The day. This is the most important election in the history of our country though time before have voters faced a players choice for 2 a 2 party 2 visions 2 philosophies or 2 edges the all knowledge on a tramp makes no secret about how he feels sad or you like it or not the only snow like hes thinking. Its all on the line president trying to be the leader who will rebuild the promise of america thats. Also on the day russian president Vladimir Putin says he sat up research of police force to help better reduce his troubles president maintain order lets go germanys chancellor crying foul under the man says demonstrators on the streets of minsk deserve freedom to protest and freedom of opinion. I hope that the people who have bravely taking to the streets who have called out a bad state of affairs that those people have all the freedoms that we take for granted freedom to protest freedom of opinion all these things must be fought for and. For donald trump has now accepted the republican partys nomination for the presidency his acceptance from the white house ended the partys 4 Day Convention against a backdrop of simmering tensions over Police Shootings of black americans President Trump portrayed his democratic opponent joe biden as the destroyer of american greatness who if elected would oversee the dismantling of the country. Her Republican Convention this scene is anything but conventional. Never before has a white house been used as a backdrop for a president ial candidates acceptance speech leading some to accuse trump of misusing the building as a political prop. But over the next hour trump showed he was determined to use all means at its disposal to make the case for his reelection starting by saying the stakes have never been higher. This is the most important election in the history of our country. At no time before have voters faced 8 clear a choice between 2 parties 2 visions 2 philosophies or 2 agendas. He set out an optimistic vision of the countrys future under a new trump victory. In a new term as president we will again build the greatest economy in history quickly returning to fall employment soaring incomes and record prosperity and despite the obvious flouting of his own administrations guidelines on the pandemic an event with few Wearing Masks and seats close together he promised to bring the coronavirus under control. We are delivering lifesaving therapies. And will produce a vaccine before the end of the year or maybe even sooner. But his main strategy was to attack his opponent joe biden who is leading in the polls. Joe biden is not a savior of americas so all he is the destroyer of america is jobs and if given the chance he will be the destroyer of american greatness champ one 3rd of the present fight as a radical and a danger to society also by making claims that have proven to be untrue. Make no mistake if you give power to joe biden the radical left will defy Police Departments all across america they will pass federal legislation to reduce Law Enforcement nationwide they will make every city look like democrat run portland oregon. No one will be safe in bidens america. Critics say chums a mr stoke fan cast himself as the savior of the nation. For all his fiery triumphalism campaign is only now just beginning. To let see what weve learned to chris for quite a Senior National strategist for us political campaigns with Majority Strategies hes a republican whos previously worked on the Bush Cheney Campaign he joins us from los angeles welcome to day doubly so this was the president s the shed jewel to speech that he has popped up at your in the way im what was this trying to achieve. Well what the president did your show to just a clear articulation between 2 visions for america one is very hopeful and optimistic and one is self loathing and self defeating and wants to you know focus on the parts of america that dont work well and america is not a perfect country president would say that anyone would say that. The president s trying to say is that at our heart most americans are optimistic people were hopeful. You know that kind of messaging and that kind of Campaign Rhetoric was extremely successful for president obama as people wanted to believe in hope they want to believe in a Brighter Future and i think thats exactly what president s will deliver. So i we heard him refer in his speech to the disturbances the country is seeing these disturbances are happening on his watch so whats his plan what would he do in a 2nd presidency that he hasnt done isnt doing this time. Well certainly the president has already made tremendous advancements in terms of criminal justice reforms as well as Law Enforcement form to try and push for more patient. You know in the United States are our system of government a little bit different than other countries we have a dissimilation of server susan responsibility down to local patrol so cities and individual states are responsible for Law Enforcement stream crises and which the president said hes more than happy to help and restore order to those areas that have been overrun its the unfortunate part about this is there are literally innocent you know persons victims of these horrible things that happened some of these cities but the focus is being taken away from that its being hijacked by people the radical agenda here is let me just let me just jump in there because because im really interested in the president s message on this lets say im a Middle American im a black Middle America and im im watching whats going on and i watching the president saying this stuff is bad and it will get worse if biden is so im here skeptical and im he going yeah but youre in charge now whats