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Uploaded every Friday, Nikkei Asia News Roundup delivers a collection of articles from Nikkei's English language media, Nikkei Asia. ・A selection of news headlines ・A glimpse into a notable story for deeper understanding ・A discussion on a recent hot topic ・Today's discussion topic is: “More Chinese seek residency and education in Japan" ・You can read more at: https://asia.nikkei.com/
More Chinese are expected to travel overseas during the Golden Week holiday period running from 1 - 7 October. Will Malaysia be a beneficiary of improved consumer sentiment? We discuss the tourism trends and policy initiatives needed to boost the industry with Nigel Wong of the Malaysian Association of Tour and Travel Agents (MATTA).Image Credit: Shutterstock.com
ASX 200 closed up 74 points to 8202 (+0.9%) as resources took off again and banks stabilised. More Chinese stimulus announced. Modest losses in the big four with CBA down 0.4% and WBC off 0.7% with the Big Bank Basket at $235.04 (-0.3%). MQG ran 1.8% higher to a new record, Insurers better too, QBE up 0.5% and MPL up 1.7%. REITs also in demand with GMG up 0.5% and SCG rising 1.6%. Industrials were firm across the board, QAN took off another 2.1% with ALL 2.8% better. WES rose 1.5% as WOW and COL also rose today. Tech was strong with WTC up 2.8% and XRO a more modest 0.3%. The All-Tech Index up 2.0%. Resources once again found buyers, BHP, RIO and FMG all doing well after a slow start. FMG up 2.9% the best of the three. Lithium stocks making small headway, PLS up 1.4% and MIN flying again up 4.5%. Gold miners better too, EVN up 2.7% and NST rallying 0.6% with uranium stocks glowing red hot, PDN up 7.6% and BOE up 5.4%. LYC continued to impress running 1.7% higher. Oil and gas a sullen place today with WDS down 2.7% and STO off 2.3%. Coal stocks better again. In corporate news, PTM knocked back the RPL bid officially, SOL and BKW reported and saw an increase in dividend for SOL again. LLC got the nod from the ACCC, SGR revealed it had fallen to a $1.7bn loss. In economic news, job vacancies are falling as the RBA wishes. Asian markets firmed on fresh Chinese stimulus. Japan up 2.7%, HK up 3.1% and China up 2.5%. 10Y yields steady at 3.95%. Dow Futures up 145 points (+0.3%) and NASDAQ Futures up 241 points (+1.2%). Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence. Ready to invest in yourself? Join the Marcus Today community.
In April 2023, the Boten-Vientiane line in Laos welcomed its first passengers. This high-speed train, a symbol of Beijing's New Silk Road initiative, connects the Laotian capital Vientiane to southern China in just a few hours. A vital commercial artery, it has opened up Laos, the region's only landlocked country. But the $6 billion project has come at a cost for Vientiane, which borrowed the money from China. More Chinese-funded infrastructure projects are now underway in places like Boten, a border town in Laos and the terminus of the high-speed rail link – a Chinese enclave in Laotian territory. Our regional correspondents report.
