to japan. during the six months that he was held as a prisoner of war, joseph grew wrote a 60 page report detailed his criticism ofamerican policy in the months before pearl harbor . he planned to give that report to president roosevelt and secretary of state cordell hull when he returned to theunited states . but it never happened. when groom returned to the united states in august 1942, he showed the report to secretary of state cordell hull . hull glanced at the report and hull immediately saw report criticized decisions he had made in the months before pearl harbor . he immediately demanded that grew destroy that report. as a subordinate official in the state department, grew felt he had no choice but to agree to hold demands. and so he destroyed that report. i should add that there is no evidence that president roosevelt knew about the report or itsdestruction . for his part, he never publicly acknowledged the destructionof the report . even when he was asked in a postwar congressional hea

but for japan, time was running out. in those months before pearl harbor, grew made many recommendations to president roosevelt and secretary of state kordell hall about things they could do that might avoid the war that grew saw coming. very few of grew's recommendations were acknowledged. none was accepted. why? because back in the united states, and especially in washington, people could not believe that japan would directly attack the united states. the united states was so much larger in terms of population and resources, people in washington and elsewhere thought it would be utterly stupid for japan to directly attack the united states. and so grew would later write that american policy in those months before pearl harbor, was completely inflexible and that his reporting to the government from tokyo was like throwing pebbles into a lake at night. when pearl harbor occurred, as you might imagine, joseph grew was very frustrated and very bitter because he felt that the roosevelt administration had squandered a chance

is coming from and hopefully japan will emulate that by creating startup nation japan. paul: you were talking earlier, lauding the government for its package. it does what it can. structural reform still in the two hard basket? reform -- too hard basket? >> you have got to do little things. the fact you are focusing on entrepreneurship and creating a start of culture, the fact that for example you may have seen also great news, softbank tying up with tokyo university to set and new ai research incubator lab, these are the sort of seeds you want to see to get true structural reform. kathleen: more investment, strong japanese economy, what does it mean for the boj? they might have to add more stimulus. the japanese get rid of stimulus? -- could the japanese get rid of stimulus? boring for has been the last three years. there is nothing to do. the bank of japan is doing its job but for all intents and purposes nothing will happen. the bank of japan is steady as she goes. we want to talk about it because they have a meeting every month but when you focus on the bank of japa

he had a stature and commanded respect in japan. he said he was prepared to go to the united states and beat on american soil where roosevelt wanted and he would give the president the concessions to reach the agreement to avoid the war because he desperately wanted to avoid the war. he truly wanted a diplomatic resolution and prime minister told him if he could meet with roosevelt, he had the support of the emperor. they didn't want roosevelt to meet with prime minister and he convinced him not to meet with the minister. roosevelt wanted to meet with him because he had great confidence in his ability to deal with other people. he met with a one of th the onee foreign leaders during world war ii. in terms of what he had done wrong, he thought he was very inflexible to suggestions that he thought might lead to an avoidance of the war. did they think japan would never withdraw from china. it's interesting that you bring that up. that's a good point. he had this report that i described a moment ago. he wrote a very long letter to presi

a growing number of north korean fishing a washing up on the shores of japan. sometimes there is divided but often the boats carry it right chicago hoops it's from the secretive country the doors then the. roads here you know the. rules as to who is in these 2 little ones and these. mysterious vessels to become known as going to see. the center coming your chance to talk some sense in a moment on the skidmore center in terms of all because of the stock market. i'm constantly put on an interesting. take such as you know when i was some of the audience about what's great about what i want to sort of get a lot out. when i went east investigates north korea's chips. on this trip of japan's west coast she also made a grim discovery. you know that if we didn't have. a mother to. talk to that could be. a long iran has come out that this program no money can return the money to madonna cause you must. get the watch you are going in there so they must. be man or chelsea are you most of the. country the ning go meet them and you know tell us you know could be i mean are.

