i'm sure that tony abbott is more confident this time. that is why it is read presented -- it is represented. >> it is no guarantee that the repeal will be able to proceed without a couple of hitches. up until now, the senate has been controlled by the labor and the greens who have stated their opposition. but a new senate will be in place from july 1. that is why tony abbott has decided to have another go. he reintroduced this legislation a little over 90 minutes ago to the parliament describing the carbon tax as a $9 billion hit to the australian economy. he campaigned on repealing it, claiming he has a hand it to do so. well -- a mandate to do so. power will be held by a rather eclectic group as thependents as well live, united party. -- clive palmer united party. any passage of this repeal legislation will need to support. clive palmer has not stated where he stands on the petition. he is a code for -- he is a colorful character. so you can expect a bit of horsetrading. thanks a lot. >> to the other big story we are tracking, a chines

however, tony abbott will proceed regardless.eance of power will held by clive palmer and his senators and a group of independent spirit the mining magnet has something of a personal vendetta against the liberal party in queensland, so it is likely he will want to extract some kind of rice for his cooperation on the carbon of price -- some kind for his cooperation on the carbon tax issue. >> israel has carried out a series of airstrikes in syria following a cross-border attack that left an israeli arab teenager dead. nine targets took direct hits in what it calls the military headquarters. a 15-year-old boy died by what is prescribed -- described as a projectile fired from the golan heights on sunday. russia supports a cease-fire in ukraine. speaking at a commemoration for the dead in world war ii, president putin said any solution must guarantee the rights of russian speakers in eastern ukraine. separatists into it -- internet declarednsk independence and asked to join russia. over thechanged fire weekend. military officials say

tony abbott met with the president earlier this month.olution is on the way to mend relations. candidates' towns but lookingalistic to strike a balance. the next debate is scheduled on the 29th of june. on-topic will be human resources and technology. >> thank you. is australian government again trying to get rid of the carbon tax. we can head over to paul allen who is in sydney. opposition stalled this last time. is tony abbott a bit more confident now? >> the odds have improved tremendously. there will be a new senate in australia from the first of july replacing the outgoing labour greens dominated senate which was really never going to allow this carbon tax repeal to go through. 30 minutes ago, tony abbott did reintroduce the repeal legislation to parliament. a $9 billion tax hit on the economy and reiterated once again his desired to get rid of it. whether he manages to do so is still an open question. the odds have improved, but it is why no means guaranteed. the new senate, the balance of power in a new senate will be held by an ec

. >> reporter: of course the australian prime minister now tony abbott. thing that's significant that the president did say there, and this is something that you have heard over the course of the last several weeks from administration spokes people and experts elsewhere, it is the shia, sunni split that persists within iraq growing even wider of course. the prime minister nouri al-maliki a shia muslim. the administration has been critical of him excluding sunnies from the government and lay this partly at his feet. >> mike, there is also this kurdish component in addition to that as well. but why are top republicans blaming president obama for this breakdown in iraq? >> reporter: well, a couple of reasons, stephanie. first of all, this goes back to the status of forces agreement that was reached with the iraq government, or more significantly the parts of it that were not reached. there is no american residual force in iraq. no one to train iraqi forces, no one to provide intelligence there on the ground or at least over the horizon, so republicans are cr

tony abbott is asked to think care by about what the next move meanings much. >> tony abbott met with chuck hagel, and they discussed a missile defense system and agreed to continue talks. >>> a federal grand jury indicted a social media consultant on gun and drug charges. ryan chamber land was the subject of a 3-day fbi mann hunt. he was apprehended and the charges against him include adelaide possession of -- alleged possession of a destructive device. he faces 10 years in prison if convicted. >>> authorities in arizona say things are improving for thousands of unaccompanied migrant children. kids had been staying at a makeshift center with poor conditions. leaving their homes in search of a better one in the united states. as rob reynolds explains, many that make the journey believe they'll be able to stay in the country indefinitely. >>> a wall of metal climbs the hillside separating nogales mexico from its major cities. this is a point for migrant entering the united states, and where we met lydia and lefter. they arrived from honduras after a dangerous 22 day journey. lydia was

