in fact they are too deep for taiwan's own security sake. >>reporter: at this early stage, the benefits of improved cross-strait relations may still be more psychologicalthan statistical...for instance, in boosting investor confidence. >>: take taiwan's stock market. it was one of the world's leading performers in the first half of the year. >>huang: this is a very good result. if you consider under this recession, this is really very very good. if there's no recession probably it would be even better. >>reporter: but analysts warn that the liberalization and improvement in ties can't continue at the current pace...not after decades of mistrust and hostility...and with the question of taiwan's political status unresolved. >>huang: we are getting into the more sensitive complicated process and eventually we will touch the most sensitive political issues. but i do not think it's in the next three years >>reporter: by which time president ma hopes he will be re-elected to a second term in office. >>abirached: president obama's decision to deliv

the rice is in taiwan. we have to ship it to south africa. it's offloaded to another ship which takes it to mozambique. now, please, realize this. every time hands touch the rice, it costs us money. and when it gets to mozambique it's taken off, put on trucks, and then it goes across mozambique into malawi, 11 million pounds. now, you may be saying, larry, are you sure you can do this? yes, we can because we've already done it for kenya. 11 million pounds and what a difference it made in the lives of kenya's hungry children. now, will you help us do the very same thing for malawi? for only $10 you can help provide 500 meals. for $30 1,500 meals. i don't know what your level is, but, please, call right now. and if you like, put it on your credit card. or you can go to our secured website. if you'd rather write out a check and drop it in the mail, make it out to feed the children. send it to box 28. that's oklahoma city. zip 73101. and in the corner of your check, just write the word "rice." thank you for helping us move us 11 million pounds of

we all know that taiwan has long been a very important factor in japan china relationships in u.s.-china relationship speak how do you you see the taiwan being affected in the new japan china relationship and the new japan u.s. relationship? thank you very much. >> okay, i see continuity in the u.s. cents. i think the administration has started out very clearly in terms of our international commitments. we worked very closely over the course of the last several weeks in a humanitarian effort in response to the tragedy in taiwan with the typhoon and i think you are going to see dialogue and appropriate interaction between the united states and taiwan. i am going to leave it to mike to talk about what we think we might expect to see between japan and taiwan and indeed other countries. i would say one thing about the overall campaign generally. there has been probably more of the focus on domestic issues then financial issues than there was on international issues. that does not mean anything necessarily going forward but as a general proposition that was the case. in terms of specifi

they have come from all over taiwan to see him. [laughter] >> he mesmerized the crowd of mostly time when these people, cracking jokes from time to time. -- taiwanese people, cracking jokes from time to time. most of the time he answered questions and he offered prayers. >> the purpose for me being here today is because of the recent typhoon. almost 500 people lost their lives. the surviving families left behind are grieving. they are devastated. they are injured and full of sadness. >> those who came here to see him said that he has taught them how to live as good human beings. they disagree with beijing this says that he has ulterior motives. >> it does not matter his religion, his visit here should be meaningful to all of us. it is not just about politics. >> even if people criticizing him, he still loves them. he does not differentiate. >> relations between taiwan and china have only recently improved following decades of tension. beijing has strongly criticized the visit as being politically motivated. 20,000 people have come

in taiwan, the market to a scaling 12-month high today.but of course, the big news out, the premiere has designed, the president has accepted that resignation basically on the back of the public backlash and how the government handled typhoon morakot which killed people in the month of august. in terms of market reaction, taking a look at tomorrow to how it does. it may not be that bad for economists saying there's no upcoming election, there may not be a reaction other than a political one. >> thank you very much, adam. >>> well, coming up, the u.s. markets are closed today for labor day, but when they open tomorrow, will they be selling off in september or maybe some buying on the back of this activity we're seeing today here in europe and overnight in asia? well, we'll soon see whether or not the mother of all bear market rallies is over. welcome to progressive.com. you must be looking for motorcycle insurance. you're good. thanks. so is our bike insurance. all the coverage you need at a great price. hold on, cowboy. cool. i'm not done

he went to taiwan with us. in the late 1980's, tie 1 health care was worse than america today. about half the population had no coverage at all. this man was one of the officials charged with designing a new system from scratch >> taiwan's a small island. we always look abroad for ideas. we say the track of the previous car is the teacher of the following corporate guest: so it is saying to follow the tracks? host: yes. find a new track, if it does not work. guest: they asked william show to head up a panel. he designed to tie one health care system. this covers everybody. they adopted the canadian model. they did this in 1994. we went to a hospital and a fishing village on the coast and there was a woman in the hospital and she was taking blood pressure. i asked her if she worked there and she did it as a volunteer. after what she volunteered. in 1980, this was before they had a health care system in taiwan, her mother got breast cancer and died. there was nobody to treat her. she died at like 46. in 2005, the daughter gets breast cancer but there is that a health care system

