A child since he started. The government so i dont think so i think hes acting really. South really selfish ways over 70000 fires are currently destroying the Worlds Largest tropical rain forest. The number is up 80 percent compared to 2018 people here environmental groups among others are blaming jade was on i dont for the amazons plight thing. No girls and farmers to clear the land the International Pressure is forcing the government to think its tragic that hes now announcing extraordinary measures in order to fight the fires affecting the amazon rain forest images of the rain forest dying have triggered a global outcry the European Union has expressed concern over the situation in brazil friends has threatened to pull out of the recently signed Free Trade Agreement with the merkel through trade but includes brazil that the best tools that we have is you marcus or agreement which for the 1st time uncursed brazil into the Paris Agreement and its actually the 1st trade agreement which
Higher carrots and tougher sanctions now while it seems that the risk of a full blown currency wars are now at diminished both economies have been ravaged by the ongoing trade war so after all the dust settles who is in better shape now lets take a look at this this shows the 4 major Central Banks the e. C. B. The bank of japan the peoples bank of china and the fed over in red and their total assets so what do you notice here this is a really interesting trend right now because all of the worlds Central Banks are kind of converging together and coming together at a very similar valuation up here but then theres the one the fed thats actually breaking the trend here everyone else has come to an equal stance at about 5. 2 trillion in assets but the fed has been on autopilot to reduce its Balance Sheet the reverse of everybody else they did so through a series of quantitative tightening starting at the end of 2017 but now this has resulted in a liquidity drain that is tightening the u. S.
Us on is there a start another day another Missile Launch by the North Koreans what are they trying to do here. Well we should always remember that when north korea carries out. Theyre always overdetermined they have more than one cause so well hear certainly that theres messaging involved with a possible a coming restart of negotiations with the u. S. Over the nuclear ization i would also argue that theyre simply testing the deployment in the fielding of no operational capabilities were not sure what it is yet could be the case 23 could be a c. M. S. Systems could be Something Else we dont know yet well find that out later but theres also of course internal messaging as well this is a way for kim jong un to send a message to his military that even though diplomacy may be ongoing commitment also still values his military and their capabilities right and its interesting timing because it comes a day off to south korea decided to actually end this intelligence sharing pact with japan bec
Very different approaches of the u. S. And europe towards iran however there is a new face at this years g. 7 u. K. Prime minister Boris Johnson some are speculating with breaks it looming he may want to consider taking a tougher position on iran in order to win favor with trump if forced johnsons Fertile Ground for a new deal it really is true and if what hes been doing in berlin and paris has really been a ruse of sorts then youre going to see the u. K. Pivot towards the u. S. Theyre going to see you case agree more of the u. S. Than is european neighbors and theyre going to start seeing a much more aggressive. Level of posturing from Boris Johnson who will be in the company of trump and he will almost be egging him on to start behaving in a way thats more u. S. Friendly than you friendly iran is just one of an increasing number of global issues whether 7 leaders are likely to have very difficult discussions the french president has already taken the unprecedented step of deciding no
Where the currency manipulator label while it is in part symbolic it can actually open doors for very real consequences by doesnt it country as a currency manipulator it opens the doors for trump to set more formal punishment higher carrots and tougher sanctions now while it seems that the risk of a full blown currency wars are now at diminished both economies have been ravaged by the ongoing trade war so i after all the dust settles who is in better shape now lets take a look at this this shows the 4 major Central Banks the e. C. B. The bank of japan the peoples bank of china and the fed over in red and their total assets so what do you notice here this is a really interesting trend right now because all of the worlds Central Banks are kind of converging together and coming together at a very similar valuation up here but then theres the one the fed thats actually breaking the trend here everyone else has come to equal stands at about 5. 2 trillion in assets but the fed has been on au