States has a new conflict zone on its own doorstep its a crisis that the u. S. And other industrial nations have helped to create. There 700. 00 times more Carbon Emissions from the United States so its 900. 00 than that in guatemala. El salvador and honduras combined 700 times more yet this is like this the this is a country thats thats thats fortifying of the borders from people who are obviously impacted by those sorts of excessive amounts of emissions and and i think how could that be possible i mean weve known about the science for so many years and we have more than ever before but the same time theres more the border walls than ever before to you like its like this emphasis like this is kind of Adaptation Plan right for the richer countries. When does he the ramos arrived in arizona 80 years ago there was no Reception Center for migrants. But he still waiting for a permanent residence permit. To go see him the always feel like a guatemalan. I dont feel american because thats whe
The Global Climate is changing faster than expected and the effects are already plain to see too much water from storms and flooding is driving people from their homes. Elsewhere too little water is robbing people of their livelihoods over this could produce the largest wave of migration in Human History up to a 1000000000 people may be displaced by Climate Change in this century initially most will be poor people in the global south even as the wealthy north seals its borders. Its true that we humans are causing Climate Change says its real and it exists even tonight on line to. Sounds. And i can see and feel the effects of it in their surroundings now they can feel the effects of Climate Change. In the philippines the future has already arrived tropical storms flooding and heavy rains are striking at ever shorter intervals and growing in intensity. Changes the worst creation to be produced aspin shes. Schumanns of creates a Climate Change. Now i made gains. And more and more people a
Multiple seeking challenges in the rise of yonperforming loans, so m second question is on banks. The general counsel discuss the onond containment measures european banks . Thank you. Thank you very much for your question. Tltro is a longterm refinancing scheme that is really intended help the financing of the economy because banks are offered very attractive terms in order and provided that the lind to the economy. It is not that they lend to the economy. It is not that it was a very generous package of refinancing without any conditionalities. The banks are going to only be eligible to the very attractive rate of 100 basis points provided that they lend at least as much as they did to the economy. So that is number one. It is an encouragement to finance the economy. And all sectors of the economy, not just large corporate accounts. It is focused on small and mediumsized enterprises. Through the enlargement of collateral pools, we make sure it can reached the small osborne orders and
Military operations theres been a lot of this kind of transfers from zones abroad to here. Now the United States has a new conflict zone on its own doorstep its a crisis that the u. S. And other industrial nations have helped to create. There 700. 00 times more Carbon Emissions from the United States since 900. 00 than. El salvador and honduras combined 700 times more yet this is like this the this is a country thats thats thats fortifying of the borders from people who are obviously impacted by those sorts of excessive amounts of emissions and and i think how could that be possible with i mean weve known about the science for so many years and we had more than ever before but the same time theres more border walls than ever before to you like its like this emphasis like this is kind of Adaptation Plan right for the richer countries. The people. Who. Went down to the ramos arrived in arizona 80 years ago there was no Reception Center for migrants. He still waiting for a permanent resid
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