Driving the german capital to consider and on point that all solution to. This is the w. Business im joined now on in berlin welcome thousands of delegates from around the world are in the german city of bonn racing to resolve outstanding issues in implementing the Paris Climate Accord nearly 200 countries signed the agreement back in 2015 committing to limit the centurys global average temperature increase so no road to no more than 2 degrees celsius above preindustrial levels will have more on the issues in just a moment but 1st heres a look at how countries compare in terms of c o 2 emissions what 28 percent of global emissions china is the biggest offender the United States at 16 per cent comes in at number 2 germany with just over 2 percent comes in 6th place. But its a very different story when you look at per capita emissions and that measure its qatar that comes out way on top the average person there emits over 30 tons of c o 2 each year thats twice as much as the average pers
A free trade regime so it could retain the status of an International Banking center so on call became an important gateway to china for western multinationals but following the recent unrest over the extradition Law International corporations with offices in hong kong fear that china is going back on the 184. 00 agreement and that rule of law one of the cornerstones of any market economy will be eroded. To discuss that i have with me in the studio resident china expert clifford conan and from singapore we are joined by andreea haying our. Financial correspondent where we start with you. What are you hearing there are bankers really clearing their desks and packing their bags. Well the picture is showing signs of cracking although their banks are not pegged just yet so in this is moving their money out of Auto Hong Kong you know is going to be giving banks something to worry about because its home to it one trillion dollar Wealth Management industry now as a 2018 hole call is home to m
A free trade regime so it could retain the status of an International Banking center so on call it became an important gateway to china for western multinationals but following the recent unrest over the extradition Law International corporations with offices in hong kong fear that chinas going back on the 184. 00 agreement and that rule of law one of the cornerstones of any market economy will be eroded. To discuss that i have with me in the studio our resident china expert Clifford Conan and from singapore we are joined by andreea haying our. Financial correspondent where we start with you. What are you hearing there are bankers really clearing their desks and packing their bags. Well the picture is showing signs of cracking although their banks are not pegged just yet investors moving their money out of Auto Hong Kong you know is going to be giving banks something to worry about because its home to it one trillion dollar Wealth Management industry now as a 2018 hole call is home to
A free trade regime so it could retain the status of International Banking center so on call became an important gateway to china for western multinationals but following the recent unrest over the extradition Law International corporations with offices in hong kong fear that chinas going back on the 184. 00 agreement and that rule of law one of the cornerstones of any market economy will be eroded. To discuss that with me in the studio resident china expert Clifford Conan and from singapore were joined by and hitting our. Financial correspondent andrea was start with you. What are you hearing there are bankers really clearing their desks and packing their bags. Well the picture is showing signs of cracking although there based on not peg just yet. This is moving their money out of Auto Hong Kong you know is going to be giving banks something to worry about because its home to it 1. 00 trillion dollar Wealth Management industry now as a 2018 hole call is home to many billionaires is th
Housing affairs will come to order. Thanks to the new deal and the hard work of our regulators today, most Bank Failures of course never a good thing or generally not a big deal but the quick collapses of Silicon Valley bank and Signature Bank were no ordinary failures. In less than a day, Silicon Valley Bank Customers pulled 42 billion dollars out of the bank fueled by Venture Capitalists and their social media accounts. They created the largest and fastest bank run in history in the following days Signature Bank lost 17 billion dollars. Regulators both republicans and democrats came to gather to prevent the panic from spreading. They increase liquidity, they promoted confidence in our Banking System, they protected deposits of customers and Small Businesses not notably the investors the investments of executives and shareholders. I spent that weekend on the phone with ohio Small Businesses and banks and credit unions. While Small Business owners simply wanted to make payroll. They di