Hello there plenty of scattered some of funnel storms across much of the United States particular cross the south but not just that with all this humidity in place and a lot of heat we have actually got heat advisories in place all the way from texas right there cross into southern i was a georgia and down through much of florida so what does it really increases how it feels so 38 is the high few in dallas on sunday will fill more like 42 and thats generally the picture meanwhile to the northeast clear skies good time which is 30 celsius in washington and a nice couple days in l. A. 28 degrees celsius youll see some rain here across the central and Southern Plains continue to work its way slowly east was as he has through monday so fairly unsubtle across much of the Northern Plains that but again a nice day new york with a high of 29 degrees celsius that we had south across towards the caribbean and so still a good conditions here some quite strong winds coming in from the east but it doesnt mean that both the leeward and Windward Islands saying if you shows that nothing more than that and fairly close one across much of the Dominican Republic and haiti a cuba also quite a bit of cloud there just pushing across into have anna and then across into Central America the rain is further to the southward from guatemala down towards panama and then all monday want to see some more rain to the forecast in southern mexico 23 the high celsius there and 31 in havana. On counting the cost a new world currency to challenge the dollar facebooks global dominance faces challenges. Currency wars china lets the one to appreciate is trump ratchets up the trade war the economic and environmental costs of sand extract counting the costs on aljazeera. Out there either says the couple took me to understand a very different way were there before opening up and we dont leave our. Welcome back a quick reminder at the top stories here on the aljazeera southern separatists in yemen have agreed to a cease fire in the city of aden saudi that coalition called for the truce after separatist forces took control of the president ial palace a military camps southern port city is the temple city yemens international scope. The u. N. Secretary general has condemned a car bomb attack thats killed 3 u. N. Employees in libya the explosion in the eastern city of benghazi happened moments before a convoy through the area. At least 70 people have been killed and Dozens Injured when a fuel tanker exploded in tanzania happened in the town of t. V. Thats northwest of the capital douma people were trying to collect feel from the vehicle which had overturned. Now american finances Jeffrey Epstein has been found dead in his new york prison cell he was being held awaiting trial on sex trafficking charges his death was an apparent suicide and the f. B. I. Is now investigating jabatan z. Has moved from washington d. C. Jeffrey epstein faced a maximum of 45 years in prison for the trafficking of girls as young as 14 to his homes for sex he pleaded not guilty after being denied bail last month the 66 year old had been found unconscious in a cell with marks on his neck and reportedly placed on suicide watch however there are conflicting reports as to whether he was on suicide watch when he was found hanged in his new york jail cell Early Saturday Morning epstein worked in finance reportedly managing other peoples food chains he presented himself as a billionaire and he lived an extravagant lifestyle but the source and extent of his own money is obscure his Social Circle was extensive and influential documents show former president bill clinton britains Prince Andrew and donald trump were all acquaintances and before he became President Trump called epstein a quote terrific guy he likes beautiful women as much as i do trump said and added quote many of them are on the youngest side however since epsteins arrest the president has distanced himself i was not a fan of jeffrey yet and you watch people yesterday saying that i threw him out of a club i didnt want anything to do with it now is many many years ago it shows you one thing that i have think that you have along with allegations that he supplied young girls to his circle of influential men all denied by the man in question just on friday thousands of documents were unsealed from a legal case against one of his associates that alleged a young girl was forced to have sex with quote many powerful men including numerous problems american politicians Business Executives foreign president s and well known Prime Minister and other World Leaders and quote epstein was 1st indicted in 2007 on similar charges that could potentially have led to him spending life in prison if he served only 13 months in a private wing of a county jail in florida following a plea agreement under the terms of that deal investigations into his activities were ended and the extent of his crimes and who else was involved concealed the federal prosecutor who negotiated that deal with Alexander Acosta who subsequently became Donald Trumps labor. Secretary he resigned following renewed scrutiny of that plea deal it would be selfish for me to stay in this day and when you talking about it its all yours all rather than about 18 on me right now even after epstein is released as a registered sex offender he mixed in elite circles but in july federal prosecutors ordered his arrest again his house was searched and crews of evidence seized its expected that civil proceedings will continue against epsteins state and perhaps the truth of who epstein was will be settled the aljazeera a gunman has opened fire at a mosque in norway injuring at least one person the suspect is now in custody earlier police said the body of a woman a relative of the suspect was found in a home near the mosque and also Police Describe the gunman as a young white man. More than 