drew closer to japan. the shapiro's were moved by the japanese government from yokohama to tokyo, where the family experienced deadly bombing raids. mr. shapiro: the year 1945 began with the familiar sound of air raid sirens which woke me shortly after midnight. i turned on the radio to hear an announcement that an enemy plane had been seen flying toward tokyo. from my bed, i saw the aircraft smashing. my 14th birthday, january 5, fell on a friday and i woke to the sound of bombs falling all around us. by the time i was dressed, i could see flames in the distance. looking up, i saw japanese fighters flying to meet the b-29 super fortresses. i saw one of them go down in a blaze of fire, even as anti-aircraft guns were blazing. i heard a loud noise and saw a large metal object dropped into the compound in front of my house. it turned out to be a shell for my 12 millimeter american canon. a short time later, to air raid wardens arrived and demanded we turn it over to them. after an argument, we handed it to a

drew closer to japan. by the iros were moved japanese government from yokohama to tokyo where the deadly xperienced bombing raids. >> the year 1945 began with a sound of air raid shortly ich woke me up after midnight. i turned on the radio to hear an that one enemy plane had been seen flying toward tokyo. my bed i saw the anti-aircraft guns flashes. birthday, january 5, was on a friday and i woke up to the sound of bombs falling all around us. i the time i was dressed could see flames. japanese fighters flying p to meet the b-29 super fortresses. i saw one go down in a blaze of even as anti-aircraft guns were blazing. suddenly i heard a loud noise saw a large metal object drop into the compound in front of our house. it turned out to be a shell from a 12 millimeter american cannon. a short time later two air raid ardens arrived and demanded that we turn the shell over to them. after a short argument we handed the officials. by the end of january, following intense raids, trams and subways were no longer an

we started at home business in japan. now we are talking a potential lyft in japan. emily: lyft has not done much internationally, so that would the of the deal. mickey: if it takes place, yes. i don't know. there are lots of issues still. emily: what needs to happen? the japanese taxi market is hard to crack. mickey: yes. legally speaking, pure ridesharing is still illegal in japan. so i think we need to be very, very smart. emily: are you talking to the japanese government? are you trying to create a space for them? mickey: i am constantly talking with the japanese government on many issues. this one, i have not been pushing it too hard, because the reaction from the taxi industry is so strong. so i just want to be a little bit careful. so we invest in the company's which has something to do, or we think will have something to do, with us in the future. that performance is expected. way better. emily: what are your returns? mickey: 28.5% a year. emily: softbank is an investor in uber and lyft. do you find that odd? mickey: uber is a much more ambitious company for

japan's geography means flash floods can happen in minutes. translation: 20,000 rivers are recorded and assessed in this country and i think this is unheard of in any other country. injapan, landslides and flooding have ta ken many lives. even in recent years. advancements in radar sensor accuracy and map data means the system can raise the alert about dangerous flooding in near real time. every ten minutes if they need it. slowly but surely researchers across japan are understanding how these seemingly untameable natural events work. and each time they do it makes the people of japan a little safer. one of the memories that will always stay with me is our visit to the fukushima daiichi nuclear plant that was devastated by the great 2011 tsunami. exploring the wrecked reactor site showed just how difficult it is to build robots that can navigate wreckage and rubble as well as a human can. today i have come to waseda university to meet a machine that was inspired by the fu kushima disaster. warec—1 is a big beast weighing more than 150 kilogr

then, the focus was japan's economic and technological explosion. now, japan once again wants to show the world that it's still leading the way in innovation. but with the country's explosive growth spurt now in the past and an ageing population on the horizon, the story this time might not be so simple. it's playing heavily on its image as the land of the robots, but finds itself as just one of many countries researching all of the other big tech areas, including 5g, 8k broadcasting, and self driving cars. and transport is the subject of this project by mobile operator, ntt docomo. it's trying to predict traffic congestion, by tracking phone users‘ movements throughout the day. docomo knows the age, demographics and home address of each of its 76 million subscribers, and also knows pretty accurately where their phones are at any time. it's used in artificial intelligence to watch how and where they travel throughout the day, and also how and when they return home at night. it can now predict where traffic congestion will occur in the evening, bas

