Italy voting for a biggest say in who controls their affairs and how much tax they pay the need to region may bring long body count for thirty percent of italys g d p alright youre up to date with all the headlines here on how does or ill be back with more news in just over twenty five minutes state you know for one of one east. You know still years Remote Northeast big plans are in the pipe. The largest coal mine in the country and one of the biggest in the world is going to be built here. The Union Company behind the bar says it will create thousands of jobs. But at what cost. Im steve chowed on this episode when hes confessed to gates whether the mine will mean riches or ruin for australia. To. Clear up a point where you know if. We got together. Right. Leg. Loosen it carries cattle station is on the edge of an area called the galilee basin in the north east of the strange. Life here isnt for the faint hearted the climate tosh and then the drought is perhaps the furthest by far the
In australia is Remote Northeast big plans are in the pipe. The largest coal mine in the country and one of the biggest in the world is going to be built here. The Indian Company behind the bar says it will create thousands of jobs. But at what cost. And steve chow on this episode when hes the best against whether the mine will mean riches or ruin for australia. Or if. We got together. Right. Ok. Bruce an innate carries cattle station is only a given area called the galilee basin in the north east of the strange. Life here isnt for the faint hearted the climate tosh and the land grabs for the first by god i pray i want to try god. But in the past few years there breached breaking point. The couple is fighting for survival as. Coal Mining Industry by Indian Company adani marches into the region. If that adani more guys it its going to be devastating itll destroy the galilee basin because they die any more and if it starts the rest of the morning will come and be on. The currys biggest c
There are seats on the wings of the room who need a place to set. Sit. Youre welcome to see it of course. It is great to welcome everyone to this evening of conversation in discussion about our christian witness in the 21st century. The occasion is of course his new book on the benedict option. But before i introduce the imminent speaker i want to thank the cosponsors of this event. One of the sponsors is first things manganese magazine that i edit. And the other sponsor is plow and i would like to think peter munson for contributing so much for making this evening happen. It was really peters idea to have a big event like this to mark the publication of this important book. I would also like to thank the folks at the american conservative where he is a Senior Editor and a tireless blogger. And as we all know. In fact right now he is posting the folks at the american conservative in the folks at plow and i would like to thank those of us for trying to think about how to move forward in
I will have more in the markets shortly. Angie thank you. Central bankers reaffirmed their belief in the power of Monetary Policy at their meeting in jackson hole, with janet yellen signaling a hike is still on the table next month. Meanwhile, we have kuroda vowing to act decisively on stimulus is needed, saying there is ample roof room for additional leaving. Editor brettnomy miller is in tokyo. What clues does this give us, at the boj meeting . Reporter we are certainly in for a tense wait. Kuroda has implicated as he has said before, that a full increase in policy is possible. That means we could see negative Interest Rates cut further. We could see the asset Purchase Plan increased as well. Variables ist of open. We have seen in recent days, analysts talking about the possibility of the boj moving into new areas including looking at buying local government bonds, and areas where public corporations are issuing bonds projects,t like rail sewers, building hospitals. A whole host of a
Markets postjackson hole are see aning when we might increase in Interest Rates from the Federal Reserve. Lets start with the work function on the bloomberg. It puts in perspective the moves we have seen over various Asset Classes and what this tells us about expectations for a fed rate hike. In probability of a hike september. Increasing bets on a fed increase. That number was just 22 a week ago. Janet yellen making the case for a fed rate hike. Even if talking about being more gradual in the future. The markets assessing the near term. If you are not convinced about september, it looks like investors are convinced for the rest of the year. 65. 7 of a hike by december. What is that doing to the markets . We have seen greenbacks strengthening. Emerging markets stocks a little bit weaker. A divert ins policy between the boj and the fed. Lets show you the risk and where we are on these various Asset Classes. The dollar index fairly flat. Spoke, took an little time to settle in. It settle