/india, pakistan/india and the u.s., and then deciding what policy should pakistan or india have on their borders, i think pakistan and india are sovereign states and they would decide what is good for the policy. and the second thing is we have talked about what would india do in case another attack happens. what would u.s. do, so with all these efforts of diplomatically isolating pakistan and the liberties which are already not there, my question to the panel is what do you think pakistan will do if it is cornered? >> who would like to take that? just to make clear i don't think we're deciding on any indian or pakistani policy but we are debating it, so i don't think there's a problem there. let's go here. >> hi, my name is karen fisher. i'm currently not associated with anybody, but i've just returned from nine years of living in kashmir and 20 years in india, and my question is to -- is that your name? i'm really very happy that you brought the modi context in this debate because i think there's a lack of understanding of the radicalization that is happening in the area as a result of

a scholar of india, just returned from india last week and is fresh from the ground. sameer lalwani who is also just back from a two week trip to india and pakistan. forthcoming volume on southeast asia. glass, but not least, shamila chaudhary, state department official. i should also mention that toby just put out a very interesting book called or not peace which looks at how to manage terrorism , from pakistan to india, pretty much of it we. as we announced this event will be different in format. rather than have our panelists give us longer presentations i have requested them to keep their remarks very short, about three minutes each answered a specific questions, which if they were inviting the next where incoming us administration, what would they advise on how to manage the pakistani relationship in current and future tensions and then we moved to a free-flowing conversations among our panelists about 30 or 40 minutes before we open it up for a q&a and i will make sure we leave ample time for that. without further delay to me begin with sameer lalwani then we wi

-india and the u.s. and then deciding what policy should pakistan or india have i think they would decide in the second thing is we've talked about what we would do in case another attack happens, what would the u.s. do? with all these separate that dramatically isolate and pakistan. my question to the panel is what do you think pakistan would do if that was cornered? >> just to make clear, i don't think we are deciding on are deciding on india-pakistan a policy that are debating it. i don't think that's a problem. >> hi, i am currently not associated with anybody, but for nine years of living in kashmir and 20 years in india and my question is i'm really very happy you brought the modi context in this debate because they think there is a lack of understanding of their radicalization and that is happening in that area as a result modi's prime minister share. my questions are such in the last couple days there's been a new army chief appointed and india. .. may actually itself get more involved in working

to me, if ganga dies, india dies. if ganga thrives, india thrives. cleaning the river has become symbolic of an even bigger project. india's effort to lift its people out of poverty and become a modern world power. when narendra modi won a landslide victory two years ago, one of the first commitments he made was to tackle pollution in the river. he has promised serious money, he said he will spend more than $3 billion over the next five years on his clean ganga mission. but delivering on his promise may be one of his greatest challenges, because if anything speaks of the failure of governance in india, it is the abuse this great river is suffering. there is no better example than kanpur, 700 kilometres from rishikesh and the centre of india's giant leather industry. india is one of the biggest producers of leather in the world. most of the leather produced here is exported, much of it, to europe and the us. but the leather industry is very polluting. toxic chemicals are used to soften and preserve the hides, and many are powerful carcinogens. a local

policy toward india could, on the one hand, draw india more and more toward a more active role in east asia, particularly itself used asia with a great naval presence while ignoring indian concern with what's happening in pakistan, i think that circle can no longer be squared because of what's happening in domestic politics. if, that's a big if there is another major terrorist attack and the mastic pressure builds on the indian government to retaliate, the u.s., going back to what has been a mode that had been successful in the past, which which was to urge restraint upon india in order to stabilize the situation, i believe would be a greater impediment to the u.s. and india developing that relationship than it would've been in the past. >> that's great. think you to all the panelists. let me very quickly turned to all of you and perhaps have a discussion. you sort of made this point which i think is crucial, it's conflict management, not resolution. the question i would have have for you, but if others want to chime in, is it realistically possible for the u.s. to secure its interest

to me, if ganga dies, india dies. and if it thrives, india thrives. this has become symbolic of an even bigger project. india's effort to lift its people out of poverty and become a modern world power. when narendra modi won a landslide victory two years ago, one of the first commitments he made was to tackle pollution in the river. he has promised serious money, he said he will spend more than $3 billion over the next five years on his clean ganga mission. but delivering on his promise may be one of his greatest challenges, because if anything speaks of the failure of government in india, it is the abuse this great river is suffering. there is no better example than kanpur, the centre of india's giant leather industry. india is one of the biggest producers of leather in the world. much is exported to the us and europe. but the industry is very polluting, with toxic chemicals used to soften and preserve the hides, and many of them are toxic carcinogens. a local environmental campaigner takes the on a tour of what he claims is india's dirtiest town. in