whats whats going to be different next time if i vote for you. American voters are smart enough to realize that they not only have congressmen and senators in the president but they also have mayors and they have city members of the city council sheriffs in their local municipalities and so the you know assumption of guilt or the assumption of innocence very neat if you go he goes on any given day anywhere in the United States is not soley rests with one elected official and i think most after its an inquiry frankly any american regrets of their ethnic background is theyre going to look at their Small Business owners theyre you know theyre trying to get back to work as we get past this endemic theyre trying to get their lives back and theres this small fractional element that wants to constantly disrupt these things ok and are actually some of the 1st meeting is taking place in some of these less less fortunate aber hoods and there are strong Small Businesses the minority you know would go out lets now of course that the 19 is everywhere so lets hear from the president on health the cost of the biden shutdown would be measured in increased drug overdoses depression alcohol addiction suicides heart attacks economic devastation job loss and much more joe bidens plan is not a solution to the virus but rather its a surrender to the us to save as many lives as possible we are focusing on the science the facts and the data so chris full can at the present delivered that speech to hundreds of people few of whom were Wearing Masks none of whom appeared to be observing social distancing so again what is that in the president s record the highest number of cases in the world the most tests the 4th highest number of deaths by 100000 in the world not to mention the continuing Opioid Crisis what is that in all of that to give people watching this this the last 4 days of this conference the confidence to give him another go. Who the president the administration is i dont think anybody could have planned for this worldwide pandemic which nature which ministrations in charge president s leadership under the circumstances been exceptional hes been able to find allocate resources and help. Address shortfalls in Critical Services hes been able to make sure that were not overpaying for protective equipment as well as fast tracking backseats you know some of the statistics verified deaths from 1000000 deaths 400000 i would say the United States is certainly a 1st world country with a lot of people and we have a lot of people from one end of the economic spectrum to the other and were very mobile country so if there was going to be some sort of Infectious Disease like to support it tremendously affected by it but were going to recover faster because of the way that america approaches so i think thats what you can see here in the coming months and its really what the president described. During the conventions forward. And so protests and deaths and the confrontations. Continued the slide the president. In federal forces so what is the president promising to do about these situations if reelected that he hasnt already done. Well we have a very clear Legal Process in the United States you know when it comes to the use of federal forces for civil Law Enforcement posse comitatus and only in cases of extreme emergency or federal forces used or in some of their rights as you were seen in washington d. C. When theres a Federal Building or a federal location the federal facilities are being threatened. And so the president rightly so is allowing cities in terms of those mayors of those cities and governors of those states who dress the situations and then when those mayors and those governors need assistance in the requests the president offers assistance to make sure that were able to return law and order to some histories where some of these protests are happening. Now because there was lots of biden bashing in the president s speech that said i hear the president on jobs. Joe biden is not a savior of americas soul he is the destroyer of americas jobs and if given the chance he will be the destroyer of american greatness for 47 years joe biden took the donations of Blue Collar Workers gave them hugs and even kisses. And told them he felt their pain. And then he flew back to washington and voted to ship our jobs to china and many other distant lands. To chris focus on this president s watch the u. S. Economy lost a 20500000 jobs unemployment so whats in the 15 percent from just under 5 all these figures that he should be proud of. Well if youre going to cherry pick the context of during this Global Pandemic the numbers dont look good but if you look at it in its full context the president and his jobs accomplishment no one has been able to advance the economy faster and further in terms of job growth lower unemployment and across the economic spectrum in the United States absolutely spend demick is affected our country as it is affected many countries but what youre going to see is the vigor and the ideas that the president brought to the 1st term prior to this meant to make that brought us to impress the heights of economic success those are the kind of things that are in store for america as we move forward under this president and his watch good talking to thank you for joining us republican strategist chris folks. Thank you this is the day on d w still to come. Here instead there really is no longer we hear the story of a musician who found a sanctuary in germany 5 years ago. For such apennines Prime Minister shinzo has announced his resignation citing Health Reasons as a tragic irony in the fact that the man who was elected to office 18 years ago primarily because of his economic policies well now they think it will not leave the country as he himself says in one of the worst Economic Crises for decades. 