motivates american policy and southeast asia. representatives of our governments have traveled the world. seeking to find the basis of peace talks. since last september, they have carried the offer that i made public in san antonio, that that the united states would stop its bombardment of north vietnam when that would lead probably to productive discussion. and that we would assume that north vietnam would not take military advantage of our restraint. they denounced this offer both privately and publicly. even while the search for peace was going on. north vietnam rushed their preparation for a savage assault on the people, the government, and the allies of south vietnam. the holidaysduring failed to achieve its principal objective. it did not collapse the elected government of south vietnam. army as thets communists had hoped. it did not produce a general uprising among the people of the cities as they had protected. the communists were unable to maintain control of any of the more than 30 cities that they attacked. they took v

american can take a great deal of pride in the role we have played in bringing this about in southeast asia. we can rightly judge, as responsible southeast asians themselves do, that the progress of the past three years would have been far less likely, if not completely impossible, if america's sons and others had not made their stand in vietnam. at johns hopkins university about three years ago, i announced that the united states would take part in the great work of developing southeast asia, including the mequon ongley, -- including the mek valley for all the people of , that region. our determination to help build a better land, a better land for men on both sides of the present conflict, has not diminished in the least. the ravages of war, i think, have made it more relevant than ever. i repeat on behalf of the united states again tonight, what i said at johns hopkins, that north vietnam can take its place in this common effort just as soon as peace comes. over time, a wider framework of security and peace in southeast asia may become possible. the corporations of the nations in the are

and the larger purpose of our involvement has always been to help the nation of southeast asia become independent and stand alone, self-sustaining as members of a great world community. at peace with themselves, at peace with all others. and with such in asia our country and the world will be far more secure than it is tonight. i believe that a peaceful asia is far nearer to reality because of what america has done in vietnam. i believe that the men who endure the dangers of battle there, fighting there for us tonight are helping the entire world avoid far greater conflict, far wider wars, far more destruction than this one. the peace that will bring them home someday will come. tonight i have offered the first in what i hope will be a series of mutual moves towards peace. i pray that it will not be rejected by the leaders of north vietnam. i pray that they will accept it as a means by which the sacrifices of their own people may be ending. and i ask your help and your support, my fellow citizens, for this effort to reach across the battlefield toward an early peace. finally, my fello

southeast asia, asia in general , middle east and europe, and america as well. ♪ haslinda: you come acrossally ambitious. why are you in such a hurry? jose: that is my personality to begin with. ♪ ♪ haslinda: robbie, revolution precrafted was born in the philippines, but you want to take it global. where are you in the journey? jose: we launched 2015, it really in the design fair, really wanted to show the art and creative aspect and reposition the homes and the company as an object of art. the most expensive purchase a human being has ever is the house, so we wanted to make it desirable. it has been close to two years since then, and we have closed 11 developmental deals, central america, throughout asia. we are an almost two years start up, but we have had fortunately some good success. haslinda: financing always the big issue for startups, including four revolution. who else are you looking in terms of investing and how much are you looking to raise? jose: 500 startups, about 1700 companies. haslinda: they came to you. jose: other sovereign funds, family offices, even real estate entrep

the consolidation makes a lot of sense, and i think for both grab and uber and southeast asia. ink the threat -- what china and southeastdd asia is both a big deal for both companies. a largeber also got investment from softbank which has its hand in others ridesharing companies around the world -- how much do think that is playing a role in the decision being made about strategic partnerships? think he is an also withl man -- and uber and grab over the years, and from his perspective, this consolidation makes a lot of sense. -- and i dod in it gonk that the local services is the direction to go beyond the ridesharing. if you look at what is happening in china, dd, despite consolidation, will face competition from ridesharing services. the competition is not over yet. i think the consolidation is a step forward for grab and uber to have a stronger lending on local services. emily: if that is the case, what is your message to the new uber ceo about india, latin america? -- these markets similarly they should wave the white flag? jixun: i don't know enough about these other market