in japan, really step up and take the reins from the bank of japan, so pressure on the bank of japan has really noed so the conversation is longer about what the bank of japan can do or what they should do to reinvigorate their economy but now what the government can do to really step up. while infrastructure spending is a positive thing, it does not really have a short-term or medium-term impact on gdp growth because of the lag time with infrastructure spending coming through. we do need to see more kind of immediate measures as we are trying to reinvigorate the economy. paul: we are going to get a health check on japan this hour. i know you've got a choppy outlook for japan in 2020, haven't you? >> yes, we do. it is looking very choppy, so the odds of japan going back into recession are high, following the consumption tax hike. we have seen the october data , thatkely november data could flow through to the first quarter. we should see a bit of a pickup heading into the tokyo olympics in 2020, and then after that, it's not looking so good as well. in japane jobless rate has been pr

the other is that lebanon does not have an extradition treaty with japan. it is extremely unlikely he is going to be forced to go back to japan to face that trial. not know heyers did was planning on doing this. the safest thing for him w was o make it back to beirut anyway, anyhow. the fact that there is an extradition treaty -- part of thatat is that he is so popular here that even if this is clearly going to create a diplomatic problem with the japanesese government -- japan s not in the situation to bebe abe to let go of -- it is facing a dire economic crisis. hosn is seenon -- g as something of a national hero. he is successful internationally. it seems unlikely he decided to come back and have the support of institutions to rebuild his life. there has been a call from international lebanese-based bubusinessman to o help the couy during the time it is struggling with. i imagine that is the case, that he has been working with several other people to breathe life back into the country. as we were saying before, also a frenchs citizen. the economy ministe

you have 74 projects by japan in vietnam versus 24 by japan. look at who was the rising part in southeast asia, without question that is vietnam and vietnam would be the asean chairman next year. they are leading the region, leading the loan fight in terms of drawing the line in southeast asia. you see clearly in vietnam and in the philippines, japan is well ahead in terms of infrastructure development. it's also injured. drupal talk about this. he is interesting truth about this issue. the role of india and also australian in the region is underestimate people of the efforts of countries in terms of providing alternative avenues for racing infrastructure capital for development projects, if you look at australia helping the philippines encounter terrorism and with isis threats, a lot of things are happening which are not appreciative enough and that leads are experts on the ground. the third thing is this. a lot of people underestimate the struggle for autonomy strategic of smaller countries. i'll take issue with the word small. indonesia is 2

were born in japan. did you suffer discrimination gring up in jan? masayoshi: yes, i had some experience, but i feel now it was good. so i had to prove that i am not different from any other guys, you know, not inferior-- it's same. so i had to work harder to prove the value. david: your family adopted a japanese name atne point. well, actually in japan, there was some period, japanese name. so it was not their intention. we had to. david: you had to change. masayoshi: had to change. thatme even more harder, because i was feeling that i was hiding something. it was even tougher. david: now, you did not grow up in tokyo. you grew up in a relatively small town, is that rit, in japan? masayoshi: yes. yeah, in the southern part. david: the southern part of japan? so, point, it is said that you were very interested in meeting the head of mcdonald's. masayoshi:donald's japa. david: why were you interested in meeting the head of mcdonald's? did you like mcdonald's' od, or what was it? masayoshi: well, he wrote

japan task force board meeting on tuesday. we are planning for planned adoption hearing december 19th. this is a very compressed timeline but we are doing our best to respond to the conditions of japan town. that concludes our presentation. we are available for questions. thank you. >> do we have any public comment on this item? public comment is now closed. commissioner fung. >> couple of comments and questions. you know, i was pleased to see that the guidelines remain relatively general in the following sense. that is that rather than looking at the issue between what has been traditionally viewed as japanese architectural elements which wind up to be a historical feature, and recognizing also that, you know, japanese architecture has gone through quite a bit of various movemen movements, it is good to see that the guidelines are relatively general. there are probably a couple items i may not necessarily agree with personally, but i think in general it is fine. i did have a question whether for one specific instance somethin

d: the southern part of japan? so, at one point, it is said that you were very interested in meeting the head of mcdonald's. masayoshi: mcdonald's japan. david: wed were you interen meeting the head of mcdonald's? did you like mcdonald's' food, or what was it? mathyoshi: well, he wrote book, and that book became the bestseller. i was impressed and said, "oh, my go this is great! and th mguy who wrote about t be great." ter] david: so how old were you when you wanted to meet him? masayoshi: 16. david: 16. so you managed to get a meeting with him. masayoshi: i called his assistant, long-distance call. back then it was so expensive. i made almost 100 calls-- 60 calls, i'd said, this is my name, a student, and could you ask him "to share me some time and could you ask him?" and she said, "oh, i will try, but he's not gonna meet with a student." i said, "welur don't decide by lf. let him decide." [laughter] so ierpoke with the dit assistant so mmes. and they don't give me the right answer, so i said, "ok, this is a was

