it is a dangerous way that japan is heading. and shinzo abe's regime and administration, and i am afraid of that. why did did you think making a film about 1945 might address those issues? well, it is clearly telling how difficult it is to abandon the army once we had this organisation. the emperor had to come out and to speak out and it made such tremendous effort for everyone in the cabinet to finish the war, to end the war, and to abandon the army, to save the nation. and if japan moves that way again, to form a new type of army, i feel fear of what we're doing, that we're going to harm's way. some think it is unnecessarily anxious view of the current japanese government. to bring about the surrender, hirohito had to face down resistance at the top of his government. and harada says portraying the emperor on screen today also involved taboos. while in preproduction, i checked about the safety of making this film and asked mr hando, who wrote the book, and he asked some right—wingers and checked the situation, and maybe it i

exports about seventy eight billion euros worth of goods to japan and japan the other way around seventy seven billion so when you eliminate tariffs it pretty well works out to the monetary benefit for both sides but for the e.u. especially it's interesting that a part of this deal is opening up the agriculture and food part of japan which was very very protective now they can import cheeses and other products irish whiskey you know interesting thing is where before japan could put imitation products into its supermarkets for consumers which didn't really come from ireland or from italy now if it says parmesan or irish whiskey it has to be the real thing it has to be the real party john which is why this deal has also been like tongue in cheek was dumped because of course because of history in germany just briefly is this a competition how do comic cars here react to that i think the competition will increase because when you let tariffs go on japanese cars there are so many brands here they each have a boat two to four percent of market share so there will probably be a few less volkswa

is boosting marriage in japan. so it's a lot of pressure. well it's mostly thanks to him that we met each other. although. while more and more japanese are moving toward western style weddings more and more eco have opted for a traditional shinto ceremony. the shinto priest finds the bride and groom. then he invites them to taste the sacred socket. as his custom they share three cups which they take turns drinking. and then clamor amery co exchange found their families are visibly moved. so julianna the matchmaker. i. yes. she says she did this is probably the face of the future of japan weeks with more and more marriages to foreigners this could be what the future looks like. it will depend lots more mixed babies as well. if marriage is to foreigners don't do the trick the japanese can always turn to the gods. each year the city of color sakena tokyo celebrates kind of. the fertility fast of all. was since the seventeenth century the residents have counted on the first sunday of april to parade giant palaces and the streets. costumes candy

japan has taken many steps. how would you describe the stance of japan now? >> the thing about japan is it has been persistent in seeking large-scale free trade agreements. tpp has already been signed, also the japan [indiscernible] has been signed. last week there was a meeting on partnership which is 16 countries, free trade arrangement. that has been making progress. japan has been pushing forward on the mega deals to show the world that the trade liberalization is still taking place. kathleen: is there a defensive position instead of proactive -- definitely japan gained something, but e.u., but they lose a very big buyer from a very important product, and not losing altogether but the question of the u.s., cars for example, looms over both countries, especially japan. yorizumi: the trade war, nobody will gain. japan is ready to show. it is proactive actions japan has been taking. hopefully mr. trump will also think about possible, the return to the transpacific arrangement known as tpp. kathleen: do you think there is a chance? yorizumi: unless the u.s. w

and japan signed the world's largest ever trade deal in tokyo. to the signature of the e.u. economic partnership agreement is a landmark moment for go with the if we used together you call them is that the cone for the third of the world's g.d.p. and over six hundred million people. to talk start off to a difficult start and took a full four years but as u.s. president donald trump ratcheted up the protectionist rhetoric over the last one and a half years the negotiators set about sealing the deal in double quick time. money again they. are currently rising concerns about protectionism globally. within this context i believe it is extremely meaningful picture power and the e.u. are sending a message to the world i think about the importance of free and fair trade it all or more likely the. japanese automobiles currently place ten percent e.u. import tariffs they will now be completely done away with for the europeans the food industry is the big winner of the deal that will now be much easier for the new producers to export cheese chocolate me to japan a nation of prosperous