i think for both grab and uber in southeast asia.idink the threat ,what it in china, both with didi and in southeast asia is a good deal for both companies. emily: uber also just got a huge investment from softbank, which has its hand in other ridesharing companies around the world and uber's competitor. how much is that playing a role in the decisions being made about strategic partnerships? think he is a very influential man. he has his stake in didi now. and from his perspective obviously, the consolidation makes a lot of sense. it,efinitely has a hand in in the entire process. i do think that the local services phil, it is going beyond the ridesharing. if you look at what is happening in china, didi will face competition from the likes of the bike sharing services. the competition is not over yet. i think the consolidation is a step forward for grab and uber landing ontronger the local services. emily: if that is the case then, what would your message be to the new uber ceo dara khosrowshahi about latin america? hould he waved th

was to the united states, was to japan, was to korea, was to southeast asia. but this whole area to the west is undeveloped, is potential market for china, that historically has been part of where china sent its goods. (xi jinping speaking in chinese) - [translator] since the belt and road initiative was put forward over three years ago, over 100 countries and international organizations have given warm responses and support to the initiative. more than 40 countries and international organizations have signed cooperation agreements with china, and our circle of friends along the belt and road is growing bigger. - [narrator] the plan includes a maritime silk road, which aims to connect asian, african, and middle eastern nations through the construction of ports, naval bases, and canals to revitalize sea trade. - when you leave china and you go and then you go around southeast asia and then you go to the indian ocean, then you go around the tip of india and ultimately go through the middle east and to europe. that also is something which historically the chinese

it is now southeast asia's most popular ride sharing.the company, it has millions of users across eight countries in the region, including indonesia, the philippines and in singapore. when it started, it was just a simple ride hailing app but grab has grown to be the company that has been able to defeat uber out here in this market. it has harboured ambitions to be everything to everyone and hasn't been shy about these ambitions. have a listen to what anthony tan, the ceo of grab told me when i interviewed him last month. we want to be that app that allows you to buy a coffee and earn rewards. then after that, you want to buy your lunch and order in and had your food delivered, so you don't have to go through the traffic jam. and when you are that relevant, or that real to every customer across these 600 million base, then you create huge value. what does this mean for uber‘s regional expansion plans? well, uber is keen to push the message this isn't a retreat from southeast asia. that instead, this is a merger of equals. but it is true,

tonight i want to speak to you of peace in vietnam and southeast asia. no other question so preoccupies our people. no other dream so absorbs the 250 million human beings who live in that part of the world. no other goal motivates american policy in southeast asia. >> first addressing himself to the continuing problem of vietnam the president outlines plans for a unilateral american de-escalation of that conflict. >> tonight i ordered our aircraft and naval vessels to make no attacks on north vietnam except in the area north of the demill terroriitarized zone ande movement of their troops and supplies are clearly related to that threat. the area in which we are stopping our attacks includes almost 90% of north vietnam's population and most of its territories. thus, there will be no attacks around the principle populated areas or in the fuel producing areas of north vietnam. even this very limited bombing of the north could come to an early end if our restraint is matched by restraint in hanoi. >> the president issued and went on to speak in moving words

treating from the asian markets selling its southeast asia business to main rival grab. and it's practically worth nothing india issues a special one rupee note to celebrate one hundred years off rupee banknotes. but come to business south korea has agreed to cut steel exports to the united states by thirty percent in order to avoid trumps tariffs south korea's trade minister described negotiations with the u.s. as fear but it's fisted his country wasn't in an inferior position the asian country is the third largest exporter to the united states after canada and brazil the pledge to reduce steel exports is part of revisions being made to the existing free trade deal between the u.s. and south korea. need while china's foreign ministry said that beijing was willing to hold talks with the united states to resolve their differences over trade of the weekend china's newly appointed finance minister want washington to rethink its trade policy and threatens to retaliate by hitting u.s. agricultural exports. according to the report the discussions will be led by china's economi