a growing number of north korean fishing of washing up on the shores of japan. sometimes there are survivors but often the boats carry a tragic go of corpses from the secretive country you'll. see you'll know you know the. full truth is to these 2 little ones and the things. the mysterious pencils to become known is going to shape. this engine a chance to talk some sense in the moment heat on the skidmore century in terms of all cycles of digital camera and the only constant. interesting. take such as you know when i was some of the audience about what's great about what i want to sort of get a lot out. of when i went east investigates north korea's ghost ships. on this trip of japan's west coast she also made a grim discovery. you know. we didn't have. a mother. but it could be. a long drawn out from out the day program on monday can return the money to madonna could be a must. to toss you are going in there so they must. be mine or chelsea i do not know that. ning meet them and you know. it could be i mean a. we try not to notice we took the piss out of it. so

interesting focus on what is going on in japan -- between japan and south korea at the moment. we are waiting for that press conference to start in about eight or nine minutes time. let us get a bloomberg business flash. here is leigh-ann gerrans in london. bmw is beingann: scrutinized. over its reporting practices. this comes as the german carmaker is in a tight race with daimler. bmw says it will core operate fully with the investigation. bytedance is- considering selling tictoc to address u.s. concerns. washington is worried the popular video app is a security threat. tesla sales are hitting a record high. secured $1.4 has billion in financing for its shanghai factory. the deal with local chinese is preparings it for delivery for the model three. tesla hopes the shanghai factory will help it builds momentum in the country. that is your bloomberg business flash. anna: thank you so much. its embattledoved ceo, dennis muilenburg. this tod decided to do restore confidence in the company. for more, our global business editor benedict has been covering this story from the european

cars go next is gone for much of the office on the brain or the fled to japan where he was on the house arrest facing trial for financial this conduct he says he fled to escape injustice. and the clock is ticking we're looking back at the costs 12 months isn't. this is your business asia welcome and was starting with an escape story that could. straight out of a hollywood blockbuster former miss on rhino chairman collins go has left japan where he was under house arrest he apparently jumped bail on a private plane go and said he was not fleeing justice but instead seeking to avoid injustice and persecution this is the house in beirut where carlos ghosn is believed to have fled but there is no sign of him and the security guards outside say he's not here but a neighbor has shown up wanting to welcome him to lebanon with a card. many lebanese feel the former nice and c.e.o.'s a successful businessman and is a symbol of the country's large diaspora but in tokyo the unexpected turn of events has sparked outrage. from like him i think he fled because he did something wrong. but whoever escap

past of japan and china and japan they've been able to overcome that pos and i think south korea could learn from that experience however you know sentiment against japan is much more deeply rooted in that among the south korean population and if you look at surveys for example. south koreans use the ends of that state. even more unpopular than north korea to confront and that really shows something are right. and pressurize always great to hear inside thank you to the central american state of one during this which is in shock after 2 deadly prison riots in 2 days the death toll has reached almost 40 in clashes between gangs authorities have declared a state of emergency that has failed to stop the violence and may even have provoked more. despair written on their faces relatives gather at the morgue and to go seek out the one juror says capital their loved ones died in one of the most violent places in the most crime ridden country on earth one dear says giles on the tourist but even by those standards the past few days have been green men date. if the family is the morning today. an

this is his actual lawyer in japan. further more, he said the lawyers still have all of his passports. you have to wonder how on earth he made it out of japan to lebanon. one of the press companies there are citing that he may have hired a private company and indeed a private jet landed in beirut airport coming from turkey when it comes to next steps and what this means, clearly he's violated the terms of the bail he paid for. i think he paid about $13.8 million. he'll have to forfeit now. there are no extradition laws from lebanon there is no legal way to get him outside of the country unless he voluntarily leaves the country, which puts had ima very interesting situation. >> wouldn't you say forfeiting $13 million is a very small price to pay considering in japan, he was facing a very unfair court system. in japan, there is almost a 100% conviction rate. confessions are allegedly conduceded by long periods of detention. he's saying he's not fleeing justice but fleeing an injust system there is a comment from the frenc

tax: we did have the sales in japan. has the worst of the impact been absolved by the economy -- been absorbed by the economy? >> actually, yes. the impact is there. greater than expected. the government did a lot of government measures to mitigate the impact. still, the impact was strong. government is doing a lot of point system to stimulate consumption. sentiment, rightfully improved in october. we have to still worry about the impact on the consumption, but the severe impact is -- we can see in the and you fracturing sector at this stage. paul: what is the bond market telling you? we had the yield on the 10 year creeping back to zero for the first time since march. >> yes, i think that was good to be honest. the bank of japan's target is around 0%. initially, i think the bank of japan was not expecting the yield into the negative territory. since march, the yield has deepened significantly. impact onade a lot of insurance and the banking system. near 0% is good. boj, i do not think is going to take action to deepen.