i was actually in japan in could be just the start. i was actually injapan in 2006 when the world basketball championship was there and there were huge crowds, they do love their basket but it is getting bigger and bigger. it is becoming bigger and bigger but i have got to be honest, it is not a super, major sport at this point yet, compared to soccer or baseball. those of the two biggest professional sports in japan, that ask the ball is trying to catch up, trying to catch up by now. so i thinkjapan's trying to catch up by now. so i think japan's basketball confederation, nba asia, are people trying to make some kind of money out of it this time. basketball is very popular in japan out of it this time. basketball is very popular injapan in terms of when you look at the number of people that play the game, but when it comes down to professional games, like the national team, it has not been so popular. i don't know why. 0ne been so popular. i don't know why. one thing is that the nba has been so one thing is that the nba has been so hu

and thatisit time in japan. can i keep it? and that is it for our olympic special from the tokyo olympic stadium which next year, of course, will be at the heart of the action. don't forget that we live on facebook and twitter. thank you very much for watching and we will see you soon. we have some rough weather to start today. heavy rain, and hill snow and strong wind on the weather menu for us today. the culprit is this area of low pressure that continues to develop as it works in towards the united kingdom. we already have rain extensively falling in northern ireland so if you're heading outside here in the next few hours it will be soggy and the rain could bring localised surface water flooding here. there are big contrasts in temperature. generally england and wales are staying mild but further north it does get colder and colder with eight patch of frost or two in scotland. as we go into saturday this area of low pressure continues to develop and will interact with some of the cold air, hence the risk of some hill snow a

engineers in japan and most of them are japanese. emily: i imagine it was hard to push everyone over to english. mickey: yes, it was very hard and we still struggle a little bit but mostly done. it was a commitment, never compromise, and patience. emily: i understand you've got a new commitment and you want everyone to have a certain level of digital literacy, programming skills. mickey: yes. emily: tell me about that. mickey: well, for sure, if you're working for toyota, for example, you know about the how automobile works, right? if you work for i.t. service company, you need to have the basic knowledge of what's in a computer. that's very, very basic stuff but the entire organization, at least they understand how the computer program, processing power, processing units, gpu, cpu, what's the difference between gpu and cpu, what is a.i.? what is deep learning? 10 years from now the world will be totally different. most of the services we do by human will be displaced by a.i. and if our managers are not aware of it, it is going to be

ellen's case is a direct challenge to japan's prohibition on same sex marriage. but the government's position at the moment their options are to say ok we allow your marriage in which case they have a set a precedent for same sex marriage or to say no we don't allow your marriage in which case they have to unilaterally cancel our marriage without our consent and it's not clear that they even have the legal capacity to do that. the family remains close as their status hangs in legal limbo dorie insists changes to their family unit shouldn't spell it and we are. quite aware that not still at this time with that she is an amazing parent to the children and an amazing partner and she is someone who i admire very much i love this so much that the mother was just because our love relationship is complicated it doesn't mean that we need to divorce that. this is a permanent resident ellen doesn't risk deportation if her marriage status changes but she may face of legal battle to keep the family union she entered into. in the studio now is ellen mccready herself i want to

engineers in japan and most of them are japanese. emily: i imagine it was hard to push everyone over to english. mickey: yes, it was very hard and we still struggle a little bit but mostly done. it was a commitment, never compromise, and patience. emily: i understand you've got a new commitment and you want everyone to have a certain level of digital literacy, programming skills. mickey: yes. emily: tell me about that. mickey: well, for sure, if you're working for toyota, for example, you know about the how automobile works, right? if you work for i.t. service company, you needed to have the basic knowledge of what's in a computer. that's very, very basic stuff but the entire organization, at least they understand how the computer program, processing power, processing units, gpu, cpu, what's the difference between gpu and cpu, what is a.i.? what is deep learning? 10 years from now the world will be totally different. most of the services we do by human will be displaced by a.i. and if our managers are not aware of it, it is going to

then, the focus was japan's economic and technological explosion. now, japan once again wants to show the world that it's still leading the way in innovation. but with the country's explosive growth spurt now in the past and an ageing population on the horizon, the story this time might not be so simple. it's playing heavily on its image as the land of the robots, but finds itself as just one of many countries researching all of the other big tech areas, including sg, sk broadcasting, and self driving cars. and transport is the subject of this project by mobile operator, ntt docomo. it's trying to predict traffic congestion, by tracking phone users‘ movements throughout the day. docomo knows the age, demographics and home address of each of its 76 million subscribers, and also knows pretty accurately where their phones are at any time. it's used in artificial intelligence to watch how and where they travel throughout the day, and also how and when they return home at night. it can now predict where traffic congestion will occur in the evening, bas