but american involvement in southeast asia began years before our first air and ground combat units arrived in 1965. early in the cold war against communist, the eisenhower administration spent billions aiding the french in their fight against ho chi minh. before that, we supported him when he was our ally against the japanese in world war ii. how then did the united states find itself embroiled in vietnam, fighting a war that would last more than a decade, cost mr. than 58,000 american lives and sear our national soul? tonight "flashpoint vietnam: the road of war." that's next on "war stories." >> they were always talking about this thing ending soon. >> i would say that we have a commitment to vietnamese freedom. >> we were asked to write letters home. >> peace is a journey of a thousand miles. >> i'd only been out of the state of west virginia a couple of times when i joined the marine corps. ♪ >> in 1960, ernie wallace was a 16-year-old in wayne county, west virginia. >> upon graduation, there is only two things to do around our area. that was work in the coal mines or construction. and

plus, uber agrees to sell its operations in southeast asia to a local rival.e will talk about what uber will get in return. -- questions swirl around a fatal accident. to our lead. mark zuckerberg has decided it is time to face the congressional music. he will appear before the u.s. house and energy commission. this according to a congressional official familiar with the plan. subject of the criticism from lawmakers on both sides of the aisle. he will not appear before a u.k. parliamentary committee. we spoke with sarah frier who covers the social network for bloomberg as well as caroline hyde who joins us live from london with reaction from europe. >> zuckerberg has come to terms that he will have to do this. he said if i am the right person to answer these questions i will do it but i have to be the right person. congress can back and said you are the right person. we want to hear from you. to termsg has come with that. in front of congress, there are going to be so many questions that facebook cannot answer. a lot of questions in particular gone where this

plus uber agrees to sell operations in southeast asia.e will talk about what they get in return, in the global plans for the world's biggest start. and tesla tumbles the most in two years as questions swirl around the fatal accident. first, to the lead. mark zuckerberg has decided it is time to face a congressional music. the facebook ceo will appear before the u.s. house energy and commerce committee to answer on his role in the cambridge scandal. he has been the subject of criticism from lawmakers on both sides of the aisle. he will not, however, appear before a u.k. parliamentary committee. we spoke with sarah frier, who covers the social network for bloomberg, after the news broke, as well as caroline hyde, who joined us live from london with reaction. >> zuckerberg has come to terms with the fact that he will do this. he said last week, if i am the right person to answer these questions, i will do it, but i have to do be the right person. congress said, you are the right person. we want to hear from you. so zuckerberg has come to ter

inr cost were up over 5% south asia and southeast asia.r revenues were down to be fair for some of the exits. where did the two metrics go over all? how does that jive with the bank's global push to cut cost. anna: when you look to the cost base a few years ago we saw opportunity. we're on track to achieve our target. we saw investment opportunities. particularly in technology. a good portion of that is coming to might markets and it is important given consumer needs. cap to provide that capability. from a cost side, if you digitize there is an opportunity. you can move faster. initial cost program that we make progress on investment or ultimately that will drive efficiency as we grow strongly. haslinda: you are looking to cut costs further, if so, where and how? want the cost base to grow less quickly than income. we are investing here in. we're trying to growth more productively. wealth management product income across the various places where we try to manage our clients money. that grew 17% last your. we want to keep doing that. but yo

between the world's tropical sphinx but first retreat from southeast asia ride sharing markets coming up next in business with events took place. they make a commitment. they find solutions. in stronger. africa on the road slow stories of both people making a difference in shaping their nation england and the continent of africa on the move the stories about motivational change makers taking their destiny into their own hands t.w. is knowing multimedia series from. w dot com africa on the move. trade talks of looming trade war beijing and washington have stars of the goshi ations easing trade tensions between the world's top economies. egypt going to the polls to elect a new president how good has also uses of ministrations been pro-business. also on the show its practically worth nothing in the issues a special one rupee note to celebrate one hundred years of the rupee banknotes. it's welcome to do business in south korea has agreed to cut steel exports to the united states by thirty percent in order to avoid. korea's trade minister described negotiations with the u.s. as fierce but