president barack obama and australian prime minister tony abbott have been discussing security and economic issues in the asia pacific region and they used the talks to turn up the pressure on china. they talked about sovereignty disputes over parts of the south china sea. obama urged china's leaders to help resolve the tensions. >> what's also important is that as china emerges as this great world power that it also is helping to reenforce and abide by basic international law and norms. >> abbott say that australia would stand side by side with the u.s. >> there are a whole range of security issues which the united states is leading on and where australia is doing our part to secure the freedom and the safety of the world and its citizens. >> obama and abbott agreed to try to speed up talks for a transpacific partnership free trade pact. they said the accord would boost jocks and growth and bring long-term prosrity to the region. >>> experts are calling for major reforms at one of japan's leading research centers. the riken institute has been hit by a stem cell scandal. the members of an i

we heard from the prime minister tony abbott, who, again, reiterated that there were correct paths to go down. he didn't come out and criticise the egyptian government, saying he didn't want to take part in megaphone diplomacy, pointing to the hope that there could be intervention by the egyptian president in the case of their australian national peter greste. we know that the man who is basically the second in charge at the egypt embassy here in australia was summoned to a meeting with the australian government, with representatives from the ministry of foreign asks the foreign ministry -- affairs, the foreign ministry. the ambassador did not go. he is not in the country at the moment, but back in egypt. details of the meeting will come out in the days ahead. as far as the parents of the peter greste go, tuesday, today, they braifl came out to -- bravely came out to front the cameras. >> reporter: the family members of peter greste were united in disbelief as they walked in to meet australian media in brisbane. it had been hours since a verdict was handed down in a cairo court. >> th

what tony abbott is trying to do, an important trading power, is to square the circle. to be a white agler saxon western nation. that's the thing he is trying to do. >> the huge part of the australian economy is tide to asia. on the other hand, they have to look to us on many levels as their principle ally for everything that might or might not happen. so it makes perfect sense. if i were he, i would have carried it further. we are also very close to europe. we are close to the north pole. we are close to the south pole. it's generous to nobody. >> i could no more imagine australia aligning with china than britain with russia. >> much more asian. >> the commercial interests are there. >> hold on, pat. i want to educate you, pat. there's an author by the name of white and he wrote a book called the china choice. it's influential. the book sparked a debate among policymakers about how to balance australia's interest. australia is part of the west and supports the u.s., but commercially, this is your point, a resource colony of china whose economy depends on beijing. >> ex

a new ngo which was rebranded government climate commission which was disbanded by the incoming tony abbottgovernment. other things the government has walked away from include the renewable energy agency and the carbon taxes due to be scrapped and replaced with a direct action plan. because of the gridlock we have in the australian senate, the direct action plan is pretty unlikely to get off the ground. for the first time since the 1930's, we have no science minister in australia. strong give you a pretty indication of where this government is headed on the issue of climate change. >> paul allen out of sydney, thanks. >> checking some other stories. in thailand junta has deployed thousands of soldiers in bangkok to head off protests. demonstrators gathered at a shopping mall, calling for a return to democracy. the soldiers played loud patriotic songs to drown out the chanting. the coup leader says the army is in total control of thailand and it will be at least 15 months before any possible elections. the u.s. has defended striking a deal with the taliban to free the sole remaining soldier

he was with the australian prime minister tony abbott, but spoke extensively about the situation in iraq laid part of the blame for what is happening squarely at the feet of al-maliki. he is the third-term president of iraq. a shiite muslim. he has been accused of excusing and even persecuting sunnis in the movement. he says he hasn't had any cooperation between the two sects. he thinks that would help solve some of the problems. if it hasn't gotten so far out of hand. and john boehner said, quote, unquote, the president is taking a nap on foreign policy while other large iraqi cities are being overrun. john mccain, lindsay gram pointing to afghanistan. the president just announced deadline for removing all american troops in 2016, saying that has to be re-thunk now. meanwhile, yes, it must be said, nancy pelosi said it, look, let's not just point the finger at president obama here and the administration. president bush in 2003 look the lid off of this snake pit, my words not hers, and allowed this to happen and this is the result a war on false pretenses, this is the result we're seeing