and japan, the judicial system in japan has on this story. and japan, the judicial system injapan has found itself in the dock. it has been 107 days without him being granted bail. they said they felt he might try to tamper with evidence or witnesses. he reshuffled his legal team and yesterday he was granted bail. we are expecting him out any minute. it is interesting that japan has found itself really under scrutiny. why is that they are so unwilling to give bail to that they are so unwilling to give bailtoa man that they are so unwilling to give bail to a man who, it seems likely, is going to turn up in court, has no real flight is going to turn up in court, has no realflight risk, is going to turn up in court, has no real flight risk, and they can take is possible to wait? i won in the background whether there has been some nudging to say this does not look good for the reputation of japan, because it makes other investors in the country concerned about how we treat people. the japan times, the way the article starts, ahead of the 65th bir

while germany is turning away from nuclear japan seems to be going in the opposite direction fukushima the fukushima nuclear accident initially calls the rethink on atomic energy in favor of renewables because prior to twenty eleven first the thirty percent of japan's energy came from nuclear power plants and twice that amount came from fossil fuels renewable energy accounted for less than a tenth of the mix after fukushima the government shut down every reactor in the country but since then many have gone back online and it doesn't look like japan will turn its back on nuclear anytime soon it's on again it is still expected to make up more than a fifth of the energy mix by twenty thirty fifty seven percent will come from fossil fuels like coal oil and gas and renewables like solar energy will make up. twenty two percent are reported here there is in tokyo at the moment she gave us an update on the situation there. politically speaking japan is still very dependent on nuclear power politically speaking right now only about two percent of the entire energy in japan is generated by nucle

for more let's cross over now to japan where do you. standing by for us here good to see you how is this anniversary being marked in japan today. well at two forty six pm exactly japan and time that's when the earthquake struck there was an official ceremony held in tokyo and the moment of silence was there also up and down the pacific coast where the actual tsunami struck they've been smaller ceremonies by the families they're also offering some solace in their commemoration and this is the same time also have talked to a lot of people here and they say that course three eleven is something everybody remembers how it's called here in japan and it's a very significant day for the country still ok you mentioned solace that that's so important especially for the many people have who fled the contaminated area the nuclear meltdown caused one hundred fifty thousand people to flee their homes how many have returned that's quite a difficult question to answer but all in all from the designated evacuation areas there are people forty to fifty

of wisdom tree, japan. coming up on the next hour of daybreak asia we'll speak to the chief apec economist about the busy week ahead for central banks. the market open is next. this is bloomberg. ♪ omberg. ♪ ♪ good morning, asia's major markets have just opened for trade beauty -- four trade. >> welcome to daybreak asia. ♪ >> our top stories, theresa may is hoping to be third time lucky as she warns hardliners failure to back her bill could mean the u.k. remains in the european union could russia tells bloomberg it is too early to extend oil curves. they expect to have more clarity in a couple of months. >> data is showing -- is expected to show similarities between two airplane crashes. trading get underway in south korea and japan. it's get straight to market action with sophie. sophie: japanese stocks extending gains we saw on friday, the nikkei 225 adding half a percent, while the yen is trading around the 111 spot you'd -- spot. exports falling more than expected in japan, and it is not good ne

japan it is number one. jim: we started about 10 years ago with an initiative in china to grow the game and grow the business of baseball and we have had some success. we have seven players from china that have come through our development that are playing minor-league baseball. we have a robust tv sponsorship business. the state of baseball is strong there. as we look to expand the brand of baseball around the world, we are looking to india, brazil, and later this year when we play in london, we hope those games with the red sox and yankees will provide the building blocks for us to grow into europe as well. stephen: how soon do you think you could have a game in china? or is it not there yet? jim: it is there and we played exhibition games in beijing in 2008. to be able to bring baseball stadiums into nontraditional baseball venues, we can create a field like we are doing in london, like we did in sydney a few years ago, we can lay a most anywhere. we are actively looking for an opportunity to play. what k

with over 55,000 troops in japan. we are the only forward deployed aircraft carrier situated in japan. that's an amazing presence in japan is an amazing ally in keeping the entire region safe, peaceful, not only open for commerce but open for freedom. >> why are they an ally? what are they such -- why do her enemies often turn into her greatest allies and why in this case is that too with japan? >> we took a deliberate effort after world war ii to work with japan to bring the economy forward. i had the opportunity to read some minutes of a meeting between general douglas macarthur and the american chamber of commerce in japan from 1948. general macarthur went to the american businesspeople about 40 of them at the time nsn to reach up to the friends in manila, singapore, shanghai to get them to open their markets to japan again. we aggressively worked to rebuild the japanese economy we were very successful. imagine what it's like in 1980 when i arrived. so successful that japan had overtaken use srf number two economy

