western australia has been hard hit with the downside in mining.said the country will go along with whatever opec decides of a key meeting this month. he said all indications are that investors want an extension on the production curve the started in january. iran was allowed to increase its output. crude has lost all of its games and will cut them in november. goldman sachs and citigroup, both opportunities in the oil markets. goldman says oil will decline if opec extent production cuts beyond june. city said the oil prices slumped to a five-month low driven by technical trading. the company's head of commodities set oil is a buy. >> i expect it is a great buying opportunity, but the market is pricing in. robust see even more inventory growth. there will be a shift in sentiment. that will boost the price going forward. they are acting a big jump in price by the end of the year. rosalind: the premiere of taiwan is eyeing opportunities in china even as they will boost trade links with the united states and southeast asia. the first meeting was almos

one analyst saying all of the money western australia could potentially get from the levy may just beedistributed around australia because that is the way the tax system works here. thed on the early reaction, western australian premier seems to be cooling on the idea of it. paul: thanks so much, allen in sydney. back on the fed, the president of the san francisco fed saying the reduction on the balance sheet will not be a problem for the markets. in fact, it will be boring. we will have another opinion in the next hour when st. louis's fed president joins us. kathleen hays is watching all of the fed speakers. he was saying it will be an uneventful thing for the market. >> he can say all he wants and fed officials have. are market investors understandably wondering what will happen. betty: this has never happened before. we know the fed signal they wanted to start balance sheet reductions. the minutes of the march meeting got the conversation going more. for the first time, the fed outlined potential steps for how they will do this. john williams said in prepared remarks and in a grea

a look at the business flash headlines, western australia could raise billions of dollars for mining iron or early as a lump sum. this would be made incident increasing the rent tax. the proposal has had a lukewarm response from bhp and rio. the government says it could take decades. betty: struggling italian flag carrier alitalia has been hit by industrial action with hundreds of flights canceled. unions demanded they nationalize the airline which went into administration after years of losses. they lent more than half $1 billion to cap -- keep flying while searching for a buyer. vietnam's dominant airline could be the first to list its shares abroad. the city have been approached by london, hong kong, and singapore. ony recently eased rules foreign investment in hanover. they could boost the ownership limit to 49% from 30%. >> we have been approached by some foreign stock exchanges including london, hong kong, and singapore which expressed their interest in our stock. we don't want to hide our hope to become the first vietnamese company to list shares overseas. vietnam's first quar

. >>> i know it's no surprise you would find a giant crocodile like that in western australia. >> thatt is huge. and matt and his buddy were out there fishing on the river and matt said his friend was really excited because he'd never seen a croc. so they decided to get a little closer. >> whoa! >> [ bleep ]. >> it's monstrous and moves so swift. >> now it's in the water and you don't know where it is. >> that croc was not really happy about having nap time interrupted. neither is this dog in ireland. >> okay. >> jack wasn't expecting company. >> was it monday, by any chance? no! no! weekend's still going! no! >> nobody likes solicitors at the door. >> can i open the door? >>> everyone's talking about it. >> i am so excited to be a part. >> the big announcement. next "right this minute." >>> and still to come, restaurant customers are about to be delivered a smash -- >> oh! and there was a table full of people right there. >> what went down outside that led to a dinner and oh no. >>> plus jessica's got a great idea to brighten up your pool party. >> let's make new lights. >> how easy i

an sos signal made of rocks in a remote part of western australia has prompted fears that someone, oress signal was spotted by a helicopter pilot, leading to a ground search by police, who had to reach the area by air because of tough terrain. authorities have now appealed for public help after failing to find any indication of recent human activity. that's a summary of the latest bbc news — more at 9.30am. i want to bring you this which has just reached us, labour has suspended one of its vice—chairman in surrey after he suggested the government itself could have been behind the manchester bombing. daniel uihlein, the vice—chair in water, said, iwould not daniel uihlein, the vice—chair in water, said, i would not put it past our establishment and right wing government or theresa may to blow up their own people in order to continue to secure power for themselves. the labour party has confirmed to bbc surrey that he has since been suspended and today is the re—newspaper says the conservative candidate dominic raab has described the comments as extremely offensive in countless ways as w

