Trumps positive test media pundits are all ready to take it easy on the president who remains in hospital so far today the story of russias far east a probe is launched into toxic chemicals killing marine life as environmental groups one of her potential pollution catastrophe. Russia my name is kevin 0 in order to center in moscow start a brand new week so thanks for choosing us for your update this monday 1st then her smoldering conflict between armenia and azerbaijan which reignited over a week ago shows no signs of relenting as fighting continues in the region of the back the conflict between the 2 nations in the area has roots stretching back over 3 decades the region is controlled by Ethnic Armenians but is internationally recognized as part of azerbaijan theres been almost continuous shelling encourage box capital here is some of the latest pictures from. A still a teaser now spreading beyond the disputed territory with several towns in is being hit according to the is there a go
Back and devastation which will take many years to recover. 70 percent of the state of the year has already been developed the forested for lucrative timber then burned to create land for cattle rearing and sawyer production the rest is up for grabs and no one it seems is stopping them at the moment if you burn the forest you are backed up by a president and then you do exactly as you want to do because you know nothing will happen and thats a problem and we have seen statistically when this Law Enforcement fires in deforestation goes down when we dont have it it goes up. The thought has a still burning but will boast not bend on the bay heat of International Pressure or bow to the ambition of some of the strongest supporters that their aljazeera grown donya state north west of brazil pay in the news ahead President Donald Trump downplays north korea koreas latest Missile Launch its 7th in a month and indonesias Coffee Growers are in trouble theres been a bumper crop but not a bump a p
Repayments i dont think that is as much an issue as we thought weve sort of gone away from our debt and deficit fetish in a stride because its been saying its more political scare campaign than anything of you know grounded in an economic theory. Does debt matter i mean i guess it does for argentina still under its i. M. F. Program what is the state of argentinas economy right now. Well i was i was listening you know to the to the other answers and thinking well if you print money for long enough then you push it into so many electoral cycles then it becomes a structural problem so youre talking about you know that a Monetary Policy no matter what stage you are within a government so i mean of course that matters to argentina and the key question right now is whether the next administration whoever it may be you know will be able to repay dead or needs to restructure the payments schedule with the i. M. F. You know its unrealistic for argentina to face its that payments in 20202021 so
Choice frankly when they started printing money it was an unprecedented policy approach but they felt they were facing unprecedented times jim should we be worried about debt the new thinking it seems among more than Monetary Policy advocates is the debt no longer matters who are strongly we had our debt and deficit. Before the election now the elections over its sort of gone on why are very low in any case i think. Provided youve got. An export process as i cry in the in the last issue the last question where we talked about brazil and china both a strong brazil we have. Help with strong Commodity Prices so you know stride is had a morning boom with exports to china or brazil which had a dawning boom would saw your bones and so on so i think if youre a situation where your commodity. I mean you can make your interest free payments i dont think that is as much an issue as we thought weve sort of gone away from a debt and deficit fetish in a strike because its been saying its more polit
Seeing as its august when most of the Financial Markets go away for a vacation and we thought that it would be the ideal time to take stock and what a year its been for the independence of Central Banks governors have been threatened resigned or been fired by populist leaders the Global Economy is slowing thanks to the own going trade war between the United States and china the International Monetary fund cut its Global Growth outlook saying that missteps on trade and briggs it could hurt any recovery the World Economy will expand by 3. 2 percent this year the fund said that growth rates would be the weakest since 2009 but the funds growth predictions are far more optimistic than those of some independent analysts and sanctions and the threat of sanctions have ratcheted up the tensions in this part of the world the middle east the own going breaks it saga selections that could change both the political and economic landscape and not. Ceasar really for the best so weve got a lot to get