Before sunset on tuesday highly explosive material stored at a warehouse at beirut port cause the blast sending shock waves across the city now in ruins. Almost every building has been damaged many are dead thousands are injured and hundreds are missing rescue workers worked through the night and into the morning as people and bodies were feared trapped underneath the rubble telling them what. My husband is an employee at the Electricity Company he survived but his colleagues didnt there only now moving their bodies from under the rubble this is a country already reeling from a dire economic crisis where 50 percent of the population live below the poverty line its people are not in a position to cope with this disaster. Of the. Material losses are sad but its nothing compared to those who lost their lives this is my taxi its my livelihood and im still paying for it. Everyone has a story of survival or tragedy the damage spread several kilometers many are blaming those in power for the
Printing and all the chaos and that caused the food Price Inflation and other sort of inflation that led to the arab spring today were seeing a continuation of that were seeing a paper spring as people reject even if they know it or not what theyre rejecting is this massive money printing were going to look at some of the headlines talking about what theyre rejecting what they are instinctively rejecting in this global insurrection against banks their occupation in this insurrection against paper printing and i have some of my paper here of course here heres 100 euros here is 100 euros q hey pocky have another hungry audience have sometimes you may be. Right. So why are card prevailing likelihood that the 1950000000 euros does not exist thats the headline from bloomberg they think perhaps well we looked at a bounce you perhaps there might not be any money there. Yes whats up lucky. Crap to very mean a close up my perch where through one find a stripe lucky bankruptcy is the new initial
Although probeijing officials have said we should not be too concerned, it will lead to stability in the city. 7 . Sci asia pacific down it is certainly something of a riskoff mood, following off what we saw toward the end of play on friday in the u. S. The nikkei is down more than 1 . In the mainland, you have a bit of pressure as well a despite industrial profits up 6 coming in over the weekend for the month of may. On to the next board. We will be looking at the currencies. A bit of dollar weakness. On friday it reached its highest level in four weeks, but it has since come off slightly, leading to a bit of strength for the offshore currency here in china. The korean won is up about plan to 01 . On to some of the commodities we are looking at. Wti has been under pressure as the demand story as we focus on the rate of infections, 10 million infections, 500,000 deaths, you can see that it is lower today. Gold, science that investors are preparing to cross through 1800. 0. 64 . Year yi
The arab spring and the last financial crisis back after 20082009 all the money printing and all the chaos and that caused the food Price Inflation and other sort of inflation that led to the arab spring today were seeing a continuation of that were seeing a paper spring as people reject even if they know it or not what theyre rejecting is this massive money printing were going to look at some of the headlines talking about what theyre rejecting what they are instinctively rejecting in this global insurrection against banks their occupation in this insurrection against paper printing and i have some of my paper here of course here theres 100 euros here is 100 euros who hey pocky have another hungry audience have sometimes you may be. Right. So why are card prevailing likelihood that the 1950000000 euros does not exist thats a headline from bloomberg they think perhaps well we looked at our Balance Sheet perhaps there might not be any money there. Thats yes whats up lucky. Crap to very
There are so many places you could be right now at least youve joined us this is r. T. Internet. Voting is under way in russia on amendments to the countrys constitution the package includes more than 100. 00 provisions some of which have been widely criticized they both online and early voting begins all leading up to next wednesdays general vote against the has been delving deeper. 7 days of voting and now underway across russia cross 97000 polling stations set up for this vote and you know Vladimir Putin he never misses an opportunity to remind everyone how the world is changing how quickly its changing and how important it is for russia to stay ahead of the curve these obviously these changes what the government of visions as paving the path for russia to stay ahead of that curve. Does tell you how important how much is at stake here the fact that theyre holding them now just as russia begins to emerge from the group of ours pandemic. Have been lifted across the country nevertheles