emily: coming up, uber exits southeast asia, selling their installations to grab.berg. ♪ ♪ emily: samsung vice chair jay y. lee is visiting europe in his first business trip since getting out of jail. the trip signaled an ignorant to get back to managing the global tech giant. samsung de facto chief met with global business partners. the company declining by email to say when he left and what he plans to do in europe. the local korea economic daily reported he departed on march 22, a day before an annual shareholders' meeting maybe , seeking acquisitions. uber has agreed to sell its southeast operations to grab. withdrawing from yet another fast-growing region. grab will acquire all of uber's operations, including uber eats. in return, the u.s. ride hailer will take a 27.5% stake in a combined entity, and its ceo will join the board of grab. we spoke with the managing partner at ggb capital on monday on the phone. he is one of grab's earliest investors leading the b round and offer -- and also involved in a deal in china. jixun: the competition has definitely happe

just days after giving up its southeast asia in business, uber may 110w southeast asia in business, uber the us ride hailing giant is in talks to merge with indian rival hola. they have common ground, japanese technology giants of bank is the largest shareholder in both companies. according to reports, deal talks have been taking place around 12 months now. speaking of softbank, it'sjoining around 12 months now. speaking of softbank, it's joining forces with saudi arabia to build a $200 billion solar panel plant. the project is expected to be able to produce up to 200 gigawatts of power and is part of the saudi arabian drive to depend less on crude oil to generate energy. the first phase of the project will start this year and is expected to be completed by 2030. airbnb e has e—mailed hosts in china to say it all start sharing information with chinese government agencies within a matter of days to comply with regulations —— airbnb the. chinese strict rules on residency requires tourists and visitors to read your details with the police about where they are staying within 24 hours of arri

grab wants to be a lifestyle option here in southeast asia. rico hizon, thank you. probably going to dominate this week. the ongoing trade tensions between the world's two biggest economies, the united states and china, are continuing to rattle financial markets. that's despite the us treasury secretary saying he was "cautiously hopeful" that an agreement could be reached with china that would stop import tariffs from being imposed. steve mnuchin also told fox news that the us wasn't afraid of a trade war. on thursday president trump ordered $60 billion worth of tariffs on chinese exports because of what he said was the theft of intellectual property rights. the tariffs could up to 25% by the time they are finalised. if they are china could lose $15 billion worth of exports to the us according to the credit insurance company euler hermes. although that's only 3% of last yea r‘s total. meanwhile us exporters could lose $700 million of exports to china if beijing goes ahead with $3 billion worth of retailiatory tariffs its planning. china has said it doesn't want a tr

we will look at the market of occasions there. >> we will get more on over being grabbed and southeast asiang news at the top of the hour. over is selling it southeast asian assets. including over each to grab her. attrition overf again for over and access provision. perhaps a victory for softbank, clearly the backers of both over and that ride-hailing space. we will talk about the indications for competition for ride-hailing across this region. as is bloomberg. -- this is bloomberg. ♪ ♪ towarda has been moving the message be driven demand. it has been part of the agenda for china for a long time. this will accelerate the pace. china will have the resources to the tools with which to defend the aggressive action. >> at this point in time, we don't see financial markets theg overly impacted by project -- protectionism waves. i think of it keeps going on, this could be very disturbing. rishaad: they were talking about the potential fallout of a trade war. says thisuest relationship threatens to push this to the brink. it is not time to hyperventilate about all this, we need to take a step bac

. >> meantime uber is selling itself southeast asia business to grab.is a singapore-based operation that offers ridesharing and logistics services throughout southeast asia. it's the latest interntional market for uber. in 2016 it sold its business in china. >>> the first nonstop flight between australia and britain is being called a game-changer by the chief executive of qantas airlines. the dreamliner touched down in london's heathrow airport yesterday after a 17-hour flight from perth. it cut three hours off its journey. the more than 9,000-mile trip is the second longest after the qatar service between doha and new zealand. >>> and apple has a new emoji. it's aimed to focus people in four main categories, blindness, deafness, physical and motor skills and hidden disabilities. some include hearing aids, signs and wheel chairs and canes. >> i like it. >> i like the wheelchair one. it's very nice. >> thanks a lot, diane. >> all right. >>> still ahead, chicago hope. the underdog's headed to the final four party. this is humira. this is humira helping to

