and that bring rainy weather to korea and southeast china you can see the season from korea and seoulenomenal footage coming out of central america. this is in costa rica. this one, george, was captured with photo imaging camera which sent images like this. by the way, the brightest tv spots are over 1,000 degrees fahrenheit. >> wow. some some of the rocks spewed from this particular volcano, six feet wide. >> what's amazing, a camera can capture such stunning images? >> thermal imaging camera, a flir. look it up. >>> russia is dismissing a new set of doping allegations against its olympians. coming up, how an ex-official says a spy agency helped athletes to cheat. >>> plus, just seconds before a terrifying train crash, the driver takes action to save his passengers. we'll show you exactly what happened. live in the united states and around the world, this hour, you're watching "cnn newsroom." but it's mostly getting to watch your directv with unlimited data from at&t. we're setting families free. so they can stream away - and not squabble over who's using how much. so go, family. wat

we will show you the massive landslide in >>> a landslide in southeast china.ed after a heavy rain. nearly 8-inches of rain fell in the mountainous region in less than 24 hours. mud and rocks flowed downhill bearing a site where a power station was being built. rescue efforts ongoing as dozens feared trapped under rocks and mud. >> a car without license plates lead the c h p on a chase through san francisco when officers tried to stop the car, it took off and eventually crashed into a taxi. the car full of suspects fled on foot. three of them taken to custody. witnesses told police the suspects may have been driving around egging cars. continuing the coverage. when stanley roberts declares the bar has been lowered on bad behavior. it is a strong statement but he has seen a bit. what happened moments after that crash during a pursuit had stanley and others shaking their heads. >> reporter: random people lewding cars it happened at market and prowl. the car sped away and a chase ensued. the driver chased here in front of the gap store and the passengers abandoned

i think china is not going to be uber's to win. maybe other places in southeast asia could win it. airbnb is the only u.s. company to have a chance to win in china because they bring a new economy into china. they can bring tourists from outside china into china. i think they are cultivating it very well. ridesharing -- it is interesting to see how the car companies i'm playing into it -- are playing into it. the logic is it people are going to be using uber, fewer cars are going to be sold. if fewer calls will be sold, they will be buying used cars to go into the business of driving uber. the car companies are preparing for a world where they want to make money on every iteration of that car as opposed to only selling the new car. remember, they do used cars. whatthat market drivees will they do? they used to open rental companies. it is a question of how they can stay involved with the car longer and make money off of every use. ride sharing is a way for them to do it. emily: in the u.s., do you think it is winner takes most? is it a duopoloy? y? should uber be worried about its

and its allies track chinese of rings going through the southeast china sea to the south china sea, and then the indians take over where they have a major base in the indian ocean. it makes sense. it is surprising we do. do more of that. -- we do not do more of that. but i do not see great change in that respect. bob: here and here. than three in a row. michael, retired from the u.s. department of agriculture. i am not sure my question is appropriate, but i will ask anyway. we talk about the u.s. leadership, is there a correlation between our leadership and arms and so on and the fact that in this country itself, education is failing, infrastructure is failing, health is failing. good produce their weapons, but our people are hurting. --there a connection there that is why i said it may not be appropriate, because we are talking about east asia. but we are talking about the u.s. as a global leader. what is the cost of that? bob: pass it to your right. >> jim here. your map, cuts off. if you go a little further north, there is another country that has an asian component which has lots of

we're talking about southeast china. so when we get this heavy rainfall, it soaks into the soil.that slope failure, mudslides and landslides like this. take a look at this video coming out of southern china. this is astounding footage captured on some of these cell phone cameras. you can see that moment as a landslide itself, gravity taking over, sliding right across a roadway in that region. fortunately no one was injured. in this recent heavy bouts of rain, there have been over 74 fatalities in china and over 300,000 people evacuated from their homes. so millions and millions of people feeling the effects of mother nature across the world. >> that is terrifying footage, isn't it? >> those landslides, so powerful. >>> we want to show you some video. this is no one's idea of smooth travel surely. spending more time waiting in line than in the air. why flying into and out of major u.s. airports has become such a trial. >>> and donald trump says isis has made millions of dollars from libyan oil. and nick paton walsh went to libya to find out if there's any truth to that. what he di