Chinese holidays have injected impetus into the world economy, with the just-concluded May Day holiday bringing a strong burst of tourism growth to domestic as well as overseas destinations, travel experts said.They added that the holiday's prosperity marks the all-around recovery of the nation's tourism industry.The holiday brought good tidings from travel agencies, which said that long-distance tour products were hot sellers over the five-day holiday, which ended on Sunday. The holiday's good performance is also expected to promote the healthier, more sustainable development of the industry.More Chinese people chose to spend the break at overseas destinations. Travel portal Qunar said that countries and regions in and near Central Asia and in Europe were hot choices, with flight bookings to Saudi Arabia and Egypt seeing triple growth year-on-year on the platform. Flight sales heading to some European destinations, including the United Kingdom, Hungary, Ireland, Spain and Croatia, doubled at Qunar over the holiday.The recent currency declines of the Japanese yen made the nation one of the top choices for Chinese travelers, who went on sightseeing tours and shopping sprees, according to Qunar. Traditionally popular overseas destinations such as Thailand and Singapore were also overwhelmed by Chinese travelers during the holiday."The popularity and prosperity of overseas destinations with shorter travel times have exceeded our expectations. I think the main reasons lie in the adding of international flights, more friendly visa policies for Chinese people, and the longer duration of the holiday," said Qi Chunguang, vice-president of travel portal Tuniu.Domestic scenic spots also witnessed a travel boom. Shanghai, Beijing and the tropical coastal city of Sanya in the southern island province of Hainan were the top three choices on Tuniu, while some inland provinces with cultural heritage or special cuisines went viral as well, according to the platform.During her holiday trip to Datong in North China's Shanxi province, Wei Jiajia wore a mamianqun, a Chinese traditional skirt, while visiting the Yungang Grottoes, a UNESCO World Heritage site with a history of about 1,600 years.Wei said she gained a better understanding of the cultural relics by wearing the dress, and she felt like she was a messenger of traditional Chinese culture.Xiao Peng, a researcher at Qunar, said that Chinese travelers have shown more balanced consumption preferences this holiday, leaving no destinations "untapped or unheard of", and tourism services chains have stabilized and seen a good recovery."Our figures show that reception capacities of airlines, trains, hotels and rural homestays registered a big boost this holiday. The prosperity of the May Day holiday marks a full recovery of the tourism market, which will also bring a healthier and more sustainable development of the tourism industry," he said.
Gloria Steinem and Gloria Friedan have done their work. As the smoke clears and the dust settles, one cannot help but see the damage done on all of human society. But how does the Christian respond? Is it possible to overreact? How do we address the questions of women working outside of the home, or teaching women in the church? Kevin Swanson lays out a pattern for addressing these critical matters. #1. Define the antithesis and the damage done by the enemy. #2. State the biblical principle and call for implementation. #3. Urge every family and church to love God with all their minds to make the right applications. This program includes: 1. The World View in 5 Minutes with Adam McManus (Pastor Jack Graham affirms Biblical worldview, Arizona repeals near-total abortion ban, More Chinese illegals caught at border in 2 days than all of 2021) 2. Generations with Kevin Swanson
Gloria Steinem and Gloria Friedan have done their work.--As the smoke clears and the dust settles, one cannot help but see the damage done on all of human society.--But how does the Christian respond----Is it possible to overreact-- How do we address the questions of women working outside of the home, or teaching women in the church----Kevin Swanson lays out a pattern for addressing these critical matters. -1. Define the antithesis and the damage done by the enemy. -2. State the biblical principle and call for implementation.---3. Urge every family and church to love God with all their minds to make the right applications.--This program includes---1. The World View in 5 Minutes with Adam McManus -Pastor Jack Graham affirms Biblical worldview, Arizona repeals near-total abortion ban, More Chinese illegals caught at border in 2 days than all of 2021---2. Generations with Kevin Swanson
It's Monday, May 6th, A.D. 2024. This is The Worldview in 5 Minutes heard at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Adam McManus Nigerian Muslims murder pastor on way to church conference Armed Muslims shot and killed Reverend Manasseh Ibrahim on April 23 in Kaduna State, Nigeria as he traveled to a church conference, reports International Christian Concern. The reverend served under the Evangelical Church Winning All Kaduna Central District Church. Violence in Kaduna State, often directed toward Christians, has left thousands of believers in a state of fear. Yahaya Kinge, chairman of the local Christian Association of Nigeria, said, “Christians who are direct victims of banditry and insurgency in Kaduna state are fed up with the inability of the Nigerian government to find a lasting solution to the incessant killings of innocent Christians.” Terrorist organizations such as Boko Haram, the Islamic State West Africa Province, and Islamic Fulani militants have caused countless atrocities throughout northern Nigeria in the last decade, causing the deaths