coming at china limits fuel exports to north korea increasing the pressure on leader kim jong. il the number of people killed in mexico's earthquake reaches three hundred as rescuers refuse to give up hope of finding survivors. isn't one of his name calling to the north korean leader he's taking on american football players protesting against racism. state media and iran have released footage of what they say is see a successful test launch of a new ballistic missile across our has launched was launched rather just a few hours after it was unveiled at a military parade in tehran it follows threats by u.s. president donald trump that washington may withdraw from the two thousand and fifteen nuclear deal president hassan rouhani says tehran will not seek permission from any country to strengthen its defense capabilities. has more. on what these are iran's latest ballistic missile with a range of two thousand kilometers they can reach much of the middle east including israel during his speech president hassan rouhani defended his country's right to protect itself. no matter if you li

asians reckoning. >> there's very little on japan and china. and this is a highly consequently relationship with the world's second and biggest economy, asia's two superpowers, and with a really difficult emotional, scared history. you know where one considered-- china considered itself to be japan's big brother. was brutally invaded by japan and really only in the last 10, 20 years out of the last 150 years china is getting back on top again. and the funny thing about these two countries, they've always demanded the west quite rightly treat them as equals. the west had very racist policies towards asia 50, 100 years ago. but japan and china really struggled to treat each other's, each other as equals. you know, lends itself to an extremely antagonistic relationship. >> glor: we continuing with michael schmidt who broke the story of the boston red socks use ang apple watch to steal opponent's hand signals. >> the yank yees knew that something was going on so they were trying to take every measure that they could to stop it, to stop them from doing that. and that's part of the t

considers something of an ally, something of a benefactor, is china. china has expressed condemnation in the past because of north korea's activities. but china has not necessarily done, according to many sources and according to many u.s. government officials, all that it can to rein in north korea. so the question is, why not? and most analysts and most experts will tell you it is because they do not want to see north korea collapse, they don't want to see potentially millions of refugees spilling out over the border into china. and they also don't want to see the government of north korea collapse and be quickly replaced by a south korean government which is closely allied with the united states. don't forget there are 28,500 u.s. troops in south korea. and if north korea were to collapse, china's assumption is and china's concern is that those troops might multiply and that they might move closer to the chinese border and china certainly does not want to have thousands of u.s. troops on its border. >> richard, does china like north korea as a potential irritant to the united states?

is due to the news live from berlin and their buddies in beijing it seems about both china and the u.s. cracked the north korea crisis the u.s. secretary of state gets a warm welcome from his chinese counterpart to find out what chance they have of bringing kim jong un's rogue states to heel also coming up. confrontation in catalonia as the independence referendum approaches rallies take place in both madrid and barcelona to opals the sunday's vote of the catalonian government insists the vote will go ahead. and in the wonderous legal battle plan and hamburg's inability to score has cost them points can tonight's match spark life into their tax. money welcome to the program growing tension between the u.s. and north korea is at the top of the agenda in meetings between chinese officials and u.s. secretary of state rex tillerson now to listen is in beijing for talks with his chinese counterparts wang ye and with president xi jinping the u.s. feels china is crucial to attempts to stop north korea developing nuclear weapons china has strong economic ties with pyongyang accounting for

world to respond with the strongest possible measures. but china says there must be a return to negotiations. with rohingya muslims continuing to flee to bangladesh, the un's special rapporteur on human rights in myanmar has criticised the country's de facto leader, aung san suu kyi, forfailing to protect them. and this story is trending on bbc.com: the duke and duchess of cambridge have announced they are expecting their third child. the queen and both families are said to be delighted with the news, but the duchess is suffering with severe morning sickness. that's all from me for now. stay with bbc news. and the top story here in the uk: a top manager at security company gas has said he warned his bosses three years ago about the poor culture at an immigration detention centre where ten employees have now been suspended. a bbc investigation at brook house, near gatwick airport, found a toxic, brutal and failing environment. now on bbc news, all the latest business news live from singapore. global leaders debate whether economic sanctions will be enough to stop pyongyang in its

inaugurated. it is a holiday weekend in the u.s., marking labor day tomorrow. china has expressed annoyance at north korea's frequent ballistic missile launches, but analysts have said china probably would not take serious action must there is another nuclear test. sunday's events to change the equation for washington. let's get to the phone lines and your response. here are the phone numbers. (202) 748-8000, that is the line for democrats. (202) 748-8001 for republicans. scott in pennsylvania, good morning. caller: good morning. unfortunately, we have got to do one of two things. either we have got to have the cia employee and assassination -- employ an assassination plot against the sky or preemptively strike this guy. this is getting ridiculous. i am not comfortable with this guy threatening the continental united states. you can see how this guy is recklessly behaving on the world stage in his pursuit of nuclear weapons. you can imagine how he is going to act once he has these weapons. he is going to wreak so much havoc in the region and the world once he has everything in pla