. >>> at least 22 people are dead and 17 missing following a landslide in southeast china.torrent of mud and rock that is buried a construction site sunday morning. >>> that is one of several tornadoes reported in colorado. so far no reports of deaths but five people received minor injuries. emergency personnel and residents are still assessing the damage. at least three homes and one building were damaged. >>> well, the pilot of a single-engine plane is recovering in the los angeles area hospital after landing on the roof of an office building. the 61-year-old man was heading to an airfield nearby when his plane lost power. witnesses say the plane dropped straight down on top of a building and bounced resulting in a near perfect emergency landing. how incredible is that? federal authorities are now investigating. >>> well, it's commencement season. business and political leaders are speaking to thousands of new graduates across the country while many of those leaders are sharing encouraging and inspiring words, some are making subtle jobs at political rivals. john kerry, m

. >>> at least 14 people are dead and 25 missing following a landslide in southeast china. triggered a torrent of mud and rocks that buried a construction site sunday morning. china's president has urged maximum efforts for the rescue of those unaccounted for. >>> russians are celebrating victory day with a military parade. the streets of moscow are full of pride as the country marks the germans' formal surrender in world war ii back in 1945. ceremonial wreaths will also be laid at the tomb of the unknown soldier. our reporter is live from moscow's red square in the heart of these celebrations. matthew, talk to us about the significance of this day for the average russian and what you've seen unfold so far. it looks like a glorious day there for sure. >> reporter: it is. it's absolutely scorching. it's a national public holiday here. russians, i think, celebrate this victory day, may the 9th here in russia more intensely, i think it's fair to say, than other peoples around the world who participated in the second world war. take a look at the crowds that have gathered just

i don't care what country is it whether it's southeast asia, china or north korea. >> makes sense to't know why they would torture somebody. they probably -- i don't know. >> neither do i. a lot of it is they don't want to be caught holding the bag. >> thank you. good luck this weekend. why you having trump, by the way? figured you'd invite everybody? most of the guys like trump? >> yeah. we need some change in the government. i think congress and senate is a little afraid of him because they can't buy him. we need somebody to take over this country and run it the way it's supposed to be. obama has put this country this such debt. how are we going to repay that debt? we have hillary in there, it will be more debt. we have our military that's retiring, and they're making them pay for health care. she says if i become president, we'll give the illegals free health care. >> did she say that? >> yes, she did. >> thank you. up next, too good to be true. bernie said he is willing to debate donald trump, what does the gop nominee to be say? we have his answer. yourself watching hardball, th

they include members of the association of southeast asian nations, japan, the united statesnd china. thexeise is tsto date to involve member countries. >> it's a very clear signal, strong signal of their commitment for marry time security and terrorism. >> southeast asia is targeted by terrorists acts. it highlighted the need to better manage border areas and effectively enforce regulations at sea. and that wraps up eye on asia. following a fuel efficiency scandal. executives of mitsubishi, what is the management doing exactly? >> a bit of background. as you know, they recently admitted what they had done is that the firm intentionally enhanced mileage figures or two types of vehicles and two models supplied to nissan. so what they plan to do is to compensate customers for possible losses arising from the manipulation of fuel economy data. the japanese auto maker is notifying them in writing about how it plans to do so. nhk has learned that mitsubishi is sending a letter on tuesday to the owners of the two models sold under the mitsubishi brand. the letters will state the company wil

china claims almost the entire south china sea as its own. vietnam and southeast asian countries claim parts of it. >> it's my belief that with respect to the south china sea, although the united states doesn't support any particular claim, we are supportive of the notion that these issues should be resolved peacefully, diplomatically, in accordance with international norms and rules and not based on who is the bigger party to throw their weight around a little more. >> translator: vietnam highly commands the decision made by the united states to fully lift the ban of lethal weapon sales to vietnam. it reflects the complete normalization of the relationship between the two countries. >> obama's visit comes 41 years after the end of the war. the embargo was put in place in 1984 amid concern over vietnam's human rights record. the u.s. lawmakers and activists were urging obama to press vietnam to make more progress on human rights before lifting it. >>> police in northern thailand are investigate deadly fire. they say 17 girls are dead and five more are injured. pol

