♪ ♪ >>> an annual parade in singapore.nted on a float, the figure of an elderly man honors the hard work of seniors who have devoted their lives to the building of singapore, marking the 50th anniversary of the country's independence. next year more than 14% of singapore's entire population will be over the age of 65. with a birthrate of just 1.19%, the nation urgently needs to build a new social system. singapore's first prime minister, lee kwan yew, the country's loved and respected founding father once said, if the mind set is that when i reach retirement age 62 i'm old, i can't work smi moany more, i have to work, i'll just sit back, now is the time i'll enjoy life, i think you're making the biggest mistake of your life. with government support, the elderly have started going back to work, as if to take lee's message to heart. >> woo! >> you must work. no work, no money. ♪ >> in this episode of asia insight, we explore the finances of elderly singaporeans who are urged to return to the workforce. singapore boasts asia'

at the singapore airlines training center.will speak to the ceo of singapore airlines on its strategy and how it is shaping up to position the carrier for the future. ♪ angie: it is 7:30 here in hong kong. but right now it is 9:30 in sydney with a live look at the sydney opera house. let's see if australia can continue its gains after snapping three days of declines yesterday. from the minutes away opening of trading there and japan and south korea. you are watching "first up." the top stories this hour. the fed has signaled a pickup in the u.s. economy is keeping it on track to raise interest rates later this year. after wednesday's fomc meeting, -- janetling said yellen says gradual tightening will happen. she also said she anticipates conditions could support a rate rise in 2015 but there should not be too much focus on the first hike. singapore airlines says it wants to restart direct flights to the u.s. after stopping them two years ago. speaking exclusively to says fia --he ceo sia is in talks with airbus and boeing to d

singapore. to help prepare myself for a trip there next week as a guest of the national university of singapore i asked the country's deputy prime minister what he regarded as the country's biggest success. i imagined he would talk about economics since the city state's per capita gdp now outstrips of that america, japan or hong kong. he spoke with harmony. the island expelled from malaysia had a population of my grants with myriad religions, cultures and belief systems. what's unique about singapore are our social strategies. we respected people's differences yet melded a nation and made advantage out of diversity. he explained innen a interview echoing remarks he made the a a symposium last month in switzerland. how did singapore do it? by mandating ethnic diversity in its neighborhoods. 80% of them live in public housing. every block, precinct and enclave has ethnic quotas. this is what people mean when they talk about singapore's nanny state. they readily admit it. the most intrusive social

singapore. to help prepare myself for a trip there next week i asked the country's deputy prime minister what he regarded as the country's biggest success. imaged that he would talk about economics since the city state's per capita gdp now outstrips that of america, japan or hong kong. he spoke instead about social harmony. we were a nation that was not meant to be he said. the island expelled from the nation in 1965 had a population of migrants with a myriad of religions and cultural belief systems. more than economics, our social strategies. we respected people's differences, yet made a vantage out of diversity he explained in an interview. how did singapore do it? by mandating ethnic diversity in all of its neighborhoods. over 80% live in public housing. every block has ethnic quotas. this is what people mean when they talk about singapore's nanny state. the most intrusive social policy in singapore has turned out to be the most important he says. people do everyday things together become com

the nikkei down, hang seng and singapore to the upside. europe next action as well but mostly the downside at this point in trading. over there is the cac index in france down two tenths of a percent. here at home u.s. stock index futures up across the board ahead of the big data center reserve and in this afternoon. press conference by jimmy guillen. the world will be watching. the federal government looking into allegations the cardinals tacked its databases at the houston astros. investigators tell "the new york times" that private areas were compromised including proprietary statistics and scouting reports. this would be the first instance of corporate espionage between two sports teams. major league baseball cooperating with investigators from the fbi and justice department. last night sports action the border sportier way for an nba title is over. they have a chance after beating cleveland 105 to 97. the warrior andre was named mvp. he and seth curry scored 25 points each. cleveland cavaliers got as close as eight points before warri

