Around Farming Development 1st is destruction of mexicos fast rain forests and sport now skara launches an investigation after a noose was found in the garage style of driver bubble wallace meanwhile the Confederate Flag was flying above the track in alabama with the words d. Final now scar after it was banned from all racing bangit. So then the world has recorded its worst day yet for new cases the coronavirus more than 183000. 00 infections were reported on sunday that takes the total close to 9000000. 00 and its rising at an alarming rate in the country where the president dismissed it as just a little flu deaths in brazil not exceed 50000 likes here brian. Brazils deep divisions playing out on the streets of its major cities with some marching in support of president jaya balls and arrows. And opponents determined he should step down. But the moca fear we are here in defense of democracy and asking for sonora to leave this president who asserts the peoples power and is committing a
Oppression of muslims. The bank of england is expecting to boost bond buying today as investors watch for hands on yield curve control. Boris johnson and Emmanuel Macron meet in london. Welcome to daybreak europe. Caution coming back into the markets today. Perhaps signals that u. S. China tensions could come to the forefront again. Signaling a reserve ratio cut. Perhaps even on the weekend. Hearing from the governor throughout the is in session, saying that chinas Monetary Policy is still in a normal range. Economic fundamentals are sound. Those comments have given a lift to chinese equities in the asian session. You will see a bit of a retreat. Some weakness in u. S. And european futures. A lot of that seems to be down to second wave concerns dominating among other things. Jpmorgan sounding a warning on market correlation at 20 years highs. You are seeing the 10 year yield to drop as well. Yen strength in g10, aussie the surge the Unemployment Rate in australia. Oil dropping on u. S.
Every other participant on the fomc at least once per cycle. I think this arrangement i reserve banks around the country and seven governors guarantees that we will have a diverse view of perspectives around the table. The reserve Bank President s are chosen by their boards of directors who are largely privatesector people but with the approval of the board. I think this system guarantees a diversity of opinions. There is that risk of groupthink. If everyone went to the same schools, took the same professors we dont have that. We have people coming in every eight weeks with a different views, and i would not have it any other way. I spent a lot of years in the investment business. What you really want before you make an investment is to have the smartest person in the room try to explain why this is a bad idea. Not after you make the investment, but before. I place huge value on that. I have terrific colleagues on the fomc and i really do welcome all of that. It is a lot of consulting,
About these things i dont believe the Intelligence Services and i dont believe north korea ok but i do believe in bluff. But do you think theyre going to sort of in washington before the break. I completely agree with you on that point. He is deterrent is not completely in place but he seems to be sufficiently adequately confident and comfortable in this regard and there is some element of bluffing because we do need to know that he does need some additional testing to to refine that if the parent but that he hasnt played sufficient for him to book deter the u. S. For him and him for him to feel confident to reengage in a diplomatic process i think he has actually been waiting to see where the trumpet ministration was going when trump was president elect he saw trump to be going more in a hawkish and oppression maximum pressure direction he felt he needed to have the deterrent. Hes got that deterred hes now willing to open conversations and so i think theres something fairly pragmatic
On the for. Now a german childrens t. V. Channel is under fire at the moment for showing a documentary about the relationship between a syrian man and his german girlfriend amid claims that fail to challenge the repression of women is a clip. Stuff i cannot wear short things always long things which i cannot accept my wife looking like this is very difficult for me and for arab men in general i do not like other guys talking to my girlfriend she belongs to me i belong to her those are my rules. Of those doesnt mean we cant eat pork this is forbidden. Thats just an call its whats written in the quran its not ok to eat it work is not normal and so i asked do i really have to eat pork to this will have to live together i stopped eating it but what concerned parent who describes herself as a qualified psychologist has written an open letter calling the program an attack on the emancipation of women in criticizing the channel for showing repression in a positive light to young people we got