they said this will count of the growing influence of china and southeast asia. >> the united states is fully lifting the ban on the sale of military equipment to vietnam that is been in place for 50 years. sales will still need to meet strict requirements, including those related to human rights.>> president obama also announced that for the first time since the vietnam war he is -- peace corps volunteers will now be invited into vietnam. >>> searching for the wreckage of egyptair flight 804 that went down over the mediterranean, and the cause of the crash is still a mystery. concerns are rising about airport security overseas and here at home. we are outside of reagan international airport just outside of washington.>> reporter: good morning. as if the tsa did not have enough to contend with with the influence and influx of the summer travelers that they were not prepared for. and now there is concerned about the airports overseas and largely due to the uncertainty about what happened to this egyptair flight. tokenizing cameras on the lookout for egyptair flight 804. >> the area is

to counter the growing influence of china and southeast asia. >> the united states is lifting the ban on the sale of military equipment to vietnam that is been in place for some 50 years. sales one -- cells will still need to meet certain requirements, particularly those related to human rights. >> the president said that for the first time since the vietnam war, peace corps volunteers will be invited into vietnam. >>> the warriors continue the trend of recovering from the laws, loadout bite oklahoma city, 133-105, trailing by as much as 41 points at one point. steph curry led the team, and westbrook and kevin durant had a 66 point combination.'s back i don't think our guys competed at the level, not just in terms of how hard we were playing, but in terms of using our brain and making it work. we did not do any of that.>> there was a bad flow up there we could not stop it. on the road, you have to do something about stopping the runs, it's like we did in game 2. back the nba will review this play right here, draymond green was called freight flagrant foul in the second quarter, and st

in china, throughout southeast asia even, some of what's happening with these apps is kind of the remaking of public transportation and the remaking of the commuting experience. it's one of the most important things people do with their smartphones. you look at apple looking to grow in china, looking to grow in a lot of markets, they get called emerging over here. partnering with these particular entrepreneurs, the way that people who are driving thoost these services are paying for things and getting paid. that's an area apple wants to be in as they try to move into mid-tier smartphones, as they move into payments with apple pay and services like that. >> the first thing i thought when i heard about this was that this was one way apple could use some of that money -- the cash they have stranded overseas and put it to work. what you seem to be suggesting is there's an intention here to bring this company, didi, into the apple ecosphere, right? >> i think there's some of that and the desire for apple to get into didi's ecosystem as well. apple has huns of billions of dollars strand outside

to counter the growing influence of china in southeast asia. >> the united states is fully lifting the ban on the sale of military equipment to vietnam that has been in place for some 50 years. sales will need to still meet strict requirements, including those related to human rights. >> president obama also announced today that for the first time since the vietnam war peace corps volunteers will now be invited into vietnam. >>> an alumnus of san jose state is among five people who died during a music festival in the philippines. the only american who died is identified this morning as 33- year-old eric miller who is seen here on his linkedin page. he graduated from san jose in 2005. he moved to the philippines. he was attending a concert in a suburb of manila over the weekend when he and four other people at the concert collapsed. this morning the cause of his death is under investigation. >>> police warning people in burlingame be on alert after two dogs had to be rescued from a coyote. police say the coyote may have been protecting its pups from those two dogs. now, police were able

. >>> finance ministers and central bank governors from japan, china, south korea and the association of southeast asian nations agreed on the need to address the downside risks to global economic development. the group issued a joint statement at a meeting in germany on tuesday. japan's finance minister taro aso and bank of japan governor haruhiko kuroda took part. the statement says the countries are expected to maintain their relatively high level of economic growth and be a driving force in the global economy. but it says they must use tools, including flexible fiscal policies, to deal with the risks that remain. worldwide attention is being focused on the timing of the u.s. federal reserve's recent rate hike which may trigger abrupt outflows of funds from emerging economies. the statement says the officials have agreed to strengthen a program to help asian countries whose currencies are suddenly weakened due to capit al outflows. >>> japan's prime minister and european union leaders agreed to speed up negotiations on bilateral partnership. abe is visiting europe to lay the ground work for the