cashing in on india's cash crisis. we talk about the opportunities in india. will talk about a potential in emerging market real estate. our guest will be here in a moment. this is bloomberg. ♪ >> this is daybreak asia. of the a quick check business flash headlines. googles a timeless vehicle unit is talking to honda about putting self trimming technology into the automakers cars. hondaal can be struck, would be the second partner after fiat chrysler. toeral motors and ford try reach an agreement but talks stalled. how to had announced plans to sell a ton was cars sometimes around 2020. is in talkst-elect over air force one. he told the tycoon the replacement job can be done for less than $4 billion. met them at his resort in palm beach, florida. arcade said they will try to bring the program down. he had said the budget for the new presidential plane was out of control. >> we will get it done for less than that and we are committed to working together to make sure that happens. to get the president-elect my personal commitment on behalf of the boeing compan

let's start in india where the craziest thing is going on. a few weeks ago the government suddenly told people nearly all the cash in circulation had to be replaced. the money in everyone's pockets is basically going to be worstless as a hillary inauguration ticket. ( laughter ) like many of you didn't like that joke, the people in india are not happy. >> in india the government plan to tackle corruption is backfiring and plunged the country into economic chaos. >> began tuesday when the india prime minister made a prime time announcement. 50,000 notes would be discontinued, the reason a crack down on counterfeiters. long queues of men and women lined up to replace old money with new. >> trevor: looks like the t.s.a. line at j.f.k. look as at that. you know all of them are randomly searched. you can see that's happening. this is crazy what's happening in i didn'in india. people have to give it away. it will be the first time in history where strippers are giving back the money. no, you take it, you, you! ( laughter ) with this huge crisis goi

in a situation where we are lost in all the conversation about india pakistan crises is that india and pakistan do not. [inaudible] you have a third-party pick about it. what's the best thing i can do quest market pakistan didn't and india close to a wall. if it's a nuclear one, great. how do you manage that situation as the u.s.? you not even talking to each other about that possibility. >> that is a real concern and a valid question. i don't know that we have good levers there to try to facilitate that intelligence discussion. the trend now seems to be to avoid those discussions and to set prerequisites rather than having any kind of discussion. at the same time, there's no mystery. people on both sides know what needs to happen on kashmir and afghanistan. the problem is largely that those views are really difficult to sustain politically because they're not nationalists and their international : >> i probably would like to do something a maybe there are channels where you could start to approach this in a way that isn't so politicized. is a little bit more in the margins. could the

not clear it's an all-out investment by india. >> how different is what india or china is doing to work alongside these companies to try and create an economic boon there to, you know, what tesla was doing when it was drumming up rival bids for the giga factory several years ago? >> let's talk specifically about what this means for apple and india. you talk about this article that came out in "the times" today about how there's an entire city called iphone city devoted to making 500,000 iphones a day and that's just one of them. the manufacturing infrastructure is already in place in china. in india, the big question will be whether or not vendors can actually make or sell the premium parts apple needs in order to make iphones. i believe one of the articles that came out today is around 30% of the parts that would go into iphones manufacturing in india would have to come from indian vendors to make the whole deal work. it's a very important market for apple. it's projected to be the second largest smartphone market in the world next year surpassing the u.s. just behind china, and apple

why has iran become so important for india? iran has become a very important supplier for india in recent times. iran was the second-largest importer -- exporter to india before the sanctions were imposed. they lost market share when the sanctions were imposed. this year when sanctions are lifted, iran will be pushing oil aggressively. on the other hand, india's oil demand is growing at a significant paste. india wants to secure and abroad and its oil sources. building started petroleum results across the country. oil month it bought iranian , which lifted the iran shipment ago, percent from month reading saudi arabia and iraq. host: how will opec's decision affect iran's position? opec's cruiser alignment is of huge significance for. it shows that they ran is emerging -- that iran is emerging as a key middle east player. edge over the its other saudi arabia and and iraqi players. the other thing is that iran is very approximate to india. host: gotcha. thank you so much for that. coming up, how will emerging markets fare under

still over half an hour for india to wrap it up. jake ball batted, jadeja bowled his seventh wicket, england all out for 207. they'd lost ten wickets forjust 104 runs. to lose a series 4—0, to lose like this displays a weak streak far wider than england imagined. and alastair cook will now consider his future starting on the flight home. joe wilson, bbc news. typical day to finish a typical tour. questions asked about alastair cook's future, the england captain faced the press. it's the wrong time to make those decisions, because your energy is low, you know, morale is low. and you can make some foolish decisions at the time. so while there's not a test match for seven months, it will seem very foolish to stand here now and make a decision, which either you regret or you don't. so, if there was a test match in three weeks' time, then you'd have to think. now there is a bit of space, why not use it? england lost the series 4—0, many predicted it would be difficult. many performance disappointing from an england side seeing battin

