tv Taiwan Outlook PBS September 4, 2013 11:00pm-12:01am PDT
>> welcome back to our studios in washington, d.c. we will head to india to meet its fear this new central bank governor. and looking at latin america's most pressing health issues. >> president obama says his red lines are the world's redlines as he takes his campaign for the -- military action in syria to sweden and russia. >> i did not set a red line. the world set a red line. >> obama repeated his call for punitive military action against the syrian government. his administration has been lobbying for congressional backing, and received a boost as the senate foreign relations panel gave its stamp of approval. more updates later in the program. radioactive leakage is an ongoing concern in japan's fukushima powerplant.
prime minister shinzo abe a is pledging to deal with the problem before the 2020 olympics. tokyo is in the running to host the games. the fukushima plant has been leaching contaminated water since the 2011 earthquake and soon army. -- tsunami. i will be back in 30 minutes with more. >> thanks. the g-20 summit is due to kick off at saints peter berg -- st. petersburg amid a economy showing signs of a genuine turnaround. a preview. >> the financial crisis that triggered the creation of the g- 20 lingers on. leaders meet in russia's second- largest city of st. petersburg. facing pressing challenges. the u.s. economy is picking up, but growth remains weak. the european union is still fighting a debt crisis. china's exports have dipped.
emerging economies such as india and south africa are facing capital outflows. >> growth is too weak. unemployment is too high. recovery is too fragile. more work is needed to improve the situation. there is a need for structural reforms across all major economies. >> in july, the imf cut its mobile growth expectation for this year to 3.1%. job creation is a key item on the growth agenda. as high as 25% in spain, and a low of 3% in south korea. average in g-20 countries is 9%. the growth versus austerity debate has shifted. some encouraging signs.
with economies actively pushing for structural and often difficult changes. >> the eurozone as a whole, the economy is recovering. >> the global economic challenges that need to be addressed will test the determination and unity of g-20 members. analysts say it is not realistic to expect the summit to solve everything in just two days. however, continued coordination of national macroeconomic policy is crucial to rebuild confidence. leaders will have the opportunity to join forces and hand out a global response to the most pressing issues. cctv, st. petersburg. >> oxfam says urgent action is needed at the g-20 summit to fix a tax system that has written off poor african nations. the international relief and development group says some countries lose as much as 2% of national income in unpaid taxes.
income lost through tax dodging is more than half the money they spend on health care. the international monetary fund says emerging countries are facing risks of slowing growth. due to the policies of the u.s. federal reserve. reuters exclusively obtained a note prepared by the imf in advance of the g-20. it warned emerging economies that downside risks have become more prominent. the imf said "the greatest worry may well be the long period of sluggish global growth." the imf said despite concerns, noble growth should accelerate in 2014. the g-20 summit will take place on thursday and friday. previous meetings focused on japan. as other countries criticized the wiki and policy. that is likely to be -- weak yen policy. that is likely to be less of an issue. let's cross to our japanese correspondent. >> prime minister shinzo abe a says he plans to tell g-20
leaders japan is pursuing economic growth policies but at the same time maintaining fiscal discipline. japan is under pressure. it has the biggest public debt among major industrial economies, but abe says he cannot reduce that debt unless there is economic growth. with two landslide election victories under his belt and a hectic schedule of international calls since taking office, shinzo abe will be the highest- profile prime minister to attend the summit since junichiro koizumi steps down. shinzo abe has an internationally recognized revitalization plan named after him, and policies that economic say japan -- have made japan a voice to listen to. >> japan is pursuing a growth policy.