7 years 8 months thats how long she was in Office Number than any other Prime Minister in japan when he announced his resignation citing Health Reasons he focused on the crippling affects of the pandemic on the jet the release economy this is 2nd quarter so Economic Growth shrank by almost 28 percent. And tell us things shape up without. The markets reacted to the news of his resignation with pessimism initial reports the nikkei index dropped 2 point one percent by close of trading it was still 1. 4 percent down was the mood on the streets of tokyo. Im surprised he looked really tired but i didnt think he would resign i wish he could work harder and stay on in office a bit longer. Ive been wanting him to resign for a long time. Since a is a controversial figure in japan partly because of his emphasis on his public image in 2012 he introduced his ambitious Economic Program naming it unabashedly after himself. With urban omics i will increase jobs and incomes and revitalize the countryside because there. Was about easing Monetary Policy the Japanese Central bank cranked up the money pressed flooding the market with fresh new notes there were also credit financed economic stimulus packages initially the program did increase confidence both in the economy and among the japanese population but the risks of other nomics soon became clear the program over leveraged the economy to the point of sovereign bankruptcy and led to a loss of confidence on Capital Markets the already struggling japanese economy has been hit hard by the coronavirus with abbe out of the picture its up to someone else to pull japan out of the crisis. Russian president Vladimir Putin says he has set up a police force to support better ruses embattled president Alexander Lukashenko creating more tension with germany and the European Union mr putin said he was responding to a request from the baton rouge and he said the force would only be used if the situation got out of control the police have been making more arrests in the bell of recent capital in minsk taking dozens of antigovernment protesters into custody a number of journalists have also been held including a w reporter who was later released responding to the russian statement german chancellor Angela Merkel warned that better who says sovereignty must be respected without foreign intervention. It is likely that i hope that such forces will not be deployed. And i hope that the people who have bravely taking to the streets who have called out a bad state of affairs that those people have all the freedoms that we take for granted. Freedom to protest freedom of opinion all these things must be fought for him and its what people want and they ought to be able to achieve that independently without external interference from any side thats our hope. Dozens of which. Meanwhile e. U. Foreign ministers meeting in berlin have agreed to impose sanctions on senior officials accused of Election Fraud and cracking down on protesters Officials Say the block is working to introduce the sanctions as quickly as possible. Lets get more on this from d. W. Correspondent Nick Connelly in minsk welcome to talk about the sanctions on this Russian Police action in just a moment lets start with whats been happening in minsk today. Whos been detained. Theres been a real heightening of the Police Response to was demonstrations we had been seeing demonstrations of some kind or another becoming part of everyday life here in minsk in the weeks that followed that rigged election and now the government is making. Is really in acting its promised to clamp down weve seen people. Taken into custody and spending time in Police Custody now being given sense of several days of mr arrest for taking part in quote unquote. Section protests any opposition protests going to be sanctioned right now not only that but yesterday as you mentioned journalists being taken in for document checks in reality this is a way of trying to get in the way of press coverage to avoid unflattering images of protests being dragged away the police keen to get journalist to hand over telephones they can delete pictures and videos of these detentions. Refused to do that was kept in for almost 6 hours even though she was accredited even though she told right papers and she was told that some kind of procedural proceedings are now being taken against. Threats of sanctions and these are to be only individuals rather the country as a whole so whos likely to be targeted and what effect they are likely to have. I think the list is not going to be much for surprise its going to be top figures in the regime and Security Officials involved in the clampdown since. Selection. I think this is to be expected and its not going to have a great deal effect this regime has come under wave after wave of. Telling me they he doesnt like the color present but this regime has come under wave after wave of sanctions and they havent made a great deal of difference and theyve been withdrawn without doing much in return in the least if there is a regime in europe that is sanction proof i think it is the russian one but this is about symbolism this is about showing the protest is the outside world is watching and paying attention to whats going on here in minsk right and sanction proof presumably because interested in the e. U. Into they have. To now he is off base police force if the situation gets out of control doesnt needing russian help look like weakness because. Of course it does but its not as if theres much of a choice have been trying to play a