well germany is turning away from nuclear japan seems to be going in the opposite direction fukushima the fukushima nuclear accident initially caused the rethink on atomic energy in favor of renewables because prior to twenty eleven close to thirty percent of japan's energy came from nuclear power plants and twice that amount came from fossil fuels renewable energy accounted for less than a tenth of the mix after fukushima the government shut down every reactor in the country but since then many have gone back online and it doesn't look like japan will turn its back on nuclear and it's time soon it's on again it is still expected to make up more than a fifth of the energy mix by twenty thirty fifty seven percent will come from fossil fuels like coal oil and gas and renewables like solar energy will make up. twenty two percent are reported here there is in tokyo at the moment she gave us an update on the situation there. politically speaking japan is still very dependent on nuclear power politically speaking right now only about two percent of the entire energy in japan is generated by

the move meanwhile darkening in japan. the survey was even worse than forecast in the first quarter. sidesra weakens as both claimed victory. president erdogan's party looks certain to lose control of ankara. shery: breaking news out of south korea. we are getting the latest trade numbers. exports falling 8.2% in the month of march, which is a bigger fall than what is expected of around 7%. it is still a deceleration when it comes to the declines from the previous month in february, when we saw a double-digit decline of 11%. it is still a contraction for a fourth consecutive month for south korea's exports in the month of march. more than 8% contraction. imports falling 6.7%. it is a smaller fall than the previous month, but still a much bigger fall than what was expected. the trade surplus coming in at $5.2 billion. higher than much the previous month, also beating expectations, but we have to mention that when it comes to exports year on year, it was a much bigger fall. more than 8% fall year on year. we have seen negati

we have the bank of japan in talks with policy officials. this is bloomberg. ♪ this isn't just any moving day. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, call or visit a store today. >> its 9:30 a.m. here in sydney. markets looking mildly optimistic. we just heard from president trump at the white house saying the trade deal with china could still be three or four weeks away. of course, we had parliament voting to kick the can down the road for brexit overnight. >> it is 6:30 p.m. in new york. you are watching "daybreak australia." : president trump says there will be news on the china trade deal in the next three or four weeks. a possible presidential

japan is catching up. like the japan and the u.s. back in the 1980's, a tension between the two countries. i think the fed has to be very observant of what is going on in other markets before making policy decisions. yvonne: what do you make of these moves since december? we have that fed u-turn which you could say justify the gains, but i have to wonder can the fed still supply on the dovish side? jim: i think it potentially can because of you look at the data coming through from the u.s., it is not all pointing to this kind of rosy optimism we had 12 months ago. from a political perspective, we're really in a new world order. some of the things that trump had great successes with a year ago, some of the negotiations he had with north korea, the stock market, is beginning to wane. rishaad: hold that thought. we are going to get over to new york with kathleen hays. a look at what we are talking about. a sense of dovishness, right? yvonne: hopes are running high that perhaps we can see a dovish till from jay powell. what is driving th

when you went to japan, obviously japan, north korea, you were just in vietnam, this big question about china -- what was one of your takeaways from your meetings in japan with japanese conservatives? mr. mulvaney: thank you again for having me. if you have a chance to go, you should go. it was really quite interesting. there, i had no idea what to expect. i was expecting 30, 40 people. i think you had several hundred people the last day, and the reception to what is conservatism in japan, what am i telling these folks? how do we sell conservativism in japan? it was personal responsibility, individual freedom and liberty, subsidiarity. they believe in local government, and strong national defense. there really was a lot of overlap and a lot of commonality between some of the core principles of conservatism here and there. i thought that was very interesting. i didn't expect it to go over as well as it did. i think you folks should look at taking this in more places as well. i hope you take it places beyond japan. >> there are other neighboring companies that started conservative unions.