in japan? the home ground of the japan restoration party is very keen on building ir casinos and integrated resorts. they feel that would help give a boost to the economy of osaka. i guess it will but at what success -- at what expense is something that they need to answer. rishaad: we have had osaka and hokkaido being highlighted as destinations. benefit,ch economically speaking, would they actually give? >> they did say that they could create one trillion yen of economic boost. for each party, that is a large amount of money to enjoy within that municipality. actually partially surprised that the casino bill has gone this far despite overwhelming disagreement against casinos. sort of political capital being spent on pushing the casino. i think it now looks like there will be a casino in japan at some point in the next five years. question, thest overall macro one. donell, what needs to be to take japan's economy to the next level? what can the governor of the bank of japan do? >> i think that

and interesting, for the eu and japan to doa interesting, for the eu and japan to do a deal with this —— to do a deal like this. japan has factories in the uk, nissan, car companies, like this. japan has factories in the uk, nissan, carcompanies, in the uk, nissan, carcompanies, in the meantime, the eu is getting closer to japan. young, this is something that should worry manufacturers oi’ something that should worry manufacturers or at least the government politicians in the uk. —— yeah. they are essentially leaving an economic bloc that is not only significant for uk exports to the eu but is it significant forjapanese manufacturers because after this agreement, if the eu uk leaves the eu and does not sign a similar agreement with japan and a similar agreement with japan and a similar agreement with japan and a similar agreement with the eu, it really risks falling out of this trading area and japanese manufacturers will have the alternative then of exporting directly to the eu with no ta riffs exporting directly to the eu with no tariffs or moving their manufacturing from

casino gambling may be on its way to japan. lawmakers approved three casinos for a market worth up to $25 billion, potential benefits across many industries. joining us from tokyo is lawrence ho. entertainment chairman and ceo joining us this morning. always great to have you on the program. i know this is one of your babies. with only three licenses up for grabs, i'm guessing competition will be fierce. what is melco doing differently to win? >> it's the holy grail and melco has been working our entire lives to come to this stage so we are incredibly excited with the passing of the ir implementation bill last week and now a gets it started. has beenng formula that we build better resorts. we have the best customer base. we focus on premium and we are always looking to the future. these are traits that the japanese government and japanese culture is looking at. had you pay respect to history but at the same time, how do you look into the future? if you look at the results that we've built, our track record space for itself. we

to prizing many japan have managed to hold on to this part for me. yet but this is what is going in the world cup so we'll keep you posted on that time if you feel like you're missing out on all the big action you can immerse yourself in the fan experience to wherever you are in the world at the moment with our special fans our if you project well we've chosen the best pictures and video dedicated to all things. i. pad. you. know i. i. i i i i. i. guess the social media world. absolutely is very entertaining particularly last night just a quick recap of everything that's happened in the things that you've missed and some of them are just. against. your plan. that one of those a breakaway looked like belgium had been talking the been pressing from the beginning of the hoff and as it was it was a loose ball come straight through to the forward that he was. breaking forward he took the ball really well which one of the. many put it on the. absolutely brilliant leading one off cracking finish cracking forty minutes we'll be back with more on the top of t

. >> i have never lived in japan, either. you lived in japan for a while. i think that's a really interesting story about your cousin. although i don't think they are iscribed as war brides, this something still going on, basically all over the world, wherever the u.s. has bases, which as we know is a lot of places. this is a phenomenon that is ever-reaching. >> i think that because it's the husband's job that often determined where they lived, that's one of the big reasons why there were so few couples able to stay in japan. but there are some, and i have heard of them. i don't know if maybe people in the audience know of other couples. did you have something to say? >> this was japanese mainlanders, but okinawa war brides who married filipinos are now coming back in a sizable number. their journey is rarely talked about, but very interesting. when they first moved to the philippines, which until recently was under japanese colonial rule, right, they worked really hard to pick up the local language and assimilate as filipino. but then japanese tourist boom