very delicate game of balancing to even russia russia keen to integrate close and to even closer eventually to. Somehow form a union of the 2 countries with losing its sovereignty thats something that i had been trying to avoid in recent months but now given that it looks like hes going to be very very reliant on russian help to these protesters he may no be no longer be able to keep up that balancing act so how has the prospect of a russian intervention gone down with the opposition protesters. Its definitely something that scares many people here people are concerned that. Something not very distant from just another russian province if you were to end up so dependent on russian help and given the kremlins repeated. Repeated expressed wish to draw close listen to somehow recreate some kind of the soviet union in terms of bringing close to russia at the moment no one can really know where any of this is going there is no roadmap there is no clear progression here is that you ation where not the government is willing to enter into any dialogue with protesters and on the other hand the protest is seem in no mind to be scared by these government threats there is no clear path forward but it seems now this standoff is going to continue with no side really willing to give in you know come back from the brink for now. For now we thank you. Nick connelly in minsk. 5 years ago this summer youre faced its biggest migration crisis since world war 2 hundreds of thousands of migrants fled their home countries in search of a Better Future on this continent most often crossed from turkey to greece by boat often in flimsy these more than 750000 landed on the greek shows that here from back to what became known as the balkan brutes traveling north through macedonia and serbia into slovenia or hungary and then on to austria and a new countries including germany. Chancellor machall declared an open door policy for us for refugees from syria those results germany talking about a 1000000 people one of them was a man now known for his skill with a piano is his story. His songs tell of pain and a lost homeland but also of hope 5 years ago pianist a hamas mad fled syria specifically the yarmouk refugee camp for palestinians. Back there he played music to counter the nightmare scene of bomb craters and ruined buildings and created beauty to fight despair. I was hungry or so and i dont count even my family but i was keeping playing piano we die anyway we will die from hunger in 56 days volume when i dont die play piano at least its held me i dont think music its feed people or helped people really its held the mentality to see at least some of the whites white to place in the end all this got us to off in the other more comp. Yarmulkes a neighborhood of damascus it was under constant siege from i asked troops for years people there had no electricity no food or medicine and a ham played music. In the images of him playing with fire when a ham fled to germany in 2015 he was already a minor celebrity and was quickly offered a public stage but he felt uncomfortable with the attention. As. I am here famous playing piano the pianist alfie are more what we are a group of people i thought i took a bit in connection with him its not easy you know when somebody is still dying from hunger and you tell him look weak. Speak about you hear what its done for me there you know this is this is not the easy but the horrible images from a hamas mans past wont stop so easily hopefully he wont give up music it helps him during his darkest times and it helps him now allowing him to make a living and a new life in germany. That was the day i was ever have a conversation continues online youll find us on twitter at stand up in the news. You can use. Yet youll find as im sure that you dont mean just have a good day. To the point strong opinions clear positions international perspectives. Its official the republican and democratic parties in the us have nominated donald trump and joe biden as their candidates in this falls election now the campaign for the presidency begins in earnest will it be a journey fight joins us on to go right to point to the convention tonight minutes on d w. How does a virus spread. Why do we panic and when well all miss them. Just 3 of the topics covered and the weekly radio show is called spectrum if you would like any information on the crown of irish or any other science topic you should really check out our podcast you can get it wherever you get your podcast you can also find us at dot com slash science. Doesnt interest you and i ask him to jurors or dealing with any and i think i killed many civilians i mean gosh from becoming my father one day so suddenly i was a student because i wanted to build a life for myself at least to police but suddenly harsh became our kind of song. Providing cites global news that matters d. W. For mines. The power of words. Where i come from i never saw the sun where they. Have been going up and brazil in the sun was always a man since the portuguese word for sun is masculine when i moved to germany as a 10 year old i was a card to him until the end that would change how i see the world because into a month of this family. Seeming now but the side of a good listener so i was upon the table instead of a deep voice extroverted guy seemed absolutely incredible. I realized how language shapes the thinking how definition so far not only a mental image just what our whole perception of the role. Is inside save my life and was one of the reasons i became a journalist im a storyteller and i use my words to help with Intercultural Understanding my name is a limit where you can i work and to tell people. This is the dublin