tony abbott's conservative government wants to open the forest for locking. coming up, the crisis in iraq is one of several hot spots. we'll run down some of the biggest threats to the u.s. next. a former president of the u.n. security council is accused of plotting to kill venezuela's president. he lies in new york. our special media producer is tracking stories on the web. >> twitter stepped into a situation in iraq by blocking i.s.i.l.'s account. i'll tell you what the tweet is that has social media privileges taken away. while you are watching, let us know what you think. join the conversation on twitter. >>> well i.s.i.l. fighters continue their struggle. other fighters who claim inspiration from islam are on the march in the middle east, pakistan and africa. in kenya al-shabab claimed responsibility for an overnight attack killing 50 people in a seaside town. thousands of refugees flee pakistan's tribal belt. the pakistani government blasts taliban sanctuaries following an attack on the karachi airport attack that killed 38 people. 80 have been arrested

and you saw tony abbott sitting there.m had to be iraq today. so much news is breaking. we want to go around the horn real quickly. two things came out of that. the president says he wants to take immediate but short-term reaction in iraq. your reaction. >> i like language. i thought he handed it pretty well. you need to come out strongly. i like to see action and communication earlier. he was pressed, john mccain, joe manchin coming out saying we need to act. we need to do some strikes, sorry, bernie, the president is even agreeing with us now. >> maybe he is finally learning to be transparent. >> the perception of him he is so weak after all these scandals, tapped off with the bergdahl trade he will try to overcompensate by flexing our military muscle. we should not get involved. sunnis and shiites we'll never get them together. we should have learned our lesson. stay the hell out. let the chips fall where they may. we'll deal with it. >> go to you, ainsley. overnight we learned that insurgents knocked over the bank in m

that will be done through diplomatic channels he have we have seen tony abbott the prime minister oftralia. david cameron the prime himster, canadian government, mohamed fahmy is canadian-egyptian, they sent a statement. many might have wanted more. they make public statements and behind the scenes, there have also been interventions. from egypt there has been a very strong push back in public we assume in private that this cannot be seen as they cannot intervene in the judiciary. the judiciary is independent, we heard that from president sisi today. i think it will take its time. egypt feels very strongly and there is public support for this trial. there is also very official, officially they have been very much standing by the government, standing by the court system. but we hope that overtime that this will be looked at again and it is not in any way contempt of court. everything that these journalists do, we all do. some of my own reports were used as evidence in the court files. it's absolutely ludicrous that this is anything but journalism. >> the bbc's chief international corr

here at the big board the prime minister of au val ya tony abbott did the -- australia tony abbott.trengthening trade between the u.s. and australia. >> magnum hunter launched a bid for one of his big oil companies going after one of his companies. >> and over at the nasdaq, vapor corp, electronic cigarette and vaporizer. says they're a vaporizer company. >> vapor i know well. this is to me a very complicated issue. is vapor causing people to smoke more or is vapor a way to get off tobacco, same amount of nicotine as the patch. the fact that this is controversial is ridiculous. i don't know anyone using the vapor as a gateway to get to lung cancer. i think people are using vapor as a way to get off tobacco and it's a i think very valuable product in that sense. >> you're having a look at the prime minister of australia getting a little bit of a tour of our building here. >> more of a businessman than they had in australia for a while. >> he has a business background. not without his share of controversy. >> but he's fun. >> usually don't think of -- you know -- >> taking a look at s