meet as north korea threatens a christmas surprise that might be a missile test china south korea and japan hold a special summit to boost cooperation over north korea's nuclear program also on the show. the families are searching for answers after dozens are killed in honduras prison riots a state of emergency has failed to stop the bloodshed inside the most violent places and one of the world's most dangerous country. and no christmas mass said no to down cathedral in paris for the 1st time in over 200 years there will be no christmas service in the landmark because of work being done to repair a massive fire that. i'm max foster thanks for joining us. the leaders of china japan and south korea have agreed to work together to promote dialogue between the united states and north korea chinese premier league atro japanese premier shinzo obey and south korean president moon j n held a summit in chengdu in china against the backdrop of increasing threats from pyongyang north korea has said it will take unspecified action if sanctions against it are not lifted by the end of the year. they call

a growing number of north korean fishing boats washing up on the shores of japan. sometimes there are survivors but often the boats carry a trench chicago of corpses from the secretive country does for the new fuel use your lordship you know the. rules a salute to who is to these 2 little. things. the mysterious vessels have become known as ships. syndrome and your chance to talk so much from france in a moment sheet on the skidmore center just off your phone calls to talk to the one and only college junior like me who told him she wants to. take such as we don't want it was all about what it was about what's great about the war 2 started to. wonder when east investigates north korea's ghost ships. and this strip of japan's west coast she's a loose also made a grim discovery told local mall nonono talking a lot but i think that we did that. a lot of the. talk but that could be. on all the wrong has come out that this. logano money to me than i needed the money to meet a new muslim law. to torture you are going in there so they must. be man or chelsea are you muslim

watching the news life but lend business asia coming up next with more on call us guns escape from japan and don't forget you know he's got all the latest news and information around the clock on our website. dot com for a minute if we can in berlin watching. what secrets lie behind this wall. discover new adventures in the 360 degree. to explore this amazing world heritage site. w world heritage 360 get me out of no. i was issued when i arrived here i slept with 6 people in a room similar it was hard it was for. i even got white hair. learning the german language you know the list gets me and little push to maybe 2 in truck let's say you want to do their story lines are fighting and reliable information for margaret. collins go next is gone for much of an office on the plane over the flip to japan where he was on the house arrest facing trial for financial this conduct he says he fled to s.k. it just. and the clock is ticking we're looking back at the past 12 months this is just. i'm going to get jones and this is your business asia welcome and was starting with an escape story that cou

we have japan bpi numbers year on year. we are seeing a growth of .5%, in line with estimates for the month of november. accelerating numbers from the previous month. when it comes to the core cpi excluding fresh food year on year prices grew .5%, which is an acceleration from the previous month, again in line with estimates. core cpi, take out fresh foods energy, year on year growth of 0.8%. it is meeting expectations. growing 0.8% instead of only 0.7%. although we do have to mention that of course we do have higher sales tax that was applied to back in october. that was applied to tilly's mobile phone chargers, so that could have reviewed it -- provided a boost. overall broadly speaking the picture is still low and slowing inflation. bloomberg economics still in -- expects core inflation to slow down towards the end of the year. at the moment core percent -- core cpi, .8%. let's cross to jessica summers for the first word headlines. jessica: washington has confirmed the interim trade deal with china will be signed and mad

has fled to lebanon from japan to face trial in japan for financial misconduct he says he's escaping justice. also coming up what do you wish for in the new year. law as the countdown to new years begins we find out what people around the world are hoping 2020 will bring. i'm brian thomas great to have you with us while thousands of residents and tourists are trapped at this hour by raging fires in a number of coastal towns in australia feeble our shelter. airing right now on the waterfront preparing for possible evacuation by sea it is an unprecedented situation across the country now the areas worst affected are australia's 2 most populated states in the southeast new south wales and victoria well the blazes have claimed 2 more victims a father and son attempting to protect their home. at least 4 stranded by the seaside thousands of tourists and locals are being held hostage by raging wildfires in the town of. it's too late to leave so all they can do is wait along the beach for help to come but rescue conditions are dangerous when fars are crowding there on whether you have super