china sea as its own. vietnam, philippines and other southeast asian countries claim parts of it. beijing has built manmade islands and deployed advanced radars and missile batteries in the disputed region. >>> the proposed has been criticized by some as undemocratic. the election commission began handing copies of the draft to regional representatives in b k bangkok on wednesday. it would allow non-lawmakers to be prime minister. military commanders and political chiefs would be given a fixed number of legislative seats for five years. the referendum is one phase of a road map which is supposed to return thailand to democracy before the end of next year. the government is going all out to build support. those who oppose the draft to constitution are struggling to be heard. >> reporter: tv viewers in thailand don't have much choice on friday night. the same program is on every channel. they all have to air a public relations program from the military-led interim government. >> translator: the economy is recovering now because our policies were correct. >> reporter: interim prime m

to counter china's influence in southeast asia. >> the united states is lifting the ban on the sale of military equipment to vietnam that has been in place for 50 years. sales need to still meet strict requirements, including those relates to human rights. >> president obama also announced today that for the first time since the vietnam war peace corps volunteers will now be invited into vietnam. >>> we have an update on the murder case involving morgan hill teenager sierra lamar. we just found out the trial against the man accused of kidnapping and killing her has been delayed now until june. antolin garcia torres was arrested four years ago at this point. there have been a number of delays in this case. this is the latest one. we have a crew in court. we will bring you more coming up at noon. >>> following some of the top stories out of san francisco, tara moriarty joining us live at the hall justice. tara, start with last week's deadly officer-involved shooting. what's the latest on that case? >> reporter: we should be hearing nor details today. last week when acting police chief to

the coastal cities in china will be specialized in the southeast of asia.gest advantage is how cheap they can produce something. that is at asstake. they're doing something about it. manus: let's talk about the other engine of growth -- india. he filled stadiums around the world when he came to london. can india be china? knowltan ahmed: i don't about india becoming china, but i know that he has proved himself. he has a good track record. has manyhe initiatives. if you look at china and india, they have similar distinctions. india has a lot of catching up to china. area, those containers 10-14,000,000 containers. india has a problem of logistics. a wasteple, there was of 50 million tons of wheat a year. manus: i was excited about a country, as you talk about that. that seems to me like you're ready to do that. he sultan ahmed: we are already in india with six. manus: back with the go with the customers for the a lot of people talk to me about debt and a global perspective. people are worried about the global growth. give me your take, the slowest datah in t

to help our southeast asian partners know what china is doing off their coastlines and to share that information with each other. if the u.s. and our partners are on the same page, we can work together to keep china in check and make sure china doesn't threaten our strategic and economic interests in the region but it is not clear why the defense department is leading the way instead of the state department. dod's new authorities for this program are entirely duplicative of existing state department authorities. i worry that putting such a program under dod's control could erode state security cooperation responsibilities. our diplomats are responsible for overseeing security assistance and it should stay that way and whatever level of cooperation between state and dod on this matter, i'm concerned that this is another example of what some called the militarization of foreign policy. this feeds into those concerns that the asia rebalance is a military policy even in areas that have traditionally been diplomatic responsibilities. so mr. deputy secretary, i'm interested in hearing your

over some islands, rocks and shoals in the south china sea are not an issue between china and the association of southeast asian nations, asean, as a whole. at the same time, china consistently relies on asean's deck declaration of parties in the south china sea, citing its endorsement of consul talkingses and negotiations to argue that it's not subject to the binding arbitration brought urn the law of the sea treaty by the philippines. can china have it both ways? is china trying to sideline asean in relation to the south china sea maritime disputes, and what's the administration's response to quad rah lateral consensus between china, brunei, cambodia and laos, and what's the administration's position in resolving the maritime disputes? >> thank you very much. first of all, i appreciate your comments on north korea and agree very much with you that china has a crew anemic role to play -- unique role to play with north korea. we're seeing some positive steps forward in terms of implementation of the security council resolution, but it's not yet dispositive, so we're looking very carefully at that. could n

southeast asian markets. a said that he wants to get more than half of his sales internationally. revenue from out of chinafalling for three successive quarters. the recent deal is great because it gives them a foothold in southeast asia. in the short-term, investors are concerned about how that might impact margins. francine: thank you so much. we will be following those figures closely from alibaba when they come out. stay with bloomberg. here are some highlights. the polls are open for the london mayoral election as well as elections across the u.k. time, initial jobless data in the u.s. after that, shinzo abe is scheduled to discuss european relations in london. the prime minister is just joining us for 24 hours, but maybe a little bit longer. european stocks, they opened a little bit lower. now they are gaining a touch. this was the first time in the week that european stocks are gaining some 0.6%. gained for everyone that declined on the stoxx 600. crude rallied. u.s. output fell the most in eight months. we had some wildfires in canada disrupting some oil production there. nickel dropping some 2%, l