yet another good day for india against england. the tourists‘ chances of winning the fifth test are fast receding. and an upset in the european champions cup as scarlets hold on to secure a famous victory over toulon. good evening. news of a very important victory for manchester city in the premier league. they came from behind to beat arsenal 2—1 at the etihad stadium, and are now seven points behind the leaders, chelsea. here's tim hague. as christmas gifts go, this match is certainly one you'd want on your list. manchester city against arsenal, two teams and two managers desperately chasing chelsea. with that in mind, things unsurprisingly got physical very quickly. no kissing under the mistletoe for theo walcott and kept the broiler —— kevin de bruyne. arsenal were ahead, but it shouldn't have been the case for long. raheem sterling somehow put the ball wide, and that was as good as it got for city in the first hour. in the first half. slow out of the blocks, you could say. unlike the christmas pudding, the home side fo

yet another good day for india against england. the tourists‘ chances of winning the fifth test are fast receding. and an upset in the european champions cup as scarlets hold on to secure a famous victory over toulon. good evening. in a few minutes we'll be behind the scenes at the bbc sports personality of the year, which is about to get under way, but first news of a very important victory for manchester city in the premier league. they came from behind to beat arsenal 2—1 at the etihad stadium, and are now seven points behind the leaders, chelsea. here's tim hague. as christmas gifts go, this match is certainly one you'd want on your list. manchester city against arsenal, two teams and two managers desperately chasing chelsea. with that in mind, things unsurprisingly got physical very quickly. no kissing under the mistletoe for theo walcott a nd kissing under the mistletoe for theo walcott and kept the broiler —— kevin day brune. arsenal were ahead, but it shouldn't have been the case for long. raheem sterling somehow pu

you were travelling around india on your motorbike. tell us around india on your motorbike. tell us what went wrong. i travelled in the beginning of november down tojibe i travelled in the beginning of november down to jibe poor. i travelled in the beginning of november down tojibe poor. the first night in the hotel, there i was on social media saying from midnight tonight the rupee notes would no longer be valid, which i thought was a joke. getting up the next morning it certainly wasn't a joke, because it was reality. to cap it all, they said you could change the notes in any bank or any post office. but the following day, after the demilitarisation nowhere was open. you couldn't get anywhere. they left it for 2a hours before anywhere opened and then it was just anywhere opened and then it was just an absolute nightmare. the queues we re an absolute nightmare. the queues were biblical. i'd never seen anything like it in my life, in fact i found the whole experience quite shocking. what sort of behaviour did you witness when you were in those queues? i didn't go in any of t

they lost four wickets for just 26 runs as india closed in on victory. ravindra jadeja was the pick of the indian bowlers, claiming a career—best seven for 48. respectable innings from keatonjennings and alistair cook settled some early nerves for england. the last six england wickets though went for just 15 runs. to add to the indignity england's first—innings score of a77 is the highest by any side that has gone on to lose by an innings. but the victory confirms why india are the top ranked test team in the world. i would say it is a complete performance, from the time we were put under pressure in the first game to come back and win the test matches and coming from behind in all four games. we lost four tosses and event winning three games out of thatis and event winning three games out of that is very satisfying. as a captain, ifeel that is very satisfying. as a captain, i feel it was a complete series for us and everyone contributed at different times. the lower order stands out for me. well earlier on former england captain michael vaughan came

so out of all of india, all the train stations in all of india, you're looking for a water tower and a walkway over the train tracks? >> saroo brierley: uh-huh. basically, a needle in a haystack. >> whitaker: one night, frustrated by hours, years, of fruitless searching, he looked imagined he could have traveled. >> saroo brierley: all of a sudden i come to this train station here and i zoom down. it matched absolutely perfectly. >> whitaker: the water tower's right there-- >> saroo brierley: the water tower is right there. >> whitaker: ( laughs ) and the pedestrian walkway. >> saroo brierley: the flyover bridge, the pedestrian walkway. >> whitaker: farther on, he saw the dam where he played in the river. it all matched what he'd told his adoptive mother, sue, years earlier, down to the map they had drawn in the diary. many people don't remember younger than five, but yet you remember in such great detail. why do you think that is? >> saroo brierley: i reckon what it is, is that i never went to school. so language wasn't really in me, you know. it was all visual. my visual senses wer

india were off and running. keatonjennings, a us. india were off and running. keaton jennings, a gentle us. india were off and running. keatonjennings, a gentle return catch to jadeja. now chennai woke up. after monday, england's only incentive was to deny them victory by batting all day. with the help of an lbw root fell for six. and then this for one. jadeja, who else? moeen ali fought to get to 44. and then this. oh no. six wickets was stokes. the england dressing room was speechless. with one hour were left, england lost wickets number eight. the dressing room, right. and then the night was taken byjadeja. still a bit left. and then the seventh wicket. england out for 207, losing ten wickets in just 104 runs. to lose a series 4—0 and to lose like this displays a weak streak far wider than england imagined. alastair cook will now consider his future starting on the flight home. joe wilson, bbc news. a difficult day to end a difficult tour. questions asked about alastair cook's future. he had to face the press. it is the wrong time to face the decision. ene