years line from fallin the acars of history is us protesters renew their call for Racial Injustice Racial Justice 57 years after Martin Luther king jr i have a dream speech tens of thousands gathered on the same spot that calls for the recent shooting of a black man in wisconsin todd white Police Officer also on the Program German chancellor Angela Merkel warns against foreign intervention into better groups as russia says it has set up a police force to help its neighbor the chancellor said government should enjoy freedom without the threat of outside interference. Meanwhile belarus is president tough french retaliation after the e. U. Moves to impose sanctions against high level officials as punishment for the violent crackdown against protesters. Im phil gal welcome to the program we begin in washington d. C. Where huge crowds have been taking part in a march in support of Racial Justice theyve been rallying on the same spot where 57 years ago Martin Luther king jr made his famous i have a dream speech racism protest is descended on the u. S. Capitol after the Police Shooting of African American jacob blake reignited tensions over Police Violence against the people of color the crowd heard from prominent advocates for Racial Justice including civil rights activist the reverend al. Were treated with disrespect by policemen that we pay their salaries that we dont matter so wed think youd wed let you know 2 whether we shot freckles light skin that got skinned black lads maddow and we wont stop until it matters to the average lets go straight to washington. In this house today be. Phillip was really very emotional a large group of people who came here early in the day as we heard reverend al sharpton gave a really fierce empowering speech we heard from Vice President ial candidate kemel hair is also the children of very own Martin Luther king themselves who are here so today really marks another historic moment in the history of the United States lets remind ourselves that. Spot on the state 57 years ago. Just 28963 Martin Luther king jr brings his Nonviolent Civil Rights Movement to the National Mall with a rally that would become one of the largest and the most iconic to take place in this location 250000 people from across the country take part king is the last of several civil rights leaders to speak that day from the steps of the Lincoln Memorial which lionize is the 16th u. S. President whos credited with ending slavery a century earlier king delivers what many historians call one of the best speeches of the 20th century. I have a dream he says that his children will one day not be judged by the color of their skin but by the content of their character. 57 years later civil rights activists are still fighting for that dream to be fairly realized. Maybe fighting for the dream but President Trump beg to differ he says hes the greatest president for black americans since Abraham Lincoln freed the slaves. Right thats what he said but the people we talked to today really disagree and they have the feeling that quite the opposite is true and honestly many talked also shared their disappointment about the 8 years of president obama being in the white house the 1st africanamerican president and how little he was able to really. To really fight and change this deeply rooted racism here in the political and in the police system. Nearly a week violent protests. Given that do you expect tonight to end peacefully. Right feels the march started around 6 hours ago and i think you see in the background that people are leaving so the peaceful protests are over not all because this has been really peaceful today at least the police is expected expecting a while and washington is really a lot i mean very k. To dob you see barricades in front of. Businesses downtown also w. s often is is barry catered up so we will be here throughout the night and see what happens we wish you well thanks so much for joining us. German chancellor Angela Merkel has warned that bella who says sovereignty must be respected speaking during our annual summit News Conference in the chance of a makeover addressed the broad range of topics including brotherhoods she was responding to russian president Vladimir Putins announcement that he had formed a police force to support the roosters in battle leader Alexander Lukashenko the chancellor said Foreign Forces should stay out of the country. It is my hope that forces like tough will not speak deployed about the people who have bravely taken to the streets who have called types of uses i hope they can have all the freedoms that we take for granted the freedom to protest freedom of opinion. All these things must be fought for and battle rigs and its what the people want. They should be able to achieve independently without any external interference from any side. All. Of which. Meanwhile you Foreign Ministers meeting in bern may never agree to impose sanctions on senior better russian officials accused of Election Fraud and cracking down on protesters they also urged russia not to intervene the president Vladimir Putin promised military support from belarus is in battle the that xander. Bloc wants to introduce the sanctions as quickly as possible. Lets take a closer look at this with russia im mr constantine agha in moscow welcome constantine what effects are you sanctions against individuals likely to have better russas political standoff. Frankly not much. These people who are under the. Exam to look at some of them for 1520 years know very well that they can be claimed persona as long a time in the west. Its very clear to me that this is a symbolic gesture that will have little or no effect on their loyalty to listen to look