this -- staying with japan, japan has approved gaming resorts. it is a market worth potentially $25 billion. benefiting industries across the board. our reporter has more. we start with the bases -- start with the basics of what the law actually says. lisa: so, the law that was the last friday was legislative hurdle for casinos to start being built in japan. some of the key questions operators seven wondering about. things like the tax rate, local access for japanese national residence as well as casino space size. so, those are kind of the basic laws, but there is still a lot that needs to happen before the start building, such as the creation of a casino control commission, which will regulate the building process, as well as several bylaws the need to be written to go with the implementation bill. haidi: there is a lot of exuberance and expectation already. who stands to benefit? it islike you said, expected to be a $25 billion market, that is what some have -- estimates of said. the companies that will benefit, there are obvious names like fo

more than one point six million people ordered from their homes in western japan as officials talk of historic rainfall. and a flare up over fuel protests a big price rises take a violent turn in haiti. it was hailed by president as a great deal but the agreement with north korea could be now in doubt north korea says talks in the past two days between its officials and the u.s. secretary of state mike pompei o have been quote regrettable and things could fall to the news came just over an hour ago just after mr pompei you flew out of the capital pyongyang he left describing his two day visit there is being very productive on his way to brief allies in japan and he said there had been progress on setting up a timeline for deep nuclearization sarah clarke is in seoul for us this sara is there a deal or not. well silly as you said the last word we had from the u.s. delegation on departure from pyongyang and just before their arrival in tokyo they released a statement basically saying that progress is being made on central issues now as well as essentials issues i suppose it remain on so

japan to fall into deflation. it has stayed that way for almost 20 years. people in the japanese economy expect prices to be stable or falling. raising those inflation expectations is difficult to do. they are trying very hard to get there. overall, you live better. as the economyn no one wants to look like. over and over in europe, we cannot end up like japan. even if there is an aging population, people live well. kim: the japanese economy is growing again. bank of japan has brought about an and to deflation. it is a really good,. they just have not reached the goal -- a really good accomplishment. they have not reached the goal they set, namely 2% growth in the price level every year. they have not got there. they will probably not get there in the next year or two. they have said today that they are committed to achieving this goal and will continue to implement aggressive, expansionary policies to make that goal realizable. if you ask me -- [crosstalk] want to: they don't have these side effects for the bank.

and china and japan. our previous test said he issue some sort of deal -- he is sure some sort of deal going into the midterms. is that your assessment as well, or is the gap in the way president trump sees it making it impossible to close, particularly with china? iiff: believe it or not, think the answer depends very much on how the u.s. midterm elections pan out. instead of using the word truce for what happened, i would suggest maybe a better word is cease-fire. did,interesting what trump because it's indicated that there was somewhat decisive pushback from congressional republicans and the business interests they represent. that his trade tantrums are not going to go completely unchecked as we head into the midterms. the race is very, very close. the best things i have read indicate whether the democrats regain the majority hangs by just a few seats one way or the other. if the democrats don't win and the house remains in republican hands, i don't see anything that will keep donald trump from resumin

id my question is we as a us japan in the south korea continue to work towards c.b. id of north korea and what do you think is the difference between c.v.a. the and why no denuclearization in my second question is about subduction issue of the japanese security born pale you said you raised up adoption issue up to the japanese during your visit to north korea year we had a right to know the detail and response from north korea secretly and means dot com how we as a us and south korea work with japan on this adoption issue so there cornell days uni going a big joke your home i don't know any home got that and you get the. japanese government in there bringing in the abduction issue please. reacting. thank you called it quits. secondly maybe if i may. first. no internally am it's u.n. resolution sanctions is about. weapons of mass destructions and ballistic missiles has to be complete verifiable and irreversible. de. dismantling and this is provided for in the relevant un resolution for us we will continue to enforce the complete. alignment with the. resolution and thi