asia maritime security initiative which aims to help our southeast asian partners know what china is doing off their coastlines and to share that information with each other. if the us on our partners are on the same page, we can work together to keep china in check and make sure china doesn't threaten our strategic and economic interests in the region. it's not clear to me why the defense department is leading the way on this instead of the state department. dod's new authority for this program are entirely duplicative of existing state department authorities. i worry that putting such a program under dod's control road date securitycooperation responsibilities . our diplomats are responsible for overseeing security assistance and it should stay that way at whatever level of cooperation exists between state and dod on this matter, i'm concerned that this is another example of what some call the militarization of foreign-policy. we spoke to those concerned that the asia rebalance is a military policy even in areas that have traditionally diplomatic responsibilities. so mister depu

if china gov-to-gov relations with the rest of the world, for example, southeast asia, are not great, how does that help companies? alibaba just bought an e-commerce platform there, and yet the chinese government is having lots of friction with those areas because of maritime issues. so it's all very interesting. [laughter] so i have 12 chapters in the book, but chapter 13 is the most interesting, but i just couldn't write it because it's happening all the time. okay. i think that's a cue to, like, wrap this up. so i'm happy to have you here, including friends i haven't seen for many years. and i'm happy to sign and stay in touch. you find me on we chat, if you don't know that, duncanclark.com. thanks. [laughter] [applause] >> like he said, we'll be signing over here. please purchase up at the front. >> i have three quotes from jack ma, so help yourself. [laughter] [inaudible conversations] >> this is booktv on c-span2, television for serious readers. here's our prime time lineup. starting shortly, we talk to charles kesler, editor of the claremont review of books. and at 7:45, elaine

china claims almost the entire maritime area as its own, while vietnam and other southeast asian countries claim parts of it. on monday, obama announced a complete lifting of an embargo on sales of lethal weapons to vietnam. the measure was put in place in 1984 amid concerns over the country's human rights record, but u.s. lawmakers and activists urged president obama to press for more progress before lefting the ban. on tuesday obama said he had significant concerns over civil liberties in vietnam. he mentioned that several activists had been invited but were prevented from meeting him. >> i think it's an indication of the fact that although there has been some modest progress and it is our hope that through some of the legal reforms that are being drafted and passed there will be more progress. there are still folks who find it very difficult to assemble and organize peacefully around issues that they care deeply about. >> obama flew on to ho chi minh city the commercial hub of the country. tens of thousands of people lined the road from the airport to welcome him. >>> museum curators in

china sea. we know that neighboring countries here in asia and in southeast asia have raised concerns about china'sh china sea. the president did lay out the u.s.'s position this way. >> the united states is not a claimant in current disputes, but we will stand with partners in upholding core principles like freedom of navigation and overflight and lawful commerce that is not impeded and the peaceful resolution of disputes through legal means in accordance with international law. and as we go forward, the united states will continue to fly, sail, and operate wherever international law allows, and we will support the right of all countries to do the same. >> reporter: the president making that statement just a day after announcing that the u.s. would drop its ban on arms sales to vietnam. that's a headline moment in this trip. he has refuted suggestions that that deal is about countering china's growing strength in the region. instead he says it is really about deepening defense cooperation with vietnam. errol. >> alexandra, we had that lifting of the arms embargo yesterday. a push, vocal push for h

china through dialogue. >>> japan's foreign minister has laid out a development assistance plan worth billions of dollars for some southeast asian countries. kishida is currently touring the region. he laid out japan's policy in a speech in bangkok, pledging to set up a new framework for the so-called five mekong states. they include thailand and myanmar. kishida said it's aimed that helping them build infrastructure, improve customs procedures, and develop workers skills. the day before kishida met with his thai counterpart and they agreed to develop areas along the mekong river. >> translator: thailand holds the key to developing and linking areas along the mekong river, because of its location in the center of the river's basin. >> kishida noted the rapid economic growth projected for the region. his thai counterpart called for japan's support for his military government. it plans to transfer power to a civilian government sometime next year. >>> the city of seattle is one of america's gateways. more than 20% of the here come from china. it was a stop for president xi jinping when he visited the u.s. last year. the chin