in 1980, this is before taiwan had a health care system, her mother got breast cancer and died. there was no hospital in the town. nobody to treat her. she died at the age of about 46. in 2005, mrs. lee, the daughter gets breast cancer but by now, there's a health care system that covers everybody and there's a hospital in her town and she went in there and of course they treated her cancer and saved her life for free. and i said to her, right over there is professor bill shao from harvard, he designed the system that saved your life. he put this hospital in your town. tie what these woman she walks over -- taiwanese woman, she walks over to him she has to say that to the this man, thank you for saving my life. she's chinese, she walks over to him, and just gives him the most imperceptible bow. one-inch bow, and walks away. i thought, that was a perfect way in asia to say thank you for saving my life. a great moment. >> as you watch, and we've had many, many hers on this network in the last few weeks, of these town hall meetings, you see very sincere people standing up, saying,

the former leader of taiwan to be put on trial.e onetime president has been sentenced to life in prison after being convicted of corruption. the court found that he had embezzled state funds, laundered money, and accepted bribes. his wife are also received a a a what -- a life sentence. -- his wife also received a life sentence. >> his critics said this is a long time coming. even back in 2006, there were tens of thousands of people protesting, calling for him to step down because they were alleging corruption by him and his family. it were very happy to see this verdict today. but the supporters were very unhappy and they say is political persecution and he is being unfairly singled dark for prosecution. and that enormous in -- it is in revenge against anti china because he was pushing for independence of taiwan. courts also this hour, there are reports of gunfire -- >> also this hour, there are reports of gunfire in uganda that left at least seven people dead. the riots in the capital of uganda erupted on thursday. most of the ci

former leader was first arrested, this case has grabbed the attention of the 23 million people in taiwanthe arrest and trial of the former leader was unprecedented in its short history as a democracy. the first president elected from an opposition party, he vowed to root out decades of corruption. he was later accused of corruption himself. nearly a year after his arrest, a court handed him the heaviest penalty. >> he was found guilty on six charges. he was sentenced to life imprisonment and fined 200 million taiwanese dollars by the court. [screaming] >> his supporters protested angrily outside the courthouse, demanding his release. they say the case amounts to political persecution and that he has been unfairly singled out. the critics of him see the case as a sign of progress. that in such a young democracy, even former presidents can be held to account. mr. chen says he is innocent and the case against him is the wind cut the is a witch hunt of the current government. wife was also sentenced to life in prison. another 12 defendants including his children and former staff were convict

. >> the former president of taiwan has been sentenced to life in jail for corruption.e was charged with forgery, monday -- money laundering, and bribery it worth millions of dollars. his wife was also convicted and got the same sentence. >> from the time the former leader was first arrested, this case has grabbed the attention of the 23 million people in taiwan. the arrest and trial of the former leader was unprecedented in the short history of the island as a democracy. the first president elected from the opposition party, he had vowed to root out decades of corruption but was later accused of corruption himself. nearly one year after his arrest, the court handed him the heaviest penalty. >> chen was found guilty on six charges. he was sentenced to life imprisonment. he was fined 200 million taiwanese dollars by the court. [screaming] >> dozens of his supporters protested angrily outside the courthouse, demanding his release. they said the case amounts to political persecution and that he has been unfairly singled out. his critics see the case as a sign of progress t

we all know that taiwan has long been a very important factor in japan china relationships i u.s.-china relationship speak w do you you see the taiwan being affected in the new japan cha relationship and the new japan u.s. relationship? thank you very much. >> okay, i see continuity in the u.s. cents. i think the administration has started out very clearly in terms of our iernational commitnts. worked very closely over the course of the last several weeks in a humanitarian effort in response to the tragedy in taiwan wh the typhoon and i think you are going to see dialogue and appropriate interaction between the united states and taiwan. i am going to leave it to me to talk about what we think we mit pect to see between japan and taiwan and ieed other countries. i would say one thing about the overall campaign generally. there has been probably more of the focus on domestic issues then fincial issues than there was on international issues. that does not mean anhing necessarily going forward but as a general proposition that was the case. in terms of specifics outside of the u.s.-ja