60000 opposition protesters of rallied in russias capital the biggest demonstration of its kind in years they were protesting against the exclusion of some candidates from next months local elections all than 200 people arrested steadfast in reports now from moscow for. This huge turnout shows that the governments crackdown is not working despite massive arrest in the past weeks more people have gathered to demand that and to Police Violence and ask those detained to be released what started as a local election protest has turned now into a Broader Movement im here to shoulder term. For the fish is no government against its own people Alexander Salafi of is the only opposition candidate who tried to run in the moscow election who is not in detention at least not at the moment before the rally we could only meet him at a Public Square because hes avoiding arrest by not going home he had been detained for 8 days after the previous protest or the authoritarian regimes collapsed just because of their actions like this because they do everything vice versa they suppressed a crackdown and he tried to stop the spread of information they stopped they tried to stop something inevitable something that you cannot stop a big victory to stop time to trade so progress did attention of opposition leaders like ilyushin and alexina found me had not deter people from taking to the streets at the authorised rally protestors were urged to take part in a not or an authorized rally thats when police started to detain people and again part of the center of moscow is under Lockdown People are being detained for peacefully marching here through the city center it wasnt an authorized protest people are being brought in one by one dragged over the floor detained sometimes with quite a lot of force with love in scream. With this thing and theyre all being brought into the fight while flooding you put in is celebrating his 20 years in power analysts say more russian one day point is to be heard. The citizens are demonstrating something brand new and your way of interacting during this protest and importantly their persistency its not valued enough but for a political process like this its the key factor so far the authorities have not backed down although less people were detained during the previous week but with tens of thousands on the street and more protests expected pressure will only grow step class and aljazeera. For motors government says its offer to take in 39 people pulled from the sea by a migrant rescue organization has been rejected malta was willing to take the rescued migrants but refused entry to 121 others already on board the charitys ship open arms that the decision had caused a serious security problem and created a high levels of anxiety among the migrants Italian Government want it will not take in the latest rescued Migrants European Union is appealing to Member States to work out a solution. Had been major protests against gender based violence in bolivia demonstrators and police are threatening to prosecute crimes of Domestic Violence critics say the law to fight this kind of abuse isnt being properly enforced. What somalians will choose a new president in a Runoff Election on sunday polls are putting the former 1st ladys sanatana is ahead of this and for right candidate i one vote gemma today was now on his 4th president ial run to hold reports. Hope was in the air at the last quarter mile in elections the groundbreaking United Nations backed commission is going off to corrupt politicians the president himself had folded. I was in the streets thousands marched for change and for a moment it looked like they get it im feeling it yeah yeah fast forward 4 years he hopes he but dog the n. T. Corruption commission has been slowly dismantled and both candidates are talking the talk. But im guided by corruption. Combating the disgusting corruption will be a priority need the plans to renew the Anti Corruption commissions mandate sunda told is an island 100. Have other priorities but. She says she would bring back the social aid that made it popular as 1st lady and send the army on to the streets to combat gangs hes a conservative whos promised Training Credit for farmers and 9 faced on crime a multiyear isnt but theyre far from popular and both have checkered pasts codas was accused of illicit funding for the last president ial campaign gemma was acquitted of it should you dish to killings while head of the prison system whoever wins will take an extra baggage left by outgoing president Jimmy Morales he signed a deal with the u. S. That migrants crossing the country mainly from honduras and el salvador would have to request asylum in guatemala rather than continuing to the u. S. If the deal is ratified it could mean tens of thousands of new arrivals in a country where already more than half the population. Lives in poverty. But much as i see on it for many reasons like high malnutrition right inequality and corruption allegations in the Health System what a mile in some soap slave the country that shows it cant guarantee those rights to the hundreds of thousands who would arrive be the candidates keen on the deal with the u. S. But neither has rejected the outright part of governing guatemala for whoever wins will mean getting along with the power to the north shore home and. Security remains tight in indian administered kashmir although some restrictions have been eased to allow people to celebrate the muslim festival of. Our military forces continue to patrol the streets of the capital srinagar they were deployed before new delhi revoke your tummy of the disputed region on monday telephone and Internet Connections are still cut off a brief lifting of the lockdown on friday was met almost immediately with protests. At least 22 people have been killed in a 1000000 forced from their homes by a powerful storm that struck