china. hong kong looking very strong. 1.3%.ng seng index up a little bit of weight in the southeast asian marketsgenerally we are seeing a solid session coming through for the first trading day of the week across asian markets. angie: we are getting a look at how the bank of japan's negative interest rate policy is affecting the country's biggest banks as they post results. we have heard from two of the three big ones, mizuho finance and mitsui. we have more, and it looks like a mixed say. >> look at the policy, not too different from financial. 11% for thet to year, $85 billion. it would be a four-year low, if it does fall to that, but that is still better than what analysts were predicting. they had been saying it would generally be at $5.3 billion net income. negative rates will have an impact of three under $68 bution on your earnings, $60 billion,6% to facing the own target. offset aings helped drop in lending income. , for the first time in nine years, they beat analyst estimates. to $6 billion. they missed targets, but that was because he was hit by an impairment loss on indonesian banks.

. >>> in china rescuers are trying to reach people after a landslide hit in the southeast area. reports say that rocks and mud buried a dormtory about 30 minutes ago. it's not clear what caused it and of course we'll bring you updates as soon as they come in. >>> golden state is battling it out against the trail blazers. the fans crammed into the stands and it's not looking too good for the warriors tonight. the fateful say they're still in control of their destiny though. >> having come from chicago, watching this warriors team, they don't have to worry. >> the depth of the warrior's play, is what is at stake here. >> they love to pass the ball and it may get interesting, but go warriors. >> we're of course keeping an eye on the game here and we'll update you, it's down to the final seconds here. but it's not looking too good. >> if they lose though, they are still in the lead. curry will return in game four on monday. >>> the sharks are taking on the national predators right now. the game started a little bit over an hour ago. the first period ended and the sharks are in the l

tiger global, sequoia, many others in china and asia are investing in growth stories all over asia, southeasta, india, and vietnam. emily: dave mcclure, cofounder and ceo of 500 start up, recently launching in vietnam. and david kirkpatrick, david is sticking with me. a reminder to check out our podcast -- extra episodes of studio 1.0, the postseason. this week, we hear from the twitter cofounder, biz stone and the makers of "silicon valley" for a chat about the future of media. you can check it out on itunes and sound cloud. ♪ emily: google's offices in paris have been raided. french police and prosecutors arrived around 5:00 a.m. local time on tuesday morning. it is part of a preliminary criminal investigation into whether have been operating without clearing some of its revenues. france has previously suggested google has $1.8 billion in back taxes to pay. nobody has yet been charged of any wrongdoing, and google maintains to comply with all french laws. just as that was underway, eric schmidt was a few hundred miles away in amsterdam speaking at a start up conference. he spoke about how h

southeast asia. we can talk all night in this auditorium about the matter of and17th parallel and china the geneva accordbut suffice it to say, we are in vietnam whether you think we are on a be there or not. and 500,000 american servicemen are totally committed at this moment between life and death. some of them are being killed at this very moment. in fact, i just left a motel with a daughter of the motel owner. she came by the shake my hand. eight months ago her husband was killed in vietnam. she had two children. they've been killed on this night. we ought to reappraise our attitude towards western europe and our attitude towards some of our non-communist nations. they are doing so much better than are some of those in western europe. western europe was rehabilitated after world war ii by the money of the people of california and alabama. including those nations that we fought. i'm glad that we do have a europe andbilitated so far as our economy is concerned. that has been a barrier to further communist encroachment in that part of the world. even though we sold out the eastern european nations evide

say, but what it achieved in any event was that the southeast asia was not overrun and probably made the contributing factor to the opening to china. but it was a bitter ending. >> i do not blame you or any administration, perhaps the cause is not in the stars but all of ourselves. >> what did he say? >> just a statement, dr. kissinger. the last question on the right here. >> hello, dr. kissinger, a pleasure to hear you speak this evening. always been a fan of and find you fascinating. may not agree with you always but you're an interesting individual and influenced or world in many ways. the war on drugs was issued under nixon and the long term, we have more people in prison in china, 70% of our prisoners are nonviolent. do you think the war on drugs was worth it, and do you think it should be continued into the 21st century and you think we should continue it or look at it as a failure or was it's victory? that do you think of that? the war on drugs and how it affected the last 40-some-odd years. >> the war on drugs, the domestic policy matter? >> under nixon. >> i don't think any statement i can make on the war on drugs would b