beijing by charles liu a senior fellow at the peking university center on china and global affairs and the founder of how capital thank you all for joining me on this special edition of outfront robert gallucci let me start with you there's been escalating rhetoric from both sides missile tests joint exercises u.n. votes it all seems to be kicking off but how close do you think we actually are to all out war to an armed conflict between the united states and allies and and the d.p. r. k. north korea where i want to say is that we're not close at all but then of course i don't know and i think it's hard for anybody to know when you have leaders in the two countries. kim jong un and president trump who are relatively new to. this deterrence game and i don't mean that flippantly but the dynamic of that interaction you referred to some of their their comments so yes we could have a situation in which there's an escalation in north could do would have threatened to do which is splashed down some missiles around. i don't think the rhetoric itself will cause an escalation toward fairly confid

six party talks at that time the six parties china the us russia are ok and japan was china being the chair of the dogs made concerted efforts and the two major parties concerned the us and. the political decision we have formulated the road map. of the peninsula undertook to abandon you know its nuclear programs and the us undertook to normalize its relations with the d.p. r. k. all parties committed to setting up a permanent peace mechanism for the peninsula the statement opened up new vistas for regional stability. to hope for peaceful settlement to disputes of years have passed some things have changed on the peninsula and the joint statement has become outdated but we believe that more things following the progress of trend all the time never become outdated and decisions on the right side of the history never become obsolete if there is any change anything we need now is a new garage that is more comprehensive sorrow and more irreversible there should be no new nuclear weapon whose date whether it is in the house of the militia or whether it is in the northeast or other part

this is d.w. news live from berlin their buddies in beijing it seems but will china and the u.s. crack the north korea crisis the u.s. secretary of state gets a warm welcome from his chinese counterpart and tillerson says the u.s. is in contact with north korea also coming up. confrontation in catalonia as the independence referendum approaches rallies take place and both madrid and barcelona to oppose sunday's vote for the catalonian government insist that the vote will go ahead. and in the bundesliga better braman and hamburg's inability to score has cost them points can tonight's match spark life into their attacks. i'm happy quite often welcome to the program u.s. secretary of state rex tillerson says the u.s. is in contact with north korea over its nuclear weapons program and is probing the country's willingness to talk tillerson made the remarks in beijing where he's held meetings centering on north korea and trade the u.s. use china as crucial to attempts to stop nor. korea developing nuclear weapons china has strong economic ties with the anyang accounting for about nine

self-delusion. as this subcommittee learned in july, if china is not part of the solution to north korea, it is part of the problem. chinese officials have full and short on in forcing u.s. itselfns that beijing has signed on. as the u.n. security council talks following the nuclear tests, it is still unclear if china is committed to mean finally to meaningfully attacking north korea threats. kim jong-un's eagerness may not be inconsistent with chinese interests. as all the talk of china rival to u.s. power, we are asked to believe that his hands are tied when it comes to a small, economically dependent state next-door. if chinese officials hands are ties -- are tied, we should proceed with secondary sanctions so that their banks and assist international efforts to cut off north korea's access to finance. if china could do more than it has, secondary sanctions may finally inspire it to do so. thank you to our witnesses for appearing today. i look forward to your testimony. the chernow recognizes gwen moore from wisconsin. >> thank you. absence of ourhe full committee, i want to sha

korea is a rogue nation which has become a great threat and embarrassment to china which is trying to help but with little success, the president also suggesting that the south korean policy toward north korea is not working tweeting south korea is finding their talk of appeasement with north korea will not work. they understand only one thing. no word yet from the president on what that one thing might be, whether it's military action or more economic pressure but treasury secretary steven mnuchin on fox news sunday just a short time ago said he will send the president new measures to put the screws to people who are doing business with north korea. listen here. >> i think the president made it clear he will consider everything but we are not going to broadcast our actions and you know we'll continue to look at all our options but my focus right now working with the president with others to make sure that we put additional economic sanctions, we work with china and others china has a lot of trade with them, there's a lot we can do to cut them off economically much more than we've don