. >> varios cargamentos de comida llegaron a h@ultima horah@txn÷x taiwÁn tambiÉn ofreciÓ ayuda. >> cuandoa. >> una entrevista con el expresidente de costa rica. cuartes su reacciÓn con respecto a que la bolonqui dijo que en honduras no hay posibilidades para una elecciÓn creÍble en honduras. >> tengo serias dudas de una reacciÓn de este tipo porque, digo, la evidencia parece indicar que las condiciones son por lo menos tan razonables como las que ha habido en otros elecciones que han terminado siendo aceptadas por la comunidad internacional. algunos de los paÍses que dicen que no van a reconocer las elecciones en honduras, acaban de reconocer que no hay problemas en las elecciones del irÁn, por ejemplo. >> muchos paÍses latinoamericanos, hoy estÁn exigiendo el retorno de manuel zelaya a la presidencia. >> creo que eso es de esperar, es lo que uno ha oÍdoen las Últimas semanas. no sÓlo latinoamericanos, tambiÉn los propios estados unidos han dicho algo similar. sigo pensando que eretorno a la presidencia del presidente zelaya es lo deseable, tengo mis dudas de si a esta altura el tiempo pa

there are others are quite close to taiwan. i will not knowing the names, but there are differing views on this. -- i will not go into names but there are differing views on this. it makes it easier on everyone for taiwan policy, at least for now. i don't expect any big changes. >> ok, next question. here. she has got a mic there. >> reuters news agency. following on that same, you know -- this is probably a mike green question. the dpj is a broad umbrella of factions, some right wing. is it possible that there is a history view that they will deal with with asia, and it will raise hackles on the side of the party? you could have been doing something are saying something provided. the non-ldp government, they assembled a crew of right-wing people in their cabinet. >> i think there is breathing room on the history is you. i think that hatoyama's promise not to go to the shrine, it did not cause great backlash. on this issue, there is a little bit of room on this issue. there will not be pressure within the dpj. but you are right

we all know that taiwan has long been a very important factor in japan china relationships in u.s.-china relationship speak how do you you see the taiwan being affected in the new japan china relationship and the new japan u.s. relationship? thank you very much. >> okay, i see continuity in the u.s. cents. i think the administration has started out very clearly in terms of our international commitments. we worked very closely over the course of the last several weeks in a humanitarian effort in response to the tragedy in taiwan with the typhoon and i think you are going to see dialogue and appropriate interaction between the united states and taiwan. i am going to leave it to mike to talk about what we think we might expect to see between japan and taiwan and indeed other countries. i would say one thing about the overall campaign generally. there has been probably more of the focus on domestic issues then financial issues than there was on international issues. that does not mean anything necessarily going forward but as a general proposition that was the case. in terms of specifi

in taiwan, parliament has been known to have food fights. and in baghdad, president bush learned quickly how to dodge a flying shoe. overseas, everyone is considered fair game. the prince of wales has encountered not just hecklers, but topless hecklers. even pope john paul had to suffer a heckler or two. the pope true to form chose to turn the other cheek. which is pretty much how the president played it today. >> we all make mistakes. he apologized quickly. and without equivocation. and i'm appreciative of that. >> there are those who believe this buttoned downtown could benefit from a little more instant feedback. >> i think less decorum is a good thing only if you have more contest and more intellectual weight. i think the issue here -- >> if the debate is really a debate. >> if the debate is a debate i don't think it matters how loud you talk. it doesn't matter if you're screaming at the top of your lungs or doing it in signals. >> it's certainly one way to get your point across and around the world, it put us in good company. i'm david

we obviously saw rumors earlier which confirmed that in taiwan with the china government and this pushed the financial futures very strong early on. so we've seen this sort of sentiment coming through. people are very nervous. the market is very forthy at the moment and it does need to calm down a little bit. >> alexis, what do you think? do you think markets are looking frothy and things need to calm down a bit? >> yeah, i think that we agree. when you look at the stock market currently, i think on an absolute basis, it is fairly valued. but when you look at it on a relative basis, when you look at equity versus bond or cash, i think then there is some room to go because it's still, i think, the asset of choice. so we always have no returns in cash. if you're an investor and you have to put money to work today, we believe you should go into equity but stick with defensive names. avoid low quality stocks. quality has underperformed during the last six months and this is probably is a good strategy to be staying good quality stocks. >> this is mike huckman in the united states. last night

