A weaker you one was expected at some point in the past the u. S. Has been hesitating with the currency manipulator label over concern that it could trigger a trade war but were already in one so the consequences are low and the negotiations with the International Monetary fund could take up to a year and some feel that the i. M. F. Wont act against china despite the u. S. Accusation of manipulation when he starts mentioning the i. M. F. The question is what could he do there the i. M. F. Is a consentual organisation theyre not going to take sides in fact 2 weeks ago they already issued their own statement about chinas currency and they said that it is and why with International Standards despite the arguments the us says its still planning for a visit from a chinese trade delegation in september. Now a better place to talk about all things currency then patel is joining us now effects and global macro strategist at i care a good to have you with us so lets just deal with the very basi
A weaker you one was expected at some point in the past the u. S. Has been hesitating with the currency manipulator label or a concern that it could trigger a trade war but were already in one so the consequences are low and the negotiations with the International Monetary fund could take up to a year and some feel that the i. M. F. Wont act against china despite the u. S. Accusation of manipulation when he started mentioning the i. M. F. The question is what could he do there the i. M. F. Is a consentual organisation theyre not going to take sides in fact 2 weeks ago they already issued their own statement about chinas currency and they said that it is and why with International Standards despite the arguments the us says its still planning for a visit from a chinese trade delegation in september. Now a better place to talk about all things currency then patel is joining us now effects in global macro strategist at i care a good to have you with us so lets just deal with the very basi
Piracy issue would take place we will have. Notification well in advance so yes so we should not ever be in that position. On board it is a mix of civilian and military crews you have doctors medics but also engineers to help the navys in the region to maintain their aging fleet so that they can tackle piracy. While the white house may have announced in the past that its planning to reduce troop levels in africa this year the navy organize its biggest naval exercise operation. It seems the u. S. Is keeping a close watch over african waters for gunless defense minister its a matter of National Interests and our troops most likely to see them closely depends on the most come from this is a lot of. Want to be dependent on revenues taxes coming from the sea and not just on International Troops and so we like to make sure that you see how the end of the day we probably are among the couple of giving show that you see at stake is this because 80 percent of the worlds trade happens on the wat
Footprint. The most valuable commodity in the world well for the past 100 years the answer to that question would have been oil or maybe increasingly water but with the likes of amazon googles Parent Company alphabet and facebook becoming the worlds most valuable listed Companies Big data is now king the rise has been rapidly even regulated scrambling to keep up with the changing environment and now one of those protecting us wants to write another chapter at facebook hoping to introduce a Digital Currency called leap or perhaps not surprising in the age of bitcoin but given facebook has abused the days or it has on billions of people and its failed to curtail the spread of online hate and generally has become a byword for distrust well many in policy circles are opposing the new crypto currency because its also a threat to National Economies a facebook currency used by its 2000000000 users could effectively create a new world currency a rival for the dollar maybe a yen or the euro and
A global slowdown in auto sales weve already seen it start to happen in europe. And we are expecting a slowdown in north america as well between 20182025. People living on the slopes of indonesias most active volcano they used to thank jeff 275 people were killed when mount merapi erupted 9 years ago since then survivors have returned to their villages and farms but some have reinvented careers by bringing in thrill seeking terrorists arent snowy reports on this now from mount merapi. When the weekend arrives so do the tourists hundreds of them by the bus and then the pollen to off road trucks and head off bumping along dusty trails both Close Encounter with indonesias most active volcano. The alert level for mount merapi is now low its 9 years since the last major eruption. Turrets allowed to go into the danger zone as close as 4 kilometers from the crater. Monteux used to be a cattle farmer but turned to off road driving after his neighbor persuaded him to give it a go but. We never