Of the remarkable economic Success Stories of the last 50 years. If you want to find a place that has ridden the wave of globalization, well, this is it. But storm clouds are gathering over singapore. President trump is challenging assumptions about global free trade, Security Tensions are rising across east asia. I have an exclusive interview today with the Prime Minister of singapore, lee hsien loong. Is singapore feeling vulnerable . Prime minister lee hsien loong, welcome to hardtalk. Lets start with the International Political climate. Donald trump is now president of the United States. He talks about protectionism, he talks about ripping up trade deals that have been bad for america. How dangerous is this new Political Climate for singapore . We are watching it very carefully. We of all countries depend most heavily on trade, our Foreign Trade is 3. 5 times our gdp probably the highest in the world. We have free Trade Agreements with many countries, including the United States. W
Of the remarkable economic Success Stories of the last 50 years. If you want to find a place that has ridden the wave of globalization, well, this is it. But storm clouds are gathering over singapore. President trump is challenging assumptions about global free trade, Security Tensions are rising across east asia. I have an exclusive interview today with the Prime Minister of singapore, lee hsien loong. Is singapore feeling vulnerable . Prime minister lee hsien loong, welcome to hardtalk. Lets start with the International Political climate. Donald trump is now president of the United States. He talks about protectionism, he talks about ripping up trade deals that have been bad for america. How dangerous is this new Political Climate for singapore . We are watching it very carefully. We of all countries depend most heavily on trade, our Foreign Trade is 3. 5 times our gdp probably the highest in the world. We have free Trade Agreements with many countries, including the United States. W
China reports its slowest Economic Growth in decades so theres a Trade Dispute with the u. S. To blame for a Slower Growth simply chinas new normal breakdown the latest from beijing. Also on the show the e. U. Takes action against turkey for its gas drilling off the coast of cyprus will tell you what it means and how ankara has responded. And farmers in argentina could benefit from south americas new trade deal with the e. U. Board about other sectors well that depends on the u. S. This is your Business Report im Stephen Beers in berlin thanks for joining us the chinese economy continues to cool new Quarterly Results showing the slowest growth in 27 years so does that mean china is on the ropes in its trade war with the u. S. Well not so fast domestic demand is up and state support appears to be kicking in but china does have its work cut out for it. In the past 3 decades the chinese
economy has undergone an extraordinary transformation developing from an inward looking agrarian based
class= nosel > all russian and soviet dictators, their problem is they always think that they re the last line of defense. you are in power. you have the right to, if you decide, to destroy it so nobody else will get it. the united states doesn t even notice that the soviets are on edge. they didn t even put the soviet reaction into ronald reagan s presidential daily brief. [indistinct radio chatter] [narrator] before andropov can act, the able archer operation wraps up on schedule. [pilot] roger that. [narrator] andropov is finally persuaded that this really was just an exercise. this time. [tim] the united states didn t know to ratchet down the tension when it really mattered. that is an indicator of just the lack of understanding that the united states and the soviet union had of each other. but in a nuclear confrontation, lack of understanding can have catastrophic consequences when adversaries have nuclear weapons pointed at each other and don t understand each other. e
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