Cross the u. S. Welcome to the Program European leaders have sealed a deal on an unprecedented 750000000000 euro. Recovery fund after 4 days of heat to talks leaders finally agreed on the details of loans and grants to be given to countries hardest hit by the pandemic for the 1st time ever the aid will be financed by borrowing off the 750000000000 euros in question 390000000000 will be in the form of grants the remaining 360000000000 euros will be disbursed in the form of cheap loans. Its a compromise that satisfies the demands of fiscally conservative countries good morning everyone we did it europe is strong europe is united level for these were the words the delegates have been working towards a deal has been done and the wrangling can stop everyone can go home some kind of win or relief was visible on their faces despite the masks sharma Shire Council chief Frances Emanuel mccall and ursula funder Line Commission president plus standing tallest of the mole mark reiter from the neth
Down. 2 , nonfarm futures, claims better than expected. Next chart, dollar remains in story or theme around the dollar today, relative weakness against the g10 but not so much against emergingmarket currencies. That is what the dollar is doing right now. Weakness in offshore currency remains on the back of this broader news from the trump administration, down. 2 , that is your aussie dollar, risk off mood, down. 1 , and the boe is flat against the u. S. Dollar. Gold move to commodities, publicly above 2050 and out, further gains. Not as Much Movement in terms of stimulus conversations in washington. Barrel, up,42 a maybe on track for gains across the week. And that is your yield for the 1132 and 52. , tencents down on the back of this executive order. Just how much and how significant this move is by President Trump is of course the question, given wechat is largely used by the chineseamerican community. It is not clear how much revenue tencent derives from the u. S. Market, but this i
Is already the most consumed meat in the world and fueled by the Global Demand for inexpensive meat the industry continues to grow in the United States the waste produced by industrial pick farms is a major problem q the way as we dont open the doors in all the crew is pretty sure i will. China is the worlds biggest pool producer as chinese consumers become more affluent and demand continues to grow theres just not any end to french heres a mark on the planet if the chinese try to like americans what will happen so the amazon rain forest. To feed the pigs as cheaply as possible soil is being grown on a massive scale especially in brazil. We make the food that goes on the global populations table. So i cultivation is helping to drive the deforestation of the amazon and grown as a monoculture saw is impacting the whole world. Chinas population has now topped 1400000000 rising affluence has led to changes in peoples diets in the past rice vegetables and noodles dominated while meat was ra
Meanwhile Federal Reserve not even thinking about raising rates now. Fed chair jay powell saying the current economic down torn is the most severe in our lifetime. Warning containing covid is essential to protecting our health and the economy. Big tech in focus all reporting today, their earnings after the bell, ceos grilled on capitol hill yesterday about anticonservative bias, Business Practices, privacy and china. Highlights from the fiery hearing coming up. Markets this morning pointing to selloff at the start of trading. Take a look at futures indicating decline 216 points right out of the gate, s p lower by 28. Marks rallied yesterday following Federal Reserve decision. The market was up 160 points don oh dow. The nasdaq up 140 and s p up 40 points yesterday. Unrest in america with violence in major cities. And the nba tipping off today, players taking to court in bubble at disney world with empty stands, we will check it out. The ceo of fanduel is here on how the virus is impact
German slaughterhouses. Transport is known to be highly stressful for livestock why does the Meat Industry persist in ignoring the welfare of the animals and people it relies on. Meat it seems the world cant get enough of it from poultry to steaks to fast food over the past 60 years annual global meat production has shot up 5 fold to 373000000 tonnes. Argentina australia and the us on the big 3 when it comes to per capita meat consumption. The Meat Industry is profit driven and Animal Welfare is often low priority transport complete animals but in the e. U. Alone the industry transports 350000000. 00 mammals and around a 1000000000 poultry to albatross in the feedlots each year. There are e. U. Regulations governing animal transport but the Meat Industry continues to violate them. Across the world animals that are still alive put on tracks in ships to be traded from one country to another water or to be fattened before start or at their anticipation. That. Transporting these animals ca