chinas east coast typhoon lekima made landfall on saturday in the province of james young it cause widespread damage landslides and flooding several people are still missing and Emergency Service is warning of further landslides. South korea has opened the last of 3 hiking trails along the Demilitarized Zone the government hopes that initiative will promote cooperation with the north it coincides with the launch of several short range missiles by pyongyang. As many feel about it for what they were going into the 3rd and last hiking trail along the Demilitarized Zone that separates north and south korea is now open to the public. Once marked by fences and land mines along this highly militarize border Public Access was restricted for decades until now its just a. Little aside that has been forbidden to the public is now open for the 1st time i believe this symbol of division will become one of peace. The program is part of an agreement signed in september by the 2 korean leaders that seeks to ease the decades long military standoff with the north would say leaders hold summits continuously and now more than ever people aspire to peace hyper unification can be peacefully achieved unlike other tourists to give the general public on president access to a demolished guard post in the Demilitarized Zone or d. M. Z. It was set up after a split between the north and south but tensions have remained high since the truce end of the korean war in the 1950 s. But despite efforts to build trust the provocations continue north korea recently launched a string of new short range missiles and rockets an apparent warning against what it calls hostile joint military drills by south korea and the United States. Your north korea is one of the most isolated countries in the world for many visitors its a rare opportunity to get a glimpse into the secretive communist state for the 1st leg of the d. M. Z. Peace trail was opened in april the 2nd in june while this Program Hopes to bring peace theres still a long way to go towards normalising time. Was between south and north korea. Aljazeera now to the largest ot some cultural festival in the world where artists are refusing to become fine by the old genres of theater dog circus and theres a lot of the Edinburgh Fringe is hosting some of the most experimental and International Productions john and i went to see how theyre playing out with audiences. Staging a show at the Edinburgh Fringe is often a new. Day but philip fabric show is exceeding expectations. Bending acrobatics with. Stick. Skating and pacu with piano music the canadian treat is reinventing so this. Its always circus circus is so vast that you can end up playing with a mike and juggling with it oh its circus but wait a minute teaches that theater he just danced and he was talking while he was doing it so hes again doing theater while dancing and theres music but then he does juggling so we call it circus. Mixing up films is also in evidence that adam has Botanic Gardens where theres a multisensory was inspired by the sights sounds and Scientific Study of the flow country scotlands peaked folks trees breathe in saying. C c transporting visitors to another wild. Weve commissioned artists who have all been inspired by the flow country and far some arent and kates message sutherland which is in the north of scotland so theyve all spent a variety of time between 3 days some as long as 18 months up there they 4 or 2 scientists based on the flow country and thats been the inspiration for all the works that you see in the gardens edinburgh is the perfect environment for artists to experiment with new technologies this is a sonic umbrella its given to each visitor and plays the sound of birdsong the original piano. Also comes in handy when the weather plays out. One American Company is making life cinema using actors project is in 500 shadow puppets to recreate the story of frankenstein. An eccentric orchestra plays a haunting soundtrack with some instruments controlled by robotics these cutting edge pieces are playing well with audiences in edinburgh breaking the mold and creating art that refuses to be defined. Not a quick check of the headlines here on aljazeera southern separatists in yemen agreed to a cease fire in the city of. Saudi Led Coalition called for the true south to separate his forces took control of the president ial palace and military camps in the southern port city of the temple see yemens internationally recognized government. The un secretary general has condemned a car bomb attack thats killed 3 United Nations employees in the. Explosion in the eastern city of benghazi moments before a u. N. Convoy passed through the area the u. N. Security council has met to discuss the convoy attack. I join others in condemning in the strongest terms todays attack on the u. N. Convoy in benghazi we send our deepest sympathy to the families of the victims the u. N. Exists to help and protect people and attack against its representatives is an attack on the International Community at large and we salute the work that this doing in libya at the same time is the assistant secretary general said scores of libyans have also been injured safely the libyan representative can convey my countrys condolences and sympathies to his country and to his people at least 70 people have been killed and Dozens Injured when a fuel tanker exploded in tanzania it happened in the town of t. V. Thats northwest of the capitol dome or people were trying to collect field from the vehicle which would overturn a. Security remains tight in indianapolis to cast mail or some restrictions have been eased to allow people to celebrate the muslim festival of either larger military forces continue to patrol the streets of the capital from a girl. More than 50000 opposition protesters are valid and russias capital the biggest demonstration of its kind in