coming up, the singapore air is to reclaim the longestitle from the flight from singapore to new yorknd we will also show you the longest flights currently available. pimm: and california courts decided yesterday that uber drivers are employees and not independent contractors. we will also look at a separate suit in boston. scarlet: and janet yellen urged investors not to focus on when the central bank raises rates but instead at future increases. with matt miller spoke merk investments about janet yellen's comment yesterday. >> i think the term coming out of yesterday's meeting was watchful waiting. there is the thought that a september high could happen. they probably could hike that this year, but they gave no indication that it could be september. matt: is her plea that they are data dependent at odds with the implicit promise that they will raise rates a tiny little bit sometime this year? richard: they want to have it those ways, they want to stay independent, but they want to guide the bond market. we need to get used to this. it is going to be a little messy. as wet: over to y

the great model is singapore, where you get a high level of security you get great technology and you get a friendliness. it's all fast and efficient, we should outsource from singapore. >> well john the great thing about a private sector solution to this is that the market would decide what americans want. i mean the market could change if they want something like israel or if they want something like singapore or something in between, the market would provide it. >> yeah absolutely. markets make mistakes all the time. the big difference relative to government is market mistakes are starved, and then we go onto something that works better. and imagine the different airlines competing to figure out the best way to do it. there's no incentive to let criminals through because people use the the airport and use the airline. but let the private entities compete with government. we know they're making mistakes. the problem is we know they're being perpetuated with more and more taxpayer dollars. >> steve, we argued for a private answer to this a long time ago. when they were setting up tsa

at the open in singapore and taipei.hat has been the story of the monday session in japan as well as south korea. down .2% in paris shares continue to be walked in the light -- watched in the light of mers. australia taking a stake of a network that might go out of business. immodest move to the downside, .25%. a modest move to the downside, .25% brussels having a clear impact on the currency market with the euro trading lower. level against the u.s. dollar. the dollar/yen looks like this with the yen moving as part of the commodity complex today, crude oil extending the decline and precious metals rallying which is what we see when there is concern in the market. precious metals tend to do better. gain andfter a weekly loss, chinese investors are taking to the streets in beijing and hong kong as they protest an alleged scam. lisa a nearly 30,000 people were robbed of more than $1 billion. stephen engle joins us for more. take us through what is happening. yuan arebillions of flooding out of china into global markets, re

anchor: singapore airlines says it wants nonstop flights to the united states.a almond spoke -- has linda spoke exclusively -- haslinda spoke extensively. >> all the economies in southeast asia are still open, especially singapore. which is fine with us. we have no issue with competition. also see in southeast asia there is a proliferation of the lcc operations, which is not quite at a pace that you see in on asia. the two fundamental changes [indiscernible] have been especially felt in this part of the world. are the glory days of double-digit profit margins over? >> i don't think so. what we have done in positioning the company for the future is precisely to ensure that this company has a good growth story going forward. so based -- the star a -- so vistara based in india will have a chance to grow. on thea: i want to touch u.s. market. is disadvantage because he cannot fly directly. so you are in talks with boeing on possibly a new model that will enable you to do that. is lack of reason viable intermediate points, and that's largely because the countries con

. >> singapore 2002, 6.5 tons of ivory seized. the largest in the country's history.re did ivoryiage from. authorities send samples to the lab for analysis. >> right now from anywhere in africa we can assign a sue sure of ivory closer than 300 kilometers from where it came from. >> they get to work. the first step is to prepare the samples of seized ivory. >> we cut off a piece of ivory and then we stick that piece inside inside the plastic tube. we drop that in liquid nitrogen, which cools it, so extremely cold, within three minutes it comes out like baby powder. >> it's pulverized. >> it preserves the dna at the same time. that was one of the biggest breakthroughs from our lab. >> the ivory seized in singapore is extracted and treated in singapore this map has been generate bid dna taken from another source. rich in elephant dna. >> i'm holding a tray of elephant. not exactly something you would associate as a tool for fighting inter national crime but these sample provide critical pieces of data for creating a genetic map for elephants across africa. >> conservatio

chief economist at the bank of senate -- singapore, what is going to be moving markets? : we have been a couple weeks away from default or months. -- four months. do think ecb coming in and offering a little bit of reprieve or greek banks is a good sign? : ecb is in a whole. they can't trigger a crisis. bullock at the numbers. they are arguing about 1.5 euros on the deficit. ecb lopp them another -- lobbied them another 3 billion euros. angie: at the end today, is this

it also plans to develop outside singapore to give it a broader network connectivity. case in point, india, has gone into a joint venture with