at midday the president spoke in the oval office after a meeting with australian prime minister tony abbott said iraq would need more assistance not only from the u.s., but other nations as well. >> i don't rule out anything because we do have a stake in making sure that these jihadists are not getting a permanent foothold in either iraq or syria for that matter. in our consultations with the iraqis there will be some short term immediate things that need to be done militarily and our national security team is looking at all the options. but the basic principle obviously is that we like all nations are prepared to take military action whenever our national security is threatened. >> woodruff: later, administration officials said that all options did not include u.s. forces on the ground in iraq. "the new york times" reported this morning, that iraq had asked the obama administration last month to conduct air- strikes on militants in western iraq, but was denied. at the capitol earlier in the day, house speaker john boehner had a harsh direct appraisal of white house policy to date. >> it's

president obama and tony abbott will meet at the white house to discuss trade.here are priorities in the asia-pacific region. we will hear from a possible future candidate. state secretary of hillary clinton will give interviews to abc news on her new book. we all wait to see if she will make the decision to run for resident. we will have more right here on bloomberg television. back to you. >> a look at some of the stories that we are keeping an eye on. the captainwe have of the ferry that sank in april to go on trial. most of the victims were students from a school outside of seoul, south korea. crew members have been charged, side. galaxy entertainment has a meeting on wednesday. the chairman is due to attend. operators were involved. gambling revenue missed estimates. the waiting is nearly over with the world cup. they are aiming for a fixed tournament win. they will be taking over the opening game in sÃo paulo. brazil may lift the trophy at the end of it all. back to japan, they are expected to keep steady. they will wait on expanding the stimulus until shi

they used to be a government body of the climate condition that tony abbott's government abolished.so, the clean energy finance corporation, and the carbon tax is going to be scratched, as well. that is going to be replaced by a direct action scheme. also no science minister here in australia, the first time that has happened since the 1930's, though that pretty much tells you everything you need to know about the government response to this unseasonably warm weather. >> paul, out of sydney, thanks so much for that. guest saysour next there is a limit to how much countries can boost growth. matthews, when "first up" returns. ♪ ♪ >> welcome back. you are watching "first up." pacific,ts in the asia all green. the nikkei 225 climbing almost 1.4%, australia, as well. this after a gauge of china manufacturing expanded at its fastest pace of this year. a number of closed markets to tell you about. there is no trading in new zealand because it is the queen's birthday, while china and taiwan are closed for dragon boat day. next guest thinks that asia valuations look attractive. running as i

that was abolished, as well, by the incoming tony abbott government.ere has been no energy minister for the first time from the 1930's, so while they are serious about climate change actions, these actions do not indicate that they are taking it particularly seriously. >> into stanley, indeed. all, live in sydney, thank you for that. we will be watching market action in india after the gdp came in lower than expected. the economy was adding pressure on the new prime minister to spur growth. he won a landslide victory last month on the back of promises to revive the economy. indian futures have just started trading, and let's look at that market, the futures just a little bit towards the downside compared to the last , the nifty futures just marginally lower. and in geopolitics, the increasingly strained relations between russia and ukraine, and the focus on china. we will have more on that when "on the move returns. ♪ ♪ >> russia and ukraine resume talks on a deal to keep gas flowing despite the growing separatist crisis. they paid their first bill in

president obama and tony abbott will meet at the white house to discuss trade.riorities in the asia-pacific. we will hear from a possible future presidential candidate. former secretary of state hillary clinton will give interviews to 80 news on her new book. it is titled hard choices. we will see if she makes the decision to run for president. we will have more of the news for you on bloomberg television. >> coming up next, we will have the latest on what reporters are watching on these topics change. that is when we return after this short break. ♪ welcome to the stock exchange. we will check in. a seven-month high. motor.atsu they are up. i think it is one trade. >> john is making it up. >> let me make my case. market, of the chinese that made the newspaper. they report is saying that they'll be coming back in. they will partner with a chinese automaker. they will supply them with transmissions for 36,000 cars. it is not a lot. but it is good news. in the future, they may consider supplying engines or jointly producing cars. >> we hope that chinese consumers