this is routine in india. tom: ken rogoff on india. i will put this out on social. francine: we will talk about china. these are your financial markets starting the month on very uncertain footing. stocks in europe party which unchanged. the dollar retreating from a nine-month high. this is bloomberg. ♪ is "bloomberg surveillance." alix steel, what do you have on the show today? alix: we will be talking about oil. we are taking many different angles. there are still a lot of questions about a potential deal, especially compliance. we will be digging deeper into that as well as talking about investment opportunities. after the rally, the distress energy game is pretty much over, so where are the opportunities? we will be speaking to david foley. if you are an energy company and you need money, you call david foley. he is the man on the ground to understand implications of investing as well as opec. tom: thank you so much. quick report before we get to ken rogoff's thoughts on china. yen weaker. euro yen away from the dollar. stronger euro and yen. ken rogoff with u

it urges india to enforce those rules properly and also to prosecute officers accused of brutality. it says a key reason why it thinks these abuses are happening is because officers have no fear of retribution and it points to its claim that not one single police officer has been convicted of causing a death in custody between 2010, and 2015. the hungarian born actress and socialite, zsa zsa gabor, has died. it's believed she was 99. she made more than 70 films. as one of the first socialites, she helped invent a new kind of fame from multiple marriages and conspicuous wealth. this report from nick higham contains some flashing images. zsa zsa gabor may have been a great beauty, but she was never a great actress. i know everything — i heard the verdict. it's dangerous for you to come here. i must take that risk, and so must you. her screen career was undistinguished, though it did include camp classics like the truly terrible queen of outer space. if you must go, promise me you're going to come back to me. her greatest role was as herself, one of the first professional celebrities

this is a big yearfor india in terms of us more about this. this is a big year for india in terms of world financial markets. at the start of the year everyone was focused on the chinese stock markets when they had that incredible meltdown but beyond that incredible meltdown but beyond that indian stocks began to rise on the world stage and that was something people were searching for but that got thrown out of the window when they decided to do monetise and say you have to have certain cash in certain amount is. look at that figure, up until that moment, we start seeing those keywords being searched. -- amounts. they have to get their cash sorted out so they are rushing to the cash machine to get it figured out. what's interesting is that gold is the de facto savings of india along with cash, and what you saw is at the same time people are looking for cash machines, you're looking for gold as well. on the one hand people are trying to get their cash back into their account and putting into their other form of savings, into their account and p

so out of all of india, all the train stations in all of india, you're looking for a water tower and a walkway over the train tracks? >> saroo brierley: uh-huh. basically, a needle in a haystack. >> whitaker: one night, frustrated by hours, years, of fruitless searching, he looked out farther than he ever imagined he could have traveled. >> saroo brierley: all of a sudden i come to this train station here and i zoom down. it matched absolutely perfectly. >> whitaker: the water tower's right there-- >> saroo brierley: the water tower is right there. >> whitaker: ( laughs ) and the pedestrian walkway. >> saroo brierley: the flyover bridge, the pedestrian walkway. >> whitaker: farther on, he saw the dam where he played in the river. it all matched what he'd told his adoptive mother, sue, years earlier, down to the map they had drawn in the diary. many people don't remember younger than five, but yet you remember in such great detail. why do you think that is? >> saroo brierley: i reckon what it is, is that i never went to school. so language wasn't really in me, you know. it was

so out of all of india, all the train stations in all of india, you're looking for a water tower and a walkway over the train tracks? >> saroo brierley: uh-huh. basically, a needle in a haystack. >> whitaker: one night, frustrated by hours, years, of fruitless searching, he looked out farther than he ever imagined he could have traveled. >> saroo brierley: all of a sudden i come to this train station here and i zoom down. it matched absolutely perfectly. >> whitaker: the water tower's right there-- >> saroo brierley: the water tower is right there. >> whitaker: ( laughs ) and the pedestrian walkway. >> saroo brierley: the flyover bridge, the pedestrian walkway. >> whitaker: farther on, he saw the dam where he played in the river. it all matched what he'd told his adoptive mother, sue, years earlier, down to the map they had drawn in the diary. many people don't remember younger than five, but yet you remember in such great detail. why do you think that is? >> saroo brierley: i reckon what it is, is that i never went to school. so language wasn't really in me, you know. it was all vis

still over half an hour for india to wrap it up. jake ball batted, jadeja bowled, his seventh wicket, england all out for 207. they'd lost ten wickets forjust 104 runs. to lose a series 4—0, to lose like this displays a weak streak far wider than england imagined. and alastair cook will now consider his future starting on the flight home. joe wilson, bbc news. time for a look at the weather. all change on the weather front and not much christmas spirit in this forecast for the remainder of this week it turns increasingly stormy at times. the first signs are arriving in the far north and west where we've got widespread gales to northern ireland and scotland, severe gales unexposed north facing coasts. on top of that some very heavy rain.