and kidnappings of thousands. According to Open Doors, Nigeria is the sixth most dangerous country worldwide in which to be a Christian. Revelation 6:9-10 says, “When [Jesus] opened the fifth seal, I saw under the altar the souls of those who had been slain because of the word of God and the testimony they had maintained. They called out in a loud voice, ‘How long, Sovereign Lord, holy and true, until You judge the inhabitants of the Earth and avenge our blood?'” More Chinese illegals caught at border in 2 days than all of 2021 More Chinese-based illegal immigrants were encountered at the U.S. southern border in just two days than in all of fiscal year 2021, reports WorldNetDaily.com. According to what a Customs and Border Protection source told Fox News' Bill Melugin, there were approximately 262 Chinese illegals caught by Border Patrol at the San Diego sector on May 1, as well as 223 on May 2. By contrast, only 323 Chinese nationals were apprehended by Border Patrol at the southern border throughout all of fiscal year 2021, according to Customs and Border Protection data. IRS about to roll out new audits The Internal Revenue Service says it is about to ramp up audits as it cracks down on tax cheats and seeks to deliver more revenue into the U.S. Treasury's coffers, reports Yahoo Finance. But not every group of taxpayers will face more scrutiny, according to IRS commissioner Danny Werfel. The IRS has been bolstered by $80 billion in new funding directed by the Inflation Reduction Act, which was signed into law in 2022 by President Joe Biden. The idea behind the new funding was to help revive an agency whose ranks have been depleted over the years, leading to customer service snarls, processing delays, and a falloff in audit rates. Arizona Democratic Gov. Katie Hobbs repeals state's near-total abortion ban Last Thursday, Arizona Democrat Governor Katie Hobbs signed into law a formal repeal of the state's near-total abortion ban, undoing one of the strongest preborn protections in the country with the help of a handful of Republicans, reports LifeSiteNews.com. Last month, the Arizona Supreme Court ruled 4-2 that the law, which dates back to before Arizona gained statehood in 1912 and was codified in 1913, was legally enforceable after the U.S. Supreme Court overturned Roe v. Wade. The Arizona Supreme Court rejected claims that Arizona's more recent 15-week abortion ban was intended to invalidate it. The decision meant that abortion was set to become illegal in the Grand Canyon State for any reason except when allegedly “necessary” to save the life of the mother. Direct abortion is always gravely immoral and never needed nor ethically justified to save a mother's life. Hobbs and Arizona's Democrat Attorney General Kris Mayes vowed not to enforce any of the state's abortion restrictions, while the ruling elicited national outrage from the abortion lobby as well as criticism from Republicans who feared it might impact their political popularity. The members of the GOP who downplayed the Arizona pro-life law including former President Donald Trump, U.S. Senate candidate Kari Lake, and Fox News primetime personality Sean Hannity. But Abby Johnson, who has had two previous abortions which she regrets and was featured in the movie “Unplanned,” said, “I'm a conservative Christian and millions like me across the country are frustrated with this.” She said it sounds like Trump “just doesn't want to ban abortion at all,” since he opposes both federal limits and state laws. Pastor Jack Graham affirms a Biblical worldview And finally, in an interview with The Christian Post, Pastor Jack Graham of Prestonwood Baptist Church in Plano, Texas, said a Biblical worldview is the foundation for the Christian. GRAHAM: “We talk a lot about Biblical worldview. At one point, we talked about liberal/conservative or conservative/progressive. But what we talk about is worldview. How do you the world? Do you view the world through the lens of Scripture? Or do you view the Scripture through the lens of the world? And, of course, we choose to view the world through God's Word. “When you do that, the Bible applies to every life situation. Obviously, the family is the foundation of civilization, as God made it. People want to know what the Bible says to my family, to my children, how do I raise my kids?'” Out of concern for the faithfulness of the next generations, Graham believes that the church must equip young people with Biblical answers to the world's toughest questions. GRAHAM: “We're seeing young people grow up in church and then potentially abandon their faith. So, what we want to do is to do ‘preventative medicine.' “We have a gentleman in our church, Dr. Kenneth Cooper, who is ‘the father of aerobics' and the father of Preventative Medicine, healthwise, physically. I believe the church, right now, needs to be on the cutting edge of preventative work in terms of our children, preparing them to answer the big questions that are coming their way. And to equip parents to be able to answer their children's questions so that when their children leave home, they'll have a faith to live by and not to abandon.” Because the Word of God is authoritative, the church should not cave to the world's embrace of the acceptability of sexual perversion. GRAHAM: "The Bible is clear on 'male and female, He created them.' So, we are not going to be flying rainbow flags in the church that's reaching families for Christ because it is in opposition to the Bible.” Proverbs 30:5 declares, “Every word of God is flawless; He is a shield to those who take refuge in Him.” Close And that's The Worldview in 5 Minutes on this Monday, May 6th in the year of our Lord 2024. Subscribe by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.