. >> if passed, the gulf of tonkin resolution would allow lbj to use force in southeast asia withouteclaring war. but first, mcnamara would have to answer some tough questions in closed door congressional hearings. >> mcnamara brings with him the chairman of the joint chiefs of staff general wheeler. and general wheeler and secretary mcnamara lie about the ambiguities surrounding the second attack. >> later that day, mcnamara briefed lbj on the hearings. >> well, i think the hearings are very satisfactory. it was just a near unanimous support. >> congress overwhelmingly passed the gulf of tonkin resolution on 7 august. it gave lbj the power to take, quote, all necessary measures to repel any armed attacks against the forces of the united states and to prevent further aggression. it was basically a blank check, and it would be cashed in vietnam. >> when america bombs north vietnam, it isn't understood that the north vietnamese communists are going to respond by increasing infiltration into south vietnam. >> but the vietcong were growing larger at the same time that they are stealing t

we reported they are in talks to sell their business in southeast asia.r clearly is not necessarily thinking those investments are something it wants to keep spending money on. at the same time, uber will walk away with a large stake in those companies. so there is value to that, and we will see if lyft misses out. emily: eric, thank you very much. coming up, the majority of venture capital in the united states is funneled into companies in california and new york, but the midwest, which has long been overlooked, may be the startup world's new darling. this is bloomberg. ♪ : it is 1129 in singapore. there is a choice to succeed gary cohn as economic advisor. he says he is honored to be offered the job. he also served as an advisor to president reagan. russia says the expulsion of 23 unjustified and shortsighted. the expulsion is the biggest since the cold war. the u.k. has cut high-level contacts. fungal a merkel is starting her fourth term as german chancellor every this brings to an end six months of clinical drift. theyoalition is hoping have 399 of 70

toreported they are in talks sell their business in southeast asia.clearly is not necessarily thinking those investments are something it wants to keep spending money on. at the same time, uber will walk away with a large stake in those companies. so there is value to that, and we will see if lyft misses out. emily: eric, thank you very much. coming up, the majority of venture capital in the united states is funneled into companies and california and new york, but the midwest, which has long been overlooked, maybe the startup world's new darling. this is bloomberg. ♪ mark: i'm our crumpton. you are watching "bloomberg technology." at a united nations security council meeting today, the u.k. deputy ambassador said it's highly likely that russia was responsible for the chemical agent attack on former spy sergei skripal and his daughter ulia. britain wants the international chemical weapons watchdog to independently verify its analysis that a military grade nerve agent from the former soviet union was used in the attack. meantime, british prime minister

takes on china's rising influence in southeast asia. for the first time in sydney. from the moment the world health organization rolls out a mass vaccination program as a different area outbreak takes hold in yemen. hello there more rain is pushing across the middle east at the moment you can see very clearly on the satellite picture this huge area of white cloud here working its way through parts of iran and into parts of afghanistan more cloud here during the day on sunday and a fair few outbreaks of rain to that gradually retreating eastwards as we head into monday so still a few showers here not stretching all the way out but you do kazakstan behind that system that only a small break for the next one kicking up a lot of dust not a great deal of wet weather to it as it works its way process parts of iraq and then there's a third system that's making its way through turkey wet and windy here particularly in the west the further towards the south we've seen a few spots of rain here in doha but as we head through into sunday the winds are feeding down from the nort

