Panel and will be learning about the Global Commission of a global call for leadership. The urgency of Climate Change may feel more acute but the issue of Climate Change has been with us for decades. Esi stated in 1988 addressing Climate Change is a moral imperative. Many scientists m Public Policy experts have been working on the issue proposing solutions i hope what were actually seeing his momentum to act there is some evidence this is the case last week i testified before the Senate Energy committee that probably would not have been the case a few years ago in Speaker Pelosi and the House Select Committee is another example. As we know now that inaction on Climate Change makes it harder and harder to achieve. We have to act now to contribute to that momentum constantly reinforce it. So we can inform policymakers of the best and latest data and best practices to share Lessons Learned to help them understand the urgency to make meaningful progress to address Climate Change. All we ne
But early suggest results to gamble may not pay off. We are live in madrid. Haidi to gamble may not pay off. We are live in madrid. Haidi lets hear how the trading week has started with markets coming online. Sydney starting trading. Investors after a bad week of trading, looking for a new catalyst. So for the next step up with trade negotiations, not much has developed but it is a big event risk week when it comes to the asian data, not least of which , industrialles production. Domestic activity out of china with the deeper numbers out of china recently. Theey on the back foot as day begins, new zealand trading up 1. 25 . We are seeing when it comes to trading in the u. S. Session this week, mildly positive after the s p closed out friday at a fresh record high. You see japanese markets extending gains into a sixth straight week. Lets get you to first word news. Su we start with more fallout in the u. K. From the brexit drama. Has kept the sovereign Credit Rating to a negative outloo
Its just gotten under way. The issue of Climate Change has been with us for decades. Esi stated all the way back in 1988 that addressing Climate Change is imperative. And experts have been working on the issue and proposing solutions all the while. Instead of just more frequent storms, i hope what were seeing and feeling is momentum to act on these solutions. I think there is some evidence that this is the case. Last week i testified before the Senate Energy committee and the need to reduce Greenhouse Gas emissions was front and center. That probably would not have been the case a few years ago. Again, not something around a few years ago. At esi, we know and our panelists know that inaction on Climate Change is making the solutions we need to limit Global Warming harder and harder to achieve. We have to act now and we need to contribute to the momentum to act and reinforce it constantly reinforce it and this is where esi comes in, to inform policymakers and share Lessons Learned to he
No on the latest growth figures we just cited some of those for china on the Global Forecast 429000 the i. M. F. Forecast is now at 3 percent that would be the lowest level in that figure since 2008 and that highlights a necessity perhaps from market policymakers to strengthen domestic financial vulnerabilities pose risks to growth in the medium term what domestic vulnerabilities do you think policymakers at the i. M. F. Are steering national pauli make and policy makers toward addressing. Well you know theres no i dont put a lot of credence into the i. M. F. To begin with i mean going back to Christine Lagarde i mean they really dont have an understanding or who have even how the Business Model works so i really put very little into what they say and if you want to tell you that chinas numbers chinas numbers ive never been we can never prove it to shine numbers are accurate either so between the 2 of them i really dont even pay virtually no attention nor do markets as you can see that
Vulnerabilities do you think policymakers at the i. M. F. Are steering national pauli make the policymakers into the i. M. F. To begin with i mean going back to Christine Lagarde i mean they they really dont have an understanding or a clue of even how the Business Model works so i really put very little into what they say and you want to tell you that chinas numbers chinas numbers and ive never been we could never prove that the shine numbers are accurate either so between the 2 of whom i really dont even pay virtually no attention nor do markets as you can see that the market drop near record highs so theyre not listening to what they have has that either because again i lend them no credibility as far as i understand the actual structure and how these markets are working so now it should be obvious to any country thats already been developed that they cannot possibly sustain double digit growth so china in particular has had double digit growth for the past decade and now everybody e