taipei, taiwan.network arrives at a courthouse to answer charges of corruption. both sides of the case make their statements to the press... >> [ speaking native language ] >> narrator: ...but when the men meet inside to file their lawsuits, civility goes out the door. [ indistinct shouting ] finger-pointing turns to fisticuffs as so-called "gentlemen" take on the role of street thugs. a vested marauder goes for a knockout and topples his white-collar foe. but guards give him plenty of payback... and quickly break up the rest of the high-ranking horde. it brings at least a temporary truce to this match of political will... that became a bout of physical strength. coming up, a gutless boyfriend proves that love really hurts... coming up, a gutless boyfriend proves that love really hurts... >> [ screams ] coming up, a gutless boyfriend proves that love really hurts... >> [ screams ] but put a ring of cheese in the crust and...jackpot! (announcer) introducing pizza hut's new stuffed crust pan pizza. you

our alliances with japan and korea and the philippines are guarantees to taiwan and eastern europe areooted in the cleavage of the cold war. interesting noun, incidentally, and he is now saying that is irrelevant. what does he think our allies are thinking who hear this? obama's speech is alarming because it says that the united states has no more moral right to actor to influence world history than bangledesh or sierra leone. it diminishes the united states deliberately, and wants to say that we should be one nation among others, and not defend the alliance of democracies that we have in nato, for example, or to say as every president who goes before obama that we stand for something good and unique in the world, and it is not the equivalent, for example, of the alignment of chavez with ecuador and bolivia and nicaragua and russia and cuba and iran. that's what i think is alarming about obama's speech. bret: steve, one of the things here at the united nations, obviously, every year are the bilateral meetings that happen outside this building behind me. yesterday we >> saw the israeli

you like taiwan, thailand, singapore and new zealand. what's the basis for your pick these? >> i think what we are seeing is basically an outlook for asian markets which is relatively benign. we do acknowledge that obviously there's been a recollection back in share prices and as such, what we suspect will happen in the coming six months is that prices will move higher on a regional basis but the environment will be dominated by rotational trading and a search for where the relative value is. so the key to doing well in that particular environment will be to search out where there are areas in the market where there are fundamental improvements in place. and watching those particular criteria, we feel from a geographical point of view, there's taiwan and ultimately it's a positive view towards the technology sector where we think it's not just the short-term rebound in earnings, but it's the long-term revision in what's going on and what the growth that that sector can deliver over the medium to long-term is likely to turn out to be. and then we think rather than being in an

. >>> i think that was a piece of cake in a taiwan assembly. off of wednesday's night heckle, let me bring in our roundtable. george will, david brooks, sam donaldson and cokie roberts. the heckle did get so much attention wednesday night because it was relative -- we have seen it before, something that blunt, during a presidential speech. is it a sign of times? >> i hope so because what it makes it news is how rare it was, 1856 a south carolina congressman brooks, defended earlier, went on the floor on the senate. went on the floor. he beat summer so severely, he was out of the congress for three years. >> that was progress from earlier times. you know, hamilton was the most abdul's political speech. the sitting vice president of the united states murdered his political enemy over what was said in a political campaign. but they used to call each other on the house of the floor of house of representatives. all time. >> that kind of civility has been with us always. i think in this case, joe wilson is part of that scene of joe mccarthy destroyed

a court convicted -- taiwan. a court convicted the previous president.ourt sentenced his wife to a life term. the couple was fined a total of what amounts to 50 million u.s. dollars. australia. a school bus colliding with a car and unswerving into the side of a cliff. the bus was carrying almost 40 children. an ambulance worker says seven of the kids have serious injuries. the wreck killed two people in the car. italy. the coast guard rescuing 42 immigrants from the water after their sailboat ran into a rock. it began after police saw a group of immigrants who managed to swim to a beach. helicopter picked up three kids and a man who could not swim. police are looking for those responsible for illegally transporting the people into italian waters. that is a rap on this "fox trip around the world in 80 seconds." we now bring you the story of a man by the name of tom clark. he was working for the new york transit authority on the day of the attacks. he saw the towers come down and helped dig through the massive amount of rubble for survivors. his account of