in which it suspected of money laundering like china and russia. the house financial services subcommittee hosted scholars and two of them were former federatfederal government advisors. also those from the united nations security council. this is about two hours. [inaudible conversations] >> we need to declare recess of the committee and members will have five legislative days in which to submit extraneous materials in the record. this hearing is entitled a legislative proposal to impede north korea's access to finance. we now recognize myself for five minutes to give an opening statement. today's hearing will examine draft legislation that would impose secondary sanctions on foreign banks whose business supports the north korean regime. whether directly or indirectly. by encompassing both the economic activity in north korea, these measures would represent the toughest financial sanctions yet directed at north korea. this means going after coal, petroleum, textiles and minerals as well as north korean laborers abroad. in addition, the bill would incentivize greater by levera

persuaded china to get its central bank behind an effort to freeze all banking transactions, with the country of north korea. the devil in the details, what they do. ambassador nikki haley will no doubt elaborate later on. trish regan right now. hey, trish. trish: i'm so happy they're doing that. neil: absolutely. trish: as i keep saying there is economic alternatives we should explore. this is one of them. neil: a big one. trish: thanks, neil. trish: president warning countries whose banks do business with north korea. we expect to hear a whole lot more about these actions from treasury secretary steve mnuchin in just a short time from now. that is coming up. all of this as we look that is soft lightly. i'm trish regan. welcome, everyone to the intelligence report. the president meeting with leaders of south korea and japan today, urging our allies in the region to continue putting pressure on kim jong-un, to join in our efforts to cut resources to the rogue nation. as we have learned china, finally told its banks to stop doing business with north korea. is this enough. we'll ask

talk about it but it's china and the reason why china is causing so much chaos in the markets and talked about constantly is because we have the nineteenth national congress of the communist party that's going to be held october eighteenth the last time one was held was in two thousand and twelve so every five years and as i say they like to hold plans have to plan ahead for the future we're not allowed to do that we're down to five nanoseconds they plan for five years we plan for five nanoseconds because you get to get ahead of the next guy with a six nanosecond trade. was over at zero hedge. a few days ago and it was interesting that they had headline after headline about china roiling all these different sort of markets or oil markets big market dollar market so anything they say seems to have not and priced into any price discovery mechanism the prices like drought flash crash and big coin oil gold so the first headline reads crude is getting slammed after china headlines beijing's push to use crude import quotas and licenses as a tool to spur consolidation with in china's ind

efforts this this way appears essential. china's response to stronger sanctions has been sited as a concern as the country accounts for 90% of the north korea's trade. i would submit those critics should be far more sensitive to a quarter century of failed multilateral efforts to rein in pyongyang. there comes a time with caution becomes a euphemism for self-delusion. as the u.n. security council talks following the north's sixth nuclear test have demonstrated, it's still unclear if china is committed to meaningfully tackling the north korean threat. we are curiously asked to believe that its hands are tied when it comes to a small economically depen dent state next door. well, if chinese officials hands are tied, then we should proceed with secondary sanctions so their banks can assist international efforts to cut off north korea's access to finance. i want to thank our witnesses for appearing today. i look forward to their testimony. >> thank you so much. i'd like to share some thoughts she's committed to paper regarding today's hearing. i want to thank our witnesses for joining u

paris climate agreement, 195 signing countries, india, china and the us, the biggest polluters, they all came together. it has been ratified in almost all of those countries. and of course when donald trump a few months ago said, i'm opting out, he's the only one to opt out from it. because the us cities and states are in it. it would take years for the us to actually get out of it and donald trump will be history, hopefully, by then. so there is the time of the signing and the time of the implementation. and i think it is time for everyone of us. individually, we can have an massive impact on the reduction of carbon emissions. which is at the beginning, which is the root of the problem. individuals can do what they can, but there's a bigger picture and its industry, and aerospace, and nations have all got to be acting in concert to have any substantial difference. that's why we had an agreement and that's why for instance, public transport, the americans must start hopping on trains rather than planes. it already happens in europe. just imagine, if europeans, who hop on planes for o

holiday. we will be looking at china's role in the crisis. how sanctions may target its oil lifeline to kim jong-un's regime. writing into bitcoin. the cryptocurrency tumbled at the pboc declares coin offerings illegal. anchor: let us get straight to some breaking economic news coming across the bloomberg involving south korea for the month of july. the balance of payments for south korea, taking up -- ticking up a bit to $7.26 billion. the good balance coming in a bit .igher at $1.07 billion yvonne, these numbers traditionally may not be that significant, but certainly, a lot more attention is being paid to south korea on the fiscal side and also on the trade side as it looks as if south korea is going to be ramping up defense spending as well as looking towards further trade tensions with the united states, and in particular, given these rising tensions. the good balance coming in at $1.07 billion, yvonne. i know you are out there in south korea, in seoul. you have been reporting over the last several days on the ratcheting pensions with north korea. with north korea. this morning,

