Every. Hello im Adrian Finnigan and this is counting the cost of aljazeera a weekly look at the world of business and economics this week 2020 we pick through what could be the hot geo political and geo economic topics of the year from the most important election in the free world will President Trump win another term and what does that mean for trade wars and dispute can the world come together to tackle Global Warming and globalization and will we see more people on the streets of them so that wealth is unequally spread across society. The International Monetary funds new managing director chris turney that hell give a has described the Global Outlook as precarious trade tensions could cut Global Economic growth by north point 8 percent or 700000000000. 00 now thats roughly the size of the swiss economy central bankers have been pretty clear that any slowdown this year would require governments to step in with stimulus packages why well because Monetary Policy that is Interest Rates
Back and devastation which will take many years to recover. 70 percent of the state of the year has already been developed the forested for lucrative timber then burned to create land for cattle rearing and sawyer production the rest is up for grabs and no one it seems is stopping them at the moment if you burn the forest you are backed up by a president and then you do exactly as you want to do because you know nothing will happen and thats a problem and we have seen statistically when this Law Enforcement fires in deforestation goes down when we dont have it it goes up. The thought has a still burning but will boast not bend on the bay heat of International Pressure or bow to the ambition of some of the strongest supporters that their aljazeera grown donya state north west of brazil pay in the news ahead President Donald Trump downplays north korea koreas latest Missile Launch its 7th in a month and indonesias Coffee Growers are in trouble theres been a bumper crop but not a bump a p
And yes its robert peston. Next. Prime minister a couple of quick is if youll indulge me they just put a question to the u. S. President trump and what President Trump said was he now thinks it highly likely that theyll be a no deal hes right isnt a. He said the you is a tough and rather of what he said confront terrified it before we before we go any further did exactly that we that what we did i dont sort of. It back him up come on back him up and you know he said something or ms wright said exactly ok its going to be impossible except to use. That the president said something about how long he was a tough negotiator and get it. President in flood just that he thought that you know the breaks if you agree with that sapporo. Gallery in Westminster Abbey its all parties to issue a declaration calling on you not to use the device of suspending parliament to force with no deal but it was to be give them that commitment that you want to spend part of that ok were going to achieve that tha
Seeing as its august when most of the Financial Markets go away for a vacation and we thought that it would be the ideal time to take stock and what a year its been for the independence of Central Banks governors have been threatened resigned or been fired by populist leaders the Global Economy is slowing thanks to the own going trade war between the United States and china the International Monetary fund cut its Global Growth outlook saying that missteps on trade and briggs it could hurt any recovery the World Economy will expand by 3. 2 percent this year the fund said that growth rates would be the weakest since 2009 but the funds growth predictions are far more optimistic than those of some independent analysts and sanctions and the threat of sanctions have ratcheted up the tensions in this part of the world the middle east the own going breaks it saga selections that could change both the political and economic landscape and not. Ceasar really for the best so weve got a lot to get
A half a 1000000 syrians to its border. And the guy said i know how to read g. M. s taking everything that they are giving us a kicking up yesterday 6 helicopters over our heads forced us to live on my dads bonding checking on that our legs turkeys president has told his russian counterpart that Syrian Military attacks in northwestern syria a causing a humanitarian crisis type one told bloody near putin that whats happening there threatens Turkish National security its one of the reasons turkey is so keen to get a safe zone up and running on the syrian side of the border but so far theres still no indication that turkey has agreed with the u. S. Military on who will patrol is zone and how deep into syria it will go burn its way aljazeera and taqiyya. Still ahead on the program prodemocracy protesters in hong kong say they are tired but they will not back down in their fight with beijing and russias Floating Nuclear power stations set sail across the arctic prompting environmental and s