Vegetarians don't eat meat or fish. More Chinese people have come to embrace some form of this idea. We explore the growing interest in becoming vegetarian, vegan, or trying out gluten-free lifestyle among the general public. / Round Table's Happy Place(19:13)! On the show: Heyang, Xingyu & Josh Cotterill
Former Commissioner of Customs & Border Patrol, Mark Morgan says we're looking at the potential of adding 14 million illegal aliens into the country over the last 36 months which would make it our fourth largest state just behind New York. There is no country in the world that could sustain that, not even this country. Mexico is suddenly trying to help because AMLO, the President of Mexico, wants Biden to remain in office. With every single thing that comes across our border, his government profits. Every single day we know there are criminals, murderers, rapists, pedophiles, aggravated felons and gang members and people on the terror watch list sneaking in and being released into our country. We know there are potential national security threats here at an unprecedented level. More Chinese nationals have come through in the last 18 months than the previous 18 years. Almost 30,000 Chinese nationals, mostly single adult males of military age have crossed our border while the FBI says China is an existential threat. Using cyber activity, they could destroy this country without ever launching a single bomb yet we've heard nothing from the Administration. Morgan says this is insanity to see people still electing Democrats who are responsible for the open border. Morgan says people in this country have to wake up.GUEST: MARK MORGAN, THE HERITAGE FOUNDATIONSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
More Chinese people live in cites than in rural areas, with urbanization rate having exceeded 65% according to the 2023 government work report. However, the shift in lifestyle has not changed people's longing for the rural idyll. A recent report from a leading online travel agency reveals a significant surge in orders for rural tourism in China. We'll discuss the prospect of rural tourism. On the show: Laiming, Niu Honglin & Brandon Yates
During the summit between the presidents of China and the U.S. in San Francisco last November, both sides agreed to promote people-to-people exchanges. Chinese President Xi Jinping extended an invitation for 50,000 U.S. students to visit the country over the next five years. Since then, groups of U.S. students have made the trip. More Chinese students are also getting the opportunity to see America for themselves, including a group from Beijing Foreign Studies University. But some members of the delegation had to go through hours of interrogation at U.S. customs. This came after the Chinese Ambassador to the U.S. had protested over mistreatment of Chinese students with valid visas upon entry into the U.S. What has been the experience of the delegation from Beijing Foreign Studies University? What have they learned about the U.S. and bilateral ties?