the coral triangle of southeast asia is vanishing at an alarming rate, from the top 1/3 of australia's great barrier reef to here, on the northwest coast of bali, indonesia. van thillo: indonesia has quite a few prproblems with theirir cl reefs,, so one of the things we are doing here at menjangan, we've been educating the locals, the tourists, everybody that is coming in touch with menjangan reef on what is a reef doing for us. reefs around the world are responsible for 25% of all the fishes in the ocean, so they are critical to the health and vitality of our oceans. man: reefs are the most wonderful expression of life in the sea. they are this incredible ecosystem that we go visit, and it just blows us away all the time because they are this profusion of life that we just sort of instantly see. narrator: phil dustan is an ecologist and marine biologist who has been monitoring coral reefs since the mid 1970s. dustan: i had the privilege of working with jacques cousteau in the 1970s and 1980s. i worked with him as a scientist that helped make movies about coral reefs, and i worked as p

margaret a its operations in southeast asia to local rival.ill talk about what uber gets in return. tumbles the most in two years as questions swirled around a fatal accident. first you are lead. mark zuckerberg decided it is time to face the congressional music. the facebook ceo will appear before the u.s. house energy and commerce committee to answer on facebook's rule in the cambridge analytica data scandal. this according to a congressional official. familiar with the plans zuckerberg has been the subject of criticism from lawmakers on both sides of the aisle. he will not appear before a u.k. parliamentary committee. 's book with sarah frier who covers the social network for bloomberg on tuesday after the broke, as well as caroline hyde who joins us live from london with reaction from europe. >> zuckerberg has come to terms with the fact that he will do this. he said last week and find the right person to answer the questions i will do it but i have to be the right person. congress came back inside you are the right person. this is, we wan

asked also have focused on atlanta home if a stake in grab means it's keeping the back door into southeast asia open well in a way yes i mean keeping a stake in grab is a way to do you risk its presence in asia while looking forward to better returns you know letting grab do all the fighting and was with us as a form of mojo where it can actually went together to improve on technologies such as apps so perhaps this mojo would also be a win situation in terms of learning about how to improve. in singapore south korea has agreed to cut steel exports to the united states by thirty percent in order to avoid trump's tariffs south korea's trade minister described negotiation with the u.s. as fierce but insisted his country wasn't in a weak position the asian country is the third largest steel exported to the u.s. after brazil pledged to reduce steel exports is part of revisions being made to the existing free trade deal between the u.s. and south korea and that news also in effect on the markets of course some see finally some light at the end of the tunnel that seem to be leading to a trade war let'

no other goal motivates american policy in southeast asia.imself todressing the continuing problem of vietnam, the president outlined plans for a unilateral american de-escalation of that conflict. president johnson: tonight, i have ordered our aircraft and naval vehicles to make no attacks on north vietnam except in the area north of the the method authorized -- demilitarized zone threatens allied positions and the movement -- and where the movement of their troops and supplies are clearly related to that threat. the area in which we are stopping our attacks includes most 90% of north vietnam's population and most of its territory. thus, there will be no attacks around the principle populated food-producing areas of north vietnam. --n in this very limited even this limited bombing of the north could come to an early end if our restraint is matched by forestry in hanoi. >> the president issued an appeal for unity among the torican people and went on speak in moving words of the future he foresees america obtaining. but it was in the final mom

don't have diplomats there security and trade will be top of the agenda as a stranger hosts a southeast asia summit protests are expected because some of the leaders attending the end of overseeing crackdowns on human rights in their own countries under thomas reports from sydney. organizers called this event held in sydney on thursday the phone teams of computer experts were given mock cyber security challenges with five hundred participants. international and domestic players from public and private enterprise trying to. fix six terrorism questions we've given them in thirty two hours most participants were from association of southeast asian nations or as the end countries australia has put countering cyber crime and tackling money laundering and what it calls terrorism at the heart of the agenda for the asean special summit australia itself isn't in as again as its acronym suggests its ten members are all in southeast asia australia though is to fast south and east to be a member but australia has important trade and security relationships with asean countries and wants to tighten connec

no other goal motivates american policy in southeast asia. for years

tonight, i want to speak to you of peace in vietnam and southeast asia. so preoccupieson our people. thether dream so absorbs 250 million human beings who live in that part of the world. no other goal motivates american policy in southeast asia. for years, repreat