and japan signed the world's largest ever trade deal in tokyo. to do signature the new japan economic partnership agreement is a landmark moment for go with the if we used together economies that the cone for the third of the world's g.d.p. and home to over six hundred million people. talk to got off to a difficult start and took a full four years but as u.s. president donald trump ratcheted up the protectionist rhetoric over the last one and a half years the negotiators set about sealing the deal in double quick time. money again they. are apparently rising concerns about protectionism globally. within this context i believe it is extremely meaningful that japan and the e.u. are sending a message to the world i think i'd about the importance of free and fair trade or more like that here and in a. japanese automobiles currently face ten percent e.u. import tariffs they will now be completely done away with for the europeans the food industry is the big winner of the deal it will now be much easier for e.u. producers to export cheese chocolate and

the income rate returns to japan line --ns to japan, the the income is rapidly growing. --japan, now, japanese men it changed the trend in the 1960's. in okinawa, it is always women marry men. the slide shows that the -- in a has been canola, more than 88% marrying americans. open our, it is totally different. international marriages have always been women marry -- marry american men. his has a change for 70 years. since after u.s. troops have stationed here. there is always problematic marriage, no matter where it happens. however, it is going to be harder to resolve it in foreign countries they tend to be isolated from the community in it becomes harder to get what you need. two homelands,e they tend to drop support systems from both countries. they have taken care members in trouble, but sometimes it is beyond their capability because they aim for mutual friendship. how to support people who need help who become more and more important when you know those g.i. brides are aging and more keep coming. >> thank you very much. [applause] i invite you to write down question

has the bank of japan all it can? what can he do should he decide to run for prime minister again and how far is japan away from being out of the woods? >> well, i think if you look at the longer term picture for inflation, it's steadily been moving up. it hasn't been moving up nearly fast enough and it is a mystery to earn including the research of the bank of japan. the supply and demand is incredibly tight and prices aren't moving up that much. partly because it's an older economy. what you need is job hopping picks up. with an older population that doesn't tend to happen have so much. if you wanted to get it moving a little bit faster, i would have thought that delaying the increase in the tax hike would have been a good idea. but really what you need to do is put it up in 1% steps rather than this larger step that they're doing. >> if you look at the structure of reasons why price gains have been so muted in japan and other indicators which suggest g.d. pmpt is chugging along. the 19th straight month of expansion

have to deal with two very strong allies south korea and japan who have very different approaches to north korea and that in itself is a diplomatic tightrope. to walk it is and look i mean the message from by south korea and japan today is a united message they're both thanking the u.s. for being the bridge between north korea and the region and they have again emphasized that sanctions will not be removed until the north korea acts or or delivers on its commitment from the singapore summit but certainly has been a very strong and united message from japan and south korea as well as a pompei o suggesting that the partnership is good and strong well for the moment so we'll leave it there and we'll come back to that situation develops in seoul. and to our other top story that we're following rescue workers in thailand have stepped up preparations ahead of an attempt to free a football team from a flooded cave emergency crews say they're fighting against the weather and time as they work out a plan to bring out the boys now the youngsters and their coach have been trapped underground si

i'll be back with more news for you on al-jazeera at a little over twenty five but it's off to rewind japan off to both of a disaster. on counting the costs of stronger growth for cost to sub-saharan africa but a big trade challenge is looming the world's second biggest aviation trade show takes off in the u.k. plus why three d. printed buildings are causing some shifts. counting the cost on al-jazeera. richelle carey and welcome again to rewind back in two thousand and six we first launched al-jazeera english our mission was to seek out documentaries that other channels simply were not doing their own rewind were revisiting some of the best of them to find out how the story has moved on in the years sense today there are rewinding to two thousand and eleven and japan and the aftermath of the tsunami that followed its biggest ever earthquake and march eleventh of that year a magnitude nine earthquake struck off the coast of northern japan minutes later a massive tsunami followed destroying everything in its path leaving more than fifteen thousand people dead and over twenty five hundred sti

