Youre looking at film shot 75 years ago on the morning of december 7th, 1941 when warplanes from fixed japanese Aircraft Carriers targeted the u. S. Pacific fleet at pearl harbor. Almost 4,400 killed, 1,200 wounded. The next two hours here on American History tv we will be joined by historians on fact on pearl bore. We have three ways to join the discussion. 2027408900. For those world war ii veterans 20274 202748902. Send us a tweet and we look forward to your comments on facebook. Com cspanhistory. Joining us from new york city on the first hour of our program is ian toll, the author of pacific crews bell, war at sea in the pacific, 1941 to 1942 which looks at the war in the pacific from pearl harbor to midway. Welcome to American History tv. And ill start by asking you how pearl harbor changed the course of history. Well, in many ways. I could probably go on the whole hour just answering that one question. It is is fair to say that pearl harbor is the central event in the history of
On the first visit to the atomic bombed city by a sitting american president. My grant workers in china are trying to learn vocational skills before computers take their jobs. Political maneuvering is intensifying before the current session of japans diet comes to a close on wednesday. Prime minister shinzo abe intends to postpone a consumption tax hike by more than two years. Opposition parties have responded by agreeing to submit a noconfidence motion against the cabinet. The current plan is to raise the tax next april. Abe laid out the reasons for the postponement in a meeting with the leader of the junior Ruling Coalition party komeito. He explained that during the g7 summit, held last week, he and other leaders expressed the shared view that there is a real risk of the Global Economy slipping into crisis. He said he believes that raising the consumption tax from 8 to 10 should be put off until october 2019. Komeito leader said he would discuss the matter with his party colleagues.
What lessons global economies can learn from japan. Lets kick it off with our market minutes today. I want to highlight something i was super excited to realize with my imac, and that is that we are now looking at 11 different Industry Groups today for the first time, this will go official for standard on september 16. It is already official. They have broken out real estate from a financial. Financials have done very well this year, but mostly because of the reads. They have done much better on a oneday basis. Financials are down half a percent. Telecoms are leading the way. Joe on the Government Bond fund, very quiet on equities. All eyes on the jobs report tomorrow. Here is a look at yields, the mining a little bit on that twoyear and 10 year. Not that dramatic. I want to look at the u. K. , reticular leotard of 10 year yields. You can see it taking up, way lower than it was prior to the brexit vote. We have more good data out of the u. K. , solid manufacturing data. And you do see
Welcome. There is a bullet train with some yen on it. It is soaring. The disbelief of abe. A lack of belief in the bank of japan. Day in ahe seventh row, the longest winning streak since 2012. Hedge funds are the most bullish on this currency since 1992. They have a belief that there is a tolerant level of the bank of japan. They actually really intervened in the fx market. Lets look at the repercussions or markets. You are seeing this pressure on the equities story. We seeing money flow out of japan. Oney is exiting tokyo the longest stretch of exit of cash since 1998. 46stors have stopped million worth of stocks. That is the yen against the dollar. Yan rising against the dollar. What else is going on as a consequence of the yen moving . This is your risk radar. Lets check in on oil. Rigs, up of u. S. Oil one third of 1 . Count the lowest since 1999. Brent, 42. 11. As the dollar drops, of oil pops, emergent carpet emergingmarket currencies they rock. Emergingmarket currencies up for t
All politics is local. So it is not the ideological economic situation. It is difficult to make sure governments advice. Because they can be a politically very, very painful process. And no wonder in india it took election and very powerful, very determined Prime Minister to make progress recently. In nigeria is a bit political. So i dont think, i dont think theres a very clear understanding, a very clear consensus on it. Im not aware of one single government which will save no, no, no. We definitely think is a good idea. It is just that the Prime Ministers and finance ministers are looking for the political tactics to do that. And again if you post that come in this country talk about a very substantial proportion of the economically average person to you should not be surprised it is a couple good process but i do think they have made progress. I think i wouldnt characterize it as a failing. If i could you share an anecdote empty chair at the National Press club theres a meeting with