. >> singapore 2002. 6 and a half tons of ivory seized. the largest in the country's history. roughly 650 elephants were killed for this haul of ivory. but where in africa did the ivory originate from? they assume this much ivory must come from multiple sources. authorities send the sample to wasser's lab for analysis. >> right now from anywhere in africa we can assign a seizure of ivory closer than 300 kilometers to where it came. >> wasser and his team get to work. the first step is to prepare samples of seized ivory. >> we cut off a piece of the ivory, and then we stick that piece inside a plastic tube with a magnet and stainless steel plugs on the end we drop that it in liquid nitrogen which cools it to minus 240 degrees celsius. so extremely cold. within 3 minutes it comes out like baby powder. >> so it actually just pulverizes it? it pulverizes the ivory and it preserves the dna at the same time. that was one of the biggest breakthroughs of our lab. >> the elephant dna from the ivory powder seized in singapore is extracted and analyzed in wasser's lab. the dna from the t

japan, hong kong and singapore all have higher. as it finds a euro. stocks now heading out. look at those games. more than 2%, nearly 3% on attacks in germany. stock futures are showing optimism as well. the greek day dl, get this mess behind us and we can move on to a better economy here, darren everywhere. maybe not so much. we will get you some fresh housing numbers today they could show you the impact of rising mortgage rates. lauren has that story. lauren: at 10:00 a.m. eastern arab part of previously owned homes expected to rise 5.26 million sold. but the largest part of existing home sales. they been like a new home sales recently. watch for the higher mortgage rates over 2.3% this morning. dagen: mortgage rates topped 4%. lauren: highest of the entire year. dagen: massive amounts as well. a search for the farmer bartosh s. have ended a period new mexico police say his body was discovered late yesterday. he went on a solo mountain hike on june 13th and never returned. his body was found a mile from the base of the europe canyon trail. funeral services held this week f

. >> after i weather it here, i want to find a job in singapore, because singapore is very famous fore. so i can go there for charitable agency and also for hotel. >> my dream is to go to canada for study and after i want to -- >> i would like to work in the sphere of arts and computer science. something integrated. this is my dream. ♪ >> it's ruby's day off, and she decides to head into town. it's the first time since she arrived that she's been to the local market alone. at a cafe, she suddenly approaches a security guard. >> i want to, i want to meet the staff in here. is that yes? thank you. good evening. i'm ruby from vietnam. i came here in the philippines to study english. so what, in your case, compare english? >> i think it's balanced, you know, if i don't know what is english i will use -- when there are some words or terms that i cannot understand i used to use english, i prefer english. >> you prefer english. >> how important english is. what do you think about english? >> english is an important language because english is more, you can, you can communicate with other peo

singapore and malaysia, trading higher.er. another currency you need to be watching out for. let's look at the movers in hong kong. of communications continuing to lead on the upside, 2% gain. lenovo moving. china mobile up 1%. look at china overseas. china resources power has been a big mover to the downside for the past two days. let's check in on tokyo. the indexes lower. the bank of japan governor backtracked on his comments last week. tokyo electric is down nearly 3%. watch that. nickel extending losses. oil around $60 a barrel. on goldkeep a close eye as greece tries to sort it situation out. that's having it impact on the japanese currency today. rishaad: japanese stocks gaining. theowing list of evidence external environment remains challenging. turnaround taking place in tokyo. back to the data. let's start with imports. imports andlue of as sports. -- imports and exports. drop, and it has fallen consistently for a year and a half now. currency dishes the import demand to the left. the trade deficit in the middle. it is three times the figure back in april. in dollar

citizenship and moved to singapore and taxes are lower there.huck schumer was so upset he is proposing a of a special expatriate act to bar them from ever returning to the united states. >> tissue repair a proper understanding of the economy works he would see him as an american hero so liquid he did to shield his wealth from the al stretched hands of politicians. those dollars go into a bank and immediately go out to people who need to we should or small business loan or the stock market when we legally shield our wealth and the federal government is the media be redistributed to those who need it is a good thing. >> if you are in singapore the money is in the bank. john: he invested in technology and airport rental starts up. >> kick creates wealth always just like a u.s. bank does not stair lovingly but there are no jobs so when the shield the wealth make gets into the hands of those that are not wait -- rich. john: but if it goes to singapore is lost to america spirit that is a misunderstanding i want to find of bank that pays for deposits a

