe we are, taking big bets at least at this point. you think it's time to add risk? >> definitely. wha

that was sort of the last chapter ending my youth and time to move on and acquired is job at the singapore airlines that started my interest in the joufrm industry but i was 18 and this type of work was not right so i ended that as well. i was jobless and definitely on my own in the big city at the 19 paying my own bills and rent it was definitely not easy to not rely on my parents i had to work in school so i applied to numerous different places and not getting the feedback and wasn't sure what ivories doing wrong and not hearing back if the employers i was going through a transition in life growing up and facing reality it was a tough period struggling with money and issues with the family so after that my friend bree white posted an ad working with starbucks in 2012 and that they were hiring from numerous starbucks locations around the city so i applied through match bridge and was given a call back about two days after i headed down to the headquarter and had an interview. that experience of just thinking back on it was an amazing thing to reflect back on i got the job at the hotel neg

these contracts will be with a singapore employment company that will rent the pilots to n.a.i. although it seeks to become an irish airline, it appears that n.a.i. will not be operating air transportation services from ireland. this raises the question about how regulatory oversight of n.a.i.'s operations will be conducted. the united states has the highest, most competitive airline industry in the world. the safest regulations. so i hope that we will adopt this defazio-westmoreland amendment and i yield back. mr. defazio: with that i would yield back the balance of our time. the chair: the gentleman from oregon yields back. for what purpose does the gentlewoman from texas rise? mr. defazio: the amendment is ccepted? the chair: does any member wish to be heard on this amendment? the gentleman from iowa. mr. latham: i'm going to accept the amendment but i just want to make it clear that this really states the obvious. that basically you're saying approve an't something that contravenes u.s. law or article 17 of the air transport agreement. so it's obviously stating what is alrea

in february, the captured singapore and over 80,000 british, australian, and indian troops as prisoners of war. that same month, the destroyer was sunk in the first attack on australian territory. more than 10ime, japanese submarines operated with impunity off the west coast of the united states ranging from alaska to baja. they sank over 10 vessels, some being torpedoed within sight of los angeles, santa barbara, san diego, and santa monica. in february, japanese submarines shelled california near santa barbara causing an invasion scare along the west coast. at home, the war came home to tin,amilies as oil, rubber, gasoline, tobacco, and foodstuffs were severely rationed. inthe battle of coral sea march, lexington was sunk at yorktown and several ships severely damaged. yorktown returned to sea patch together in a herculean effort at pearl harbor shipyard. in the midst of so many losses, it is no wonder president roosevelt became frustrated with the lack of any naval victories. in the month of february of 1942, he ordered the secretary of the navy to hold a special selection board to i

a man in singapore bid all of that money with warren buffet and seven guests. it is part of a fundraiser with glide memorial church from san francisco. all of the money goes to feed people and house the homeless and children and maintain programs to prevent violence. fabulous. the event raises a ton of money. >> a buffer zone for bikes, but does it really work? >> dan noyes puts the new three-feet law to the test tonight. >> it is meant to protect them safe. but is 36 inches enough and can police even enforce the law? i road some of the busiest streets on a bike to see how hard it is to keep that distance. >> and the skinny shirts that are causing a big fat problem for a popular maternity line. >> and the decade's old promise from a son to his father. the birthday present that brought this dad to tears. >> thanks. here is some of the magic that is waiting for you after the news. >> if you are the hamster in the wheel here, guillermo. >>> three feet. under a new law that is how far away a car must stay away from a cyclist. >> it will be difficult to enforce in o

. >> the live pictures of the asian security summit in singapore. that is 24 hours ago. chuck hagel complained about china. >>> well, a journalist and analyst in chinese affairs joins us live from beijing. thank you for being with us. what can we read into the response by china? >> well, it was a typical summary of suite talk, noble intentions, and empty slogans that were fashionable until the olympic games. at that time it was china's peaceful rise and development. it can be repeated. peaceful development. rise in cooperation, security. china's role in u.n. peace activities, and he didn't mention one flash point, particularly close with the philippines, and the crisis with japan. yes, it's all - well, more addressed to a domestic audience than to the world. the world cannot take this seriously, or at least not as the full picture. >> i mean, to hear you say the world cannot be taking it seriously. at the moment this appears to be a diplomatic spat, as i think you are saying. how likely is this that this could escalate into actions or military movering? >> well, you know

you could see major corporations not so dissimilar to what happens in singapore or bermuda, set up shope abandoned properties belong to nobody. the best thing detroit could want for is for the villages to set up shop and bring thousands of people. >> detroit, there are a lot of other cities in the u.s. that could use some help. >> well, i think the idea they proposed specifically is not good. i think the one that jonathan is talking about is very good if you make it an economic free zone, but if you don't have a selfish reason to be this detro detroit, then none of it's going to work. it would have to be selfishly economic to be there. >> ten seconds. >> i think the rich are coming. you watch the japanese, they're buying property in new york, one final thought, michelle never has to pay for dinner at those steak houses. >> that's true. we're going to have to leave it there. thanks for joining us this week. coming up, bergdahl now back in the u.s. >>> next week and wayne, you're up first. >> well, i'm looking still at some of these. we've got a lot of low interest rating. i'm looking for

a writer and fellow of the school of international studies in singapore >>> three al jazeera staff detained in egypt go on trial again later on sunday. still ahead - we take a look at problems faced by media in the country. why graduates in bangladesh are less likely to find jobs than people without top qualifications. >>> welcome back. the stop stories here on al jazeera. a u.s. soldier has been flown to hospital after beingersed by taliban fighters. the sergeant was freed after five years in a deal brokered by qatar, in exchange for five taliban detainees in guantanamo bay. china described the u.s. defence secretary's remarks, accusing beijing of destabilizing the south as groundless. a sudanese official said a woman sentenced to dats for abandoning israel may be released soon. the case has caused on international outcry. >>> more on the release of sold yerts sergeant bowe bergdahl. allen schauffler is in his home state of idaho, and he says people there have never forgotten him. >> reporter: captain american soldier bowe bergdahl may have fallen off the radar screens for a lot of america