india isa india is a huge consumer of dairy, whether it's yoghurt, cheese or a wide range of local sweets, but lots of the milk is collected from small farms across the country and it's often impure by the time it gets to consumers. as part of our series, we visited one dairy farm looking to deliver something safe and fresh. it's estimated that almost 70% of milk consumed in india is mixed with chemicals like you read to increase quantity and fat content. most milk on the market passes through processing plants, packers and distributors over 48 hours. for this firm that specialises in milk based products, finding good quality milk in india can be a struggle. things will be an issue if the quality is down, and if the fact quality is low then the myth dilma consistency will not come. -- -- the consistency. -- fat. each happy cows give better milk. we truly believe the product of the cowz yield is much better when we make them listen to music. when the time comes, these friesian cows wander freely to the milking parlour. their yield and general health is constantly monitored. a pa rt health

it was a historic day for india in the fifth and final test against england. karun nair scored a triple century to help the hosts reach their highest score in test cricket with india once again showing just why they are the top ranked test team in the world. nair came into the match having scored just 17 runs in two test innings and became just the second indian ever to score a test 300. but conversely it was a highly disappointing day in the field for alastair cook's men in chennai. india's 759 for seven declared was the most runs that england have ever conceded. it never took place in our mind because after two or three the team management had certain plans of declaring. within the space of five overs i think i got to 280,285, that's when i started thinking and the captain was aching me onto not throw it away and get to the 300 easily. my game doesn't change much, it's just the mental approach that changes and in test matches you have a lot more time to get set and then play big. the approach doesn't change much at all, i don't play different shots in any ot

i'm not talking about india. the nonstate actors involve in the process are also involved in afghanistan and now. so that's the common link and that's what i'm focusing on right now, during my time at the policymaker in the u.s. government. that's what we were kind of honing in on, and that's the -- the india-pakistan relationship has tons of problems many of which will just by bilat program and the u.s. doesn't have a roll until it's needed but i think if you want to focus on pakistan you have to question, do these policies work? is it in our interests to continue whatever engagement we have with nonstate actors and in our interest in the context of the region and the united states and uk are looking at this with deep concern especially with isis and other jihaddist elements finding private support networks in pakistan, whether the state is involved or not. so this is a much bigger issue than just india not being responsible or pakistan being the bad guy here. >> so two things on the modi election, one, from my

india had registered their highest ever test score. in reply england survived the five overs but look like they had had enough. in two days they will be on the plane home for christmas, in spirit they were already long gone. we were out there to win this, you know, the last couple of test matches, so they won't want to get on the plane in a couple of days' time after losing another test match, they will want to bat as well as they can to bat out the three sessions. australia survived a mighty scare in brisbane after pakistan felljust 39 runs short of completing what would have been a world record run chase in the first test of their series. they were set the unlikely target of 490 but pakistani began needing 108 i’u ns 490 but pakistani began needing 108 runs with two wickets remaining. the last of which fell just a0 short of victory. quick reactions from australian captain steve smith. less so australian captain steve smith. less so from the pakistani batsmen. the second test is under way in melbourne on boxing day. that boxing day

one is india's role. the other role is, the other two are the biggest parts, domestic, security terrorism threats or regions where pakistani states have been struggling with it and all of them go back to afghanistan. pakistan has virtually fulfilled its prophecies of indian role in afghanistan, because the afghan cannot simply go and lie down in graves and hope for the best. if they are attacked, day in, and day out, by an insurgency, i know there are recent reports that the taliban moved into helmand, but those are questionable, from what we know from our sources, that's not true. maybe the reality is that the taliban leadership is going to helmand frequently, but the real, they still hold meetinged and ma khannie is more ascend ant within the talibanie hierarchy which also goes back to changing the outlook of the taliban from being a nationalistic or islamist movement or transnational movement open to alliances with al qaeda or other international terrorist or extremist groups. so this indian role in af

if they stop what it's been doing, i think india will pull back. the other big thing for pakistan is the whole situation. [inaudible] pakistan has invested a lot of money and effort in bringing stability to this area. i'm happy to report there is stability. i just read something about the area and the situation there has improved and people are going back, millions of displaced people. but what pack sign pakistan said it's unwilling to do is implement political reform. you can't have this region in pakistan which is outside of its mainstream league of political mainstream and hope that there will be an insurgency and hope that it will be prevented. if pakistan recognizes stability and pushes it back into afghanistan or gives them an incentive, a real real incentive to engage in negotiations and denies them covert aid, then i think it will be a tremendous boost and they will also be a good thing for this pakistan china court or for economics. then this whole thing about short-term security interest is also true of russia. although the russian role,

