Weekend on cspan 3. Coming up next, a portion from a recent conference discussing the future of relations among the United States, japan and south korea. In this panel, experts and students talk about the challenges for the countries. The International Student conferences, korea fon dags and the peace gown fags were there. Its about 90 minutes. I would like to take this opportunity to thank our sponsors for this event. Given that this is a younger time, i know the Korea Foundation has been instrumental in getting this off the ground, launching it and promoting it. We are proud of it today as well. So, the next panel will focus on the challenges of the workplace, specifically looking at how the three countries are facing democratic fertility and striking a worklife balance and the strategies that are best and how we can work together. So, i would like to introduce the moderator for the panel, florence mayor joined the service in 2011 and served in u. S. Missions in mexico and italy. She
South koreas Prime Minister says the deadly mers outbreak is coming to an end and has urged people to go back to their normal lives. And entertainment firms from around the world are looking to take their roller coasters and Service Experiences to china. Prime minister shinzo abe has stressed the need to change the nations security policy. He says the proposed legislation would demonstrate the strength of the japan u. S. Alliance as china increases its maritime presence. The set of bills would expand the role of the selfdefense forces and allow the country to exercise its rights of collective self defense. Abe says leaders in beijing have been carrying out largescale reclamation work in the south china sea. He says theyre not abiding by the 2008 agreement with japan to jointly develop gas fields in parts of the east china sea. He also says Chinese Government vessels have repeatedly entered japans territorial waters around the senkaku islands. Japan controls the islands. China and taiwa
Set back from the brink, putting independence on hold and calling for negotiations with madrid. Betty we hear often, what are the black swans out there . Perhaps a few months ago you would not have heard catalonia who would have thought this . We have seen Market Reaction in europe in particular to the further independence moves by catalonia. Spain saying this is deferred independence we are facing. I want to show a quick chart to show so far how isolated this is. It looks like it could possibly spread. 99, the white line showing you that point where we started to see more and more about the independence referendum. Falling, dramatically diverging with the euro stoxx 600 index. That gap looks to widen as we see a bigger and bigger rift between catalonia and the madrid government. Yvonne seems they are still delaying this independence push. Country, the politics and economics side of things, threatening a key economic region for spain in particular. We heard from of the imf, they have r
Whether they can deliver that momentum still. The atmosphere is electric at the tokyo motor show as they present their vision of the future. Betty speaking about electric, breaking news on south koreas preliminary thirdquarter numbers. Ier on south korean gdp, up 1. 4 , quarter on quarter. Much bigger than economists had expected at 0. 9 . More than double what we saw in the second quarter. Ofr on year, a healthy rise 3. 6 . That is also above the estimate of our rise or expansion of 3 . Well above what we saw in the prior quarter. Helped likely by the continued export of electronic parts, particularly for smartphones. It is interesting, the markets have continued to rise. Maybe that is adding to Consumer Sentiment in south korea, despite geopolitical tensions with north korea. That is the risk, as always, with south korea. Yvonne have not seen the numbers yet, but 3. 6 is a threeyear high for south korea. We have a chart that says it all. Is the bok going to be the First Asian Bank to
Slumping is the critical modern cashry critical modern critical model three is delayed. Betty we knew this would be a is he newsweek and it certainly is. With the latest reports of Bloomberg News reporting that Jerome Powell will be the next fed chairman. It will be announced by the trump white house. We saw all that speculation before with the reports. Not a whole lot of reaction in the markets to that. Yes. As kathleen said in a previous hour, some people are calling this janet yellen 2. 0. He is seen as the that are continuity candidate as opposed to the more hawkish paler options. With more of a change from the status of. But we also have the other fed decision. Meeting with a little bit more of the same. Cautious optimism when it comes progression for the u. S. Still optimistic we will get to 2 growth in a few days. They the consensus is for december rate hike. Marketheck out the u. S. Close today. Earnings to watch out for. Particularly facebook and tesla after the close. The s p