That would be a game changer. Bitcoins market cap is currently only 3. 1 the size of gold. As bitcoin and gold struggle between the risk off, is gone, copper is not hitting a sevenyear high. It looks a lot like that spike we see in early 2000 at the beginning of that chart, that is when china started commodities super cycles. Maybe there is some more longterm fundamental support from china. Lets get into the ring with todays top story. Opecplus agreeing to increase output starting in january, with monthly reviews to cf if more oil should be added. Alex longley joins us from london. What are the rules for the subsequent production hike . Alex there has been a fraud week of debate within opec. We have had the opecplus meeting. What we are hearing as they have agreed to hike production by 500,000 barrels a day in january, and will then have monthly reviews what they were at another 500 barrels a day to the market. That is doing the same, weve got a Strong Oil Market at the moment. But the
Tehran is vowing swift revenge and accusing israel of trying to create chaos, looting and violence in france, after tens of thousands protest against police brutality. What the failure to satellites about the poles could hamper what we know about Climate Change them through their sports boxes. Mike tyson and roy jones jr, weigh in for the heavyweight exhibition fight in los angeles. So we begin with breaking news for me. Theo pierre, where the Prime Minister says the military operation in the northern tier, a region is over. The army says it is in full control of the capital, which has been at the center of a weeks long conflict between the government and regional forces. The 2 great Peoples Liberation front says the Ethiopian Military used artillery and air strikes to capture the city. It is feared, thousands of people have been killed in the offensive. United nations is pushing ethiopia to allow access to, to great to provide much needed food and shelter. It worried about the 100000
Turns into demonstrations against Police Brutality and get in iran over the assassination of a top, new to sign test and a promise for revenge in due time and cover 1000. 00 infections and break more records in the u. S. Health experts warn that the west may be still yet to come here appears. Prime minister be off meds says the 3 week long military operation in the Northern Tier gray region is over. This, after the army announced its now gained full control of the regional capital mecca. But the leader of the Peoples Liberation front has vowed to keep fighting government forces. The tepee l. F. Says the Ethiopian Military used artillery and air strikes to capture the city. And thousands of people are believed to have been killed in that offensive. The United Nations is pushing for access into t. Gray to provide much needed food and shelter, and also appealing for a 150000000. 00 in aid. The conflict is already forced more than 40000. 00 people from ethiopia into neighboring state farm.
Of remote communities in latin america could face major challenges accessing coronavirus like scenes welcome to the program, ethiopias Prime Minister abu ahmed says the 3 week long military operation in the northern to grey region is over this, after the army announced it has gained full control of the regional capital mccarley. But the leader of the 2. Great Peoples Liberation front about to keep fighting. Government forces above all the reports now from the sudan, ethiopia border 2 days after the end of the deadline. If you piers government gave to do to group Peoples Liberation front to surrender, the federal Army Launched what it called its final phase of the fighting. These videos were handed out by the Ethiopian Government on saturday afternoon. Hours later it announce victory, and that its taken over the capital of the northern region, mecca our army after having prepared yesterday on how to control nicholas city without incurring Collateral Damage on the civilian population of
Gdp readings are expected to show an 18 rebound from the covid19 fallout. 15 asiapacific nations formally launched the biggest freetrade deal. The accord covers 2 billion people and is a decade in the making. Howi lets take a look at it is feeding through. Havent seen much of a reaction when it comes to the kiwi aussie dollar. We are seeing bond markets the little bit cautious. We are seeing 3 10 of 1 when it comes to trading in sydney. Thirdquarter gdp numbers showing a sharp rebound in japan. We are seeing nikkei futures trading mildly optimistically. That is the picture when it comes to u. S. Futures. Back to thiss get incredible trade deal. After eight years of difficult negotiations, the largest ever freetrade deal has finally been signed. The regional, comprehensive, Economic Partnership includes 15 countries with china, japan, on. Ralia and all of aussie how important is the timing of this considering the damage caused by covid19 . This will be, as trade ministers will say, a bi