creeping into the bank of japan, what is that mean for japan and the bond market? islly today, the action happening in the debt market. look at the selloff, the finish to year off almost by eight, nine basis points. yieldsthe board, seeing spike higher as we get the ongoing speculation we could see fine-tuning for the bank of japan and a rate hike from the u.k. forex pushing higher -- seeing forex pushing higher against the dollar. soar you have got to -- a after an exuberant weekend, heineken shares dropping by the most in almost three years. their numbers show margins are under pressure and they are growing too fast in brazil. margins aren't so good as they pick up the pace and latin america and bring out the numberng to hit their one competitor. heineken dropping as they say no longer will margins improved, they are going to go down by .2% in the market did not like it. let's have a look at what is happening in the fx market. green across the screens in terms of european fx pairs. the swedish krona, off by almost more than a percentage point. the economy is so s

yeah, the bank of japan is -- remember, the bank of japan is buying a tremendous amount of government debt as part of its monetary easing program. i think it is about 42% of the whole government debt market. even a shift in policy, it is looking for ways to trim back on its bond purchases. there is a rally in the bond market. long-term yields are low. from a basis point or two from the lowest in recent years. so it's an opportunity for the bank to trim back on his purchases. it is also a signal for the central bank or suggest that policymakers are comfortable that long-term yields will stay low, signaling there is still support even without the central bank buying the happening place for long-term bonds in japan. rishaad: is that what you are suggesting? the bond market no longer needs as much support from the central bank? yeah, i didn't mean to suggest that the central bank will wrap up its bond purchases. they will still be buying. but it doesn't need as much. -- itntral bank not only has made these reductions in the past. but when it did that, it made a reduction in one section of

., the bank of england, bank of japan. this is daybreak australia, we are two hours away from the first major market open. ramy: i am ramy inocencio. over the next hour we will look at all the action last week on wall street playing into the asia-pacific trading day. you remember on friday we did get the blowout number for second-quarter u.s. gdp, but that was not what was propelling the markets down. the s&p 500 down .7%, the worst in three weeks. it was earnings. you can thank twitter for friday, the share price just tanking because it missed in terms of the subscriber count, down one million. the nasdaq down 1.5%. there could be some respite for this because looking ahead, apple does report and there is a lot of hope that its market cap might push the one trillion market, which would be the first time ever any company would do that. haidi: much-needed support for the tech sector. bank of america merrill lynch said it stopped buying coal stocks through what happened to facebook is peaking in those stocks. those stocks, g

within this context i believe it is extremely meaningful that japan and the e.u. are sending a message to the world i think about the importance of free and fair trade or more like the. japanese automobiles currently face ten percent e.u. import tariffs they will now be completely done away with for the europeans the food industry is the big winner of the deal it will now be much easier for e.u. producers to export cheese chocolate and me to japan a nation of prosperous consumers the e.u. expects food exports alone to jump by at least one hundred eighty percent that'll create new jobs and boost g.d.p. the message to washington is loud and clear you build walls you lose and the free trade is a win win for all participants. amazon workers across europe walked off the job today at six of the company's warehouses in germany employees are striking for labor contracts that gallon t. better working conditions strikes began in spain and poland coinciding with. amazon's prime day workers in poland are also staging a work to rule action meaning they only do the minimum of w

rocksolid jan vertonghen led japan m, rocksolid jan vertonghen led japan in, my haraguchi converting under pressure. inui with a rocket from outside the box. belgium shellshock. but not dead yet. vertonghen atoning for his earlier mistake. and soon they were back level, pinpoint from hazard and maroune fellaini once again the man to turn to in times of trouble. with all of rostov ready for extra time, a brilliant half of football had one last twist. nacer chadli finishing a textbook break to win the game in the last minute. their prize, a showdown with brazil, whose fans always expect. russia is in the market for a new star with messi and ronaldo always, already at home, neymar didn't disappoint. a stamp from this mexican player missed by the referee. as mexico tried to bully their way into the game, brazil ran away with it with firmino tapping the favourites into the quarter—finals. in the end a co mforta ble the quarter—finals. in the end a comfortable win, brazil peaking at the right time. austin halewood, bbc news. brazil will play belgium on friday in kazan in their quarterâ

