This. Autumn 2016 millions of europeans are taking to the streets well learn it has refused to sign the Free Trade Agreement with canada triggering a crisis across europe. That. I am not and that the treaty negotiations brought to light a largely unknown Organization International arbitration type bugles that allow multinationals to sue states. Philip morris is trying to use i. S. T. s to stop couric away from implementing new tobacco regulations aimed at cutting domestic smoking rates of Orange Company sued egypt because egypt raise its minimum wage astonishingly these arbitration tribunals can oblige states to pay huge compensation 50000000000. 00 by all standards this is the largest award ever to token amount of damages claimed as about 5700000000. 00 if you didnt know its no surprise the trials are held behind closed doors everything takes place in utmost secrecy. Every tradition are secret i mean thats thats the purpose of an arbitration if you dont want to get cleared as is just
Toolbox, but there are no plans to use them. Since the decision, we did see the market pare back a little bit, pricing around negative rates. Bailey also saying the bank of england forecast has an unusually large downside skew. The reaction, the pound suggests the market took the boe forecast as pretty robust. 1. 3172. Dailey also says it is hard to draw a conclusion from the bank of vacant forecast and we must be careful not to over interpret faster indicators. Hes speaking in a briefing to journalists right now, saying the boe could use like forward guidance, negative rates of the toolbox. Tom it looks like it is moving the market with lower Interest Rates seen across the u. S. Sterling on a tear, 1. 31 69. Look for our conversation with the governor of the bank of england. Francine lacqua and the governor, 8 00 a. M. New york time, 1 00 p. M. In london. She has some very in pointed she has a very pointed questions from our economics team. From news in new york said he, ritika gupta.
Going on the ground social media editor foreign element joined in that the Virtual Press briefing on the National Security law in the Chinese Embassy in london he asked about the apparent mismatch in priorities when it came to the birth johnson governments bait of passports for 3000000 chinese citizens the British Government of course is looking to give sets and ship to millions of hong kong is to escape chinese rule of course hong kong being a former british colony so why do you think it is that the u. K. Is so willing to give citizenship to hong kong as but not other citizens of former u. K. Colonies such as maybe iraq which of course suffered an illegal war in 2003 i think some of the politicians. Still. Very strong colonial mindset. If they were to recognize that. Is no more i mean it is well known who. Has returned to china. Long since for the past 23 years so thats their problem so thats why they have its a passion they have this grown man site is still regard hong kong as and it
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A chat with you for the longest time about how these times of damn week and theres a lot of the best times to actually pick your mind and maybe find out what is it that youre going through the entire year is to yourself last companies go bankrupt one after another the Global Economy is more than 5 trillion dollars in the best Case Scenario some acid suggests are currently in the eye of the hurricane and the worst is yet to yet to pop do you think theyre right and how much worse can this get. Were obviously in a very deep crisis it is highly. Differentiated across the world and i think this is the most important point in the Asia Pacific Region yep and make is getting under control the policies have been smart and effective in stopping the spread of the virus in china japan korea. Australia new zealand taiwan hong kong vietnam malaysia and so on in western europe and in the United States the epidemic was not controlled effectively at all and in the us we have a complete mess because we