of china by january. and as businesses will be kicked out of china byjanuary. and could a dna breakthrough by chinese researchers pave the way to preventing genetic disease? and from london, also when the programme, calls grow for action to help the rohingya in myanmar, we reveal the un failures over the conflict. and waiting and watching. over 100,000 people are now 0ver100,000 people are now displaced as bali's volcano threatens to erupt. it is seven a.m. here in singapore, midnight in london and this is newsday. we begin with china and north korea. long—time allies who have hit a rough patch in their relationship as beijing gets tough on its regional partner. china has announced new measures to greatly increase the pressure on the regime in pyongyang. north korean companies operating in china will have to close down by the end of the year. the moves have been welcomed by the us government which believes chinese policy is now shifting. this is the scion north korean friendship bridge. in return, the north relies on china for over 90% of its international trade. of the loca

what japan says happened on august 29th. no response from the u.s. or china, but clearly there's got to be lots of phone calls happening in the scene. therere getting news that are national security council being convened with south korea and japan. the show's out and saying this is an unacceptable situation to have another missile test of of course we are waiting for beijing. we are waiting for any response from washington to claim responsibility after this kind of event. threatening to sink japan, saying they were threatening to cast the u.s. into ashes and darkness, all of this in response into monday's u.n. sanctions. tokyo. go straight to chris, what has been the reaction of the latest in terms of the government response? chief have had the secretary come out say the latest publication is unacceptable. no indication there will be any further type of reaction. looks like we are following -- falling into the same pattern we have seen many times before so this is my -- not the first north korean missile to go over japan. overd an icbm launched july. it is so that the missile is fly

down its draft resolution to win support from russia and china it had wanted to ban all oil and natural gas exports to north korea but it's had to settle for a reduction in fuel supplies the original draft included a freeze on all foreign financial assets of the government and its leader kim jong un as well as a travel ban. well the u.s. ambassador to the u.n. said the new sanctions mark a big increase in pressure on north korea previous efforts to bring north korea to the negotiating table have failed they have repeatedly walked back every commitment they have made today the security council has acted in a different way today we are attempting to take the future of the north korean nuclear program out of the hands of its outlaw regime we're done trying to prod the regime to do the right thing we are now acting to stop that from having the ability to continue doing the wrong thing with china's urged the u.s. to reduce its presence in the region. the strengthening of military deployment on the korean peninsula and the goal of denuclearization and peace and stability run counter t

defences are tested and strengthened in south korea but china calls for more negotiations. i'm babita sharma in london. also in the programme: pressure mounts on the government in myanmar to end its military campaign against the rohingya muslim community who continue to flee in their thousands. and another royal baby is on the way. the duke and duchess of cambridge announce they're expecting their third child. live from our studios in singapore and london, this is bbc world news — it's newsday. good morning. it's 7am in singapore, 12pm in london and 7pm in new york, where the united nations security council has been in an emergency session to discuss the threat posed by north korea, following it's latest nuclear test. the meeting though, laid bare the differences between the us and china on what approach to take. the chinese ambassador said beijing would never allow war and urged dialogue between the parties. but his us counterpart, nikki haley, said only the strongest sanctions would work, and claimed north korea was "begging for war". from seoul, the bbc‘s yogita limaye starts o

and other officials he's also calling for calm the u.s. use china as crucial to attempts to stop young and developing nuclear weapons china has strong economic ties with north korea accounting for about ninety percent of its foreign trade. earlier i spoke to steven burrill wake our correspondent in seoul south korea i began by asking him how important china's role is in developing channels for communication between the united states and north korea. if u.s. and north korea are in some kind of direct contact and presumably that's a diplomatic process that's going ahead without china's direct involvement and whether or not that you site sit down to talk will depend on a variety of factors particularly the preconditions that they place on any kind of talks north korea has historically resisted talks that were predicated upon its taking steps towards the nuclear as they should that being said china is of course very important to any sort of approach north korea given the amount of economic power that they have on north korea and i think some u.s. policy makers and analysts have in th