this is a regime which is wrong on the very very tight basis and these people are not people like russian oligarchs his entourage the a much tighter controls by look so no surprises here ok meanwhile the president himself a certainty his own Counter Measures that say what he had to say what william citrus because from start to quest something now will show them what sanctions are what i see as not until now they force their way to china and russia through us which i think it would look at that it should look now theyll have to fly either to the baltic or through the black sea to trade with russia for nothing regarding sanctions products that russia has embargoed which that will now show them what real sanctions are for this is a british book that they forgot who theyre dealing with womanish those dates and thats more than the claim its so cold into an ad that house brussels likely to react to that. Its a joke billows is a country of 9500000. 00 population with the g. D. P. About 50 if the 5000000000. 00 a neighbor in lithuania voters bill rose to his under 3000000. 00 population and pretty much the same if not even a slightly larger g. D. P. Who is going to suffer from sanctions i think its very clear bill who says. Well being the us is lifeline is transit to for example if 20 imports and mean import of Climate Action theres only one. If they try to block it then they will suffer even more and i dont think that will be forthcoming with a lot of cash handouts to bail out i think that this is for now more bluster then reality because look at this economy which is not in the great shape is especially because of our carve it because of coronavirus will suffer hugely and much less then the other uses e. U. Name neighbors will so lets focus on the relationship between the russian and better version of president s for a moment putin says hes accepted president lukashenko request for help and will send what is called a Russian Police force now do you think lugar sanka did ask for his help or did potent make him an offer he couldnt refuse. It could be better but i do think that our future will fight for a look at shankar till the end because it goes fall as a result of a popular revolution of people stop will regard the right in russia and although from now russians are very cautious and sometimes even suspicious of the russian events thats what at least their recent Public Opinion independent Public Opinion polls show in moscow they are going to take notice if forced to put in and that will be a significant blow to his perceived because ever since 2015 since the beginning of the serial peroration lugging a potent presents himself to the world as the ultimate recourse for all the story there in the leaders who are endangered by regime change as he sees it so losing his closest ally would be a blow it doesnt mean that russia will lose its influence in minsk because billy was is very very strongly connected the arson economy is actually wholly dependent on the russian economy. And political blow will be huge show put in will fight for a look at shingle hill around him assist us drug of lee he will not send in the military that will not be needed but if you look at shakers in big trouble putting will definitely lend him his correct police force units the Russian Troops to battle the protest and break fast as europe has to be careful not to push minsk too hot to having to choose between russia and the a u thats the last time we saw that in ukraine it ended badly. Well its a different situation than it was in ukraine 2013 or 2014 its past time to push to do to do anything he is fighting for his survival and in this he can only rely on one person in the world and that is what theyre going to put in because since him king of china is too far away so it doesnt really matter what europe will do in moscow as in minsk they do not respect weakness and diplomacy and expressions of concern that the so traditional for european diplomacy may work in hungary as it were elsewhere but they will not work in minsk in moscow this is a very serious issue and lugar shant go it will not go away until hes really defeated and that is still i think a bit far away constantine agate in moscow thank you in football live will coach you have unplugged has ruled out trying to sign then on massive from boss a no no because hes just too expensive messi told bosler this week that he wants to leave putting many top clubs on alert. But every. God. I everyone it seems wants a piece of lino messy piece of the scenes in the salary oh home of messes boyhood club mules old boys a parade thanking him to return. For you to follow leo please come back while waiting for you with open arms lee and lets go. I have a. Messy shocks the football world on choose day by announcing he wanted to leave barcelona his team of nearly 20 years thats led to speculation about his future destination so what about liverpool the english champions coach jurgen klopp says that while hed love to work with messi money is the problem. Who doesnt want to have messi and its the end but yet no chance of. The numbers are absolutely not for us we dont even have to stop thinking about it its all its all clear now jess. One possible destination is here the at Etihad Stadium and Manchester City a club with deep pockets led by pep squad the ola former coach at bossa. When i was you have been just a city and make it more the goats to beat them the bitch was already very difficult so thats it for the bromley would be great one of us and having the best. Messi at peak draw any club will competition to so now his next move is far from session. This is the w. News a live from then up next stephen desley hows your business