a growing number of north korean fishing boats of washing up on the shores of japan . sometimes there are survivors but often the boats carry a tragic aagot of corpses from the secretive country does north the need your news your lordship you know to. solve all of this loop through this to these 2 little ones things. the mysterious vessels to become known as ships. the sentinel your chance to join talk some from france in a moment seat on the skidmore center just off the full cost to talk to the one and only close to michael photo one small step. by step take such as we've talked about it was all about what it was about what's great about the war 2 started to. wonder when east investigates north korea's ghost ships. on this strip of japan's west coast she's a los also made a grim discovery told the one lone nonono sock you know that i think that we did that you know with all of the. law at the. top of that could be. on all the wrong item out that this will go on on monday can be done. needed the money to me that i could be a muslim or. to toss you out in the knowledge

japan isa is no extradition treaty with japan. japan is a country that gives a lot of money to live and on but if you're putting a man's face on a postage stamp, you're going to think twice about giving up, i'd say. that's where i was going to go in terms of whether there is any leveraged, pressure, anything that could arise in the coming weeks and months, given that the japanese are presumably angry and rather embarrassed by this? indeed. and also my carlos ghosn has been trapped in japan for about also my carlos ghosn has been trapped injapan for about a year now. for the past few months in lebanon, since october, there have been countrywide protests against corruption, against the political elite and cronyism and against a burgeoning economic crisis. and the feeling among some of those people on the street will be, why are we letting a man who is accused of enormous financial crimes back into the country? carlos ghosn may have been spoken about by some in lebanon asa been spoken about by some in lebanon as a potential saviour,

into japan. a quarter of visitors of japan are south korean. we have seen a hit to the services. it is important that the two sides first avoid the situation from deteriorating further, which has been the case over the past few weeks. they are now talking so that is a positive step. but it may take longer for a more comprehensive, you know, improvement and relation. shery: we are getting japan's export numbers for the month of november. a contraction of 7.9%. his mother contraction than expected. the contraction is easing from the previous month as it plunged ninth .2%. when it comes to imports in november, down 15.7% which is a bigger drop than one expected. also bigger than the previous month. this brings the adjusted trade balance at a deficit of ¥60.8 billion, a bigger deficit than expected. also much higher than the previous month of october. unadjusted for those seasonal factors and deficit coming in at ¥82.1 billion. pressure on exports. this will be the 14th consecutive month of exports

on a private plane via turkey he's now in beirut and without an extradition treaty as we heard japan can do very little about it right now so where does this go from here interesting interesting because go and say well 1st of all he was a giant in the auto industry he he rescued nelson from the brink of bankruptcy mosque the mind of the aligned with renault and after this major blow. where he's been faced now with 4 charges that's still in place including for enriching himself through payments to a dealership in the middle east and where is he now he's now in lebanon out of reach and he says he can now finally commute freely with the media and he's looking forward to doing though starting next week 2020 is going to be well maybe we'll find out more about the case and brian i can see it because he would movie in the making and i certainly see some press conferences next of definitely on the vive la monica thanks very much. well the end of the year holiday season is of course one of the busiest times for travel but our next story is about a remarkable journey made by a family of killer

growth will be a phenomenon in japan. -- sorry?or rishaad: i was just going to say -- that is a very low base. nascent form of investing, you could argue. tell me where the people are going to be concentrating. we have seen some progress. what about the others? environment, the number of signatories globally, japan has the highest number. it just started this year's of companies have to step up and write their reports. in the process, there will be more opportunities for them to issue more global bonds. green bonds. we are experiencing a lot of global climate change with the typhoon. that hits close to the heart. the problem we are facing is example, a- for woman in the workforce. we are lagging behind europe and the u.s. that is where the government is stepping up and i think we are making quite progress but we still have yet to catch up. work onwe still need to the s part. rishaad: let's talk about getting women into positions, etc., and it is nice to see you as the deputy president. we have this fiscal stimulus package today, bu