also from japan and australia, singapore. widespread.st year, we cosponsored a about the internet of things, and the statistics came out that asia is leading the world in adoption of internet of things applications. rishaad: thank you so much for there ins singapore. >> stories making headlines around the world, the philippines president describes rising tensions in asia as an ac echo. speaking to lawmakers, he says beijing's claim to islands in the south china sea is increasingly threatening trade and security. beijing dismissed the comments as absurd and unreasonable but the president said asia must stand up to china. >> the purpose -- the prosperity asiaritime in southeast which relies greatly on the free s.vement of goods and people' >> ukraine says pro-russia rebels have launched a defensive in the east, phyletic and already-shaky truce. fighting broke out, reportedly involving heavy artillery. the clashes have continued under the cease-fire signed in february in minsk. nato says russian forces are directly involved in the 15 month-

singapore is up just a fraction of a percent.kei a big winner up nearly a fraction of a percent. shanghai fell nearly 6% and is now in correction mode. in europe stocks also trading to the upside. the ftse, the cac and the dax all higher. u.s. stock futures here at home pointing to higher open here on wall street. building on earlier gains dow futures up 24 points as we head into the trading day. turning to sports and u.s. open. it was a rough first round for tiger woods who hasn't won a major title since he won the u.s. open seven years ago. he finished tied for 152nd out of 156 players, shooting 10 over 80. beaten by a 15-year-old by the way. the fourth highest score of his professional career. 15 shots behind the leader dustin johnson and henrik stenson. they finished five under. defending champ martin kaymer. watch the u.s. open on fox and fox sports 1. a lot of people watching this one. >>> in baseball, alex rodriguez is one hit away from 3,000 for his career. he collected two hits from miami. carlos belton put the yankees a

hong kong and singapore time. ♪ angie: torrential rain.is what has been greeting us for the last 2 days in hong kong. making landfall over the eastern coast. it is sharing some of the rainstorm with us. it is 7:30 a.m. here in hong kong. mobile, andon your online, you are watching "first up." angie: the top stories. greece has been told it must be due to satisfy its creditors. emergency meetings in brussels discussing proposals failed to produce a breakthrough. greek stocks and bonds surged monday as though prime minister alexis tsipras announced new proposals. it was later watered down. a survey found chinese companies are doing better than official data show. that china-based book saturday economy saw broad-based recovery. off if --oubts remain of if the premier's can meet the 7% -- takata tried to save money. the airbags killed at least eight people and injured more than 100. the issue has led to the biggest product recall in history. let's check in all markets this morning as investors seem to be optimistic about a potential deal with

chief economist at the bank of senate -- singapore, what is going to be moving markets?we have been a couple weeks away from default or months. -- four months. do think ecb coming in and offering a little bit of reprieve or greek banks is a good sign? : ecb is in a whole. they can't trigger a crisis. bullock at the numbers. they are arguing about 1.5 euros on the deficit. ecb lopp them another -- lobbied them another 3 billion euros. angie: at the end today, is this political posturing? or is it economic reality? ard: it is about the principles of economic reform. the money is a small difference. angie: more of a symbol. in order to have a sustainable path to the economy, you can't be reliant on european support. it is more the basis of how you manage your economy. the greeks are saying, we want to run it the way we want. europeans are saying, then off you go. angie: what is the contagion on asia markets? : first we look for the contagion in europe. that is where it began. this time, there has not been much contagion, because the economies improved somewhat in the past t

another market i'm excited about is the singapore market.ional investor who comes to asia once to buy in singapore. investing stock is tightening so it tends to be when we do put an asset to the market, there is a frenzy of bidding because everyone wants a slab of they are at 60% of where they were in two dozen seven. -- 2007. angie: thank you for joining us. next on "firstup," could a see a southlar deal korea company become one of the biggest in years? that is coming up. ♪ angie: welcome to the stock exchange. we're taking a look ahead to the opens of australia. it is an intensifying rivalry. i am not even looking at them now. there is no love now. it has been hard to last couple of weeks. [laughter] watching a stock in australia. it was announcement friday it will be included in the gold-mining index. share price shot up yesterday 4%. it basically is one of the three asx 200. the yvonne: i cannot even say this 1 this is the company that supports to pans manufacturing industry are one -- metal and plastic products. for my prototype to mass

