This years protests but what does that number truly represent well break it down plus. It will be british its not stupid but we must get rid of. The british pound is falling thank you piers im a hard turn sports practice ill be going into detail about how Prime Minister forced on someone to guarantee practice happening to. The oil based groups these are up prices are down so what is the forecast look like for 20 twentieths and for that giant saudi aramco i. P. O. Moving forward well break it down so much to get through today so lets get started. And we begin here with reports that the hong kong protests have resulted in over 5000000000. 00 pulled out of hong kong by investors since april the report from the bank of england shows the protests across hong kong have highlighted Political Risk as a key vulnerability in hong kong and the political tensions in that city continue to pose risks. Quote given hong kongs position as a major Financial Center and quote certainly not a huge amount o
Kind of signal to some issues in terms of political unrest as it does because hong kong has actually entered a core of technical recession and because of this g. D. P. Actually shrunk by of almost 3 percent and the government country contribute 2 percent of that to the unrest and turmoil and this is going to be a major thing going into 2020 and whether or not these unrest whether hong kong can or cannot recover and become the Financial Capital financial safe haven that it once was and as you point out this is a 5000000000. 00 isnt really a lie and a lot of that is due to ali baba because of the i. P. O. Just last month that actually gave a lot of credibility and a lot of confidence has resurged in hong kong and the u. S. And other western powers continue to show support for hong kong does that kind of ease some of the tensions for investors who are keeping money in hong kong i think it does but then because of the uncertainty that we see right now there are actually a lot more inflows
To pose risks quote given hong kongs position as a major Financial Center and quote certainly not a huge amount of investment by any means in fact when you look at hong kongs Monetary System that 5000000000. 00 is equivalent to 1. 25 percent of the Gross Domestic Product meanwhile dollar deposits in hong kong total almost 900000000000 and the increase between september and october according to the Hong Kong Monetary authority is a kristie lets break this down here because obviously in reality the numbers of investment kind of flowing out of hong kong is not really that high again 5 percent is a teeny tiny considering how massive investment is in hong kong and what this does kind of signal to some issues in terms of political unrest as it does because hong kong has actually entered at their core of technical recession and because of this g. D. P. Actually shrunk by of almost 3 percent and the government country contribute 2 percent of that to the unrest and this is going to be a may. Su
Email address we can alert you to what is going on at the bookstore. We do 60 events each month. Visit us at all of our stores, our center, we have one in sunny land seem to be opening coconut grove. Were happy to have doctor Vanessa Newman and blood profits. To introduce our author we have her friend and colleague, mr. Russ down. [applause] thank you. Its a pleasure to be here. One of the reasons vanessa asked me to do this was because we are partners in her Consulting Company which does phenomenal consulting. This book is an example and result of that. Also, ramon is a likeminded individual was exiled down this country is a former mayor who is chased a through the threat of jail. Im not venezuelan, although i ran the Daily Journal newspaper for many years in venezuela. About that from vanessas grandfather was a leading industrialist who came to the country and help bill venezuelan and put people to work and give it hope. These two people are venezuela next sales and will eventually h
Beginning everybody. Welcome to books and books. The cultural heart of south florida. Tu first and foremost have get you to silence your cell phones we dont have any eruptions that would be great. Also dont forget to go to our webpage. You can give us your email address. We do it £. 60 every month. You can pick up our calendar events on the counter when youre buying yours book this evening. Dont forget to visit us at all of our stores. Keep an eye out for that. We are happy to have with us this evening Vanessa Neumann and blood profits. To introduce our author we have a good friend and colleague please welcome russell. [applause] thank you very much. Its a pleasure to be here and one of the reasons that the nasa asked me to do this was number one because we are partners in a Consulting Company which does phenomenal consulting and this book is just an example and result of that which she will tell you about. But also ramon is a likeminded individual u. S. Exiled now in this country as