plus some carlos ghosn is gone the full month boss flees japan where he face trial for financial misconduct he says he is escaping persecution. time and he keeps becoming like you so much for joining us shall abrasions to welcome in the new year and the new decade have started with a new zealand one of the very 1st countries to ring in 2020. you can see here. new zealand's biggest fireworks display in all clearly thousands of people gathering to watch that and for the last time the city's iconic sky tower was also lit up by a laser. and and. now and then our neighboring australia will also stop welcoming in the new media in sydney has said it will hold its usual firework display to mark the start of the new decade but it is a controversial decision given the devastating bushfires that are currently sweeping the country now fears all growing for residents and tourists trapped by raging fires in several australian coastal towns people have sought shelter on the waterfront and are preparing for possible evacuation by sea it is an unprecedented situation across the country and the area's was de

south korea and japan no longer of sharingin terms information. the military activities as well as china. >> isabel taylor those -- take .s through what can be expected >> the fact that they are actually having the talks is definitely a positive step. we have seen a few mild hints in the last few weeks. there has been a round of trade negotiations over those export controls. i think that there is a common view that these countries need each other. but abe has said he sees the onus on south korea to create the right situations to move forward whereas south korea is very much blaming japan for what's going on in their relationship. it's hard to imagine anything positive coming out of this meeting. >> john, i want to take you back to this conversation. xi jinping met with abe yesterday and brought up hong kong. take us through the conversation. >> abe did bring up those issues. it's not the first time. i would expect he would continue to do so but i don't think those issues are likely to bring warming between china and japan. president xi jinping is

the images are stunning out of japan. >> an epic earthquake hit northern japan, 9.0, near the top end of the richter scale. then a huge tsunami crashing up it. >> what did you think? >> unreal. this can't be happening. are you sure it's where zach is? are you sure it's in the same region? we were looking at maps, and everything was pointing to, yeah, it's exactly where zach is. >> we just prayed. >> enormous waves you see here were hitting noda and kuji, the towns where zach and georgia were teaching. the frantic calls began, to no avail. >> what happened when you tried his phone? >> it would say all circuits are busy and you'd get a busy signal. >> then the minutes went by. >> uh-huh. >> then an hour and two hours. what did that feel like? >> hell. >> as a parent, you never think, oh, my child has been killed. out don't think that. you just wait. you just wait and pray for the best. >> remember, zach had wanted to come home months earlier, but terry and john had encouraged him to stay, to live up to his commitment. >> how much did you beat yourself up about that? >> i did. >> seemed

will: please still on trial in japan. 's triallos ghosn itself, that was due to come in the coming months. now he is in lebanon, which does not have an extradition treaty with japan. into doubt plenty because it will probably become an issue between lebanon and they are willing to send him back, but that is perhaps unlikely because carlos ghosn is a hero of sorts in lebanon, where he has spent much of his youth. there were billboards in support of him, so he is a hero there. there could be some interesting negotiations ahead. matt: thanks for joining us. will davies in hong kong developing this -- uncovering this developing story. we will bring you headlines as the cross. i suspect this one will last well into 2020. today marks 20 years since latimer clinton first took power -- vladimir putin took power in russia but what is his record? joining us, someone who has covered him for many years. hordern, let's talk about the struggles vladimir putin faces. annmarie: it is obvious in the past 20 years, he has been someone who

carlos golan is dong the former the song boss flees japan where he faced trial for financial misconduct he says he's escaping persecution. and a shock sighting off the italian island of sicily 3 huge killer whales traveled more than 6000 kilometers from their home off iceland to the mediterranean. i'm brian thomas great to have you with us all fears are growing at this hour for the residents and tourists trapped by raging fires in a number of coastal towns australia people are sheltering at this hour on the waterfront preparing for possible evacuation by sea now it is an unprecedented situation across the country the area's worst affected australia's 2 most populated states new south wales and victoria now the town of melaka is where 4000 people have fled the fire there down the beach right now we'll be going to that area to find out more but 1st here's a look at the scope of these blazes which have claimed 2 more lives a father and a son attempting to protect their home. stranded by the seaside. thousands of tourists and locals are being held hostage by raging wildfire in the town of m

to toss up column stone is gone before much in a sandbox flees japan blanky face trial for financial misconduct he says he escaped and thus change. my manuscripts mckenna thanks so much for joining us. celebrations to welcome in the new year and the new decade have started as new zealand has a ring in 2020 now thousands of spectate. a watching the country's biggest firework display in clim for the 1st time the city's iconic sky tower will also be less up by a laser and animation show. and see that is why works. however the neighboring australia which will also be welcoming in the new year shortly has come to. its largest city sydney will hold its usual fireworks display to mock the start of the new decade but it's a controversial decision given the devastating bushfires that sweeping australia. now fears all growing for residents and tourists trapped by raging fires in several australian coastal towns people have sought shelter on the waterfront and are preparing for a possible evacuation by sea and it's an unprecedented situation across the country the areas worst affected all austr