>> because the merline in singapore projectile vomits water. so you see if you can get anyone to join in taking some merline in the face. >> yeah! the final one he goes for is the caroline wave. everyone does the wave. yeah! see, magic, i'm playing the bongos i look like an idiot. >> well you do that anyway. >>> he can't base jump in national park. jonathan with his video wants to change that. see why, next "right this minute." >>> and still to come one cool video. >> he attached the flairs to the skates of these ice skaters and told them go do some fun stuff. >> see why this performance is the perfect mix. >>> plus -- the bizarre thing that's got this cat petrified. >> i feel like it's seeing dead people right now heart health. you watch your diet, excercise... and may take an omega-3 supplement, such as fish oil. bubut t whwhenen i it t cocomemes s to omega-3s, it's the epa and dha ththatat r reaealllly y mamatttterer for heart health. nonot t alall l omomegega-a-3 3 susupppplements are the same. inintrtrododucucining g babayeyer r pro ultra

he echoed some of that rhetoric at singapore but did offer a more conciliatory tone.ountries are at an impasse. china says it is their territory and no one can tell them what to do and they are building rapidly. angie: any shift in u.s. policy here? andrew: i don't think so. i think we are seeing, given the pace of the chinese construction, the u.s. says they now have 2000 acres reclaimed but most of that was done in the last six months area they have really accelerated. there have been signs that there is some weaponry going in. angie: nervous, and no doubt china has to answer these calls. this is a regional conference. you've got a number of neighboring nations calling on china to stop this aggression. how did china react to this? andrew: they said that no one was going to tell them what to do. they claim most of the territory based primarily on this map that was a pre-communist amount from the 1940's, kind of interesting, they do say they want to resolve it. they do acknowledge, at least with rhetoric, that there are differences as to the claims. they insist that a

positive trading the hang seng in singapore up a full percent. in europe, watching stocks after a very volatile day yesterday. all trending to the downside. kerry makes global market action we see at this hour. look at u.s. stock index futures for an idea of what things look at a few hours from now. dow futures up 47 points. joining us now is mike ingram, market analyst at bcg markets. might come in thank you for joining us. can you give us some color as they kick off the trading day here in the u.s. what have you seen so far as trading and concern in the wake of continued inside of greece and the trading day there in london. >> it is very edgy this morning. investors ran into the space first yesterday morning. so it's a massive fall obviously yesterday. this has continued into some form today with heavy trading volume to clients not of the same magnitude yesterday and periphery that in europe. it is still heading south as we talk for right now. of course it remains very sensitive to the statements from the ecb. obviously the imf in focus today.

for more we are joined with world famous investor jim rogers, from singapore. after the terrible day monday where stocks loft 1.5 trillion the markets in hong kong and japan is up. shanghai is down tuesday, in your part of the world. what do you think will happen in europe and the u.s.? >> this week will be time utilitiuous, stocks will go round. they have been making highs in many markets. it's not like we don't deserve something like this. we are overdue for it. >> you have said that greece somehow default, get it over with and start or. doesn't that threaten the stability of europe. is there a danger of a dom nino effect with other debt-laden countries. . >> what has been going on for the past five years, they threaten it every year and month. you solve the problem or push it down the road and when it comes back you have the same problem. you have to solve the problem, or the problem continues to get worse. >> how do you solve it? >> you let them go bankrupt and re-organise. they made bad mistakes spent money they didn't have someone leant money they didn't

we are looking up in a cake, they hang sang in singapore. make straight in action after we set significant selloff in the asian markets yesterday. continuing into europe we've got a raise in the green. the ftse, the cac and the taxol higher. we've been seeing some trading in the overnight session. those two pointed to higher open on wall street this morning. everybody's talking about it. the chaos in the bond market. the 10 year yield. having 2.47%. obviously 2.5% is a big round number that everybody's been watching there. the yield is quite moving to the upside as the world anticipate the central bank raising interest rates. will it be said amber or next year or 2016. now turning to sports. they're getting excited in cleveland. lebron had another big night as the cavs took a two to one lead in the finals. a rats start returning to get the warriors to a point late in the game. 27 points. in the end, james and the cavaliers were too much for the warriors winning the game 96 to 91. game four is tomorrow night. in baseball, history was made at