it has become more expansion area. more expansionary on fiscal policy, which has been a difficult issue before. most of the countries are trying to rein it in. now it is a leader on these issues. a leader on trade talks in asia. rushing around to get governments together, and working closely. >> but territorial disputes mean japan still has poor relations with some of its closest neighbors and trading partners. bilaterals with china and south korea are likely to take place on the sidelines of the g-20. relations further worsening after shinzo abe failed to mention japan's wartime aggression during a memorial day speech. japan comes to the g-20 table as the biggest debtor, owing more than twice as much as the economy generates. with abbé still undecided about
raising consumption tax, japan is likely to face questions of how they planted to -- plan to balance books by 2020. he is attending the g-20 summit with deputy prime minister and finance minister taro aso. taro aso saying this week he will tell the g-20 that the government will push ahead with a plan to raise sales tax to 8%. shinzo abe says he will not make a final decision until october. >> the bank of japan is halfway through its monthly policy meeting. what are board members focusing on? >> we are not expecting any change in the very broad-based easing policy that was announced in april. no change in interest rates expected. what policy makers may be focusing on is the assessment of the economy, whether -- last
meeting they said the company -- economy was showing signs of improving moderately. since then, we have seen consumer prices picking up. a slight recovery in capital spending. wages, if you include overtime payments and summer bonuses, starting to take up a little bit. also stocks doing well. nikkei closing over 14,000 yesterday and having a touch higher this morning. a wiki and helping -- week-- weak yen helping exporters. on the negative side is the geopolitical risk and the effect on oil prices at the u.s. acts on syria, and signs of a slowdown in asean countries. that will be the focus. >> thanks so much. let's delve more into what to expect from the g-20 summit in russia. joining us live from outside boston, massachusetts, is an economist and professor at harvard university. welcome to the broadcast, and thanks for joining us.
everyone focusing on cereal. folks say that will dominate the meetings. what when you sweep thataway, what are the key issues on the economic front? >> growth, growth, and growth. we are on the fifth anniversary this month of the lehman collapse, and by no means clear of the recession induced as a consequence. what the debate is about is essentially about how to recover growth, how to stabilize growth, how to generate growth across multiple continents. the major players have disagreements about how to do that. the united states and the federal reserve have been following a stimulative path with quantitative easing. europeans have been preoccupied with austerity and achieving fiscal balance. probably more important in terms of the global economy are the outcomes of the german elections, which are forthcoming. looks likely mrs. merkel will be reelected and we will see more
easing as a consequence of austerity of germany -- in germany and europe in general if she is successfully reelected. abenomics is seemingly moving ahead. the great question marks are in the third world, the developing world. how is india going to fare? what is going on in indonesia? can china begin to generate domestic growth... sort -- growth of a sort that is a substitute for the export-let growth of the last two decades? >> one analyst suggested president putin may focus on the brics countries at the expense of your -- u.s. and europe. >> putin is conducting a foreign-policy exercise designed to restore power and respect for russia. he feels more than anything in the syria case, but previously in libya and elsewhere, that the
united states and europeans have been treating them as a second- rate power. so he is determined to tweak the west as often as possible. looking for allies. in china and india and brazil. he has -- it is a path he's going to pursue for domestic, political, and foreign-policy reasons. >> you mentioned -- he has to play with the other members. are they likely to take the bait ? >> i do not think they are. china has not been anyway inclined to be cooperative with russians simply for the rewards of being cooperative. there is a long-term strategy of developing closer relationships that would allow the transfer of enormous quantities of siberian commodities to the chinese economy in exchange for chinese goods flowing into russian consumer economy.
but that has been talked about now for 20 years. i was active during the perestroika period, traveling through the old soviet union as it was collapsing and russia was emerging. the talk of a tip toward beijing is still much more theoretical than what washington is making toward beijing and away from europe. >> there is a report out today from reuters that the federal reserve stimulus might impact emerging markets. what is your feeling about that? >> i understand what the claim is. it probably will, because markets remain nervous. to the degree you are talking about hot money, financial money that can move quickly, i think that is right. the longer-term commodity investments and gradual investment in third-world and particularly african industrialization will go forward and will be driven entirely by fed policy.