updates of all world news at the top of the hour a day. Why subscribe to d. W. Books to meet your favorite writer. But i write is to share what i find beautiful. Books on you to. Beethoven is for me. Is for you. As for help. Beethoven. Is for the. Beethoven is for us. Is for the mother. Beethoven 202250th anniversary here on display at. Japanese Prime Minister shinzo abbay stepping down due to poor health his plan to pull the country out of its economic malaise was his calling card but had mixed results take a look at the legacy of. American tech stocks continue to soar and reach a shocking milestone we go to new york for the latest. Also on the show well take you to a resort in india that turned to fish farming after the guests stopped showing up. Because of the show im Stephen Beers in berlin its good to have you with us japanese Prime Minister shinzo his resignation on friday citing Health Reasons few leaders of developed countries have put their personal stamp on economic policies like the father of albert nomics which called for Big Government stimulus to crank up the economy hope to pull japan out of its perennial deflation trap and yet he leaves the country mired in one of the worst Economic Crises in decades. 7 years 8 months thats how long it was in office longer than any other Prime Minister in japan when he announced his resignation citing Health Reasons be focused on the crippling effects of the pandemic on the countrys economy which shrank almost 28 percent in the 2nd quarter so how will things shape up without the markets reacted to the news of his resignation with pessimism initial reports so the nikkei index dropped 2 point one percent by close of trading it was still 1. 4 percent down and the mood on the streets of tokyo. Forgive you he said that there are no im surprised he looked really tired but i didnt think he would resign i wish he could work harder and stay on in office a bit longer. Ive been wanting him to resign for a long time that. He is a controversial figure in japan partly because of his emphasis on his public image in 2012 he introduced an ambitious Economic Program naming it unabashedly after himself pleasure was sort of what with having all makes i will increase jobs and revitalize the countryside while making citizens livelihoods better. Other nomics was about easing Monetary Policy the Japanese Central bank cranked up the money press flooding the market with fresh new notes they were also created financed economic stimulus packages initially the program did increase confidence both in the economy and among the japanese population but the risks of abbey nomics soon became clear the program over leveraged the economy to the point of sovereign bankruptcy and led to a loss of confidence on Capital Markets an already struggling japanese economy was then hit with the effects of the coronavirus with abby out of the picture its up to someone else to pull japan out of the mess. So what is the final verdict on the other nomics professor geoffrey kingston as head of Asian Studies at Temple University japan and he told the business earlier today that the approach saw more failures than successes. I think he was good in terms of promoting treat trade eco to deal with the he he also rescued the t. P. But what didnt work he never delivered on structural rate floor which were the 3rd era nomics words are supposed to improve productivity he never delivered a woman amans he said he was going to help women shine but that hasnt happened right over to the u. S. Now 9. 00 trillion dollars as of friday morning the market value of the american tech sector stec sector rather was greater than the value of all european stocks thats according to see in d. C. Citing analysis by bank of america tech stocks have been rallying for weeks with Companies Like Facebook Google parent alphabet and amazon all benefiting from a pandemic that keeps more people at home that in turn has pushed market indexes into record territory. All right our financial correspondent yens korda is standing by in new york for more on this yes is it so simple as the pandemic is that why all these stocks are surging right now. Well its part of why stocks were on fire in the Tech Industry im standing your in times square by the way right around the corner of the Tech Exchange and nest egg for we just got numbers from as you were packard for instance another tech company and they were saying that before the pandemic about 12122 p. C. s were seen per household now basically every member of a household has a p. C. And all those Digital Companies yes they do profit from the pandemic but on the other side what were also seeing on platforms like robin hope for example we have a younger crowd trading stocks and they love to buy stocks like ethel for instance or also from tesla but its really incredible i mean in 2007 ok so i got some company here so in 2007 european stocks were 4 times more worse then us tech stocks so now the whole thing converted. Yes its like we have some company there behind you. There are concerns about tech dominating too much on the stock exchanges and the perhaps thats in balancing everything what can you really tell us about that. Well i clearly see that as a risk to what might happen to the stock prices in the near future if you look at it for example by know in the s. And p. 500 just 5 big tech names apple Amazon Google facebook and microsoft are they make more than 20 percent of the entire market capitalization of the s. And p. 500. 00 or so from the 500. 