the nikkei in singapore and expand in singapore and expand, hang seng to the upside.n stocks are traded like this. the cac down, dacs in germany in correction mode down 10% for recent highs continues to sell off in today's session and there you have it. the dow futures up a point slightly positive. lots of mixed trading as we await more news on the economy to come and globally. the g-7 summit happen later today in the apple conference with a lot going on. anything could change in the next few hours before the opening bell on wall street. general electric to sell its lending unit to canada's biggest pension fund. "the wall street journal" says ge in the canada pension fund investment board are aiming to sign the agreement later today. the deal would include more than $10 billion but less than the units $15 billion. this comes two months after ge announced its plans to have $200 billion. as it focuses on industrial goods. a shakeout that deutsche bank is sending shares slightly higher in european trading. everybody has been watching the story of hold over the weekend. g

look at singapore. singapore is a tiny little place. it has really nothing no resources to speak of. but today when you travel to singapore, it is as prosperous as anyplace in the world. why is that? part of it is that it is said that a set of systems where businesses were started or investors came in, day news that they could find a very skilled workforce. they knew that the rules for international standard rules in terms of operations. so it will take some time for myanmar to move in that direction. but you don't have to let to the united states. you can look at some of your neighbors to see what is required for success and what the united states will do is to provide technical assistance and will also try to provide direct assistance particularly around building skills and education because one of the keys is to make sure you have a work force that can add value. in the age of the internet, companies can locate anywhere. the most important thing is to find someplace where there is security so there is no conflict, where there is rule

that is despite gaming destinations like macau and singapore taking a hit in earnings much officials want to attract classes and high flyers. this is our meaningful contribution to the efforts of the philippines to elevate the tourism industry as one of the main engines of economic growth and as you pointed out, the employment. permanent jobs. >> there are five resorts planned all in all, and the government estimates 302340,000 will be deployed by them. >> officials are counting on indirect employment as a result of the casino security guard, anned, taxi drivers. around 100,000 will be created around the gaming industry. richard has been ferrying passengers along the treats. the pedy gab is all he has, he and the family of six take turns sleeping in it. he is not allowed to get close to it. >> translation: business is actually slower now. i earn less and there's more competition. >> like other filipinos, he feels the city of dreams is out of reach. the economy might be going, so, too, is the number of people. the income gap is only widening and though visitors are courted. many feel

hong kong and singapore, some of the poorest regions on earth, 50 years ago two with of the wealthiest. john: fifty years -- >> bingo. if every place on earth was as free as hong kong and singapore, there would be no more poverty on earth. john: we know what works, but the politicians and these young people won't do it. >> and i would say many of the professors. john: many of the professors. we'll have one on shortly. thank you, michael. >>> next, some say american capitalism succeeded on the backs of slaves. but is that the truth? ♪ ♪ [ male announcer ] ours was the first modern airliner, revolutionary by every standard. and that became our passion. to always build something better, airplanes that fly cleaner and farther on less fuel. that redefine comfort and connect the world like never before. after all, you can't turn dreams into airplanes unless your passion for innovation is nonstop. ♪ ♪ ♪ john: america's worst social injustice was slavery. today some people argue that america's success was a product of that slavery, that capitalism thrived in america because whites stole labor

the city wants to be counted among the likes of macao and singapore as marga or teague a reports. >> reporter: it sounds out like a golden oasis in the chaos of manila. the city of dreams. it's the third and latest billion dollars gambling resort to open in the philippine capital. 6.2 hectors of luxury. in manila's new purpose-built gambling strip called entertainment city. >> the vision was always to find the greatest locations in asia to build integrated resorts it's no ones their philippines is one of the fastest growing economies in anywhere in the world in the last few years, we want to build things that we are proud of. >> reporter: the government has been inviting investors hoping to fashion itself the next gaming capital of the asia pacific region. that's despite other gaming destinations like macao and singapore taking a hit in earnings correctly. officials here want to attract the regions growing middle classes and high flyers. >> this is our hopefully meaningful contribution to the efforts of the philippines to elevate the tourism industry as one of the main engines of eco