but a lot of liquid assets are going to move toward the u.s. and out of emerging markets if the said alters policy significantly enough. >> thank you so much for your time. >> glad to be with you. >> india has a new central bank boss. he is raghuram rajan. former imf chief economist. he famously predicted the 2008 global financial crisis. he planned to take fresh steps to salvage the nose-diving currency, but said india's economy remains solid. >> this is not an easy time. the economy faces challenges. at the same time, india is fundamentally a sound economy with a bright future. our challenge today is to build a bridge to the future. the economy is challenged on
many fronts. the reserve bank has a responsibility. the country could not have asked for a more capable person then-- than raghuram rajan at such difficult times. >> rajan is stepping into the eye of the storm, root -- as the ruby has lost nearly 20% of its value. the economy is expected to grow 4.5%, compared with the 9% expansion a few years ago. coming up, we look at the global health care industry. from the u.s. to latin america. venezuela's health system is coming under increasing pressure, and it will only get worse as the country's infrastructure crumbles. but before that, here's how et e d >> venezlans voiced skeptm
after president maduro blamed saboteurs for the power outage on tuesday. a power blackout left 70% of venezuela without electricity, including parts of the capital, caracas. it partially disrupted underground transport. the president lane peek stream right wing, but gave no evidence. -- blamed the extreme right wing, but gave no evidence. venezuela's showcase project -- marking the seventh anniversary of the caracas child cardiology hospital. set to give free service to
patients across latin america. but in recent years, public hospitals have faced increased overcrowding and deteriorating infrastructure. opposition leaders are attacking the government for using limited resources to provide free care to foreigners. >> for venezuelans, the latin american cardiology is the only place to go. with local public all -- hospitals overcrowded, this state-of-the-art facility in caracas was the only place where the two-week-old son could be saved from a deadly condition affecting his arteries. >> it is a new opportunity for him. without this place, what would we do? we now have hope. and people who have treated us really good. >> this hospital was an integral part of the late hugo chavez's goal of bringing health care to the poor. over 8000 children have been treated here since its opening
in 2006. but the facility also provides treatment to doctors from other countries and treats children from argentina, mexico, and all across the region free of charge. that has stirred up controversy. >> the government of venezuela stds in solidarity with other countries and is committed in helping with resources, especially health care. >> the opposition has criticized the government for providing free health care to foreigners, with patients in a public hospitals facing long lines and shortages of medical supplies. a legislator from the opposition party. >> we have been critical that venezuela's money is practically being given away to other countries. we do believe in solidarity, but we also believe in sf- determination, especially when
we are in need of good health service. >> medical experts here say 90% of venezuelan hospitals are in poor condition. medical workers have gone on strike protesting these conditions. the government launched a task force that will focus on repairing hospital infrastructure. >> in the united states, just weeks before barack obama's health care law goes into effect. internet-based health ca exchanges will begin operating october 1. president obama leaned on former president bill clinton to change perception of the law. speaking at his presidential library in arkansas, he went step by step why he thinks the law is important. >> we need all hands on dck. the health of our people, the security and stability of our families, and the strength of
our economy are all riding on getting health care reform right. >> today's speech is the first of several by prominent proponents of the law that are planned over the next few weeks. in a few minutes, we will have more on apple and samsung's battle for smartphone supremacy. they have the upper hand, or wrist, for now. stay tuned for details.
>> welcome back to biz asia ame rica. after months of speculation, samsung electronics has given the world a speak -- a peek at its smart watch. more from the big reveal. >> saint-saens electronics -- samsung electronics is aggressively pursuing the lead in the innovation race. the south korean smartphone maker revealed its highly anticipated smart watch.
the android-based galaxy gear was introduced as an accessory to samsung phone and tablets. they boasted that customers would never look at a wristwatch quite the same way. >> with gear, today samsung reinvents a centuries-old object. i can proudly say that the galaxy gear is a design statement, an engineering marvel, and something that redefines the model. >> with a built-in camera and speaker in the wristband, the smart watch offers basic functions and may remind users of something out of television shows about spies and detectives . >> welcome to the future. >> samsung is not the first company to bring an interactive watch to the market. nike has had success, but it's audience is limited to fitness buffs. there is the start up that
raised more than $10 million for its project, but so far the watch can only be purchased on its website and best buy stores. if apple has its way, any lead samsung may have in the smrt watch competition will be short- lived. it is rumored the iphone maker will unveil the iwatch just in time for the holiday season. >> for more on the watch and what this means for other companies with similar devices, we are joined by a digital advertising and media analyst. thanks for joining us. you are one of the lucky people who, although the event happened in berlin, it was videocast here in times square. you are at the event. the company says it is a design statement. do you agree? >> it is a very impressive design. it is a very cool gadget.
what i question is if this watch is a must-have. it is a smart watch, but it is kind of a not so smart watch unless it is in very close proximity to the latest generation of the galaxy note phone that samsung also announced. >> so to clarify, on the watch will you be able to get e-mails or text? how is that going to interact with the galaxy phone? >> the watches connected wirelessly with the phone. it communicates with the phone. you are constantly getting alerts via the watch. that you have new e-mails, a new phone call. it has an embedded cameras you can take pictures and upload them to your phone. when you get a phone call, you can even do a dick tracy and talk into your watch. but the watch is not making the phone call.