00 Biggest Companies so if we might see a certain reversal in that trend so lets Say Something positive happens on the health front what we all wish for and if we see some tech sector rotation that could mean a real pressure if investors all of a sudden might pull some money out of the tech stocks so to me its a bit unhealthy by the way lets see and whats going to happen on monday thats when apple and tesla so some stocks are really had been on fire will do their stock splits oh well the beginning of the next week could be interesting in that respect already got to get this idea of tech caring all the way up and then it can also lead you down with his perspective from new york thank you very much. All right and staying on the tech scene weve been reporting on social media sensation to talk and its recent troubles a band in india a threatened ban and for sale in the u. S. Elsewhere in the world the app is not only in prime position but its seeing incredible growth but is it enough heres a report from Southeast Asia. 19 year old sandy said pietra is kind of a big deal his fashionable features and ability to pick out of beat that helped him become one of indonesias my successful take. A year ago he had 30000 follow is now he has 10000000. The content in your note is that within your one piece of content i created was a video in titled no hands it contained some hand motions that were mimicked by a lot of people and it hit 1000000 viewers in a week. Sandy is a member of a young population in indonesia the countrys average age is 30 this makes it a key target market for tick tock as is the rest of Southeast Asia from this age its true that while it. Is connected its about using one more call for an up close up. Tick tocks presence in indonesia hasnt been problem free it was briefly banned in 2018 for hosting inappropriate content and Parent Company bites downs was accused of censoring its indonesian news up plus the control of a c. In the us and india has got stars like sand disappear tra worried theyre going to lose their main platform. But in Southeast Asia the reality is that like sandys fan base is only growing. All right now lets look at some of the other Global Business stories making headlines for hundreds of chilean Truck Drivers are striking for better security conditions in the countrys Southern Region of law. They claim indigenous groups wanting the return of and land have been attacking their vehicles along the highways strikers blocked major freeways allowing only private cars and trucks hauling essential items to pass by. Australia says it is disappointed in a chinese ban on a 5th beef supplier in china imposed the band after claiming it had found traces of growth hormone in a call in b. From the company beijing insists the latest decision has nothing to do with broader trade relations between the 2 countries. Or lets go over to india and its no fish tail resort in the country need a new source of revenue once they get shot away during the pandemic they look no further than the Swimming Pool to carolyn sunshine is what normally attracts people from around the wounds to the evader resort but this year the pool isnt full of european tourists its full of fish. Theyve been helping the hotel to survive since the collapse of Global Travel back in march there was no go to start over and by the 4th of march there was a lot dont we came up on the radio fish farming because of having one of the biggest Swimming Pools in this region. Splashing about in the 7000000 liters of water thats 16000 post spot fish there popular food in Southern India and the middle east the resort owners are hoping to make enough money from them to cover their bills join the closure. The fish will be sold in november hopefully to be replaced in the pool by humans. I dont know months time to reset the pull back to conditions so we plan to open the resort back by the. End of december done with it would go away and the staff can go back to feeding hungry tourists instead. Or another very enterprising solution there and that is it for me and the Business Team here you can check out more about these and other business stories online at www dot com slash business to look for us on facebook and twitter as well. As always thanks for watching. True the point is strong opinions clear positions from international perspectives. Its official the republican and democratic parties in the us have nominated donald trump and jill biden as their candidates in this falls election now the campaign for the presidency begins in earnest will it be a journey finite join asuncion. To the point its a convention in 60 minutes on t w. What secrets lie behind small. Discover new adventures in 360 degree. And explore fascinating World Heritage sites. P. W. World heritage 316 get enough now. Are we alone its a fundamental question on your manager trying to figure out whether or not. Life existed on mars pretty clear water was there quite abundance while that would be interesting so on mars the atmosphere is 100 of what we have here on earth its very very cold and at the past its like you have started you could imagine bringing some supplies and you know you do and build a little selfcontained pressured vehicle or vessel which would be on the surface there are things like oxygen that you can harvest from the atmosphere to help make living possible. If you want to think of humanity if we really want to survive forever were going to have to move off the earth eventually and i know that seems a little crazy but youve got to start somewhere. This is due to be news africa on the program today than off so gentle giant elephants have killed several people in zimbabwe so far this year locals say the global battle on ivory trade is to blame. Clashes in south africa to these between protesters and police theres anger in johannesburg
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