Lots of tech runs commercials as news; Bluetooth speakers; Flight Update app, Flighty, and iMessage?; cases for air pods (yuk) and tag holder; attach your AirPods (didn't we move away from that); Leather wallet cases and pop sockets; Apple Watches may not be available in the US after Christmas; Air pods on keys; Charging phones and AirPods ; External drives and iPhones, there are issues; TV OS17.2 has some changes; You can get pretty good 3d viewers with VR headset and your iPhone; More Chinese government buildings are banning iPhones (Note:we ban Chinese phones too); China is leading the Electronic Vehicle technology race right now, and maybe for the future; Hot Rocks store energy; Anker makes battery systems for car backup and homes.Conversations on technology and tech adjacent subjects with two and sometime three generations of tech nerds. New shows on (mostly) Buy W-King Bluetooth Speaker HereBuy Destek V5 VR Headset for phone HereBuy LONLI Classic Leather iPhone case HereBuy Pop Socket MagSafe Wallet HereBuy Lifeegrn Portable power for iPhone & Apple Watch Here
We have puppies live in the studio and give a $4K check to Two by Two Rescue courtesy of Buffalo Wild Wings. A parking deck in NYC collapses, killing one and injuring many. A high school wrestling match ends with a vicious sucker punch from the poor loser. More Chinese police stations are revealed across the country. Biden's director of the ATF can't define what an assault rifle is, and Biden's education secretary can't define what a woman is! Ron DeSantis threatens Disney with building a prison next door. And Fox News settles with Dominion Voting for $787 million!Sponsor: Bank On Yourself: We've been brainwashed into believing the only way to grow our money for retirement is to risk it in the stock market. Not true. You can reach your financial goals and dreams without taking any unnecessary risks. Do you really control your retirement money? If you've got a 401(k) or IRA or similar retirement plan, the government controls it. They decide how much you can borrow and when you must pay it back, and you'll owe taxes and penalties for taking money out too soon or waiting too long – even though it's YOUR money. And thanks to our skyrocketing national debt and a Congress that continues to spend like a drunken sailor, who knows how much you'll have to pay in taxes during a retirement that could last 30 years? Bank On Yourself is a better way to grow and protect your hard-earned money. This retirement plan alternative has never had a losing year in over 160 years! You can get a FREE report with all the details on how the Bank On Yourself strategy adds guarantees, predictability and control to your financial plan. Go to https://BankOnYourself.com. Learn more about your ad choices. Visit megaphone.fm/adchoicesSee omnystudio.com/listener for privacy information.
We have puppies live in the studio and give a $4K check to Two by Two Rescue courtesy of Buffalo Wild Wings. A parking deck in NYC collapses, killing one and injuring many. A high school wrestling match ends with a vicious sucker punch from the poor loser. More Chinese police stations are revealed across the country. Biden's director of the ATF can't define what an assault rifle is, and Biden's education secretary can't define what a woman is! Ron DeSantis threatens Disney with building a prison next door. And Fox News settles with Dominion Voting for $787 million! Sponsor: Bank On Yourself: We've been brainwashed into believing the only way to grow our money for retirement is to risk it in the stock market. Not true. You can reach your financial goals and dreams without taking any unnecessary risks. Do you really control your retirement money? If you've got a 401(k) or IRA or similar retirement plan, the government controls it. They decide how much you can borrow and when you must pay it back, and you'll owe taxes and penalties for taking money out too soon or waiting too long – even though it's YOUR money. And thanks to our skyrocketing national debt and a Congress that continues to spend like a drunken sailor, who knows how much you'll have to pay in taxes during a retirement that could last 30 years? Bank On Yourself is a better way to grow and protect your hard-earned money. This retirement plan alternative has never had a losing year in over 160 years! You can get a FREE report with all the details on how the Bank On Yourself strategy adds guarantees, predictability and control to your financial plan. Go to https://BankOnYourself.com. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, party spin on disastrous SOTU; performing miracles! 3M new illegals last year; no harm no foul. More Chinese aerospace companies added to blacklist.