then, the focus was japan's economic and technological explosion. now, japan once again wants to show the world that it's still leading the way in innovation. but with the country's explosive growth spurt now in the past and an ageing population on the horizon, the story this time might not be so simple. it's playing heavily on its image as the land of the robots, but finds itself as just one of many countries researching all of the other big tech areas, including 5g, 8k broadcasting, and self driving cars. and transport is the subject of this project by mobile operator, ntt docomo. it's trying to predict traffic congestion, by tracking phone users's movements throughout the day. docomo knows the age, demographics and home address of each of its 76 million subscribers, and also knows pretty accurately where their phones are at any time. it's used an artificial intelligence to watch how and where they travel throughout the day, and also how and when they return home at night. it can now predict where traffic congestion will occur in the evening, base

africa has the potential to teach japan a thing or two with my i mean you've got maybe young people as we saw in that presentation there what does that mean for economic growth for the continent yeah so that depends on whether you're an optimist or a pessimist so africa is the only region in the world with a growing youthful population and we saw the example there of me share where well over half the population is under eighteen and that's either a huge opportunity or a muscle risk so if you look at it with the glass half full you say well six out of ten of the world's top ten fastest growing economies are in africa these young people have the possibility to introduce new markets new growth the potential for innovation ideas if they're educated if they're educated and that's the big problem at the moment enough are you ready have huge youth unemployment amount leads to a whole range of problems ranging from social unrest to mosque migration or you're ready seeing tens of sizes of young african men and women risking their lives crossing the mediterranean trying to get to europe in the h

belies the truth japan's population is rapidly declining according to japan's ministry of internal affairs as of january twenty seven team the number of japanese fell by a record three hundred thousand to one hundred twenty five point six million the population decline is projected to continue one solution place workers with robots . another challenge japan is now considered the world's senior citizen according to the united nations its population is the oldest in the world and the strong reason is that we're going to have. seen that we need to have more by robots is that one reason why the elderly is a target population for robots the two reasons they're quite on this to and they're you know they're good for accepting the roberts so they're feeling the some sort of pressures from the normal people and the and they prefer to speak with their all was well it's difficult for me to imagine using robots in a carrying and nurturing sort of situation can you tell me a little bit about how you imagine that would happen if you look at the and there was smartphones we couldn't imagine that this kin

no easy task, against japan, who that would be even better. no easy task, againstjapan, who have real pedigree, is an international team. some of the technical ability that we have shown in this tournament has been absolutely tremendous, so it should be a really close contest unexpected tonight. —— i would expect tonight. obviously spending time with the england team out there, jo, and it has been interesting to see phil neville, throughout the tournament, rather relaxed, i am sure inside that he recognises how crucial this game is. absolutely, the word that all the lionesses we have spoken to this week have been using is togetherness, the fact that they are a close knit unit, that is something that phil neville has been able to create, he knows that a piece of silverware against top teams in the world so close to a world cup will be very impressive and set the market to other teams around the world, what condition england are in but also he says it is not the be all and end all, they want to be with us, they want to win things like this b

japan's experience is -- haidi: japan's experience is relevant. enda: it is afflictingenda: much of the developed world. you see it in australia and high employment levels, lackluster wage gains, sluggish productivity. there is no tonic. people are looking to buy in the absence of a political solution. this is moving to the debate of more unorthodox policy measures and what can be done with interest rate ceilings, mixing up a variety of asset purchases, the world of yield curve control . the world economy is slowing down, we have the bank of china meeting, and we are not on the cusp of an outright slow down like 10 years ago but the fact policy makers are having this debate shows you they are thinking about what options are in their toolbox and what japan can do. asia economicef correspondent there. let's get more on boeing as airlines reconsider billions of dollars of orders for the 737. the growing pressures on the faa as is grounds the max. this is bloomberg. ♪ s bloomberg. ♪ ,> if you ground the airplanes money will be lost and there will

now with so many visitors floating into japan, safety is paramount. the olympics will be using facial recognition to ensure speedy identification. paul has been to find out more. at next year's olympics, tokyo is expecting the millions of spectators to pack into the city for its festivals and sports. among that number will be 300,000 accredited people, including athletes, volunteers, media and other staff. on any access to restricted areas. developed by japanese firm and based on their ai engine, they claim the system is 99% accurate. and almost immediate. but how well does it work in practise? i have come from a demo to find out. in orderfor it have come from a demo to find out. in order for it to work, he needs a record of your face, in order for it to work, he needs a record of yourface, so in order for it to work, he needs a record of your face, so fortunately for the system, is not window to get a record. the the system recognises your face and other features, using hundreds the system recognises your face and otherfeatures, using hundreds and hu