this is a cynical deal, but perhaps you could support it the way that you would say we derecognized taiwan in the nixon days in order to achieve a strategic advantage in having relations with china. the problem is there is not a shah ed are of evidence of a deal and if not, what this is a capitulation to russia. this is an earthquake in our relations with eastern europe and the beginning of their detachment from the american umbrella and it is the abandonment of serious missile defense. it is a huge, huge setback. >> i agree with everything that charles said. you know, the chances of the russians siding with us and imposing really stiff sanctions on the iranians like, for example, cutting off gasoline is practically nil. i mean, they have said over and over again that they are not going to go for sanctions, and i don't see that this capitulation is going to change their minds and all that does is make the united states look incredibly weak. i don't even think that there is a real military case for this, but the iranians in february launched a satellite. what is a satellite? a satellite is

i was in taiwan last year where my parents are originally from.s interesting, you ride down the streets, they have entire families on these scooters, kids and all. it's like a clown car scooter. around. >> i'm sure there's quite a bit of balancing on getting all these people on one scooter at

. >>> i think that was a piece of cake in a taiwan assembly. great moments in legislative incivility. off of wednesday's night heckle, let me bring in our roundtable. george will, david brooks, sam donaldson and cokie roberts. george a little context there. from around the world. but the heckle did get so much attention wednesday night because it was relative -- we have never seen it before, something that blunt, during a presidential speech. is it a sign of times? >> i hope so because what it makes it news is how rare it carolinan congressman brooks, defended earlier, went on the floor of the senate. holding a cane and accompanied by a man with if a pistol who was to hold up the other members. he beat summer so severely, he was out of the congress for three years. >> that was progress from earlier times. you know, burr hamilton was the famo famous duel's political speech. they used to call each other on the floor of the house of representatives. go out all the time. >> that kind of civility has been with us always. i think in this case, joe wi

and i think in jan whereivil society has been compared with korea, for example, or taiwan, where civilsociety has been slow to grow, the dpj is going to be very supportive in terms of tax laws and powering ngos. that's a good thing, i think, for japan. i think women are going to have a more active role in the dpj. it's going to break open some of the old holes on political promotions and political participation. immigrants in japan, korean citizens living in japan or koreans with japanese citizenship, n immigration. i think the dpj is going to be more open in these areas and this will make japan a more dynamic and open up and that's good. although, it is entirely possible that this time next year i'll be giving a talk about how the lbp is back it's in a striking majority in the house and the economic forecast forjapan, the dpj is going to experience as a problem and it's quite possible in the upper house election next summer the dpj and forcing the dpj to resolve internal contradictions and then unravelling them. i think these structure politics in japanese politics is likely to contin

clothing and shoes are made in china and taiwan. this needs to stop.nd when you say we're the largest manufacturer in the world, yes, if you count all the product other countries are making. i wish you would start telling us the truth. guest: there is a lot of obscurity in the way these numbers are calculated. i do not know exactly where he is talking about with wall street product being canada's manufacturing. but america is not doing well. he's exactly right. that is a structural fact about the economy that we have to get serious about. what will we do about jobs? what are we doing about retraining? what are we doing to create incentives for entrepreneurs? simply putting barriers in place such as manufacturers not being able to go overseas will be an exercise in futility and ultimately make america pour -- poorer. ultimately, we need to look to the lens of entrepreneurship. host: a free market without regulation, it is written, foments agreed and fraught -- greed and fraud. guest: i disagree. the economy is more than just supply-side. we understand t

can go, to japan, south korea, taiwan, we have a conflict security sgt in the south china sea. happened to the security of japan and u.s. and every other country related to the situation? they say they're trying not not to let that happen. -- they're trying not to let that happen. the facts are different. i think it is very complicated and a sensitive issue. but it has to work and we have to work and work hard. in a very good will attitude to avoid any trouble that may occur in the region. we need to have good relations with the u.s. and at the same time we need to have good relations with china. because our people, generation to generation, will be there. we cannot be separated from the mainland and floating down towards new zealand. we have learned and we are trying to find a good way to live with china. i can assure you, it can be hard to live with china. and the fact of the pressure coming from china, it is true. the number of company relating to oil and gas in particularç d the pressure of china has been true in the context of vietnam. bp europe in the u.k. is also true.