it is communicating wirelessly with your phone through bluetooth. so take away the phone and the watch is not going to do anything. >> you think it is kind of interest -- cool, but you do not think it is a must-have. why are you convinced this is the new device that every young person is going to want question my >> i am not so sure every young person is going to wanted. it constantly communicates with the phone and needs to be close to the phone. everyone knows young people are already close to their phones. walking down the street like that. >> having said that, all of the big tech players are getting into this space. qualcomm has come out with their own. google, apple -- >> they have google glass, the quantified self. the fuel band from nike. the watch does have a pedometer. the smartphone market is pretty
saturated. people have smart phones. device manufacturers are trying to penetrate what is called wearables as the next market. i think this is a very cool device, an interesting first move. for sam sun, it is the first time they have been pretty much first of market with a cool new device. we are anticipating a launch from apple next week, very possibly a watch of their own they will be launching. the new generation of iphone and possibly linking a watch to that. we cannot say for sure. it is probable. so stay tuned for a whole new generation of watches and other things you can have on various body parts. and have communicating wirelessly. it is going to be interesting. we have taken the phone pretty far already pulled -- already. >> are you are not discounting
wearable smart devices. >> there are limitations to the watch. because it operates on bluetooth technology, it burns through batteries. its battery life is only 10 hours, so you cannot go a day without a charge on it. that is a bit of a limitation. >> the significance that samsung was the first to come out with a smart phone. qualcomm announced. they have beaten apple, for once. is this going to help them with the patent war we have seen going on between the two companies? no copying your product because we came out with it first. >> we are seeing all the major device manufacturers file for patents on smart watches. there is a real land grab out there. we will see who wins this war. interestingly, samsung has won another battle. ios was the standard bearer in the smartphone category, but now android, developed by google, is
samsung's territory, now the dominant platform, leaving globally in smartphones. >> everyone is paying -- playing catch up now. -- apple is playing catch up right now. this is a very heated up market. blackberry used to be dominant. it now receding into the sunset. nokia, just acquired by microsoft. very interesting time. >> thank you so much for joining us. a digital advertising and media analyst. >> thanks for having me. >> panasonic says it will no longer sell smartphones in its home market of japan. the company used to be one of the top-selling handset makers in the country. now executives are bracing for the mobile division to post losses of $11 million. panasonic will move handset production to india and other countries to save money. for more on what is happening in
washington in relation to a serious, let's head to alain. >> our top story -- on his way to the g-20 summit in st. petersburg, u.s. president barack obama stopped in sweden and spelled out exactly why he thinks an attack on syrian government assets is justified. in washington, he campaigned to get congressional support for a punitive strike. let's hear what obama said. >> i did not set a red line. the world set a red line. the world set a red line when governments are presenting 98% of the world's population said the use of chemical weapons is abhorrent and passed a treaty forbidding their use even when countries are engaged in war. >> hours ago, obama's plan to launch strikes against the regime of president assad got a boost from a senate panel vote. joining me here on set with more on that. >> the senate foreign relations
committee voted to authorize a strike and provide the admin -- provided the administration guarantees there will be no troop appointments in syria. a big step forward for the united states, backing barack obama's decision to strike syria. however, there are still many questions from capitol hill, especially the u.s. house of representatives. >> john kerry face more problems than just a handful of protesters who held up their hands covered in fake blood. kerry had to contend with more questions and skepticism from a house of representatives far more hostile than the u.s. ended. >> this represents 300 e-mails my office has gotten. not one member in my district in south carolina or people who will contact my office say go to syria. to a letter, they say no. >> this will not stop the butchering and killing that takes place over there.
what is the purpose? what is the endgame? >> the u.s. house of representatives is controlled by republicans. the question now is whether they blocked his proposed plan of action against syria. >> this is about the world's redline, humanity's redline. a line that anyone with conscience should drop. >> echoing the president's redline language, the u.s. secretary of state fended off questions about the potential cost of action in dollars, american lives, and to u.s. allies in the region. >> when i was in the senate -- cumbersome and, i am going to finish. -- congressman, i am going to finish. >> the powerful foreign relations committee in the senate passed in the rosacea and giving the u.s. president up to 90 days to take military action against syria. they not be a full debate and vote in the senate after it returns from recess september 9. >> backing that was powerful
u.s. senator john mccain, though he did push for stronger action. so far, half of u.s. senators say they will back barack obama but the house of representatives will be more difficult to persuade. they serve just two-year terms, so house of representatives members are always thinking about reelection challenges. public opinion polls say 60% of the american public are against a strike, even if chemical weapons were used. >> we have seen this before, other issues the congress is dealing with. the senate passes something, then it goes to the house of representatives, where it basically dies. do you think obama's gamble will pay off? >> i think there are differences here between domestic agenda. first of all, the leader of the house, house speaker john boehner for the republicans, has said he is for it. a republican for something barack obama does. also a vote of conscience.
