North korea attempted and failed a missile. And formally announced. Nissan takes a 44 stake in Mitsubishi Motors. And carlos ghosn will be the new chairman. The president of the ioc said hes confident major cost cuts can be achieved for the 2020 Tokyo Olympics and paralympics. We can produce a result that will show a very significant, a very significant reduction of the costs. Thomas bach was speakaking Aa University in tokyo. His remarks come after the ioc, the central government, the tokyo government, and the 2020 organizing committee agreed to review plans for new facilities. Bach said the focus for 2020 is how to make the games sustainable and feasible. And leave a legacy for the future. Tokyo governor yuriko koike has addressed plans to change venues. Reported the price tag of the games could quadruple from the original estimate to about 30 billion. Governor koike is pushing to rein in costs including planned venues. But cost is not the only thing shes looking at. We were told abo
Electric terminates a 3. 3 billion deal costing them 175 million in break fees. Big day for french local elections as the front nationale wins after a reaction to the paris attack. Translator the people expressed themselves and with the people we raise our head. There is an uneasy calm in Financial Markets. Thats the warning from the bank of International Settlements which says the fed rate hike could trigger rate hikes in emerging markets. Good monday morning. Im susan li. Also coming up on the program today, nothing ventured, nothing gained. Well be hearing from legendary tech investor sir Michael Moore on whats taking place right here in london. Also, political sweeping changes in venezuela. We assess the implications of a new government after two decades with president meduro in power. And can climate talks in paris propel us towards a greener future. The ceo of vesta speaks to us later on in the program. Welcome to the show. So we got a recovery in markets late on friday after the
They wanted all cars with takata airbags off the road. The companys global quality chief testified at a house hearing. He said theres no evidence of air bag malfunctions in other areas of the country. Based on the data we are collecting from the region and also other regions, the data still support that we should remain focused on the region with High Temperature and high humidity. But he said his company is prepared to take other measures to cooperate with automakers if they expand recalls. U. S. Safety regulators insist the company should implement a nationwide recall. I was deeply disappointed by takatas response and takatas failure to take responsibility. Some u. S. Lawmakers criticized takata asking how many fatal accidents would persuade the firm to act . A Senior Executive of honda said the company will expand the recall nationwide to conduct investigations. Our customers have concerns and we want to address them. Japans Auto Industry has begun to help settle the problem. Toyota
Highway Traffic Safety administration or nhtsa, said they wanted all cars with takata airbags off the road. The companys global quality chief testified at a house hearing. He said theres no evidence of air bag malfunctions in other areas of the country. Based on the data we are collecting from the region and also other regions, the data still support that we should remain focused on the region with High Temperature and high humidity. But he said his company is prepared to take other measures to cooperate with automakers if they expand recalls. U. S. Safety regulators insist the company should implement a nationwide recall. I was deeply disappointed by takatas response and takatas failure to take responsibility. Some u. S. Lawmakers criticized takata asking how many fatal accidents would persuade the firm to act . A Senior Executive of honda said the company will expand the recall nationwide to conduct investigations. Our customers have concerns and we want to address them. Japans Auto
The ambassador was set to give a speech on the unification of the Korean Peninsula. Doctors say lippert suffered nonlife threatening injuries including a 3centimeterdeep gash on his cheek. They say he received 80 stitches. Witnesses say the attacker was at sitting at a table near the ambassador. He reportedly shouted at lippert. They say people attending the event took the man down but Police Officers didnt immediately respond to the incident. Authorities say he had received a suspended prison term in 2010 for throwing pieces of concrete at the japanese ambassador. They say he was angry about japans claims over islands between the two nations. The news made headlines around the globe. Joining us in the studio is our senior commentator kengo okamoto. Hes been covering the Korean Peninsula for years. Most people view south korea as a relative safe place. Can you tell us more about the security situation for ambassadors in the country . Yes. Ambassadors are usual lyly ambassadors are not