oh in the end it was belgium were strong but i do really really just have to say japan almost causing the upset of the tournament it would have been having gone to new ahead i mean you could you said there was going to be an upset i mean did look like it was going to be that way belgium ranked third in the world japan a sixty sixty one as it was before the tournament brilliant goals as well as you said all the action coming in the second top we did think we were going to go to extra time the last kick of the guy cruel on japan but brilliance i'm sure what we said we thought was going to go to actually time to be fair what with fifteen twenty minutes to go i thought. kind of we're going to win it yeah but the way they were playing i think you start looking at the goal was the first one that came just after the restart a great strike it was tell you. how to do it you hear. through and go planting it in the bottom corner great to. see stuff the way you went around the defense leaving t.v. court. absolutely no chance there was a break on it was a mistake by yonder tongan in defense actual

take japan. while the bank of japan is not expected to tweak its policy, there is an expectation they are starting to look at how they will exit from their gargantuan monetary policy at some point. it could be happening within a year or two where they start to tweak their settings as growth is broadly on track, even though they don't remain anywhere near their inflation targets. , a differentngland dynamic there. they are expected to tighten policy. it could be a case of one and done. the ongoing debate around brexit and the european union. there is a view the boe can be on the sidelines. then you have the fed. of all of the central banks, they have the most consistent narrative. growth is on track, doing well. inflation is around where they wanted. wage growth still is not. the labor market seems to be in strong condition. , and it will track be interesting to see if they signal any more hawkish outlook. the broad picture will be central banks dealing with growth, it will very much be on a case-

and at that point that was three minutes into the second half you think in japan take it away and they didn't two minutes later as well in a way with a great strike you think this one just on the edge of the box called it round we could think of the time the belgium defense they're just holding back not going to the ball whatsoever taking full advantage fantastic strike to make it so you know that point i thought belgium looked completely rattled they did as well and in defense particularly what we've seen on the wings what japan were doing there exploiting their ability to play great tactical football great technical football as well i kept it on the deck they were great you saw that the belgium defense were squeezed into the center because they were keen to take out the center forward. but they left those spaces on the wings when those balls were coming in yet vincent kompany coming back from injury and you're looking me thinking belgium here third in the world they're looking rattled sure but for all the criticism roberta martin is the belgian manager so you keep played a blinder he

we were in japan a year ago. we are looking to promote greater commercial cooperation in the nuclear energy side of things. to that end, the deputy et, he is goingru to be traveling to japan next week to promote the first u.s.-japan bilateral nuclear energy decommissioning. strongly committed to supporting that. that will give strong opportunities for u.s. companies. they will be talking about what his next on the nuclear energy are, small monitor reactors quite vogue, if you will. india will be a source of opportunity for smr's, the technology that is coming out of our national labs and private sector working in partnership. also korea, taiwan are moving towards decommissioning some of their nuclear reactors. this partnership model we are talking about with japan can be very helpful in expanding to other parts of the indo-pacific. launched november, we the u.s.-japan strategic energy partnership. that is intended to promote universal access to affordable, reliable energy across the region. are also working toget

that was stationed in south and west of japan this is why they. signed the agreement to withhold your. organs of this agreement that comes out the time when japan is facing so many rivals so many challenges in indonesia and it wants to show that it is one of the visionary leaders in this. these partnerships. and go forth and point one is that it is going to make side. as they pride that it is good and they wanted to show their strong when giving free trade waving in this area and all but of the political importance is that it comes at the thought i was china having some kind of power of war between them so this is very important for japan and concluding the disagreement will give it more access to e.u. market. force that is also important because it comes up at a time where the president i think it's like you describe both while japan is looking out the part of a long time but as a thank you very much for that for now that is fatty salaamed live in tokyo thank you. senior members of northern ireland's republican movement had been trying to calm th