for japan? sayuri: that is very important for japan, especially with the growth of exchange rates being included in the japan/u.s. trade agreement. if the exchange rate grows, it will be included. should not intervene in foreign-exchange markets. somethinglso create for the appreciation. i think they are trying not to include the exchange rate growth. that is a very important issue for japan. haidi: always a pleasure sayuri shirai, university professor of economics and former boj board member. you can get a roundup of that story or the stories you need to know to get your day going in the friday edition of "daybreak." bloomberg subscribers go to your terminal. it's also available on the mobile in the bloomberg anywhere app. customize the settings to get the news on industries and assets you care about. this is bloomberg. ♪ haidi: a quick check of the latest business flash headlines. is appeared in court to deny it product banks by concealing business deals with iran. the plea marks their disse

mounting up excessive power over the years harsh criticism but now seeing how this plays out in japan as conditions of confinement. the power struggle between paris and japan over the leadership of the alliances makes people skeptical that it was politically motivated people are eager to hear what develops when this case really goes to court absolutely and you will hopefully bring us immediately up to date only routes in frankfurt thank you so much. now all eyes are on beijing these days as the annual national people's congress gets underway where the government unveiled huge tax cuts amid slowing grows hong kong the stocks headed into the break tuesday barely moved as investors held their breath for a breakthrough in the china u.s. trade talks that the focus of the opening session was china's stuttering economy beijing cut to growth forecast to six point six percent and twenty nine t. in a three decades and it announced tax cuts with several hundred billion dollars. told delegates the country faced a quote tough struggle. for more let's cross over to hong kong where catherine young f

onto japan, industrial production. the latest data shows that it rose last month but not enough to undo the damage. factory output rose 1.4% from a month earlier. that matched analyst estimates. retail sales were disappointing. barely improving on the month earlier and missing estimates of a 1% increase. match aess rate fell to 25 year low setback in may. onto australia, australia launching a drive to repair his relationship with china. huawei gotned after these contracts. they will try to improve ties. this will bring together the private sector, industry lobby groups to engage with china at all levels. world,ew survey of the asia remains dominant. hastrax says that singapore the number one for the seventh year in a row. third, hong kong came in fifth. they did take the best dining. vancouver came in at 17th. denver is the best u.s. hub at 32nd. to 74th.five places andal news, 24 hours a day on tictoc on twitter, powered by more than 200 journalists and analysts in 120 countries. i am su keenan. this is bloomberg. >>

yes, the japan times talks about the fa ct yes, the japan times talks about the fact that the sanctions will remain. however, it sort of highlights that there is no new testing in the future, which of course is terribly important given that japan future, which of course is terribly important given thatjapan is sort of within the radar for some of these missiles possibly landing on its territory. so that is one of the key things it talks about, so the tensions have been reduced, no new testing, and at least that may be in the future, that there will be other engagements, although they stress that there are no plans for a new high—level meeting between the two leaders of the united states and north korea. it is interesting that they see that things, they take a more positive view than that that has been taken in the west. yeah, as the indications man, you must have been watching this with fascination because there is an element of setting the narrative, of being the first to get your side of things out there and president trump did that, saying that the north koreans wanted full sanctio

africa has the potential to teach japan a thing or two with my i mean you've got so many young people as we saw it in that presentation there what does that mean for economic growth for the continent yeah so that depends on whether you're an optimist or a pessimist so africa is the only region in the world with a growing youthful population and we saw the example there of me share where well over half the population is under eighteen and that's either a huge opportunity or a muscle risk so if you look at it with you know the glass half full you say well six out of ten of the world's top ten fastest growing economies are in africa these young people have the possibility to introduce new markets new growth the potential for innovation ideas if they're educated if they're reggie. and that's the big problem at the moment and offer you ready have huge youth unemployment leads to a whole range of problems ranging from social unrest to mosque migration near your body seeing tens of sizes of young african men and women risking their lives crossing the mediterranean trying to get to europe in

the first quarter in japan looking pretty miserable. the trade numbers, the factory numbers have all been pretty dire so far this year. the numbers to china, the export numbers to china have all weighed on it. so that's -- north industrial complex is certainly struggling. how much that's to do with the trade tensions and how much that's to do with the technology slowdown we're seeing, or just a general economic slowdown that's still unclear. but put all those three factors together, and there's a real weight from the external sector on japan's economy right now. that of course, the domestic economy, by japanese standards, looking ok. not doing anything fantastic of the but it's looking ok. but put those two things together, and the price outlook doesn't look fantastic at the moment, either. and .8%, c.p.i. at the moment. still a long way from that 2% target. >> some b.o.g. officials believing it's hard to reach that 2% inflation target according to some sources so what are the policy implications of this? >> this overall tepid outlook a

