Make it available industries and gas power plants that are switching to a. Stored energy. Coordinated tim who says its important to implement Green Hydrogen quickly that way the existing natural gas Pipeline System can be used for distribution allowing the hydrogen to be transported to every corner of the country. Green hydrogen will be dispensable in many sectors which is why it should have been invested in years ago. But its only now that the course has been set the 1st Green Hydrogen plants in ms land should be up and running next year. Well one good thing about this pandemic for the planet has been the fact that most of us have been locked up at home denied any real sort of travel no exotic holidays no beach time for me ive been locked up here in the studio an economic catastrophe because one in 10 jobs around the world are into risen and officials reckon the sick the wont pick up properly again until 2023 and what they could do in the meantime is trying to clean up the business ch
On the day could be the reemerging trade war between the u. S. And china, china saying it will slaps sanctions on defense contractors. On this we have greens and other commodities lower, along with stocks. The chip index is a poster boy for the u. S. China trade war that is underperforming, down 2. 5 . That is another nuance developing, as if we needed more. Guy talk to us about david talk to us about the bonds. Last week we were talking about the reflation trade. We saw the 10 year goa above 85 basis points. Now i see it below 80. What happened to that trade . Abigail that is the bid for bonds. That tells you some traders are nervous. They are hedging around not just today but last week. That is why we had bond selloff last week. The yield curve steepen spirit we had stocks down. The nasdaq 100 down for the first time in five weeks. Todays trading action is a continuation of what we did have last week, and it is interesting. Another piece you and i were talking about last friday was t
Been grappling with global interconnectedness for as long as weve been a species this book starts from our ancient past indeed our 1st migrations out of africa as modern human beings and takes us through how technological advances in agriculture in writing with alphabets in ocean navigation with the steam engine and now in our time with the digital age have reshaped this interconnectedness its quite a story of course it is the the history of humanity because we are globally interconnected in fundamental ways whether we have nationalism or not we cant help but having this interconnectedness of course a days before this book was being finalised came the pandemic a so i you quickly scrambled with a preface at the beginning to say well this is quite horrific its not the 1st time pandemics themselves have reshaped our lives as well they are also emblematic of globalisation you know we have government advisers on this show sometimes quite a quite a few but we dont have people who advised mor
A preface at the beginning to say well this is quite horrific its not the 1st time pandemics themselves have reshaped our lives as well they are also emblematic of globalization you know we have government advisers on this show sometimes quite a quite a few but we dont have people who advised more than 140 countries around the world to learn u. N. Secretary general is the big question about the pandemic of course is what is your advice to rich and poor countries grappling with a recession a depression maybe the worst in centuries my advice always which politicians dont like turn is for us to understand the situation and look around at whos doing well because in this pandemic there are a few countries that have got good under control chinas one of them. A korea to a large extent Australia New Zealand vietnam among poor countries lot b. T. R. Cambodia really amazing quite poor countries have beaten this virus down and then the United States out of control brazil out of control and so if
Afshin rattansi were going underground or whats supposed to be week 2 of julie the songes london trial from the country with one of the highest coronavirus death rates on earth coming up in the show with nato nations panicking over a Global Economic catastrophe amidst a pandemic and Climate Crisis where the Global Economy ever recover after millions of lost their jobs since the start of the 1st covidien used lockdown could coronavirus mean the end of capitalism and globalization as we know it and are our politicians really fit for purpose joining me now from new york city is the author of the ages of globalization Geography Technology and institutions and director of the Sustainable Development Solution Network professor Jeffrey Sachs of the center for Sustainable Development at Columbia University thank you so much jeffrey for coming on before i even get to the book in the past few days theres been a story that will go and did on arguably 13000 refugees on the island of les was in gre