also coming up. china limits feel exports to north korea and raising the pressure on kim jong un. also disclosed in is evil and where they will. liberal opposition leader is in a close race with the conservative prime minister. and the death toll from mexico's earthquake approaches three hundred searchers refused to give up hope for possible survivors. bronnie and state media has released footage of what it says is a successful test launch of a new ballistic missile a corum shahr has launched was launched rather just a few hours after it was unveiled at a military parade in tehran apollo stressed by u.s. president donald trump that washington may withdraw on the two thousand and fifteen iran nuclear deal present house and rouhani says tehran will not seek permission from any country to strengthen its defense possibilities and capabilities seen em cosell of reports in those one on one these are iran's latest ballistic missile with a range of two thousand kilometers they can reach much of the middle east including israel during his speech president hassan rouhani defended his count

volume continues to flouder following the financial crisis in 2008 and rapid rise of china as a trading partner for both u.s. and korea, the nations experience increase in volume and market share. and held on august 22nd in seoul -- i must concede that i have no knowledge whether president trump's announcement on saturday was based on the assessment of the first joint meeting or not. i carefully read -- sorry, i carefully read the article written by cutler with respect for her insight and i could not agree more with most of the points she made therein. today we have the best speakers not only on issues of security, but also trade from both korea and the u.s., including wendy. where is she now? that's why i am confident that the session three will also be productive one to show the way, how to proceed the next steps, for the government navigations. and yet, i do not wish to take too much time away from our wonderful speakers we have lined up for today's forum except for a few word on korea foundation that i'm representing. every year the korea foundation puts heavy emphasis on pr

>> from our studios in new york city, this is "charlie rose." reporter: china and japan remain an ever present competition, even as china surpassed japan as the dominant power. the growing power also calls into question the u.s.'s future an influence in asia. the book "asia's reckoning" calls into question these powers. good to see you. >> thank you for having me. it is terrific to be here. jeff: you talk a lot about the concept of americana. is it over? >> it is not over yet. asiaericana in east shows america as the dominant power since the second world war and the policymaking power. let me give you an example. it is quite remarkable that 70 years after the war the u.s. still has troops in south korea. it still has troops in japan. it has troops in australia. it has facilities in thailand, singapore, the philippines and the like. interwoven set of security guarantees that the u.s. provides for east asia and has provided for 70 years. i guess linked up up with the economic system the u.s. has built since the second world war and built along with europe, which is basically built a

. geological survey. the reportedly readily buildings in china and russia. pyongyang has been firing off record test at a record pace. the trump administration now threatening to strengthen the penalties. potentially cutting off all trade with any country that does business with the north. john roberts is live from the north lawn. >> good afternoon. about 45 minutes ago, and extra nursing from secretary of defense, james madison. the type of language i cannot remember hearing out of the u.s. officials mouth since the cuban missile crisis of october 1962. secretary madison the president gathered together a small group of national security advisors to hear the military options that might be available to deal with north korea. listen to what he said. >> we have many military options and president wanted to be briefed on each one of them. we make clear that we have the ability to defend ourselves and our allies, south korea, and japan. from any attack. >> hears when that language got strident. they warned north korea not to threaten the united states, its territories or allies with a nuc

. whatsapp is blocked again in china. is it another blow to facebook‘s ambitions in the country? we'll be live in shanghai. welcome to world business report. i'm ben bland. we start with a major dispute over planes that good have big implications forjobs and trade in canada, the united states and here in the uk. later today a us trade court is due to give a preliminar decision on allegations of price dumping. the american giant boeing is accusing its canadian rival bombardier of illegally selling planes below cost price. the dispute centres around bombardier‘s biggest ever orderfor its c—series passenger jets. in 2016, the major us airline delta agreed to buy up to 125 aircraft in a deal worth approximately $5.6 billion. however, boeing alleges that bombardier agreed to sell the initial 75 planes to delta for almost $14 million a piece below their cost price. that's something boeing argues was made possible by illegal subsidies from governments in canada and the uk, where the c—series‘ wings are made. bombardier has rejected boeing's accusations as hypocrisy and said in a state

: i had a very productive conversation with governor cho of the people's bank of china. we are going to work together. this action is directed at everyone. it is no way that it is in no way directed specifically at china, and we work forward to working very closely with them. reporter: can i just read a quick section. no aircraft that lands in north korea may not land in the united states within 180 days. is there anyway you could put a number on how many ships or aircraft would have been affected by this, so we can get a sense of the scale? secretary mnuchin: that is another important aspect of the eo. working very closely with the coast guard and others on this. i'm not prepared to give you a number but it is very significant. and, further, we can put actions against ports, as well. why will this round of sanctions work when others have failed? let me bemnuchin: clear. i don't think other sanctions have failed, but these sanctions are very significant. not only does it allow us to sanction individuals or entities , but it allows us to freeze or block any transactions with any finan