the collector is the fifth biggest city in japan clock. the collector is the fifth biggest city injapan and the largest on kyushu, the southern island. —— fukuoaka. it will host three matches in the first round of the world cup. i've got 90 minutes to see three of fukuoaka's highlights. i have lined up a brea kfast highlights. i have lined up a breakfast date with my friend, ryuzo, who has been busy making a plan for me. tell me about fukuoka. it isa plan for me. tell me about fukuoka. it is a port town with a rich history, but also it is known for its vibrant food culture, which is pa rt its vibrant food culture, which is part of the challenge today. sounds good. how easy is it to get around fukuoka? easy enough. there are trains and buses running around the city. i've got to get a bus in this challenge? it can all go very wrong. it can, if you take the wrong one. be sure to get on the one that says 99. 99, ok. so, i've got 90 minutes on the clock. three, two, one, go! this shrine was built in 757, and people come here to pray for lon

they are buying by the bank of japan. what can the bank of japan to? -- do? i am sure the only thing left to it is to push down the yield curve control by 10 to 20 basis points. will it help? probably not. like i said, i think by more bonds and buying more etf is etf's is probably pretty dangerous. what was the downside pressure this time around? core consumer prices missing estimates, rising on the zero per -- 0.7% year on year. there are phone services or are these more fundamental issues that will continue to pressure prices into the year? nicholas: i mean, i think we are about to go through a weak patch with the dropping of oil prices feeding through into lower electricity prices. we are likely to have the effects of the government plans educate --down pushing down educational costs. certainly a lot of downward pressure for mobile phone prices. it's very strange that the government says it wants inflation yet it is pushing very hard down on mobilephone prices. we are going to be weak fray a while. the thing -- for a while. the bank of japan ups its buying

japan marks the east anniversary of the earthquake and tsunami that devastated the country's north coast and triggered a nuclear meltdown. plus we meet the venezuelans struggling to cope with their country's catastrophic power blackout hospitals and homes are without electricity for three days now and grocers have been giving away food that's going back there are also reports of a spike in looting as police try to keep control. i'm brian thomas thanks so much for being with us china. has ordered its airlines to ground all their boeing seven thirty seven x. eight aircraft now that's after an ethiopian airlines plane of that type went down shortly after takeoff from out of yesterday killing all one hundred fifty seven onboard boeing is facing growing questions over the safety of this model another seven thirty seven x. eight flown by indonesia's lion air crash back in october likewise minutes after takeoff one it was fine flying weather but still the boeing seven three seven crashed tiny pieces of debris left behind the pilot sent out a distress signal and then just six minutes off to take

japan is a strong trading partner of the united states. we have more than 200 japanese owned companies in kentucky employing more than 45,000 kentuckians. the largest toyota plant in the world among others is in kentucky. we need these strong trading partners and have met with prime minister abe and i appreciate the fact that he's taken no lack of political heat for his stepping forward along with the eu to lead the charge on this new iteration of the tpp. i appreciate him doing so. he's taken heat as is our president for leading on other things and these things have to happen. at the end of the day we will trade with these folks because we must and at the risk of telling tales out of school, i will just say there was a previous secretary of state, he's no longer with us, this will narrow the field down as to who i'm talking about who i happen to observe over here speaking to somebody who was concerned as a leader of another nation about trade and at the end of it, i think he was kidding, but he said, don't worry, even if we don't get it w

it was eight years ago the north quake triggered a tsunami causing meltdown in fukushima japan the operators of the plant is still trying to decommission the reactor take decades a sizeable chunk of the surrounding countryside remains off limits but not all of it. the guests have arrived in fukushima they've come for an eco friendly home stay at local farms in the west of the prefecture the tool that tells the travelers that not only can they expect excellent treatment from their hosts they don't need to worry about radioactivity either too young americans are coming to stay at the home of mr and mrs koussa gnocchi it's a ray of light for the village after years of darkness not many people around here can live off agriculture anymore prices for vegetables from fukushima have hit rock bottom even though these fields are one hundred forty kilometers away from the wrecked reactor and shielded from it by a mountain range. so far away but ever present nuclear power station operated teko gave this german t.v. team exclusive access to the devastated palace station's grounds tepco wants to show the

japan inc. is pushing back after years of pressure from shinzo to to give bigger pay raises restore stable growth. the result of which talks released this week will show smaller gains abe has been seeking. economying in the japan editor. this goes on for a while. why now for this pushback? that is a good question. under abenomics, japan inc. has payr given the kind of raises that the bank of japan would like to the to push inflation to 2%. for years the biggest business servicesically pay lip to prime minister abe's request butbigger pay increases, this year there is a sense that there is too much uncertainty perspective,siness the economy, growth is expected to slow down, china's economy is slowing. you have china-u.s. trade war going on, and you have brexit. .here is a lot of uncertainty for companies that have never been in recent years at least in the mood to give out these pay raises, this is not the environment to do it in. chief was saying it is nonsensical for the government to take a ro

