Scarce commodity think about what is the ultimate scarce commodity. The most scarce commodity of all time and that isnt the headline here ikea becomes 1st retailer to let customers pay using time ikea is now letting customers pay for goods with their time yes thats right the more time customers spend travelling to ikea the more they can buy because beginning from this month ikea dubai is running a campaign that will allow customers to spend their time as a currency simply by showing ikea checkout staff their google maps timeline which proves how much time they spent travelling to ikea stores now this is fascinating on a number of Different Levels 1st of all ikea is recognizing that time has value time has value in traditional Financial Markets time also has values and its expressed in an Interest Rate a 2 year bond 5 year bond 10 year bond would yield greater interest because it is good for a greater amount of time and time has value so its remarkable that we live in an era in the 21st
People who are organizing it think that well you can just print all the money you need you need a program print more money theres socialism for banks on wall street as was pointed out recently one of the big president ial debates you know bank gets in trouble just print more money well whats the ultimate scarce commodity what is the ultimate scarce commodity think about what is the ultimate scarce commodity. The most scarce commodity of all time and that isnt the headline here ikea becomes 1st retailer to let customers pay using time ikea is now letting customers pay for goods with their time yes thats right the more time customers spend travelling to ikea the more they can buy because beginning from this month ikea dubai is running a campaign that will allow customers to spend their time as a currency simply by showing ikea checkout staff their google maps timeline which proves how much time they spent travelling to ikea stores now this is fascinating on a number of Different Levels 1
Rba on october and december. We have that bad aussie jobs number yesterday. Rishaad if you look at the headline numbers. Lets have a look at the markets. This is what we see now. The Central Bank Governor david the Central Bank Governor, just wanted to mention that. Rishaad of course. You have to talk about the philippine fed governor. David why not . Let the filipino do it. He will be coming up in eight minutes from now. He might bookmark it. Rishaad profiling, thats what it is. [laughter] rishaad lets move and have a look at the markets. Hang seng up to positive. Just below the gain line. Zhang line, signing up to the upside. Feeling that we may see Interest Rate hikes coming cuts, should i say, coming in october november. This is the position for the nikkei to 25. Up 5. 5 . Look at the topics. Doing rather well. Five straight weeks of gains for the broader market. Lets have a look at the constituent movers and take a look at these different Asset Classes and how they are behaving. W
A big bringing in 500000000000. 00 annually to keep its Global Leadership b. M. W. Dima and v. W. Will spend 45000000000. 00 on electric Vehicle Technology over the next 3 years for its part says its last fossil fuel based car will be released in 2026 but environmentalists say thats too little too late they want all manufacturers to phase out polluting engines by 2028 so how realistic is this now to serious Dominic Casey has been to a car plant in eastern germany to find out. This is the production line of the folks going to plant in sickle whether robotic and human workforce combine to assemble more than 300000. 00 vehicles every year the decades virtually all the peoples cars produced here have been powered by petrol engines but not for much longer now electric is the buzzword but we are convinced that not just german drivers but also european ones are ready for this and we are ready to roll out these cars to the whole world why because an electric car is not a compromise they have e
A curious public. Call us franks a superstar in the field of cosmology he believes in building bridges between science and society being selected to see where there our society is one of the greatest honors scientists can have because you give them the opportunity to communicate their results of their research to the public at large is not the point making the great discovery everything science if only you and your friends know about it. This year 250 scientists are showcasing Cutting Edge Research including plans to build a new generation of skyscrapers from wood these are the towers of tomorrow made from gluing lerer polarised timber together. Every time the word old 1. 00 tons of Carbon Dioxide in a. Building cities out of wooden buildings is a way to store that carbon for a long long time and if you wondering the wood specially treated it configured to make you fireproof. As science advances a growing number of people fear losing their autonomy to Technology Driverless cars a recen