she's from india. she talked about her own upbringing there. when we sat down for an interview, i asked her about being born a girl in india and rejected by her own family. when she was ill and young, her father said she should not get any treatments. >> my father picked me up and threw me away when i was 6 months ol. that old. >> i was sick and the family decided that i should just be left to die. but, there is been many other times when i was sick and i was denied treatments. and that's just one of the many, many million cases in india. >> talk to me stella, about your experience as a journalist working in india. >> what i tried to do is get the stories of the people who have been most under reported so it is more about gives voice to the women. that particularly perceive in danger where nobody can trace you unless you have come back. what kind of danger and are you talking about life-threatening danger? >> some of them are life-threatening? >> it begins by trailing on social media and e-mails, sending you intimidating e-mails and it is follo

india, they had this huge storm all the powers out. the atm machines -- it is one of at reasons you need cash around. >> one of the things we're buying physical goods so they can spend their a haircut.ke rolexiano stores and watch. would you anticipate people hold their wealth try to in some physical good so not all of their wealth is able to be tracked in the banking system? >> that's sort of all ready true the legaltent in economy and in the illegal economy. some that happened to extent. gold coins, for example not cash. as liquid rolex watches can be counterfeit. is to make it harder. they had crime before they had currency.ny kind of >> howard university professor is staying with us. we'll tell you why cash is still world. this this is bloomberg. >> "what'd you miss?," india may notesliminated 23 billion from circulation. cash is still in many other parts. of physicalue dollar doubled since 2005 to $1.48 trillion. at this.ok we breaks down cashes by shares countries. ismany and -- still with us kenneth rogoff howard university prof

and the india/u.s. relationship is also very important. >> absolutely, by the way, donald trump spoke at length during the campaign. we got a lot of support here in the united states from a lot of hindus, that was a key constituency for us. he's been very effusive of his praise of the prime minister of india, of modhi, i think those two men are going to have a close working relationship, which is very important. the u.s./india relationship, look, we're friends with both. i would say india is a more dependable friend. it's less complicated than pakistan. india need not worry at all in a trump administration about the friendship of the united states both in security terms and perhaps more importantly in economic terms. that we're going to have a fair and free trade relationship with them. indian-americans shouldn't worry that donald trump has anything but their best interest at heart. he used some flowery language. he was very complimentary. he made no policy pronouncements. we would never turn our back o

india blamed terrorists based in pakistan. india and pakistan both claim kashmir and control different sections of it. muslim separatists in india have been fighting since 1989 for independence or to be merged with pakistan. >>> in afghanistan gunmen have killed the chief of a radio station in the eastern province of logar and no one has claimed responsibility. two masked attackers opened fire on thursday afternoon on the car as he was driving back home from work. they then pulled him out and killed him, the associated press reported. the afghan journalist safety committee or ajsc has called 2016 the bloodiest year for journalists in the history of afghanistan. it says ten reporters were killed in the first six months. ajsc has recorded a total of 54 incidents targeting journalists in the first half of this year including murder, physical assault, detention and intimidation. the figure is up around 40% compared with the same period last year. he had run the local radio station since 2002. the station's news anchor said the kil

here's how india might look from the plane home. it's a view england must have longed for — one more day. but with the foretaste of christmas, the collapse came after lunch. cook, the captain, first out. jadeja the bowler once more. from 103—0, england were 207 all out. ravindra jadeja took seven wickets. when he wasn't bowling, he was fielding. jonny bairstow on one — up, up, and out. jonny bairstow on one... up, up, and out. ravindra jadeja's catch, who else? still, moeen ali made it to 44, then this. six wickets. dawson followed for nought and the england dressing room was speechless. an hour left in the day and england lost their eighth wicket. dressing room, right. it came to ravindra jadeja to take the ninth. jake bowl batted and ravindra jadeja with another wicket. they had lost ten wickets for just 104 runs. another wicket. they had lost ten wickets forjust 104 runs. to lose another wicket. they had lost ten wicketsforjust104 runs. to lose a series 4—0 is one thing, but to lose like this displays out weak streak for

shehedn sachs has slasg india gdp numbers. this survey occurred after the november 8, ninth announcement from prime minister. previously people were looking for 7.8%. you can see it is a big difference. areasr --rur world al areas hit hard. here is what the analysis shows. far less chemistry over the first 51 days after the move is announced, a 10% drop in economic activity but as cash, >> we will see the banks with composites boosting bank output. there is a wealth of fact were the wealthiest indians who are the ones most targeted by the government are going to lean on poor indians for smaller accounts, maybe pay them some fees to channel the money for them. but online, that impact according to bloomberg intelligence is only going to take 0.0. 2 percent of gdp. they are seeing a 7.5% from a little bit lower than the 7.7% they were forecasting. ours from now we are expecting the r.b.i. to cut. rishaad: nice one, kathleen. joining us from new york. haidi: we will have more analysis to ahead of the r.b.i. decision a little bit i