i am blessed to live in a beautiful part of the country in aspirins, western australia.e sand dunes which are basically about five kilometres from my home in esperance. came up short and it bucked me over the handlebars and it bucked me over the handlebars andi and it bucked me over the handlebars and i landed over my head and, yeah, it left me unfortunately paralysed from the armpits down, so a major transition from the normal life i was going through. so, the sites that you are seeing our regular down there, and i just that you are seeing our regular down there, and ijust sit down on the footpath, or the car park, wherever ican footpath, or the car park, wherever i can sort of access the beach the best, and fly it from there. 0bviously with wildlife it is difficult to know when it's gonna be there and stuff like that, so it does take an element of luck, for sure. there are about 200 million views across my videos now. i have been very blessed, for sure. incredible pictures. that is it for now. i will be back shortly with the headlines. you can get in touch with me and

western australia still have a depressed.been a bit we're seen in my opinion the bottom of the cycle there. up.gs are picking you're seeing capital orders, people starting to spend money again. it might not go back to the days years ago. mcmullen, president and ceo of stillwater mining company. let's check in with kevin at capitol hill for the latest. the healthcare vote. >> you're right. i made it over from the senate where all attention is going to out. it's a passage of this healthcare reform bill through the house. aid toldith one senior me, they're anticipating about 12 no votes. thatdless of the bill makes it out the house of representatives, all eyes turn to the senate where prominent republicans have severe concerns about the issue of preexisting conditions. arguing that representative upton his plans a $5 billion increase to clause over five year period, $8 billion increase isn't enough. tim scottt senator had to say to me earlier today. >> the prospects going forward it's murky. we don't have a clue. is, house planit plushed up some of the accounts for preexisting condition

western australia could raise billions of dollars by asking rio tinto and bhp billiton to on iron ore far from bhp and rio. western australia is looking to reduce its $22 billion debt pile of which the government said could take decades. >> that is it from us here on "daybreak asia." haidi has been tracking developments out of north korea. we are seeing market reaction limited, but what is the reaction so far? it takesu wonder what for these korean equity markets to have any sort of reaction that is anything more than just sanguine. this is the ninth missile test from pyongyang, so certainly up the saber rattling out of north korea and creating a headache when it comes to the incoming new president, moon jae-in. this may force his hand. we are continuing to monitor statements coming from south korea and japan. also, what china can do about the situation, because they have been under pressure from the u.s. to do more to curb north korea. >> indeed, right, and ending on china, china's central bank said to be changing how it calculates the daily reference rate. it has been slowly creepin

rishaad: western -- yvonne: western australia to benefit from a road and rail incentive.ll be announced in the budget where half of the money goes to the real project and the rest for roads and bridges. western australia was hard hit by the downturn in mining. they say it will be good for jobs. iran's oil minister says they will go along with whatever opec decides. they have all indications there would be an extension of that started in january. they are rebuilding sanctions. crude lost all of its gains since opec agreed to cut in november. goldman sachs and citigroup see opportunities in the oil market. goldman says stockpiles will decline if higher prices make extended production cuts beyond jim. oil is a five-month lows, driven by technical trading. the head of commodities research said oil is a good buy. >> i suspect it is a great buying opportunity here at them like -- the market is tightening up here we will see more robust draws when that happens. it will be a shift in financial sentiment, and it will boost the price going forward. we are expecting a big price jump

angie: western australia could raise billions of dollars by payng rio tinto and bhp to a levy on ironeen met with a luke warm response. western australia is looking to reduce its $22 billion debt pile , which the government said could take decades to pay off. , any: oil and natural gas unexpected drop in quarterly profits, despite higher prices for crude. missing estimates on gas revenues and a jump in policy ngn, seeking to raise output as india looks to cut its dependence on oil imports. byie: alitalia has been hit action with hundreds of flights canceled on sunday. unions walked out, demanding the government nationalize the airline. the airline went into administration this month after years of losses. is in its second bankruptcy in 10 years and has spent more than $5 million to keep flying while searching for a buyer. shery: let's head over to vietnam, first quarter growth at the slowest pace since 2014, but prime minister nguyen xuan phuc remains confident that the annual target will be met. right.that's he spoke exclusively to aheaderg's haslinda amin of a trip to washington to

