President obama gains enough congressional support to secure the Iran Nuclear Deal the chinese president xi jinping will reduce the size of the military by 300,000 soldiers. They made the announcement as 12,000 troops marched in beijing, marking 70 years since japan surrendered. The event is about the past. Chinas neighbours are likely to see the parade as a message for the future. We are live in seoul and beijing. Correspondents Harry Fawcett is in the south korean capital. Lets first go to adrian brown, live in beijing. Now, adrian, xi jinping says he wants to reduce the Peoples Liberation army about 300,000. What is behind the decision . Well, xi jinping appeared today not as the president of chi china or the secretary of the communist party. Today china sent a message to the world we were on the winning side in the war against japan 70 years ago, and wed be on the winning side again should that country or any other attack us because of this vast military arsenal that we have. Presi
It is a really busy week. We have Global Leaders gathering in paris today and we will bring you the live shot of those arrivals and then we get onto the ecb. A Bloomberg Survey suggests that we are going to see a deposit rate cut. How big will it be . That is the real question. Mosul expected to go from 0. 2 to 0. 3. It to goeople expect from 0. 2 to 0. 3. Remember that janet yellen speaks thursday and we get payroll on friday. A really big week in front of us. How do we set it up. Thate we talk about all of , lets get you the bloomberg first word news. , the leaderse eu have agreed on a deal to help stem the refugee falls through the nation. Some people get a package of 3 billion euros in assistance for bolstering border controls. This as the eu is dangling closer that could bring for potential membership. Meanwhile, the russian president Vladimir Putin has announced measures against turkey. Russia has suspended their tours, banned the hiring of turkish nationals, and will block the s
The communicators is on location. This week well look at some of the new technologies coming out from ces international and talk to policymakers as well. This is the communicators on cspan from las vegas. Well now we want to introduce you to Ulf Ewaldsson with the Erickson Corporation Senior Vice President group chief Technology Officer. Mr. E waldson, before we get into what you do, just want to make the statement that erickson is not the Consumer Product corporation that it was a few years ago is that a fair statement . Guest absolutely. We are not in consumer at all. But being here at the Consumer Electronics show in las vegas you can really see how relevant networks, which we are doing, are becoming to just basically, every Consumer Product out here. Host for a while people owned erickson phones. Do you even manufacture them anymore . Guest no, we dont. Host so a more of a business to business type . Guest we are the Global Leader in infrastructure for networks where we provide bot
It is a complex answer. Let me try to explain. 5g is more than just another network. It is an even nation an evolution of 4g into a network that is much more responsive, much faster, built for machine type communication. In ericsson, we talk about a Network Society. And the Network Society is a society where everything that can benefit from having a connection will actually have one. We put a Vision Forward in 2009 in barcelona in the trade show going on there of the 50 billion connected devices in 2020, which has caught on very well in the world. And that, i think, open to many peoples minds that the mobile industry is not limited to the smart phones and devices we carry around personally. It also is a Great Technology to connect so many other things and to be able to build a Better Society based on those kinds of technologies. Host on ericssons homepage there was a post about a connected world is just the beginning. What does that mean . Ewaldsson if i should interpret it. I think th
Is that a fair statement . Absolutely. We are not the Consumer Product at all. But being here at the consumer electronic show in las vegas you can see how Relevant Networks which we are doing, is becomes important to every Consumer Product that wants to be connect connected. For a while people owned ericsson phones. But do you manufacture phones . No we dont. It is more businesstobusiness . What we do is we are the Global Leader for infrastructure for networks and provide infrastructure and Telecom Services and services for operators. So that is the business we are in basically. What is ericsson demonstrating here . What are they putting on the floor . First of all the main message for us is to make sure everyone who is out there is showing the different project and Consumer Device and things they have build that want to be connected and benefit from being connected over very good networks. Of course we are showing l g products andilate es latest and Great Depression est systems why ar