Rubber Bits for your bike? More Chinese bikes invading the USA, but how about an identity crisis to go along with it - http://qjmotor.ssrmotorsports.com/Watch us argue about it here...https://youtu.be/VY0SIox0XecWant to be a supporter of this garbage? We've got several different levels if you'd like to pitch in. Even a way you can be a part of the show. https://www.patreon.com/clevelandmotoSupport the showRemember folks...Ride Fast and Take Chances! check out our Youtube channel at https://www.youtube.com/c/ClevelandMoto
The twins are back - and down the rabbit hole they go, talking about everything from quirky South African phrases and spy ballons, music gear and grandsons, Todd Bridges' recent visit to Myrtle Beach and much more - including a new musical snippet from Chris. SHOW NOTES: 0:00 - "Way Back Home" by Chris Yale - Snippet 2:03 - Greetings and about the song / Roland V-Drums / EZdrummer 3:15 - "UZZUT" explained / South African expressions 4:38 - Flaccid balloon / Chris saw Chinese spy balloon shot down in Myrtle Beach / Richard Branson's balloon adventures / Balloon Boy Hoax / More about Chinese balloon 7:23 - Roger's baby grandon, Anderson / The Grandfather Club 8:40 - Roger's solo gigs at LuLu's North Myrtle Beach / Recent aborted gig / Barefoot Landing 10:18 - Chris' guitar adventures / Acoustic Fly Rig / Electric Fly Rig / California Blonde amp 11:28 - Chris on a roll / Anxiety? 11:58 - More Chinese balloon / Surveillance is a two-way street 13:00 - Roger's free associations: Bela Fleck / The Smithereens / Dave Matthews' Satellite" 13:30 - Todd Bridges / HGTC Addiction and Recovery Lecture Series / Chris' memories of Todd Bridges at Hollywood Professional School / Todd's recovery story / Killing Willis book / Casey King / Read Roger's blog post HERE. 15:50 - Chris and Logic Pro / Howard Jones versus Howard Johnson's / Nostalgia / Misophonia 17:53 - More about Todd Bridges 19:47 - The slow season in Myrtle Beach 20:34 - The Master Key System by Charles F. Haanel / Steven Tyler memoir / American Colonies by Alan Taylor / Penguin Press / Burgess Meredith as The Penguin 22:22 - Mike Nichols documentary / The White Lotus / Aubrey Plaza / Emily the Criminal 24:25 - Sleep hangover 24:46 - Parting shots / Chris' gear / Fearless moral inventory / Government Mule / Lekker Eats in Myrtle Beach
More Chinese people are traveling during the New Year holiday as COVID restrictions fall (0:54). RCEP will further boost connectivity after it took effect in Indonesia (11:39). And Luiz Inacio Lula da Silva begins his third term as Brazilian president (18:50).
SpaceTime with Stuart Gary | Astronomy, Space & Science News
SpaceTime Series 25 Episode 127*How black holes control star formationNew observations using NASA's Webb Space Telescope are showing astronomers how black holes control star formation in galaxies.*Euclid completes thermal vacuum testingThe European Space Agency's new Euclid spacecraft has completed a key phase of its pre-flight thermal testing program as engineers and scientists prepare the probe for next year's launch to orbit.*Last Atlas V launch from CaliforniaSkywatchers have witnessed a bit of history with the last ever launch of an Atlas V rocket from the Californian coast.*More Chinese space junk pollutes low Earth orbitAnother Chinese rocket has exploded in orbit, The latest incident involved a Long March 6A rocket carrying the Yunhai 3 spy satellite into orbit from the Taiyuan Satellite Launch Center in Shanxi province.*The Science ReportDiscovery of a link between exposure to pollution and low birth weight in babies.A new breed of rice that could be more sustainable.Study finds that being young, male, religious, with a high income makes you more likely to gamble.Skeptics guide to avoiding hangoversListen to SpaceTime on your favorite podcast app with our universal listen link: https://spacetimewithstuartgary.com/listen For more SpaceTime and show links: https://linktr.ee/biteszHQ If you love this podcast, please get someone else to listen to. Thank you…To become a SpaceTime supporter and unlock commercial free editions of the show, gain early access and bonus content, please visit https://bitesz.supercast.com/ . Premium version now available via Spotify and Apple Podcasts.For more podcasts visit our HQ at https://biteszhq.com #space #astronomy #science #news #podcast #spacetime
Zongyuan Zoe Liu, fellow for international political economy at CFR, leads the conversation on global economics. FASKIANOS: Thank you. Welcome to today's session of the Fall 2022 CFR Academic Webinar Series. I'm Irina Faskianos, vice president of the National Program and Outreach at CFR. Today's discussion is on the record and the video and transcript will be available on our website, CFR.org/academic. As always, CFR takes no institutional positions on matters of policy. We're delighted to have Zongyuan Zoe Liu with us to talk about global economics. Dr. Liu is a fellow for international political economy at CFR. She previously served as an instructional assistant professor at Texas A&M's Bush School of Government and Public Service in Washington, D.C. And before that, she completed postdoctoral fellowships at the Columbia-Harvard China and the World program and the Center for International Environment and Research Policy at Tufts