million people are about to be tested because a handful of cases were found there but the chinese government is actively trying to cushion the blow from these policies on the economy. it s already announced an increase in fiscal spending and also tax cuts for smaller enterprises but as long as this pandemic wave keeps spreading, the outlook for the chinese economy will remain highly uncertain stop energy firm ineos says it wants to build a fracking test site to show the process can be performed safely. the company claimed extracting shale gas in the uk could make the country self sufficient in 10 years . the firm has written to the government asking to develop a site, with its boss sirjim ratcliffe saying such a move would reduce the cost of energy and ensure long term energy independence .
revolution get impacted. in the month of november you had permitting down 40%. short term gains are going to be immeasurable for the consumer. long term energy independence is going to be damaged by this. equally important, our allies will have severe problems with this. the country we fought for for ten years, iraq, will have a big problem funding itself. i would keep my eye on iran because iran is a major exporter that needs high prices and will this translate into greater flexibility at the negotiating table on the nuclear side? we don t know yet. there are no indications that that it s had that effect to date. as this pressure mounts, the iranians are going to have to respond. but i mean, the relationships that we have with the saudis, for example, all of this changes. this dove tails into foreign policy the fact that oil has plummeted so much. it s a huge inflation expectation. think how we get paid. i expect my core assets to