and china aligned with each other, saying that their idea is for north korea to halt its missile program and the u.s. and south korea south korea to stop their joint military operations. you can see that something that might seem obvious to some pile on those sanctions fully enforce them, that's not so obvious to russia and china. so it could be very difficult to get china on board to the extent that the u.s. wants to see. >> you mentioned south korea. let me come to that. michelle, thank you so much. speaking of this u.s. ally, president trump has now taken a swipe at south korea. this is what he tweeted over the weekend -- south korea is finding, as i have had told them, their talk of appeasement will not work. they only understand one thing. on that piece, let's go to will ripley. on top of the tweet, with you know he talked to shinzo abe twice, but it took more than 30 hours to call south korea's leader. that call did happen a short time ago. talk me through what was said and was there any diplomatic fallout? >> reporter: well it's a very tense situation between president tru

reaction which was immediately slammed as unacceptable by china, even of aging did launch an official complaint with pyongyang over the test. china has stressed many times the military force is not an option to solve the korean peninsula issue. many countries also stressed in their statements or speeches a feasible resolution on the peninsula issue is the only correct way out. we agree with that. urgeder: russia has also parties to continue seeking diplomatic solutions to the crisis, but did sentiment to reassess the military balance in the region after the u.s. and south korea deployed more thaad anti-missile launchers. the north reports should be treated with caution, unconcerned instantly or capability was growing. in light of these most recent threats military officials in the south setting up carried out that simulated a test on a north korean nuclear test site. host: for more on this crisis i enjoyed by our correspondents thomas lowe from moscow and brian in beijing. thomas, moscow has condemned north korea's latest detonation of a nuclear bomb. they are making it clear they are

repeatedly involved.to get china tried to hold back on some of the sanctions. walk us through the role that china plays. why so critical, and this china have our back on this issue? guest: sure. let me correct you a little bit. this administration has put pressure on china in the issue with sanctions. host: towards north korea. guest: that is right. with negotiations, i think this administration recognizes limited influence china has on north korea. really, the focus has been raising the economic pressure on north korea rather than negotiation. host: is north korea listening? guest: it does not seem to be, right? i think the bbc headline, war of words continues to escalate. i am not a north korean x burn -- expert, that is the first time i recall hearing a statement like yesterday. it is difficult for the system to back down. once you have the supreme leader sort of putting forward a hard-line, how do you back off and get back to a negotiated solution, which i think everyone agrees is the preferable outcome. host: historically, what has china provided north korea? guest: china has

china bet mark hart spent seven years and two hundred forty million dollars waiting on a crash in china's currency he lost sleep he lost clients he damn their loss to send any and now he's lost his conviction partly called for more than fifty percent yuan devaluation last year has turned bullish on china and its currency he's the forty five year old founder of cory n.t. advisors in texas and he bet big on the sub prime crash won a lot there for his investors bet big on the european bond collapse as well he won big there as well then he lost big on this trying china bet he assumed that china would not that they would want to devaluation partly to stop capital control but to be more competitive and this past week by the way or last week was the biggest surge ever and yuan so he picked the right time to step away well you know another martin gill betting failure was bernie madoff is like you know a big bet on the euro euro paper and believe the doubling down you're talking about john chorus line of m.f. global i'm sorry i don't like all these current is there and i think the fifty tw

of the north korean nuclear program out of the hands of its outlaw regime china and russia may have voted for the resolution but both said it was only part of the solution the u.s. and south korea they said should stop military exercises and remove the fired missile defense system and there should be new talks new that so it's a big mistake to underestimate this russia china initiative it remains on the table at the security council and we will insist on it being considered you know as well that it's pretty clear that the u.s. had wanted to push through a much tougher resolution this is the text that was voted on by the security council but out zeros obtained an earlier version that was circulated last week by comparing the two you can see the items that the u.s. had to drop to get russian and chinese support the original draft included a total ban of sale of oil petroleum and gas to north korea that was changed to some restrictions on sales it also had included a total ban on hiring and paying workers from north korea the original version also called for a travel ban and assets fre

critical, working with china. we cannot work with china as some kind of contractor in this. work with china as something that we somehow outsourced the problem to the chinese. we need to have a serious sitdown, a serious discussion about what oure aspirations are and what their aspirations are. the shanghai accords, when president nixon arrived in shanghai. don't live in hats, somebody spent time putting that rabbit down the hat. henry kissinger spent weeks on and working with -- to lay the groundwork to essentially stuff that rabbit down the hat. i think we need that kind of discussion, we don't need to eat in --tweets in the dead of night, public telephone calls that i don't think really reach the level i'm talking about. we need what is called a deep dive, we need a real effort to understand each other. "ifchinese might say to us north korea goes down, we end up with a situation where it's your ally, and they are right up on our border, you will put troops on our border, listening posts, and we can't accept that." maybe we can have a conversation about that. the conversation consis