you do not have to go with your party. this is good and bad for barack obama. considering where the senate is leaning. there is a feeling in the united states that you have to unite behind the stars and it comes to war. may actually win the day. but it is not a done deal yet. >> democrats and republicans agreed in more ways than one. something you do not see often. thank you for that. world leaders are gathering in st. petersburg for the g-20 summit later this week. normally a time to talk about the global economy. syria is likely to overshadow the agenda. president barack obama and russian president vladimir putin has been at odds with how to respond to the syrian crisis. u.n. secretary-general bank e- mail and -- ban ki-moon urged them to seek a political solution. our political correspondent has this report.
>> gun and smoke in the outskirts of damascus. the war has left more than 100,000 dead and disagreements over how to end the bloodshed have created sharp divisions among powerful nations. world leaders arrived in st. petersburg in advance of the g- 20 summit, still at odds over allegations of chemical weapons used in syria. in a television interview, vladimir putin called the allegations completely ridiculous, but did not rule out action if more evidence emerges. >> i do not exclude this, but i would like to draw attention to one absolutely key aspect in line with international law. only the un security council can sanction the use of force against a sovereign's eight. -- sovereign state. any other method used to justify the use of force against an independent sovereign state is inadmissible, and can only be interpreted as an aggression. >> russia and the united states
have been at loggerheads over what to do about the syrian civil war. in sweden, u.s. president barack obama said he was hopeful russia would change its position. at the un security council, russia and china have vetoed three resolutions condemning the government of syrian president star -- bashar al-assad. a government spokesperson said china is pushing for political solution. >> we are concerned about the possible unilateral action. any action should conform to the principles of the u n charter and avoid competition the issue and bringing more disasters to the middle east. >> australia's envoy to the u.n. hopes the rotating presidency of -- holds the rotating presidency of the security council. he said further council meetings would be unproductive. >> the reality is with the stalemate, however, there needs to be a re-energized to dramatic effort. the gear has shifted. focus has shifted to the g-20 meeting. that is just a reality.
>> australia's ambassador says that unless the united states and russia reached some kind of agreement on syria the un security council has very little recourse. the u.n. continues to say there is no set timeline for a chemical weapons and action report and it remains to be seen if that report will come out before the u.s. decides whether or not to take action. cctv, new york. >> french politicians are debating whether france should take military action against the area. -- syria. the french prime minister addressed the parliament wednesday. he told members that not reacting would put the region in danger. he also assured them france would not act alone. the socialist government is not getting support from the right- wing opposition, but neither does it need it. legally, the french president can go ahead with military action with or without the parliamentary vote of approval. the world has been expecting syrian president bashar al-assad to defend himself against allegations of using chemical weapons.
more from inside syria. >> so far there has not been a formal response from the syrian government in regards to this issue. we heard a press conference this afternoon from syria ostman this era of foreign affairs. he discussed these issues. he denied any allegations of using chemical weapons. denied allegations of his government involved in attacking a united nations mission. the tactical bases in controlled areas are not on the lines between rebel-controlled areas and government-controlled areas. they were completely in government-controlled areas. -- rebel-controlled areas. he said they would offer cooperation. at a time when western powers are pushing for a strike against syria, they are not willing to
wait for the investigation to end. this investigation will only decide if chemical agents were used or not. at a time when they are willing to go to war without hesitating, the investigators could go on -- could not the one with work today because of security risks. as a result, the team was told by forces that they would continue with their work tomorrow. but it is unclear how they will function in rebel-held areas. also, we do not know how they will perceive it. western countries say they will go on anyhow. it is futile to understand why this investigation is going on. >> tokyo wants to host the 2020 olympic games. after the break, a look at whether japan could be ready to
>> tokyo is one of three cities bidding to host the 2020 summer olympics, going against a simple and madrid. the international olympic committee will decide which city will host the games. residence in tokyo feel they have a pretty good shot to win it. >> less than one week until the decision for the host city of the 2020 olympics. olympic heat is catching up on tokyo residents. >> my parents told me about the last tokyo olympics and how exciting it was. we do not get this chance often. >> many feel tokyo has a strong
chance to win the bid. >> i think tokyo has the best infrastructure and venues to offer. >> we already have a good transportation system we use daily. tokyo can offer safety, security, and stability. >> around $30 billion of windfall from hosting the games. some economists say that if tokyo wins the bid, they will be more economic benefits. >> the real effect, if tokyo does win, there will be positive elements to the market. positive gains in olympic- related stocks. >> and hundreds of billions of dollars more in a new development and infrastructure products, in addition to tourism. recent incidents of contaminated leaks from the fukushima powerplant is raising concern in and out of japan, overshadowing the safety tokyo is trying to appeal.