years they were protesting against the exclusion of some candidates from next months local elections over 200 people were arrested. A gunman has opened fire in a mosque in norway injuring at least one person the suspect is now in custody earlier police said the body of a woman a relative of the suspect was found in a home with a mosque in oslo but those were the headlines the news continues here on aljazeera after counting the cost structure that a water bottle. Al jazeera its swept every since. Hello im Kemal Santa Maria and this is counting the cost on aljazeera your weekly look at the world of business and economics this week. On balance it sounds like a solid idea or a new world currency to challenge the dollar given its backed by facebook well its just not that simple we will look at the challenges the social Network Faces from governments Central Banks and data coming over this week the currency war within the trade war china lets the one depreciate as donald trump slaps paging with the title of currency manipulator brags it also takes another lump out of the pounds im going electric on 2 wheels is this the transport to reduce limbs carbon footprint. The most valuable commodity in the world well for the past 100 years the answer to that question would have been oil or maybe increasingly water but with the likes of amazon googles Parent Company alphabet and facebook becoming the worlds most valuable listed Companies Big data is now king the rise has been rapidly even regulated scrambling to keep up with the changing environment and now one of those protagonists wants to write another chapter facebook hoping to introduce a Digital Currency called leap or perhaps not surprising in the age of bitcoin but given facebook has abused the days or it has on billions of people and its failed to curtail the spread of online hate and generally has become a byword for distrust well many in policy circles are opposing the new crypto currency because its also a threat to National Economies a facebook currency used by its 2000000000 users could effectively create a new world currency a rival for the dollar maybe a yen of the euro and the loss of sovereignty is a huge concern for the likes of frances finance minister Bruno Lemaire in an interview with c. And b. C. He said quote we cannot accept a new currency having the exact same kind of power without the same kind of rules without the same kind of commitments and without the same kind of obligations. And even u. S. Treasury secretary steve has raised the issue of Money Laundering and funding of terrorism nations are already struggling to get Silicon Valley to pay its fair share of taxes too because social add growth slows facebook is now keen to tap into other areas you know revenues from Global Payments that is remittances electronic transfers although sorts of things they will exceed 3 trillion dollars every year but the a 2022 according to mckinsey already person to person payments in china topped more than 17 trillion dollars this is when you use an app or an Online Service to transfer money and although facebook will own only one percent of the new currency labor tapping into the Global Payments market will make it fairy very rich with us now who is the chief markets analyst with think markets and name its great to have you with us i think just before we get into the real details that stay with the basics the difference between the likes of labor and say bitcoin which most people are well a little more familiar with labor is going to be the fastest manger cryptocurrency bush will be into and used by one Major Corporate or and prize whereas bet coin has not been introduced by any enterprise or any man its not controlled by anyone theres no governing body behind it coin it is completely decentralized and it is driven by the Community Price and everything with that respect is completely determined by the user id the supply is very much fixed anyway the only element which is the price is in demand one of the most important things you mentioned there on the bit one side of things is that theres no regulation and thats i guess what people were fans of bitcoin like about it theres never going to be a way to properly regulate this is there and i guess is now controlled by humans. And him or by any set of a bank or a central bank it is a completely decentralized solution for the community for the uses and of course. Cannot clamp down we all know theyre trying their best to regulate it but everyone just completely failed to do that so lets think frances finance minister has recently brought up this issue and talked about sovereignty what does he actually mean by that and again is that just well fanciful in the idea of protector and sees as youve just described them. Leg in a they issue of labor as its just its been pumped so much and it got so much attention because all the central bank is the no one particular element that we were and that we we we want able to regulate or control bitcoin and we dont want the same thing happen for a labor which is correct of currency by the Biggest Social Network and there that they that they already know that theyre find it incredibly difficult to find the regulations which can really surround this social media now because they know big corn has become a major success and it of course is a major threat to central bank is the way that they regulate Monetary Policy or that is the way that they regulate other aspects of the political system so they dont want another was in of a major bitcoin coming into the market and then that means they will complete they will lose the control of well whatever they have in that respect this is perhaps more a sort of social commentary question but the fact that it is facebook you made the point there is this massive social network 2000000000 users the fact that it is facebook behind this is that whats got people worried the fact that people feel facebook can be trusted anymore because of what its done with users data in the past so when we say people unless you must be very clear. These people that were really talking about theyre regulators right and yes the are concerned about this one that they cannot control because the news media or the way that we see news these days is not the same as it used to be back in old days now it is more open and its more transparent theres more element of being real and telling the truth and theres less censorship in this one i think the regulators wanted to make sure that yes the Money Laundering systems and Everything Else stays while in place but hair is a 5. 