this is what is happening, the latest wires coming out, former taiwan president was found guilty on friday and sentenced to life in prison. hong kong shares gained, meanwhile, 0.4%. the gain necessary china did very little to help hong kong move higher. in japan, slumping 0.7% as the stronger yen hurt the exporter stocks there, especially the automakers and after the markets closed, we had npp dokomo planning to launch a debt takeover for net mobile's closing share price on thirs thursday. over in sydney, australia, shares closing at an 11-month high. of course, the nation's biggest department store, meyer, said it would float the company on the stock exchange this year. on that note, let me send it over to brian in the u.s. hello, bien. thank you very much, christine. today in the states, we have three economic reports. out from the university of michigan, we'll get consumer sentiment numbers. analysts are looking for a september reading of 67.0. we'll have the report on august import prices. in terms of that one, forecasters believe the numbers will show a 1% drop in the first months fol

meanwhile, in taiwan, that market closing up is .2%. just after the bell, umc the second biggest tripmaker come up with its sales in the second straight years. on that note, back to mike in the u.s. >> thanks, adam. it's looking like we're going to have a is 1% higher open, as well, as a quiet start to the weak for economic daddy with a big report. the fed's page book trade deficit and consumer sentiment out in the week. today, though, we will we will get july consumer credit figures. congress returns to work today after a month-long summer recess. health care reform will be high on lawmakers' agendas. president obama was out in the midwest on monday morning on the holiday making his case for reform and he'll do it again in a prime time speech to congress wednesday night and that is your global stock watch. maura. >>> coming up next, japan's bank lending growth has hit its slowest pace in 12 months. >> and in the u.s., you may have seen stock futures are showing positive moves. are we on the cusp of a september surgeon, maybe? stay tune

south korea and taiwan both had their best finishes of 2009. everyone, i guess, inspired by the 100 points or so we gained on the dow yesterday. >>> guy johnson in london, what's happening where you are? >> mark, we're fairly flat at the moment. a decent pop yesterday. today we're just marking time. european leaders are meeting in brussels to get their story straight in advance of the pittsburgh summit. there's talk coming out of the french and german camps, serious split with washington, bonuses and capital requirements. there's talk that the eu might go it alone on these issues. the other banks are indicating that would put them at a considerable disadvantage with their u.s. peers. lets me talk you through what's happening. we're getting down to session lows at the moment. the stoxx 600 up 0.1 of 1%. big news yesterday in ireland, the toxic asset scheme, details were unveiled. far more lenient than anticipated. the irish banks are absolutely flying. up by 21.6% on allied irish. another stock is eads, airbus is upgraded today, quite strongly o

it was a concern about their internal affairs, whether it was taiwan, tibet, human rights issues.there has always been concerned about this type of intervention. on the other hand, they want to be part of the international community. in the last 25 or 30 years, they have been more and more accepting of international institutions being a part of them. they join the non-proliferation treaty, the wto, all this. china does not want to have everybody agree on sanctions and they are the only ones holding out. i do not think they would veto it. i do not think they want to be the lone voice that people point to and say you are the one preventing strong sanctions against iran. that leads to what the russians do. if the russians moved to tougher sanctions, china will have to go along with it. to answer your question directly, they will not be especially vocal in those talks. host: boston, democrats line, doug, good morning. caller: is it not true that under geneva conventions, if israel strikes iran without a united nations security council resolution, then they are guilty of a war crime an

two in japan, two in taiwan. it's going to have to be part of the energy mix. it's got a real sovereign component. nuclear is highly regulated. nothing happens without the government involvement. but if you want to have a low co2 solution, nuclear is going to be a piece of the equation in most countries around the world. p ge has a 55-year heritage in nuclear. we're very capable through our partnership with hitachi, we can build nuclear plants in less than six years. we keep them on schedule. we know nuclear will take off some day in the united states and we're going to be well prepared to execute on that demand. >> one of the big problems with nuclear, of course, is the issue of waste, the nuclear waste. it's my understanding, and correct me if i'm wrong, but new -- the latest generation of nuclear plants, at least deplete the fuel even further so there is less waste? >> the newest generation of nuclear plants are safer. you know, that's -- and simpler. >> god, they have to be. i understand that. what i'm talking about is -- >> controls. >> -- where are we on

-- taiwan? these conflicts occur in the south china sea. what would happen to the transportation to japan, u.s., and every other country relating to the region? the city would try not to let that happen -- they say they would not lead to try -- they say they would try not to let that happen. i think it is very, very complicated. but we have to work. we have to work. and we have. we have to work in a very good will attitude. we want to avoid any troubles that may occur in the region. we need to have good relations with the u.s. at the same time, need to have good relations with china. -- we need to have good relations with china. because our people, a generation to generation, will be there. we cannot be separated from the mainland and flowed down to new zealand, which will be very peaceful. we have to learn -- we have learned -- and you're trying to find a good way to live with china. -- and we are trying to find a good way to live with china. we have a struggle. we will have to live with that. we know how to live with china. on the fact of