sydney felt like parts of southeast asia on sunday it was unusually hot and humid but australia is not a member of the association of southeast asian nations so hosting an at the end summit was a diplomatic coup for australia's prime minister malcolm turnbull but securely in the face of the ever growing power of china and a more isolationist united states turnbull wants australia and as the end countries to speak with one voice and says that's what he's got the countries of r.c.n. are among our closest neighbors they're our friends and increasingly our family as well the so-called sydney declaration issued at the end of the summits commits as the end countries to support trade and resist all forms of protectionism it supports action to address climate change and the full implementation of the powers agreement that a correlation stresses grave concerns about the escalation of tensions on the korean peninsula and it commits as he and countries to further cooperation on counterterrorism it just sensual. it just keep and it is imperative that we have legislations that prevent acts of terro

is key investments in uber and grab, was key in both operations are moving —— emerging here in southeast asia, talks to merge with an indian rival and they have, and to nominate and that is softbank, the largest shareholder in both companies. the plot thickens. let's preet gill another business stories today. shares in uk—listed drugmaker shire pharmaceutical have soared, closing up almost i6% after japanese rival ta keda said it's considering a takeover bid. big name drug companies have long been rumoured to be circling shire — which specialises in treatments for rare diseases — after a $55 billion takeover by us firm abbvie fell through in 2014. the family of the woman killed by an uber self—driving car in arizona has reached a settlement with the company, ending a potential legal battle over the first fatality caused by an autonomous vehicle. 49—year—old elaine herzberg died after being hit by an uber self—driving suv earlier this month. that's it for business briefing this hour — up next — newsbriefing. we'll take you through the stories making headlines in the global media today includin

well i we've got the usual russia showers across southeast asia doesn't look too bad munchie because the philippines lost to clear skies lovely sunny weather coming through fine and sunny to across a good parts of thailand but further south jakarta seeing some big downpours fifty millimeters of rain here in the past twenty four hours and we're going as we go on through the next few days borneo looking very disturbed the showers strafing in all those a still more thesis leeway and there we go more heavy rain coming into java to cause at thirty two celsius or wednesday afternoon with the risk of flooding we have seen flooding recently it's inland there is the queensland last week we're talking about the coastal fringes of the state to be saying some wet weather now pushing into those inland areas since a very very heavy rain julia creek for example hundred thirty nine millimeters of rain in twenty four hours and the road has been well and truly affected by this particular system making its way through for the heavy showers here as we go on through the next few days this is a road inlan

summit australia itself isn't in as again as its acronym suggests its ten members are all in southeast asia australia though is too fast south and east to be a member but australia has important trade and security relationships with asean countries and wants to tighten connections with a group it sees as valuable to regional security. as. is uniquely placed to continue to promote international order within our region. as he and countries are nothing like as in twined politically or economically as countries in for example the european union but having a regional group in asia which excludes china is useful to australia hosting a summit is a sign of australia's commitment to it the benefit i think is establishing these relationships so that if there is a crisis probably one that will be that it will involve china in the future yes trying different has these relationships and it is able to call on them and rely on them the summits of asean leaders is being kept low key in part because it's controversial those attending include myanmar's on sunday despite her government's treatment of the rang

and on to europe and the maritime silk road which creates a ceiling connecting southern china southeast asia india east africa and also europe. industry representatives. say the project off has enormous potential for german companies which can deploy the necessary resources. if it involves developing physical infrastructure especially in central asian countries which aren't as well linked or developed that's clearly something which well known and large german infrastructure developers. are very much at home with. but there could also be plenty of orders for small and medium sized enterprises they can supply specialized machinery and other equipment to foreign partners involved in the mammoth projects though there are some high hurdles to clear. that's a good that's because many projects are put out to tender off financing by the chinese banks in the same way we used to doing things here and there are plenty of challenges when it comes to calculating prices as well. adding to potential difficulties beijing hands over eighty percent of the contracts china is funding straight to chinese compani