india are closing in on england's first innings total of 477. at the close of play the home side are 391—4, trailing the tourists by 86 runs. the lynchpin of india's innings was kl rahul, who was out on 199, just one run short of his double century. the men who'll return to the crease tomorrow are nair, who's on 71 and vijay who's 17 not out. jim lumsden looks back at the action... there has been little to sing and dance about her england. india's motto has been anything you can do we can do better. the target was 477. the 150 partnership was slugged out in some style by patel. soon after, he provided a little relief for a grateful england into the hands of jos for a grateful england into the hands ofjos buttler. pujara didn't hang around, going cheaply to alastair cook. bradl swatted his way to his fourth test 100. —— rahul. it was pedestrian stuff from cook's men. in sum, the attention started to wonder. the last time kohli picked up a bat, he stayed for days, making 235. not this time. not many wickets were falling. england's frustratio

india will want to eclipse the first innings of england. they can put some pressure and open up some mental scars through the top order of england and may be set up a victory for them, maybe a 4—0 win in the series. england wants to remove the series. england wants to remove the wickets of india quickly and give themselves a first—innings lead. so far that has been no deterioration, but england hope they can make some breakthroughs early on the fourth day. and staying with cricket news. pakistan are still in with a chance of an unlikely win in their opening test against australia. they need another 108 runs but have just two wickets left going into the final day in brisbane. chasing a world record 490 to win, they are 382 for eight. asad shafiq will resume 100 not out alongside yasir shah. the first—ever us grand prix snowboard big air at copper mountain in colorado was held on the weekend with temperatures as low as —25 degrees celsius. this was the first time in more than eight years that a slope rather than scaffolding was used.

and i see this a lot, because when i go back to india, i find that there's almost no mentorship. so here, when i compare that, i feel like, "oh, my god. this is..." all of us have access to so many good mentors, and i think that's something we can leverage easily. i find that, even in east paolo alto, where we're doing a little bit of work, to find -- for young students to find mentors from stanford is easier than i ever imagined now. so it's something that -- it's crucial. it's sort of the dna of the valley. the reason the valley is so successful, i think, is part -- successful in innovation -- is because of this whole notion of giving back selflessly and unconditionally by the mentors. >> all right, margaret, asha, chris, we have a lot more to talk about, but right now, we do need to take another short break. we'll be back with more from our a.p.a. community leaders with interesting conversation. we'll be right back. ♪ with advil, you'll ask what sinus headache? what stiff joints? what time of the month cramps? what nighttime pain? make all your pains a distant memory with ad

looking for manufacturing in india. their slice of the smartphone pie. in many developed economies we talk about the two horse race between apple and some song, you look at this graphic and you realise how many makers there are, and why apple is such a small player in india. many makers there are, and why apple is such a small player in indiam makes the point that we tend to think of the high—end mobile phones, you are going to talk about far more user—friendly phones if you are going out to india, for example, when you are talking about that networks that cannot support a lot of the functions. they are talking about india overtaking the us in being the second largest market in the world for smartphones, so it makes sense for apple, if it has stalling sales, to start trying to get into india. the save santa's sherry campaign has been launched by the wine and spirit trade association, sales of sherry has more than halved in the last decade. iam glad more than halved in the last decade. i am glad we have got onto the serious issue! this has been the bi

people in india have until the end of the day to hand—in high denomination bank notes which are being taken out of circulation. last month, the government surprised the country by announcing it was withdrawing the two most popular bank notes which account for more than eighty per cent of all cash. the move was designed to tackle corruption and tax evasion — but it has caused widespread chaos. yogita limaye reports from mumbai. this workshop used to be a hive of activity. at least 20 people worked here, making hundreds of leather wallets a nd here, making hundreds of leather wallets and purses every week. now there are just four. after the government withdrew most of india's banknotes in november, work has almost come to a standstill. translation: i need cash to pay my workers and to buy raw material. no one accepts checks. we don't have the means to make digital payments, nor do the people we purchase goods from. we cannot operate without cash. most of my workers have left andi cash. most of my workers have left and i don't have any orders, either. some businesses have simply had to

the chairman shortlisted nine candidates in india and outside india. the end ofntil february to finalize the new name for the new chairman. angie: thank you, we will leave it there, live from mumbai. making the stories headlines, they sell a mouse $800 million of shares for shipping. 22% premium in hong kong. proceeds used to replenish bad loan manager's core capital. the banking securities regulator has approved the deal. shares,check of cosco 1.5% higher. sell inmay be able to long beach, nearing the end of sales of key assets, after that liquidation. approve their stake in the operation, but no details of been released. also -- already owns a 46%. angie: fiscal year earnings, a surprise third-quarter profits handset tofrom software. earnings per share was two cents, compared to a one cent per-share loss. margin was almost 70% of revenue, the highest ever. the ceo says blackberry can do even better. before we go, we have to tell you about the embassy in washington, plans to hold its national celebration at the new trump international hotel. it is coo

