To mr netanyahu s demand that israel maintain a military presence in the philadelphi corridor. That s a small buffer zone between gaza and egypt s sinai desert. Mr netanyahu said israel is committed to destroying hamas and bringing the hostages home. He warned of the potential consequences should israel relieve its military pressure on hamas. Our middle east regional editor mike thomson has more on the prime minister s comments from jerusalem. Tonight, mr netanyahu doubled down on his insistence that israeli troops will not be withdrawn from the philadelphi corridor. That is the strip of land that separates southern gaza from egypt. He said it is absolutely vital that they stay there to stop hamas smuggling weapons from egypt into gaza. He said, if we let this happen, we could have another october the 7th all over again. Interestingly though, he had talked in the past about them not moving for at least 42 years. This evening he was referring to 42 days only, so there may be some wriggl
That position mirrors that ofjoe biden, who said back in march that us Steel Corp should remain a domestically owned american firm. Us steel it should remain american owned and american operated. In other News Volkswagen is considering Closing Factories in germany to cut costs. Its an unprecedented move and sets up a showdown with powerful unions. The Auto Maker which employs around 680,000 staff is struggling with its passenger car brand. Profits are getting squeezed amid the transition to electric vehicles and a consumer spending slowdown. A four Day Conference to attract foreign investment to russia is about to begin in the countrys eastern most major city vladivostok. The eastern economic forum is into its ninth year. Last year, more than 40 Billion in new agreements were signed, with 7,000 delegates in attendance. The largest contingents came from china, India And Southeast asia. Professor 0ng Kian Ming from Taylors University spoke to us about the importance of The Forum. Russia
President of the united states of america . Venezuela accuses the us of piracy as they confiscate president Maduros Plane claiming it was bought illegally. We start this hour in the middle east, where the israeli prime Minister Benjamin Netanyahu has asked for forgiveness from israelis for not being able to bring back alive the six hostages who were found dead in gaza on saturday. We were very close he said we were nearly there. But in a televised address, Mr Netanyahu remained defiant in his demand that israeli troops must continue to control the Philadelphi Corridor in the south of Gaza Something hamas has rejected. The Philadelphi Corridor along the Egypt Gaza Border has emerged as a primary Sticking Point in Gaza Ceasefire talks. Mr netanyahu said its a Life Line for hamas, their oxygen and it will determine israels future. Earlier hundreds of thousands of israelis have joined protests and a general strike demanding that Mr Netanyahu immediately agree a Ceasefire Deal to ensure the
To the deflationary spiral however now because theres a strong trend of Wage Increases, Finance Minister Shunichi Suzuki says its over. Joining me now is seijiro takeshita, whos a professor at the university of shizuoka. Thank you for being with us today. Talk to us first of all, this is a pretty unique set of circumstances that japan has pretty unique set of circumstances thatjapan has been pretty unique set of circumstances that japan has been through for the past generation. It is todays Declaration Calls for celebration . Yes, i would think so. Concerning the fact that for two decades, we havent seen any wage rise. Where the only country to do that. There are a lot of recurring profits, bits nine redeeming to their employees. This is, in that sense, a remarkable change. In most of the estimates, there were around 4 , but now its been reported to be around 5. 2, exceeding expectations. fist been reported to be around 5. 2, exceeding expectations. Been reported to be around 5. 2, ex
The iconic 123 year old American Steel company and said its vital that the company remain owned and operated in the states. This is a big deal and notjust politically. Nippon steel is set to pay 14. 9 billion to acquire the us giant. But politically, this is territory President Biden knows well. He has cast himself as a champion of the Working Class and called himself the most pro Union President in history. He made headlines for walking the picket line with striking Auto Union Workers last fall. Unionised steelworkers could lend the president support in his election bid. They form the largest industrial union. And for his part, donald trump pledged to block the deal if he takes the white house again. They agreed that Foreign Ownership would leave the us vulnerable when it comes to prioritising their own defence and infrastructure. Its bound to become a topic of conversation between key allies when japanese conversation between key allies whenjapanese Prime Minister when japanese Prime