could you tell us about the importance of the visit to japan given the current situation in the region to help any. relations between iran and japan have deep historical diplomatic relations between the 2 countries are established about 19 years ago over our relationship with the land of the rising sun has always been good. we are both asian countries which means we have much in common we historically our relations have been based on political economic and cultural tie we've had positive cooperation across all 3 areas even when an impact was imposed on iranian oil during the leadership and how many. at the time since world tank it's iran and much of store oil in the face of sanctions and used by the u.k. and other western nations to support always be remembered by the iranian people with us today we have noticed agreements with but we are proud as armories let us. american crush on the question of developing his comic corporation over the road to . look. for 30. dollars richer i don't really want to go. to concerts service where there are could you tell us about these proposals. i don'

we arer, out of japan still waiting for those bank of japan october meeting minutes. overhauled as forward guidance and saying it will keep short-term and long-term interest rates at their present levels or lower. but keep in mind that was before abe announced $120 billion in fiscal measures. let's turn to other news. an outlook for 2020 in the crypto space. central banks have traditionally been slow to react to developments in this industry catalyzedok's libra the topic and brought it to the top of the agenda, according to our next guest. henry, great to have you with us. so, how has libra really change the equation in this space? henry: libra definitely brought the topic of central-bank digital currency on top of the agenda. and traditionally central banks to react.-- slow e change quickly print today around 70% of central-bank are looking at digital currencies. watch is ones to of the big transnational organizations, the bis or the ecb, the bis released report on the topic and second and more important is what some countries are going to do. and all eyes are on chi

there's a lot of backstop in japan. in the current global context, that is a place to us that feels extremely safe to put our investor capital in. so much for you joining us, lasalle pacific asia-pacific management ceo. across assetyo management. we could hear more details about this package sometime today even. what are we expecting? >> that's right. as you say, the speculation is around 230 billion dollars for the top line number. the key thing, though, and this is what we will be looking at when the package comes in, is what is the freshwater? that's the key thing. how much of this is real new spending. net new spending and not appropriations from the existing, you know, annual budget. japan will often have these supplementary budgets around this time of year that amount to previouslyepackaging approved spending measures, privaten loans to companies, things that are not real -- what we would call, you know, real spending. the real spending is likely to be about half the size of the overall package. 100 billion dollar

how did he get out of japan? lookingthorities are into whether he used an alias to get out of the country. others are reporting out of lebanon he entered the country on a private jet from spain using an alias, allegedly, so lots of questions. nejra: exactly. carlos ghosn in his statement answered some of them i his motivation, saying " will no longer be held hostage by a rigged japanese justice system where guilt is presumed, discrimination is rampant and basic rights are denied." he said "i have not fled justice, i have escaped injustice." can a country like japan, with rate,ost 100% conviction where does this leave carlos ghosn? stephen: that's the big question. the japanese prosecutors really wanted this case. they were going to go hard with it. there were going to be two trials, one for pay disclosure irregularities and financial crimes, and another for breach of trust associated with financial, alleged crimes anding with suppliers partners in the middle east. so, we have no idea whether japan will go ahead w

could you tell us about the importance of the visit to japan given the current situation in the region that you're putting. your you know to the relations between iran and japan have deep historical realist diplomatic relations between the 2 countries are established about 19 years ago over our relationship with the land of the rising sun has always been good. we have both asian countries which means we have much in common with the historically our relations been based on political economic and cultural tie we've had positive cooperation across all 3 areas even when an impact was imposed on iranian oil during the leadership and how many. at the time since all time gets iran and much of star oil in the face of sanctions introduced by the u.k. and other western nations of support will always be remembered by the iranian people with us today we have noticed agreements with but we are the proud. american pressure on the question of developing here on a corporation of the road so they. looked. for 30. dollars each of i don't really want to go you heard when it came to conservation where. ca

past of japan and china and japan they've been able to overcome that past and i think south korea could learn from that experience however the sentiment against japan is much more deeply rooted in that among the south korean population and if you look at surveys for example. south koreans really and so that state. even more unpopular than north korea can join and that really shows something. pressure on it's always great to hear inside thank you. all right let's turn our attention now to syria where government forces are pressing ahead with an offensive and at overwhelming the last opposition controlled part of the country it live province in northwestern syria is dominated by fighters linked to the islamist al-qaeda organization but there are also $3000000.00 civilians living in the region over the latest offensive has fueled worries that a new refugee crisis is imminent as tens of thousands of syrians flee the violence and make their way towards the turkish border. the syrian army has been subjecting rebel positions to sustained attacks president bashar al assad wants to regain contro