beneficiaries are going to be the corporations which produce goods cheaply, ie the companies in china, taiwan, korea, india, and so forth. >> puru, question about that free trade. we got out a report friday that reported there were 121 blatantly protectionist measures being implemented effectively by the g-20. as we head into this meeting this week, what kind of protectionism do you think we'll see implemented? and what kind of impact do you think it'll have? >> well, julia, i really hope that they don't come up with anything stupid because protectionism hasn't had anybody -- in fact, it's led to a depression and world wars and so forth. i think that protectionism would be insanity at this point because the last thing the economy needs is trade barriers. this is a time where people should get together and companies and corporations should try and get this thing off the floor. i think policy should be put in place which foster a trade. and i think any policy which goes towards embargoes and so forth and even protectionism would be a massive mistake. i don't think the leaders are that stupid th

the largest creditor nations in the world are china, japan, korea, taiwan, singapore, all of the assets are in asia now, the largest debtor nations are all in the west. yeah, it's going to resolve itself over time, but over time is a long time, i'm afraid. these things don't resolve themselves very quickly. if you start have protectionism or currency crises, we don't have time. currency crises you can't sit around and say, don't worry, over the next 15 years everything's going to be okay. they're worried about the next 15 minutes. >> jim rogers and vince farrell, thank you for joining us, and you're sticking around. and now we're going to be hearing more about lehman brothers. >>> coming up in the next hour of "worldwide exchange," one year ago the banking landscape was changed forever when one of the largest investment firms in the world went bankrupt. was it avoidable? and what have we learned from it? >> i do believe that the options that were available were all looked at and none of us wanted this necessarily to be the answer. but that was really the only option that was left after

angela merkel, australia, mi5 in england, the israelis, south korea, taiwan, canada, you know, the list goes on and on. people who have accused the chinese of doing some type of reconnaissance ahead of time and trying it sort out vulnerability. there certainly seems to be more evidence on the chinese side than the russian side. the only thing we see on the russian side is the need to what they call -- and i think there's an honest debate going on in russia right now. the debate is over, should we or should we not prepare a common -- what they call information space that everyone can access. so that everyone in those agencies can access so they have the same systems and nomenclature and the terms and the understanding is the same. and the reason they're having this debate is because the question becomes, what's the end use of this thing? and they're very good at trying to come up with an end use before they actually do it. so they're asking one another, what's the purpose of this. i understand that it helps coordination, it helps us talk and everything but is there actually a use for it

we had had a good joint venture with taiwan, with brazil, and we opened qp the economy for more competitiveness that have the monopoly do not like it because they do not want to share, but to accumulate. and we open up a policy to reach to countries who are completely isolated from venezuela, cuba, brazil, argentina the foreign policy great. cuba has a program that teaches people to read and write. there is a campaign. they have done 38,000 orations in hduras. the sioux have not paid their eye operations, they cando it. all seconds help tundras with energy without having to ask tok for it. the country thatas aigration and economic influencd. but to say that due to the influence that is why the coup tooklace dividends just helping socially programs. these are the main elements that precipitated the coup as i see them. the affects of the coup have been extraordinary. the president condemns the coup publicly. the obama administration could do other things, but we believe that there is more to be done. i will be meeting tomorrow, and we will have an opportunity to discuss some ideas that need to be

scotland, taiwan, south africa, australia with their kangaroo. what do we have right? nothing. cities are going out there, places like new york, places like las vegas. well, it's not as easy for some small places in minnesota or north dakota or vermont or new hampshire to do that, but this is a chance where we can actually promote our country internationally. and we are in major competition for international travelers but we are not competing.in 2005, greece spent more than $150 million on travel promotion. france spent $63 mlion. that's what we're up against. it's time for the u.s. to catch up to the rest of the world. it's time for us to play on an even playing field. seco, the bill will establish the office of travel promotion in the department of commerce to work with the corporation for travel promotion and t secretaries of state and homeland security to make sure that international visitors are processed efficiently. it is time to cut through the red tape so we can get the people in are going to these countries to come to our count country. we have always been a country t