what it would have achieved --any event was that the that southeast asia was not and it probably many intervening factor to the opening to china. it was a bitter ending. audience member: i do not blame you or the administration. perhaps the fault is not in the stars, but in ourselves. audience member" it's a pleasure to hear you speak this evening. i may not agree with you always but you are an interesting individual and influenced our world in many ways. the war on drugs was issued under nixon. we have more people in prison. 70% of prisoners are nonviolent. do you think the war on drugs was worth it and you think it should be continued in the 21st century and we should continue it or look at it as a failure? or was it a victory? what do you think of that, the war on drugs and how it has affected the last 40 years? mark: the domestic policy matter. audience member: it was under nixon. dr. kessinger: i don't think any statement i can make on the war on drugs -- [laughter] [applause] dr. kessinger: i want to make one other point. my observations are directed at the american audience. i have great sympathy for the vietnamese who

now it is less about china and more about india, southeast asia.e evidence of absence is what makes it interesting, there is less interest in buying chinese assets. jonathan: a lot of people are going to shift into your world very soon because they cannot get the returns, the yield that they want from the traditional bond market and the conversation we had was that they become private lenders to some extent. are they tourists in your world? federico: you see these things when things hit a wall9. -- hit a wall. there are a lot of people going into the lending market in europe, but you also see players who did not used to be in this market who are very heavily getting in just in the search for some premium above the risk free rate -- the rest rate. lisa: there has been a lot of withdrawals from hedge funds, particularly by insurance companies. are they putting that money into private equity? if youo: i think so, look at the statistics, the private equity is a growing asset class and it is because it is the one place for you see yield both through equ

across southeast asia there is a tropical depression t that has just formed in the area b betwe the philippines as well as the indo-china peninsula. the system is bringnging h heav rainfall to vietnam as welell a the philippines. this system will likely make its way towards the north aiming for guan don provinince. the areas will see increasing rainll a and winds intnto tomorw mornining. the tropical depression will not intensify to a tropical system or tropical storm. that's at least good nenews. across northth america, may is severe weather s season. in fact, we see about 280 tornadoes a month, and also hail and also strong winds affect the country during this time of year. now, on tuesday a tornado was reported in oklahoma, and hail stones hit denver. i want to show you some video coming out of these places. fierce winds damaged buildings in bristow, oklahoma, after tornado warnings were posted in the area on tuesday evening. the same system caused tornadoes in the great plains. two people were critically injured in kansas. a hail storm hit denver on the same day. drivers were forced to drive carefully through floode

southeast asia. and we could talk all night here in this auditorium about the 3459er of the 17th parallel and old french indo-chinaice it to say we are in vietnam, whether you think we ought to be there or not. and 500,000 american servicemen are totally committed at this moment between life and death. and some of them are being killed at this very moment. in fact, i just left a motel where the daughter of the motel owner came by to shake my hand and eight months ago her husband was killed in vietnam and she had two children and they'd been killed on this night. and one of the first things that we ought to do is reappraise our attitude toward western europe and our attitude toward some of our non-communist asian nations. and by the way, they are doing so much better than are some of those in western

china. following the moment in the philippines closely, and who emerges who will leave the country for the next six years -- lead the country for the next six years. rishaad: haslinda amin, our southeastondent. manus: the north korean leader kim and has announced a five-year plan, the first since the 1980's. he put the focus on energy, agriculture, and light manufacturing. our china correspondent tom mackenzie was in pyongyang for the party congress, looking at how north korea has changed under can's -- kim's rule. tom: the old economy still dominates in north korea. vast factories churning out basic products, like this copper cable maker in pyongyang. the country exports some commodities, so far fewer now that its biggest trading partner, china, has banned most imports in line with u.n. sanctions. it makes money by sending laborers abroad and relies heavily on agriculture. but in pyongyang, there have been some notable changes. new buildings have sprung up. there are more cars on the road. there is a growing choice of shops and restaurants. we got to ride in a city taxi, operated by one of the country's multiple government controlled cab firms. even the public transfer system has see