after eight years in the navy, he moved to western australia where he worked in carpentry and constructionhe resettled in queensland where he managed an infrastructure company before retiring to the sunshine coast. >> mr. roger spooner is a veteran of yorktown and enlisted at 18. he served aboard the yorktown and later at midway, where it was sunk by japanese tornado -- torpedoes. he was in japan when the war ended. hometown ofto his iron city, georgia, where he lives today. let's welcome mr. john hancock. he joined the navy at 17 and served as a gunner. he was once again aboard the yorktown in 1942, when it was sunk at the battle of midway. he is a retired navy captain and now lives in athens, georgia. wendell enlisted at 17, was a crew member aboard your town at sea and yorktown. he returned to pearl harbor to help repair the uss virginia. he eventually moved back home to lawrence county, alabama, where he ran a small business and worked at the local paper mill until 1992. welcome mr. andrew robertson. he was awarded the king's medal in 1942. he is a veteran of the korean and vietnam war

an american indian reservation but have visited the equivalent in other parts of the western world such as australia, and new zealand, and any book i do talk about how the birth of american society was also synonymous with great hardship for maybe people, including native americans, there was a phenomenon called manifest destiny, the westward advance over the united states in the neighbor of liberty and paroling and also meant that native americans lost their land and we know that many of them were massacred and mass atrocities during that period. >> host: if manifest destiny a unique trait of america? >> guest: yes and no. so ever since the time europeans came to north america, there was the idea that it was a special land that could be molded interest an ideal society and that was true for the so-called new world, that other europeans discovered. the founding fathers in many cases felt that providence was on their sound as they founded the american democracy we have today, and still in 19th 19th century there was another period with manifest destiny where the country started expanding westward but

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china, by japan and australia's biggest trading partner. in the westernunited states is number one. and it begs the question whether donald trump or turnbull want to upset relations that could potentially impact this. the short answer is likely not, especially as they meet today and as you said as this bromance continues. one thing that is a sticking point that we just got some word on in the past hour is a deal on the transfer of refugees from papua new guinea as the island -- and the transfer from those countries to the united states. right now we are taking a look at live pictures from the uss intrepid, what is happening here is mr. trump and mr. turnbull are expected to speak in front of this audience. they are celebrating the 75th anniversary of the battle of the coral sea. that was the first time the u.s. and australian forces turned back the japanese in world war ii. waiting for any headlines to come out of that. but the economy and the refugee deal, donald trump said, is all sorted out. so, they are joined to put the past behind them and maybe thi

intelligence sharing between your country and mine and our friends in canada, australia, new zealand, is the basis of western this time. so, please, let's make sure that it works. steve: that's right. we can share it. we can't leak it to the process. thank you very much. brian: coming up straight ahead, more on the attack and a controversial way to stop people from coming terrorists in the first place. should we make immigrants assimilate, force them to become american or society become american or society citizens? >> i wanted to know who i am i had no idea. just to know this is what i'm made of, this is where my ancestors came from. and i absolutely want to know more about my native american heritage. it's opened up a whole new world for me. discover the story only your dna can tell. order your kit now at ancestrydna.com. brtry new flonase sensimists. allergy relief instead of allergy pills. it delivers a gentle mist experience to help block six key inflammatory substances. most allergy pills only block one. new flonase sensimist changes everything. brian: back with some breaking stories stories. the 42-ye