in japan, taiwan, and singapore, and hong kong, they spend less hours, and yet they're beating us every single time on math. it's not the number of hours, it's the quantity of hours. i think that's what we need to focus on. >> we'll get some calls in, 1-877-tell-hln is the number. what do you think of this idea? will more time in school equal better test scores? call in.            d >>> a brutal deadly beating. this hour, three people charged with first-degree murder. basically kids themselves, as you'll see. a vicious attack captured on cell phone video. it's disturbing. darian alper, 16 years old, an honor student, kicked in the head, hit with a two-by-four in the head. a good kid by all accounts. promising future. he's dead. even his makeshift memorial was burned. how does this happen? why was he even a target? >>> also this, a group of sex offenders just released from prison, they're homeless, penniless, living together in a wooded area in the suburbs, kind of like a tent city for pedophiles. we want them away from our kids. is this the safest option? as always, we take

singapore, taiwan and japan all less. so we are already number one in the hours in the classroom.beat us in most academic tests. so if those kids in those countries are going to school less and they are doing better at tests then we need to ask x. how our kids are being taught more with fewer hours. i think poorer kids would do well to go to school throughout the year studies would show they don't have parental influence to help them during the summer. brian: give the kids answer just to beat us. this is something you might have republicans and democrats actually have agreement on. both sides might want to do this. here is the president. now he says i no longer school days and school years are not wildly popular ideas not with maliyah and sasha not in my family and probably not in yours. but the challenges of a new century demand more time in the classroom. kids from disadvantaged homes their schooling stops abruptly. two homes and sings gel parent. gretchen: that would help for retention throughout the summer. if you are a parent a lot of kids go to after school. what would ham t

we had a good joint venture with taiwan, with brazil, and we opened up the economy for more competitivenessnow those that have the monopoly do not like itecause they do not want to share, but to accumulate. and when we mpened up foreign policy to reach to countries that honduras was completely isolated from, i.e., venezuela, ecuador, brazil, argentina, then foreign policy was great. cuba had a program that teaches people who are illiterate how to read and write. there are shelf campaigns they have done 33000 operations in honduras for those who cannot pay, their eye operation. they could do it. also, chavez has held honduras and all countries with energy without having to ask for it. this is a fallacy that they did, the coup had to do with chavez. chavez has now military or onomy influence. the country that has migration, economic and cultural influence is the u.s. but they have used chavez name to say that due to chavez's influence, that's why the coup took place. but chavez was just socially with programs. these are the main elements that precipitated the coup. the effects of the coup hav

we used to buy them from taiwan, now we are buying from china. this true for a very broad range of electronics, all the ipods and iphones and things like that, which are being made under contract in china. most of the high-value at a content originates in china, but it is taken from china and assembled into the final product that we buy in large quantities because of our in satiable are seemingly insatiable demand for various kind of electronic toys. . that is my first question. what do think about that? my second question, what do they intend to do, as far as china keeping their yen so low? this whole thing about the global market, the u.s. is sending money abroad. net me put it like this, their monetary base is a closed system. there are a lot of gaps with u.s. money going to mexico, through canada, okay? to me, that is devaluing the dollar of the u.s. printing money is not the problem. printing $10 million, $20 million, you are knocking your head against the wall. guest: china has signed up for some provisions under international law. this has

media to this election is evidence of the historical role that japan has played along with taiwan andouth korea as a sort of u.s. client state, japan being the strongest of the three ? guest: there's been a really remarkable amount of u.s. media interest in this election. japan hasn't gotten that much attention. 15 to 20 years ago when the japanese economy was very strong people worried about japan. there were opinion polls in the u.s. in 1988 where more americans said they were afraid of japan than the soviet union because of the powerful japanese economy. this election, because it is so historic, has brought a lot of interest, which i think is good. i don't think this election fundamentally changes the strength of our alliance with japan. it is good we think about how important japan is to us as an ally. it is the second largest contributor of funds to the world bank. we host our major military bases in asia and japan and work closely with the japanese on everything from climate change to global development to afghanistan. so, the elections brought focus on japan and i think it is g

we used to buy them from taiwan. now we are by given china. we used by some of them from malaysia or other places that are not coming from china. stakeout on china's trade again. this is true for a very broad range of consumer electronics, all the ipod and iphone's and things like that are being made under contract in china. most of the high-value added content does not originate in china but it is taken to china and a sale in the final product that we didn't buy in such large quantities. because of our insatiable or seemingly insatiable demand for various kinds of electronic toys. >> host: our next caller is very on independent line in tampa, florida,. >> caller: how are you doing, sir? >> guest: good. >> caller: i need to get you to answer, i have like three questions i will make it quick. in regards to us exporting to china, my basic problem with that is tires i don't mind about, but it is a machinery, computers and technology that they tend to take over their and the engineers make it a little better and sell it at a cheaper price. so that