new zealand has closed higher by one third of 1% and southeast asia is generally weaker but we can see that game coming through from chinaicture on the regional index with everything trading higher except that oil and gas which is being sold off to the tune of around one third percent. also watching the chinese renminbi today we have seen the to itsaken or cut the lowest level since february 2011 for the second consecutive day. pretty flat there, 6.58 and if we look at the offshore renminbi we are seeing it also reflect there. the aussie dollar making a comeback so we have seen a bit comingduced strength through into commodity currencies. in australia we had food -- building approvals for april and the current account balance they said 20.8 billion dollars in deficit. the aussie dollar is a pretty solid rise when that came through. the japanese yen is pretty flat at the moment but certainly weakness is sent to tenths of 1%. helping out that rally we have seen in japanese equities. a solid finish for japan and australia on the close china looking very strong but listing the regional index on the final trading day of the m

planned as countries such as china, the u.s., india and japan are seeking to cement ties with myanm myanmar. laos is a choice acceptable to all as it chairs the association of southeast asian nations. aung san suu kyi is barred from becoming president by the military drafted constitution. the nobel laureate was sworn in as foreign minister in march and has take an firm grip on the government as state counselor, a newly created position akin to that of prime minister. >>> north korea's ruling party has held an important and rare event, its first congress in decades. kim jong-un is expected to use the occasion to solidify his power base. ♪ north korea's state run. tv aired kim jong un's opening address on friday. the it's the first such gathering by the ruling party in 36 years. kim stressed his country has made achievements this year, including the launch of long range rockets. kim is also expected to emphasize his policy of simultaneously carrying out nuclear development and economic reforms. nhk world is in pyongyang to cover the congress. he's watched north korea for years and explains what kim jong un aims to accomplish with the event. >> reporter: kim jong-un is

china on the a share was down on the open, flat at the moment, a better turnaround there, and most of the markets in southeast, the new pretty flat zealand market up by a third of 1%. deal and the philippines driving shares in that space. 6.3%ne long-distance up by miguel long-distance purchase. a good pickup in that space there. elsewhere, mobile group on a change at the top, under pressure in singapore. we are seeing old players coming under pressure, regis resources down 4%, gold has fallen for a fourth consecutive session. , home dollar weaker today prices in australia fall by 4.7% in april, compared to the previous month. some signs of a cool down in that housing market that has been overheated. we are seeing weakness and emerging-market currencies led by the korean won. usn u.k. markets closed monday for memorial day, but the market all about when are we going to see that rate hike falling the yellen comments on friday. rishaad: getting more warning signs with wealth management products in focus. have mushroomed to a third of the value of gdp. they are cross investing in each other on top of other shaky

what we've seen when it comes to southeast asia, singapore gdp meeting expectations, a little bit of relief there given that is an exploring headwinds coming from china. -- the energy sector driving gains when it comes to the sydney session. other commodities doing very well. having a good not session at all, down over or percent. it's looking like a very solid session here in asia after what has been a very trying week for asian investors. goes. let's see where it creditors have reached an a in greece. they've also committed to taking steps to relieve the debt burden on the nation. 321 billion euros of debt following an 11 hour meeting in brussels. >> am very glad to be on to say that the imf has expressed its intention to recommend to the board to approve a financial arrangement before the end of the year. imf will go to the board on the basis of this agreement to , apart again of that program support program for greece. it's an important moment for greece after so much time. on the now an agreement ,eview and structural measure they collided into wine, if you remember this summer we agreed to finish the first review and then there would be a discu

you cannot say what it achieves in any event, was that southeast asia was not over and it probably made a contributing factor to the opening to china. but it was a bitter ending. audience member: i do not blame you or any administration. perhaps the fault is not in the stars, but in all of ourselves. mr. updegrove: last question on the right. audience member: it is a pleasure to hear you speak mr. kissinger. i may not agree with you always but you are an interesting individual. the war on drugs was issued under nixon and the long-term of it, we have more people in prison than china and many of them are not violent. you think the war on drugs was worth it and it do you think it should be continued into the 21st century, or do you think we should look at it as a failure? or was it a victory? what do you think of that, the war on drugs and its effects during the last 40 years? mr. updegrove: a domestic policy matter, the war on drugs. audience member: it was under nixon. dr. kissinger: i don't think any statement i can make on the war of drugs -- mr. updegrove: fair enough. [applause] dr. kissinger: i want to make one other point. my