00 is the biggest currency when it comes to Money Laundering and theres no doubt about that and then you cant even trace through is transactions but when it comes to anything on a block chain or on it over the respective cryptography such as bitcoin everything is very much traceable you know where the transaction happened if you really wanted to camp and down you can certainly clamp it down everything whatever you want so to answer your question precisely b. Yes they are concerned regulators arkansas and that ok i mean if facebook is coming up in the create a currency it is a major threat for the us system just a bit more on the back is if you like of libor yes facebook is the name there but there is this 100 member panel there as well which has the likes of easer on board i guess thats understandable but then youve got the likes of you know the ride sharing apps the in the lifts for example what do they bring to the table was far as currency in banking goes yes like when it comes to the narrative of cryptocurrency is it adopts ability its about usability of that that particular these particular functions becomes very important and this is why face very doesnt. Really want ok we just have this particular area and then this is where its going to be excepted now they want every Single Person all the Different Enterprises to be part of the net bag so its just like that when i have a daughter when i have pound i can go anywhere and then i can you know say they want to have the same concept they want to build an entire ecosystem around it and isnt that a good concept in a way you know were going to be talking about currencies later on this program particularly to do with with china. And the pound as well and the u. S. Dollars well the fact that there is all this volatility in the politics plays that role in all of that this idea or at least of a global currency which might be easier to use through facebook on the face of it maybe it is a good idea like innovation is always important for our ecosystem it always helps to make things more efficient so yes it is of significant importance that we should see these kind of innovative ideas this new you know way to technologies and currencies coming and merging but a yes. There shouldnt be a wild wild west when it comes to then the should it have to some regulation make the entire regulator framework even more better rather than just going in a completely new land and then everything just kind of starts to blow up now am i so its a pleasure talking to you about this thank you so much for your time thank you. Now in the tip for tat trade war between china and the United States beijing may have landed a blow that even President Trump will find hard to counter after trump threatened to slap tariffs on 300000000000 dollars of its goods china let the Market Forces loose on its currency leaving washington to label beijing a currency manipulator scott hardly has more from beijing on what that means for the worlds 2nd largest economy. A new battleground in the intensifying trade war between the worlds 2 largest economies currency valuation the Chinese Government eased its control over the yuan allowing the currency to surpass the 7 per us dollar level for the 1st time in more than a decade that prompted the u. S. Treasury department to designate china as a currency manipulator something it hasnt done in 25 years with the yuan worth less chinese exports become cheaper allowing to compete better in the u. S. Than across the world partly offsetting the u. S. Tariffs imposed on chinese imports but it will come at a cost to chinese consumers they will pay more for imports Chinas Central Bank is denying the u. S. Accusation saying its a protectionist practice some economists think china allowing more u. N. Volatility can only go so far chinas trying to say that were not going to be brave by the us a small reminder to escalation of the trade war and what china can do about a further escalation for china to Exchange Rate as a weapon is highly unlikely because when a drops to say 7. 00 then it becomes a political issue. After share prices worldwide felt in reaction to chinas move some experts say the view inside china is not as pessimistic and a weaker you one was expected at some point in the past the u. S. Has been hesitating with the currency manipulator label over concern that it could trigger a trade war but were already in one so the consequences are low and the negotiations with the International Monetary fund could take up to a year and some feel that the i. M. F. Wont act against china despite the u. S. Accusation of manipulation when he starts mentioning the i. M. F. The question is what could he do there the i. M. F. Is a consentual organisation theyre not going to take sides in fact 2 weeks ago they already issued their own statement about chinas currency and they said that it is and why with International Standards despite the arguments the us says its still planning for a visit from a chinese trade delegation in september now a better place to talk about all things currency then there are patel hes joining us now effects in global macro strategist at i care a good to have you with us