india was a shining light. india was the one still growing very strongly. yet now we have this big concern. that said, things have improved , at ther, even russia risk of changing dynamics in the emerging world, certainly this is part of it. interestingl be what the r.b.i. governor has to say about the impacts of this policy. manus: you mentioned you merging markets. we had that discussion at the start of the show with the uae oil minister. it's a good deal, a rallying call, it will rebalance the market. opec has done well to get a deal on the table. what does it mean for the broader complex if everyone gets to 55? jane: if the oil price rises too high, you will get more production from the u.s. self-limiting a number on the price of oil, whether it's 55 are closer to 60. certainly you will again see greater supply. were not anticipating you will see a continuation of the gains in oil, and that is huge, that you get the opec members sticking to their -- they don't have a good track record. think russia remains an interesting one. thank you very much, jane f

india is there, those are the second tier countries. a lot of emissions. i just want to let you know the reality here. my main presentation is this. one part succeeded. i think this is a very important thing to consider when you talk about the future. first of all, there were some political elements. a sense of urgency, of france and germany playing an important role. i expect an initiative there. they did quite a lot. $100 million for the egotiations. the french government was working on this, including the president and foreign minister and her. the professor said, if a u.s. played an important role in terms of removing bifurcation. that is very important. terrorism, as you might remember, the 13th of november, there were paris attacks. we thought it could be counseled because it was only a few weeks before. e were very much worried about that. the french government, i think the support of most of us, decided go ahead. on the 30th of november. on the 30th of november, we had head of state from about 150 countries. it was remarkable. as far as i remember,

key is definitely the currency in india. there are a lot of people who don't have access to the technology needed to make online transactions. so they are trying to push india in this direction. it is a big bank in ways to help that happen. but it was a brave move will tell of course, short-term pain for long-term gain in all that, but is narendra modi's support holding up well in all this? >> it is holding up, saying it is right to target unaccounted wealth, but also critics are saying it disproportionately hurts the poor, because a lot of the less wealthy do all their transactions in cash. a lot of them don't have bank accounts. it has hurt them to switch their old rupee notes into new ones. cash, can't get access to and they need to buy things. rishaad: they have to set up a brand-new industry to get around the rose. working hardeople to get around the rules. for theomic forecast last quarter of the year down to 6.5%. all this has critics saying this is not helping india at all, but the long-term moving forward into the n

you have to get india involved. india's the check to pakistan. and you have to get india involved. >> so, maybe when you become president of the united states, you have to say, really nice things to these leaders, and, and they'll kind of understand the terrible things you've said about them in the past? >> well, it's -- it's what policy are we going to adopt? one of his main platforms is to stop issuing visas to immigrants from countries that back terrorism. almost all of them are muslims. you know, muslim countries. he talked already about banning muslims before. are we going to now not issue visas to pakistan. does he keep that promise to his voter base? what is the message to pakistan? it's a very dangerous country. it does have nuclear weapons. and the real, immediate issue he'll face is afghanistan. pakistan has sheltered the taliban. not just al qaeda the taliban are making huge gains in afghanistan we still have thousands of troops there. within weeks of him being in office he's going to have to make decisions about do we keep u.s. troops

india fancied a four nil series victory. he continued to be made, and england bowlers struggled to contain him. it has been a mark of the store that whenever england's assumed they put ona whenever england's assumed they put on a substantial innings total first, indian skip part it. —— india skip past that. one fell an hundred 99 yesterday, but i triple century was made today. england little more than spectators. 300 runs was broken with one of the great batting performances. india have registered their highest ever test score. in reply, england survived 35 overs but looked like they'd had enough. in two—day's time they will be on their plane home from christmas, the spirit already long gone. fifa has fined all four home nations for commemorating armsitice day during world cup qualifiers last month. england and scotland players wore poppies on armbands. wales and northern ireland's games featured displays on the pitch or in the stands. england has the biggest fine of 35 thousand pounds, with scotland and wales each fin

still over half an hour for india to wrap it up. jake ball batted, jadeja bowled, his seventh wicket, england all out for 207. they'd lost ten wickets forjust 104 runs. to lose a series 4—0, to lose like this displays a weak streak far wider than england imagined. and alastair cook will now consider his future starting on the flight home. joe wilson, bbc news. time for a look at the weather. all change on the weather front and not much christmas spirit in this forecast for the remainder of this week it turns increasingly stormy at times. the first signs are arriving in the far north and west where we've got widespread gales to northern ireland and scotland, severe gales unexposed north facing coasts. on top of that some very heavy rain. at least the heavy rain clears through quickly due to the strength of the winds. not bad for the rest of the afternoon across eastern scotland, spots of rain and into the lake district and west wales. central and eastern areas, a better day in comparison to recent in terms of sunshine coming throug