authorities have been trying desperately to contain the situation, with very little result so far. the tokyo government realizes this will be the hardest challenge tokyo has to overcome. >> we have not seen any radiation-related issues in tokyo. the important thing is to be open and disclose any necessary details that may concern the public. >> japanese olympic committee members have artie (serius for the last -- have already left for buenos aires for the last appeal. some say the power plant has already clouded their hopes for host city. >> meanwhile, japan's prime minister is promising that concerns about contaminated water at the crippled nuclear plant will be addressed before the 2020 olympics. shinzo abe said the government will step in and deal with the radioactive leakage around the plant after repeated failures by its operator. the facility has been leaking contaminated water since the massive earthquake and tsunami
in 2011. >> we are aware of concerns over the issue of contamination water leakage at fukushima. the government will take charge and we will definitely resolve this problem. we are determined to take drastic measures on a maximum scale so there are no problems by the 2020 olympics seven years from now. >> the japanese government plans to spend nearly half $1 billion on an upgraded water treatment unit and an underground ice wall to block radioactive water from leaking out of the area. for more on how the fukushima problems that impact japan even more than they already have, i am joined by an expert on nuclear policy. welcome to the show. based in what you have seen on japan's cleanup plan, is prime minister shinzo abe correct when he says fukushima contamination will not be a problem seven years from now? >> i think the prime minister is
being very optimistic. that is what prime minister's are supposed to do. it is quite possible that the difficulty in cleaning up fukushima will continue for decades. it is really extraordinary nightmare. an exceedingly difficult technical problem to solve. we have seen that in the last few days with increased leakage findings and high radiation. >> you mentioned decades. what is a realistic timeline for complete cleanup, or will there always be some kind of lingering effects? even if things were considered safe by japan, how safe would it really be for athletes and tourists going to an olympic games? >> there are several issues. we have never had an accident of the sort. we have had massive amounts of contaminated water. a lot of that is leaking into the ocean. the fish can concentrate that radioactivity where it can cause
cancer and leukemia. there is no safe level of radiation. every bit of radiation you receive increases cancer risk. on the other hand, tokyo is quite some distance away. prime minister abbé is probably correct that there is not a huge radiation risk in tokyo, and there will not be at the time of the olympics should they be held in tokyo. that is a very different question of whether we will get the fukushima accident under control in reasonable time. we have never had to face a disaster of this sort. >> let's take the limbic games out of this. you mentioned recent reports of more leaks. in your opinion, do you think of doing everything possible to- cleanup and prevent something like this from happening again? this is two years later from the accident. >> the official investigation that occurred in japan looking at the cause of the accident found one of the key components,
a too-cozy relationship between regulator and industry. the very problems that led to the accident continue to this day. we continue to hear reports of surprises at tanks that were not prepared appropriately and are leaking. figuring out a way to get that much water out of the system and not into the ocean. i think it is kind of a haphazard regulatory structure. tepxo is clearly -- tepco is clearly over its head, as it was when it was running the reactor. there are about 2000 times the long-life radioactivity of the hero shema bomb inside the multicourse. -- melted cores. much of it dissolves in the water, and the water carries it out to the ocean. that is a fundamental problem.
the reactor was supposed to stay intact and stay solid. but it melted. releasing the radioactivity. this is an immense problem. look at the numbers. they found 2200 millisieverts per hour. that is the -- enough to give the average person a lethal dose in just two hours. these are immense amounts of radiation, and they are leaking. there is no simple way to control it. the ada you can put an ice wall in and contain it is speculative at best. we have decades for which such a system would have to work. it has never been done on this scale. >> we have about 30 seconds. with all these revelations recently, give us an idea of what the reach we are seeing from all this, globally, and especially with respect to japan's neighbors nearby? >> well, the radioactivity when
it is released into the air travels long distances. when it reaches the ocean, it gets concentrated. it gets diluted in water but concentrated in fish. fish swims huge distances, and people eat them. in some sense, it is a global disaster and radioactivity will be widespread. it will not be any huge risk to any individual, but over large numbers of people substantial amounts of cancer could result. >> thank you so much for your time. still to come, a look of -- at business news around the world, including how president obama's decision on syria is affecting asian stocks. how google is helping people see works of art from museums around the globe without ever leaving their computer.