doing business with north korea such as china merchants bank and even big state-owned banks like the agricultural bank of china. they have a significant presence in the united states. if they do not stop doing business with north korea, they should be sanctioned now. it is not just china. we should go after banks and company is in any countries that do business with north korea the same way. just as we press china to enforce u.s. sanctions banning imports of north korea: and iran and seafood, we should press countries to end all trade with north korea. this grave nuclear risk demands it. sanctions are not the only way to apply pressure on the regime. frontt maintain a united with our allies. i just returned from south korea where people are on edge. we were there when the missile does nothed over japan matter if you are talking to government officials there or the business community or the average person on the street, they understand the threat. the missilesed that defense system has been deployed. the also used administration is strengthening regional deterrence or additional u

fairly relaxed ahead of it -- i had of this week's fed meeting. china, this traders says that it is an unprecedented threat to global business. we are also looking forward to the united nations general assembly as president trump prepares to address them. criticizing what he sees as bureaucracy and mismanagement. this is bloomberg markets asia. ♪ >> equity markets are higher and higher. the fed and the boj coming through. how do we phrase this? where we go from here? dust of the few minutes ago we were talking about how the boe and the bank of canada raising rates in the fourth quarter. requiring it to throw the conversation for next year. have a look at this chart, the question really is how much can the likes of the boe and the bank of canada, given how strong their currencies have become, continue to follow the fed on its current rate policy? at what point does a policy notngthen, and become inflationary? charts, whatat the it shows you is financial conditions in the united states in the bottom part. they are still fairly loose, and what that means is that despite the fact that yo

, blake, to make sure that other countries, ie, china step up to the plate? blake: nikki haley, un embassador, made it clear a while ago that they feel that some of the sanctions, trish, against north korea are, indeed, working, but she also said that at some point you get to a certain point and there's really not much more that you could do after that. the national security adviser h.r. mcmaster said, at a point you have to stop kicking the can down the road and that's at the point that this administration feels that they are at with north korea. they feel good where they are with sanctions but they know that they can only go so much further going forward. here is hailey and mcmaster. >> there's not a whole lot more when you cut 90% of the trade and oil. having said that, i have no problem to kicking it off to general mattis. >> for those who have said and commenting about the lack of a military option, there is a military option. now, it's not what we prefer to do. blake: of course, some one would to see china, trish, exert more influence to get them to stop launching the missile

correspondent in seoul under thomas mike hanna in washington our china correspondent adrian brown in beijing for us let's cross live to our correspondent in tokyo craig leeson so sins are producing some very strong statements there what else is even saying. yes well he arrived back from this summit that he was attending in india and was greeted by this missile launch he's called for an emergency meeting of the un security council and for the un security council up to that point to implement the strong sanctions or stronger sanctions that would imposed against north korea on choose day and that was bought by the united states and backed by south korea so clearly they don't very happy with the current state of affairs but he did say that japan was prepared for it in that they tracked the missile and that in fact they were able to issue a jail which is a public warning to people in the north of japan shortly after that me saw it was launched and what that does is it sends a message to people's mobile phones it also makes radio and television announcements and gives fair warning that a m

china isa population of rohingya's. but china is a security council member, a permanent member and they have been standing on the side of myanmar. it's difficult to predict at this point but definitely the world is looking at what is happening and they have been urging aung san suu kyi to stop the violence and they expect her to say something in this regard tomorrow. and we'll have full coverage of that statement from aung san suu kyi tomorrow night. stay with us on 0utside source — still to come: the wife of the ousted pakistani prime minister, nawaz sharif, wins a crucial by—election. secunder kermani will explain what it means for next year's general election. the former england captain, wayne rooney, has been banned from driving for two years, and sentenced to a hundred hours of community service after admitting a charge of drink—driving. the everton striker was arrested earlier this month after being pulled—over by police officers in cheshire. 0ur sports editor dan roan was in court. rooney spoke only to confirm his name, address and date of birth, issuing a guilty ple

on this we go to see rob good to tonight is a policy specialist at the institute for china america studies great to have you with us tonight what do you make of mr rouhani he's returned fire so to speak to the trump speech it was the most aggressive i think we've ever heard oran it's the most aggressive you've heard iran and also also at the same time it came across to the international community as a very reasonable response usually we have here indian leaders and think back to mahmoud are many need. and the things that used to come out from his mouth now we oftentimes hear that many of the similar things coming out of the mouth for an american president measure the damage of the trauma speech now keep in mind that his supporters loved it they thought it was long overdue they think the u.n. has not had course had too many resolutions and never been a. organization of action so to speak so his supporters loved it whereas the damage the damage definitely is with regard to north korea it is the foremost international issue i feel off the day in terms of the real potential for in nucl