australia. jefferson did something that was like the latter. when thomas jefferson was born in 1743 virginia in the piedmont in what was then more or less the western boundary of euro-american expansion in north america. he was born more or less a prince. his father was by far the most important influential man in his whole county. andrew jefferson of whom thomas was very proud throughout his life had authority in his county that rested on four bases. the first was a tie between virginia and the united kingdom. most particularly, the common ground had a monarchy. sackett was -- the second was the feudal land holdings that kept very few people on earth a large share of today's virginia. historian named holly brewer who then was at north carolina state university calculated 20 years ago that in 1776 when he was drafting the independents. he was held by 85 families. 85 people on two thirds of today's state and for people who aren't from virginia, a little bit of that is fair, the state in which i live in connecticut has eight counties. the more or less 300 square miles that were on fight each of those 85 families in virginia and 1776, 300 square miles

western values in the region. >> that is the a matter for the president to raise with his counterpart at the appropriate time. but the fact remains that it is in the national interest of my country, australiad indeed, the national interest of the united states to have strong engagement with all of the nations in the pacific, that includes, of course, the philippines. >> what keeps you up at night? >> there is plenty to worry about. it is very important to give this advice to everybody, make sure you get your sleep, no, i think in terms of the national security issues, the two that are most pressing at the moment in my mind, the north korean situation, which we have spoken about, involves thebattle to des in the middle east, and, indeed, around the world. this struggle against terrorism, this violent extremism, isil and daesh, the destruction of isil is of extreme importance around the world. >> bret: thank you for the time. >> thank you. >> chris: coming up, we'll bring in our panel to discuss bring in our panel to discuss what happens next with health bring in our panel to discuss what happens next with health for years, centurylink has been promising fast internet to small businesses. bu

australia, new zealand. i thought new zealand was the marker for a good tax code. i went to canada, mexico, i went inprobably 12 countries western europe and seven countries in eastern europe. i covered the waterfront. i went to japan and china and malaysia for this book, so i saw different models. some countries have very good ideas, and some countries have stuff we should never do. host: give us an example of what we should never do? guest: you know the carbon tax, democrats really like that. it brings in money and fight global warming. australia tried it. it lasted two years. australia past a carbon tax -- passed a carbon tax. anyone who omitted carbon had to pay it, so the power companies were the biggest payers. everybody's electric bill went up in the first month, and then the power companies very thoughtfully wrote on the bill "the reason your bill went up is because of that rock contacts." two years later, the new government throughout the tax, it was so unpopular. that turned out to be the wrong way to go about this process of trying to tax carbon emissions. host: what else did you see but didn't like? guest: the flat t

western digital. help -- bid is -- to >> thank you so much. bring us the will minutes of this month reserve bank of australia meeting policy makers kept the cash no supplies at all. paul allen joins us from sydney. what is the commentary? what are we likely to expect from the rba minute? more i think we will hear on what the governor's favorite topics at the moment. he's made a number of speeches about the way that is heading. while i won't be reflected in the minutes, we had that on monday when we saw unexpected contracting but investment loans are rising 8/10 of 1%. obviously plenty of mileage in that are committed for the reserve bank governor. we're watching for commentary around the jobless figures, which has been nudging up and wage growth, which remains stagnant. we will also have more data on that this week. betty: the rba would also like to see the lower australian dollar. it might just happened. -- happen. might get there. hedge funds have been changing their positions. we have a chart to show you. this is data from the commodity futures trading commission. he chose contracts on the australian dollar have slipped below 13,000. those

western digital is trying to interfere in the sales of its memory chip business. they came through with third-quarter numbers but falling on the back of this about them the afr bank levy in australia 15% on these reports of that china make a merger. also we are waiting the us inllion budget, 7:30 p.m. austria. bond bearers are looking at the yield curve, you can see this. there is speculation that the the white line-- could steepen further with the us trillion governor and expected to announce the big spending budget on infrastructure. you are seeing the yield higher. represented by the pink line. we are expecting to see a lot of announcements about infrastructure spending from the turnbull government. manus: thank you. budgetee where that detail delivers. voting is underway in south korea after a campaign dominated by scandal. potential trade disruption with the u.s. and growing worries about its unpredictable neighbor to the north. what are you seeing on the ground on election day? shery: voters have already cast their ballots. it expects around 80% voter turnout for this election. it is a most five hours to go for the pulse to close at 8:00 p.m. and we are continuing to see a s