more than double exports to china in the coming years. xi jinping arrived on tuesday, and joined the turkmenistan prime minister. turkmenistan hopes to boost gas exports to china to 65 billion cubic meters per year by 2020. up from 25 billion cubic meters this year. beijing announced that two provincial officials have been expelled from the communist party of china and will be prosecuted as the crackdown on corruption continues. one of the top officials in inner mongolia economist region, he allegedly used his position to confer benefits on others in exchange for money and profit. he was vice-chairman of the provincial advisory body in a south china economist region. accused of breaches of discipline.
like everything else these days, art is becoming more and more digital. google is a big reason why. the founder of google's our project recently spoke in beijing about how technology is helping to improve access for millions of people worldwide. as grace brown reports, some artist copyrights are making things more difficult. >> imagine seeing van gogh's "starry night" so close that every layer of paint is visible. or every crack in an ancient stone tiger from the late shang dynasty. more than 40,000 artworks from more than 200 museums around the world can be viewed online. each containing around 7 billion pixels, roughly 1000 more times than the average digital camera. the move to promote better access to art. the project allows users to look at museums and art from around the world. from ancient treasures in the
taipei palace museum to the museum of modern art in manhattan, all in the clique of a button. but there are copyright concerns to sharing our digitally. particularly in china, where intellectual property rights laws are not widely enforced. in the case of one italian's daughter, whose prize-winning sculpture was found copied near the dash near one city. an artistic hub in eastern china. the google arts project founder says goodwill will play a key part in protecting artists' works. >> museums have to make sure they have cleared the copyright before providing us any material. google does not take responsibility for managing the copyright, because we do not have expertise in this area. we have explained to users the images are not meant for download and printing, and we hope users will respect that.
that is why museums are willing to give the images. if you do not respect their wishes, we will not get access to information. >> but museums are optimistic about the prospects. >> each year, the number is around 700,000 visitors. if we promote our programs on the internet, we will have millions of visitors. >> others say the real thing is hard to compare. >> i could visit real museums. internet allows a lot of room for data, but it can only progress so far. for large artworks like big pictures on walls and large sculptures, size really matters. you cannot experience this on the internet. >> if it succeeds in its mission, the digitization of our could share culture with millions in developing countries across the world, like china. cctv, beijing. >> that does it for world news.
>> art and culture for us tonight. let's head over to asia and check out markets. tension in syria and the latest u.s. jobs data are weighing on investor sentiment. let's go to kathy yang in hong kong. >> investors continue to lose their appetite for asian stocks. after the u.s. senate gave provisional backing the u.s. president barack obama's campaign to get support for limited u.n. -- u.s. strikes in syria. shares outside japan fell wednesday for the first time in four days, led by india and indonesia. in the first hour of trading, stocks are mixed. wednesday's sautéed emerging markets in asia such as india and indonesia, hit by a double whammy of rising oil prices and tumbling domestic currencies. investor anxieties were heightened after the u.s. non-
farm payrolls -- ahead of the u.s. non-farm payrolls report on friday. should give details of the federal reserve's plan to scale back its massive bond buying program. of japan decision in monetary policy. the nikkei to 25 index is down slightly after hitting a four- week i. a newspaper citing several resources that the bank of japan will consider further stimulus policy measures if prime minister shinzo abe decides to raise the sales tax to 8%. sources say the doj -- to be o.j. -- boj say they will pump more money into the economy before the scheduled tax hike. hong kong listed shares dropped after bank of america announced it would sell its remaining stake in china construction bank.
china's second-biggest lender. china construction bank shares in hong kong are up. the broader market in china's mainland is down after hitting multi-year highs. back to you. >> finally, a tale of treasure under the sea. a salvage company in florida made the discovery of a lifetime. discovering more than $350,000 worth of gold in a spanish ship that dates back to the 18th century. the crew found 23 meters of gold chains and coins from the 1700s. they will keep half the money. they also donate 20% of the state as part of a museum exhibition. we will be back here again tomorrow. hope you are as well. ♪