and japan make up almost a third of global g.d.p. now after five years of negotiating the two sides have reached a deal that creates the world's largest open economic area addressing the press after a signing ceremony in tokyo european council president donald tools kept this to say. graphically we are far apart but politically economically recruit hard to be in the close. we both firmly believe open and live corp rules based international order and free trade the two blocks are ready have a pretty balanced trade relationship last year the e.u. exported goods and services worth seventy eight billion euros to japan and imports are just a little less that trade volume is expected to increase substantially as a result of the deal. the agreement will see the removal of a host of trade barriers enabling the e.u. to export products like milk nice and wine to japan without paying tariffs the e.u. in turn will no longer demand ten per cent tariffs on japanese cars a move that comes as good news for a well known japanese brands like toyota ni

and at that point that was three minutes into the second half you think in japan take it away and they didn't two minutes later as well in a with a great strike you see this one just from the edge of the box thank you time. the fans they're just holding back not going to the ball whatsoever taking full advantage fantastic strike to make it so you know at that point i thought belgium looked completely rattled they did as well and in defense particularly what we've seen on the wings what japan were doing there exploiting their ability to play great tactical football great technical football as well i kept it on the deck they were great you saw that the belgium defense were squeezed into the center because they were keen to take out the center forward but they left those spaces on the wing so when those balls were coming in yeah vincent kompany coming back from injury and you're looking me thinking belgium here third in the world they're looking rattled sure but for all the criticism roberta martin is the belgian manager so you keep played a blinder here because he changed things around d

the top to do with him and i'm paul japan the overcommitted i thought that i'd be committed for that colon up top so there's just a shame the rest of us was going to go any second yeah but it was just fifteen seconds left enough time to get across it enabled to roll the ball out and then to break away chatting together when an amazing going to watch watching it he was eager trying to he was at the game lucky man he was in rostov after the beginning of the second half it seemed that the belgian fans were destroyed because it looked as if their team were still good at leave the world cup but just take a look at what these guys are going through right now. the. right size can you tell me. how did you how was it possible that your team made such a great comeback was possible because we have the best plays in the entire world we have you got to the front line you know we have charlie that's easy what do they offer they have nothing neymar is going to do nothing they don't know through to we don't know do we are there a job you. know who blew. up a maybe you had of let's say the argentina

japan, ride-hailing is prohibited by law. i can't believe a country as stupid as that still exists. it is incredible that our national government is denying the future that is inevitable. --are in contrary us contrary position. their forecast was almost four percent below .stimates it's been a wild ride for octobers, rising 41% in before they plunged in april. now for breaking news where you .re, jumped on twitter and followed tictoc. ♪ rishaad: it is that time of the day, battle of the charts. raring to go, as you can see. who will we kickoff with? let's go furthest the field and go to sydney with adam. adam, take it away. adam: a little bit of friday theory for you. this is what is known as the fed model, popularized many years ago at the end of the 1990's. we are looking at the yield on volatility relative to the dividend yield you get in the equity markets, particularly in china in this case. you can compare it to relatively another market. the importance of where we are now is that come as you can see, those two lines

we wait for the bank of japan. i'm sure it is going to be a finely calibrated statement from governor kuroda. issed estimates. analysis coming up later. rishaad: donald trump says he is ready to meet iran's president without preconditions. when is that happening? that is next. this is bloomberg. ♪ haidi: this is bloomberg arkets asia. rishaad: looking at president donald trump saying he is ready to meet iran's president rouhani with no preconditions. the white house has backtracked over this almost straightaway. it seems as if this meeting is unlikely. in the no precondition bits there were some preconditions? >> if offer that president made to the iranian president he said well, i'm not sure they are ready and that they seem to be having a hard time and then hours later, the national -- conflicts or in the region. the u.s. lost the iran deal. they are no longer part of the agreement. there are no real deadlines or timelines. rishaad: what is iran's reaction? >> there has been a fiery back and forth between presi