a few words about secretary hagel's meetings this morning with the prime minister of australia, tony abbott. they discussed the agreement that he and the president announced yesterday am a which will provide an enduring framework for the initiatives are governments embarked in november 2011. that includes rotational presence of marine corps. we are at deeply grateful for our partnership with the australian defense force. secretary hagel looks forward to discussing further cooperation at the consultations later this year in australia. with that, i will take questions. can you provide a little but more detail? can you generally say when it would be expected to get their? can you give a broad assessment capabilitiess or that the u.s. believes they may or may not have? question, iirst have nothing to announce with respect to force movements in the central command area of responsibility. the aircraft carrier bush and her group remained in the region theady for any tasking general austin cares to give them. as we speak right now, there's no aircraft carriers marching into the persian gulf. -- i d

i want to say a few words about hagel's meeting this morning with prime minister of australia, tony abbott. discussed the forced posture agreement that he and the president announced 25-year agreement that will provide an enduring framework for the initiatives governments embarked in november 2011, including rotational presence of marine and air force assets as well as partnerships on space and cyber. oure deeply grateful for partnership with the australian defense force. secretary hagel looks forward to discussing further defense cooperation at the annual states military consultations later in year in australia. questions.i'll take >> can you provide maybe a detail, do you gotten intobush has the gulf, is heading for the gulf at this point or generally you say when he's expected and can you give any broad assessment of the or capabilities, that the u.s. believes they may have? not >> on your first question, i withnothing to announce respect to force movements and area ofral command responsibility, the aircraft bush and her strike group remain in the region and that for any tasking general

. >> that's a different bloke, tony abbott. >> you all look the same. >> ouch. >> americans. i can never tell them apart myself. >> talk the same. you and the guys from mississippi. it's all the same accent. shall we continue this? anyway, let's go to the core elements of your question, which is one of what is unfolding in the maritime space and secondly what policy should be considered in response to it. i think it is fair to say that i have not seen such activity in these maritime zones. but the east china sea and south china sea, i think, at least, since the mid-70s. and you could have an argument about that in terms of what happened in the south china sea before then. and it is at a more -- at a more fractious state than i have seen certainly in my diplomatic career, which began in the early' 80s. that causes me concern. it causes me concern for one particular reason and we have never taken a position on who is right and wrong on territorial dispute. and for the simple reason the complexity is mind-boggling. that's why you have other dispute resolution mechanisms availabl

president obama today met with tony abbott at the white house in the oval office. the president addressed the situation in iraq and talk about issues like ukraine and the south china sea. they spoke to reporters for about 15 minutes. >> well, it's wonderful to have an opportunity to visit with prime minister abbott. we had a chance to meet when i had the great honor of addressing the australian parliament. and we are so glad to be able to return the favor in the prime minister's first visit here to the oval office. we don't have a better friend in the world, as well as the asia pacific region, than australia. they are a treaty ally. we cooperate on a whole range of issues. historically, there hasn't been a fight that the united states was in that australia wasn't standing shoulder to shoulder with us. and most recently, in afghanistan, australian troops have made enormous contributions and made enormous sacrifices, and we're very grateful to them for that. we had the opportunity this morning to discuss a wide range of issues, many of them focused on the importance

i had a meeting this week with the prime minister of australia, tony abbott. do know what he told me? he campaigned and the reason he was able to win as a conservative in australia is because he campaigned on blue-collar values, on working people values. ladies and gentlemen, the people of america, the workers of america know that president obama's policies have let them down. they just have to know the we care. 20 threest election, percent of people in the exit polls answered this question -- they were asked the question, what's the most important issue in the election for president for you. 23% said, does he care about people like me. those people were all lower and middle income people. all lower and middle income people. a quarter of the electorate. our candidate got 19% of those votes. i know you care about working americans because you are working americans. you need to demand your leaders to stop listening to the voices tothe big cities who want talk about capital gains and cuts for higher income individual's taxes and start talking about creating growt