hong kong and singapore, some of the poorest regions on earth, 50 years ago two with of the wealthiestions. john: fifty years -- >> bingo. if every place on earth was as free as hong kong and singapore, there would be no more poverty on earth. john: we know what works, but the politicians and these young people won't do it. >> and i would say many of the professors. john: many of the professors. we'll have one on shortly. thank you, michael. >>> next, some say american capitalism succeeded on the backs of slaves. but is that the truth? ♪ ♪ this allergy season, will you be a sound sleeper, or a mouth breather. well, put on a breathe right strip and instantly open your nose up to 38% more than allergy medicines alone. so you can breathe and sleep. shut your mouth and sleep right. breathe right. you wouldn't order szechuan without checking the spice level. it really opens the passages. waiter. water. so why would you invest without checking brokercheck? check your broker with brokercheck. ♪cause nothin ever gonna make this world better♪ ♪if we don't start believin ♪love really really real

hong kong and singapore, some of the poorest regions on earth, 50 years ago two with of the wealthiestns. john: fifty years -- >> bingo. if every place on earth was as free as hong kong and singapore, there would be no more poverty on earth. john: we know what works but the politicians and these young people won't do it. >> and i would say many of the professors. john: many of the professors. we'll have one on shortly. thank you, michael. >>> next, some say american capitalism succeeded on the backs of slaves. but is that the truth? ♪ ♪ if you're taking multiple medications does your mouth often feel dry? a dry mouth can be a side effect of many medications. but it can also lead to tooth decay and bad breath. that's why there's biotene available as an oral rinse toothpaste, spray or gel. biotene can provide soothing relief and it helps keep your mouth healthy too. remember, while your medication is doing you good a dry mouth isn't biotene, for people who suffer from a dry mouth. just because i'm away from my desk doesn't mean i'm not working. comcast business understands that. their wi

anna: singapore airlines speaking with us. among the attendees at the st.g economic forum, ryan is there with an interview. ryan: good morning, anna. i'm joined by bernie, he has been coming to this country since 1980. this morning, when i was thinking about what to say about the first day of the form, i thought, you know what it is? there is a geopolitical cloud hanging over this event. the brightest lights are in here. there is no clarity to whether it will move on. you think that is not the most important story? >> the geopolitical clout will not go away, because it is not about mr. putin and his ambitions. it is about russia reasserting itself in its own neighborhood. that is historically normal. so i think whether we like that or not, we have to get used to it. i would say that the real issue for business people is and was and will be what is going on inside the country. you cannot really divorce business and politics. politics trump business all the time. while we have had is a situation where a very small group of people are entrenched at the top of

in 2012 singapore was treated to national night. a campaign to encourage baby making on singapore's national holiday. so are these kinds of measures actually working? demographers told us that in general it's difficult to get people to have children purely using financial incentives. that said france has championed child-friendly policies like paid family leave for parents of newborns and preschool for 3-year-olds and its fertility rate is one of the best in europe. in the united states the fertility rate hit a record low in 2013 according to the cdc, but pugh still predicts that america's population are actually grow by 27% from 2010 to 2050. why? one big reason is immigration. the u.s. has a younger population than europe to begin with and it takes in lots of immigrants. immigrants tend to have more children than native-born americans. so the united states compared to many other large, rich countries in the world. will be demographically vibrant and growing for decades, and immigrants will help drive that growth. i am guessing tha

hong kong and singapore, some of the poorest regions on earth, 50 years ago two with of the wealthiest. john: fifty years -- >> bingo. if every place on earth was as free as hong kong and singapore, there would be no more poverty on earth. john: we know what works, but the politicians and these young people won't do it. >> and i would say many of the professors. john: many of the professors. we'll have one on shortly. thank you, michael. >>> next, some say american capitalism succeeded on the backs of slaves. but is that the truth? ♪ ♪ when cigarette cravings hit, all i can think about is getting relief. only nicorette mini has a patented fast-dissolving formula. it starts to relieve sudden cravings fast. i never know when i'll need relief. that's why i only choose nicorette mini. new york state is reinventing by leading the way on tax cuts. we cut the rates on personal income taxes. we enacted the lowest corporate tax rate since 1968. we eliminated the income tax on manufacturers altogether. with startup-ny, qualified businesses that start, expand or relocate to new york state pay no