plenty more ahead from japan. we will speak to chairman and ceo florence how and financial group president and ceo. this is bloomberg. ♪ ♪ haidi: you are watching "daybreak: asia." hey check of the latest business flash headlines. saudi arabia is said to be considering pricing its ipo at the top end of the range, confirming the sale of -- as the biggest ever. bloomberg is told aramco's pricing shares at 32 riyals aps having marketed them at 32 each. 1.5% ofabia is selling aramco and would raise more than $25 billion if they shares are priced at the top end. shery: saudi aramco ipo is redrawing the table in the banking world. hsbc will enter the top 10 10 of equity arrangers in europe, the middle east, and africa for the first time in five years after barclays missed out on the offering. they had a general role and will ipo priceser the later thursday. morgan stanley remains at the top spot. haidi: the owners of the new york mets are in talks to sell up to 80% of the major league baseball billionaire steve cohe

the question do you include japan or do you do that little squiggly thing because if you include japan it's such an outlier that everybody else is down here and japan is up there but japan is a very different economic model because it's a different social model to different political model japan is homogeneous japan has outlasted every economic bear it's. in 4 years on the assumption that someday the japanese will pull together and as a homogenous culture they will bear any costs an absurd amount of debt to g.d.p. but let me go back to my made it to era point so i am more worried because i think it's not a number that bothers me you're right 22 trillion 23 trillion i mean it's an absurd or whatever number that does bother you so what bothers me is the deficit more than the debt because the deficit which is roughly a trillion dollars a year in good times in the us right now and the jump administration means that people are getting used to things that we are borrowing to pay for it so it's not just the sum total of the outstanding debt stock it's a fact that an ongoing basis we are now b

look let's start with the official visit of president rouhani to japan. and i'm sure you were the want to welcome him when he got back home. could you tell us about the importance of the visit to japan given the current situation in the region that you're putting. your money you know to the relations between iran and japan have deep historical realist diplomatic relations between the 2 countries are established about 90 years ago over our relationship with the land of the rising sun has always been good. we are both asian countries which means we have much in common we historically our relations have been based on political economic and cultural tie we've had positive cooperation across all 3 areas even when an impact was imposed on iranian oil during the leadership and how many. at the time since the fall tank its iran and much of star oil in the face of sanctions and used by the u.k. and other western nations to support will always be remembered by the iranian people with us today we have noticed agreements with but we are the proud. american pressure o

and that's a big part of japan's problem. for the thing for me. i did everything g i could to begin mixed amongst all the rubbish there's also some clean plastic that could have been recycled. for the meet the it's a shame. people should sort by waste properly so more items can be recycled. at the. hi this plastic will be incinerated as a 60% of all the plastic japan produces. the japanese are the biggest consumers of f plastic in the world up to the us is it the japanese supermarket and you'll find that just abobout all of te fresh produce vegetables fruits meats and fish. is wrapped in plastic. at the register employees place rap tightens into a plastic bag and then into another plastic bag. meal taken se is among the growing number of people who are battling japan's addiction to plastic. it is wrapped in three different. one is this and then the second one is it's plasticic year and then the third one is the- share it has. quite strong skins that doesn't really that good doing it's not going to you know. i don't know if i'm buying snacks are pl

, working in japan for sub famous foreigner living in japan, working injapan for sub led the revival of nissan. last year, as the report said, he was arrested and this prosecution, this year long drama began. but the big question being asked today here i think is how on earth did carlos ghosn do this? he was under strict bail conditions, hit the house he was living and had security cameras in it that were supposed to be watched pretty much constantly by the police observers. he had his passport, it had been surrendered. in fact, his lawyer today said that he still has mr ghosn's passports. he is the citizen of three different countries and they are still in a safe in his office. the question is how did mr ghosn manage to slip away from his home, escape surveillance and, we guess, we don't know but we guess, go to an airport and get on a plane and leave japan? also red faces because someone and leave japan? also red faces because someone is high profile criticising the japanese judicial system, that will raise some eyebrows, won't it? well, it is again another big question that has be