, mr bannon told cbs that china and the us were already at "economic war". donald trump for 30 years has singled out china is the biggest singled out china is the biggest single problem we have on the world stage. the elites in this country have got us in a situation. we are not at economic war with china, china is at economic war with us. i wa nt china is at economic war with us. i want china to stop appropriating our technology. china is through forced technology. china is through forced technology transfer and through stealing our technology, but really forced to technology transfer, is cutting out the beating heart of american innovation. juliana liu is in hong kong for us. i doubt he said that at the investor conference? well, it's been a really interesting couple of days covering steve bannon. obviously tough remarks in that interview with charlie rose. even more tough words ina charlie rose. even more tough words in a separate interview with the new york times a few days ago when he compared china to 1930s germany, presumably nazi germany in the 19305. all presumably nazi germ

not in to north korea was in but china and nicholas burns who would have been the secretary of state under president clinton said sure his words were not churchillian they were not the greatest and diplomatic languages but they were aimed at china and then gordon chang also if i were president i wouldn't use those words but i would do well on i would want more of what north korea is doing that on two words that were said spontaneously by the president the united states mr mims the way you quoted that mr burns and mr burns was also extremely critical of i don't know triumph or essentially trying to blame to blame a south korea for what mr trump called and he's the talk of appeasement with the north also adding that they meaning the north only understand one thing what could that one thing being in your view that's not what i'm talking about. the reference that i had. was that in the words the words on fire and fury of those words were aimed at china to get china involvement this thing i'm not going to do all on on words that one particular president doesn't use or does use and i

this year right after trump became president was inaugurated and we spoke to dan collins of the china money report the episode title on that day episode one thirty six one zero three six was called china u.s. trade war every member in that episode dan collins said yeah well it's great that trump says he's going to do something about all this hollowing out of the rust belt is going to contemplate whether or not we're in a trade war but america's been in a trade war for at least a decade and they've lost they just don't know it yet well we were right here is a headline from steve bannon about c. and this was just before he was fired or ousted whatever from the white house trump advisor bannan says us in economic war with china the united states is in an economic war with china u.s. president chief political strategist has warned warning washington is losing the fight but is about to hit china hard over unfair trade practices he said quote we are an economic war with china it's in all their literature they're not shy about saying what they're doing one of us is going to be a hedge amman

buddies in beijing it seems but will china and the u.s. crack the north korea crisis the u.s. secretary of state gets a warm welcome from his chinese counterpart to find out what chance they have of bringing kim jong un's rogue state to heel also coming up. confrontation in catalonia as the independence referendum approaches catalonians is this the vote will go ahead there occupying polling stations to make sure madrid's police do not close them down. and in the bundesliga vanda women and how borgs inability to school has cost them points can't deny financial stocks life into their tax. money welcome to the program growing tension between the u.s. and north korea is at the top of the agenda in meetings between chinese officials and u.s. secretary of state rex tillerson to listen is in beijing for talks with his chinese counterparts and with president xi jinping the u.s. views china as crucial to attempts to stop north korea developing nuclear weapons china has strong economic ties with pyongyang accounting for around ninety percent of its foreign trade. and for more let's bri

four days after tougher sanctions. washington calling on china and russia to take action. and markets,sponse 1.10.r-yen above our global disruptors series, alibaba founder jack ma, his plan for international expansion. this is "bloomberg markets: asia." ♪ we thought it was going to be a quiet friday. i would not say there is a lot someise, but there is movement into safe havens. dollar-yen outflows coming through. ind is up, a move down -swissie. suisse on theedit japanese markets and how they are changing their outlook there on japanese equities. , 4055,look at my chart very straightforward. credit suisse is saying if you look at the headwinds facing japan, whether uncertain boj policy, a diminished case for a weaker currency, strengthening since the summer, and we've been 1.10, a flatlining in the markets. you take those two things together and look that the buybacks are tracking lower compared to last year, so it is benchmark right now. we are no longer overweight japanese equities. unsurprising as we move into the open of markets in china and hong kong come 30 minutes away from