here in japan. i think as night falls these evacuation efforts are going to be complicated even further. so as i say, in some areas they got two to three times more rain than they would in an average month in just a period of 24 to 48 hours. so that's the amount of rainfall that you're looking at here. and this kind of thing happened exactly a year ago and dozens of people died. but what's different this time is the fact that it's affecting a much larger area of japan from the southwestern island of kyushu all the way up towards the mountainous areas toward central japan. and even popular tourist areas, hiroshima as well has been heavily affected by these rains. so you're talking about a very, very large area that has been impacted. and on top of that, as the human toll mounts, we're hearing impact on industry as well. you have dig industrial giants that are head quartered in the west that are forced to halt their factories. so this continues to mount in japan, george. >> thank you. >>> the catastro

bank of japan federal reserve bank so is this cycle what's been called quantitative tightening in the us is it being completely offset by other central banks doing the reverse and so the. net amount of money printing in the world continues to go up ours is a genuine contraction it's a great question i would argue that the answer is no you see trump has been a wrecking ball not just in terms of his u.s. political race he's actually reminded countries that they start they have to be selfish again we're seeing it in trade we're seeing it in economic policies and i think we're even beginning to see things say in italy where it's starting to break apart from the e.u. it's talking about nationalization it's talking about a different currency so i would argue that the great fear in terms of the next time there's debt deflation or asset deflation is that you will not see a concerted effort on the part of the central banks because these various countries no longer have a type of clinical will that's sort of game of you know i'm loosening your tightening i'm tightening your loosening i can't re

the bank of japan is meeting next week, july 31. people will be wondering what they will say because we will be getting new explanations of where they think they are and where they think they are headed. will the bank of japan continue to assert that it is on track for 2%? people will think they are not in touch with reality. shery: that is made global trade tensions. import have lowered prices. that is not getting them anywhere closer to that goal. shery: we are hearing from the g20 saying that the u.s. should return to the transpacific partnership. japan really not willing to go the bilateral way as president trump wants. >> i think they are right that it would be positive for the u.s. to return to the transpacific partnership. that was one of president trump's first actions to withdraw from those talks. japan recently signed a trade deal with the european union. japan is very much into the multilateral approach, unlike the u.s. shery: we also have shinzo abe talking about potential u.s. auto tariffs. >> that would be a big proble

we spoke about bank of japan. the pboc is really the only one that has quite a bit of expansion going on with the balance sheet. but that will moderate as well. at next 12 months, you look this group of central banks, and i think you have quantitative tightening going toward the end of 2019, and that will make the spread come lower. i was to speaking to some clients this past week, and we had a chart that showed a 10 year u.s. against all the other tenure sovereigns, and there is a huge gap, except for italy with the election spikes, but otherwise a huge gap that is holding our long and down and i think that will have to narrow with quantitative tightening. >> i think expectations are so ,ow at the moment at the ecb very little is priced in. see a little will more, i think the bar is so low that they could use some more forward guidance from the ecb. --sing a little adjustment we are seeing a little adjustment on the balance sheet, but also unknown. i think we could see some more forward guidance. are staying gues

>> two-two. >> japan two. senegal two. >> japan not leaving it t chance. it's the knock out stage. >> it's a goal japan couldn't tfordo give away. >> fighting to progres. >> england! >> herakes ove for -- magnificent. >>> all right. sweden and switzerland tomorrowb colu, england huge games again. >> oh yeah absolutely. every game is. >> at this. point >> we're seeing every game is going to be challenge there's no easy games. we saw mexico the way they competed against brazil side today. scene sweden will gohe world. extremely hard. they have confidence from beating mexico three-zero. swiss, though, everybody talks about even keeled swiss they'reo nal intelligence is very good. hard-working players but they can catch you on the break as well. that will be key., colu welling, columbia started slow because a they had man sent off in the first game. they played ten men then they trgot sger as this world cup challenge against england side -- >> that's game to watch. >> i think so. everybody is saying england has a great pathway to win this world cup again. i'm