it was eight years ago quake triggered a tsunami causing meltdown in fukushima japan the operators of the plant still trying to decommission the reactor take. a sizable chunk of the surrounding countryside remains off limits but not all of it. the guests have arrived in fukushima they've come for an eco friendly home stay at local farms in the west of the prefecture the tool that tells the travelers that not only can they expect excellent treatment from their hosts they don't need to worry about radioactivity either to young americans who are coming to stay at the home of mr or mrs cusa gnocchi it's a ray of light for the village after years of darkness not many people around here can live off agriculture anymore prices for vegetables from fukushima have hit rock bottom even though these fields are one hundred forty kilometers away from the wrecked reactor and shielded from it by a mountain range. so far away but ever present nuclear power station operator tepco gave this german t.v. . team exclusive access to the devastated palace stations grounds tepco wants to show the world is in

we have japan out of action today. watching the msci asia pacific index, you can see it is a risk on decision as we did see that dovish fed coming through overnight. we did see weakness earlier in the session breakdown. he also had a surprise drop in unemployment in australia, falling the most since 2009 for the month of february. in likelihood of a rate cut july dwindled. the csi 300 falling flat. a lot of money going into ems. the philippines coming through with a rate decision in a couple hours. let's have a look at the stocks we have been watching. cuts. announcing output that has seen the chipmakers rally. samsung currently up by almost 4%. blockade in peru . the government minister in peru saying that could cease. a lot of money going into that company in hong kong. i thought i would end on a beer stock. china resources off. it came through with its -- missing lowest estimates. they do believe they will continue to see strong demand over the coming year. not friday for us yet, but still appreciate that. think you

and in fact, japan has been one of the oldest investors in pakistan and since japan is a country that essentially relies on open sea lanes both for its imports as well as exports, so it seeks to have partnerships in the wider region also, so in that regard, and japan is also a country that is invested in peace and japan has also historically played an important role in supporting the development in afghanistan as well. so there are different multiple reasons and multiple points of interest for japan to remain engaged in the region, and i am happy that during my time as ambassador to japan, we witnessed a serious and positive spike in the relationship. in terms of the u.n., i am not aware of that particular initiative but i can tell you that in pakistan, we are open. we don't stop anybody. in fact, the embargo unfortunately is only on the inside so if anyone wishes to come to our part of kashmir, in fact, we also welcome the u.n. office of the high commissioner on human rights also to come and visit. so the problem really, for us, we are open, we still are open, we will remain open. in

japan is growing at 1%. southeast asia is growing nicely , supply chains moving from china into the southeast asia region. january orpared to march of 2018, we were much more pessimistic. i am very worried about europe. that does not mean europe will ,e in recession in 2019, but it maybe it is 1% growth, probably closer to zero. in the u.s., we had the sugar high from the tax reforms. we all anticipated the economy would slow down after the sugar high, and that is what is happening. where is the u.s. economy? -- 2.5%, 2.6%, 2.7%. commerce is still good. i would almost call this a goldilocks moment, where it is not so bad, not so good. central bank behaviors are probably more on the dovish side from where they were in the fourth quarter. so i would say it is time for investors to be more relaxed. i don't think we will go much higher than we are today. >> you mean stock prices? >> we will be fine. what i worry about still is rising populism, which what we are witnessing from rising populism, we are seeing shor

ambassador lighthizer is focused on japan and helping to get a bilateral agreement with japan that would be equal or better than tpp. it was on the table when president trump came into office. the farmers need that for beef and other grains. we hope that can happen with japan. eu is simply intractable. they have really just refused to negotiate on agricultural issues. taken a very protectionist view of agricultural products going into eu. shery: can you have a trade negotiation with the eu without agriculture? sec. perdue: i don't think we can do that in the u.s. without agriculture. they don't think they can do it with. shery: japan is protected when it comes to their farming communities, agriculture. do you expect japan to give the u.s. more leeway? sec. perdue: i think japan understands that what they export here, with the trade imbalance we have, president trump has made that clear to them that we need to strengthen that trade imbalance. i think you will see japan make some decisions that can help us do that through agricultural imports. shery: what is happening right now with mexico