University. She served as a research fellow and research associate at many institutions—the Reischauer Center for East Asian Studies, NYU's Stern Center for Sustainable Business, and at the Institute for International Monetary Affairs in Tokyo. Dr. Liu is the author of Can BRICS De-dollarize the Global Financial System?, published by Cambridge University Press; and Sovereign Funds: How the Communist Party of China Finances its Global Ambitions, forthcoming in 2023 by Harvard University Press. So we will stay tuned for that. So, Dr. Liu, thank you very much for being with us. This is a very broad topic, but it would be great if you could give us your analysis of the state of the global economy today. LIU: Yeah, thank you very much, Irina, for inviting me to do this. I really, truly appreciate the opportunity to engage with our college and national universities, both the faculties and the students. This makes me feel I'm very much still part of the academia community. So thank you very much, Irina, and thank you, everybody, for tuning in today. So I wanted to begin by saying that as an economist one thing that I learned is that we are very bad at making forecasting. And, once that forecasting is already very bad, but—and forget about the long run. But that being said, I hope our conversation today can at least exchange some perspectives in terms of how we think about global economy and how we think about some policy-relevant natures. So the first—I will begin by saying two statement, and then I will delve into it. The first statement I would say that I'm afraid that geopolitics probably would make economic forecasting, which is already a very difficult business, but geopolitics would likely make this business even more difficult going forward. And this is because global economic prospect will be more influenced by geopolitics and geopolitical tensions, in addition to pure supply and demand. So that is to say, for our—all our college students and our graduate students, who are either pursuing a political science degree, international relations, or economics, or anybody who are vaguely interested in understanding global economics, now this is the time to realize, well, the models may not—the models had their limitations before, and their limitations are probably going to be even more pronounced going forward. The pure supply-demand dimensions—price is set in certain ways—probably are not necessarily going to go that way. One such example would be the European Union and the United States are considering putting a price cap on Russian oil. And what does that mean? That probably means, well, it almost feel like for a long period of time there was this global cartel called the OPEC or OPEC+. These are the so-called sellers' cartel. And they have the power, the monopolistic power almost, in terms of setting the price of oil in the global market. But now we are probably going to see the other part of the story, which is what about a global buyers' cartel? And that is essentially what a price cap means. So long story short, I think geopolitics would play a lot into our analysis of global economics forecasting going forward. And then my second sort of quick statement would be in terms of global economic status today. I would say the key—like, let me take a step back. When we think about economic development, we tend to think about factors of production. Like, for our—again, for our students who probably learned this at the beginning of the semester, this is the time to refresh your concept. But key factors of production—one is resource, the other is technology, and then the other is labor. In terms of resources, you can think about natural resources as well as capital. So these three fundamental factors of production, I would say, they are all going through a period of changes. And these changes are not necessarily in a good way. So that, long story short, a lot of the changes now in global economic conditions may not necessarily be good. And I'm happy to go into a detailed analysis of why resources are not necessarily changing in a good way, or technology, or in terms of labor and demographics. But I'm also happy to stop here and then sort of answer questions or explain further going forward as well. FASKIANOS: Great. We will go to all of you to ask your questions. (Gives queuing instructions.) So we already have a question. It's from Fordham University. Raised hand. So you're going to tell us—have to tell us who you are and unmute yourself, or accept the unmute prompt. There you go. Q: Can you hear me? FASKIANOS: Yes. Q: OK, great. Yes, so I'm a third-year student at Fordham University. My name is Valerie Bejjani. And my question for you, Dr. Liu, pertains to your paper—your Cambridge-published paper—about non-dollar alternatives, which I find very fascinating. And it made me think about something I read for an international political economy class about how Keynes first introduced a non-dollar alternative called the bancor during the Bretton Woods Conference, but the U.S. shot it down. So I was curious about your opinion on this, whether you think it was a mistake for the U.S. not to accept it, and what you think the implications—the historical implications are for BRICS countries today that are trying to devise their own non-dollar alternatives? LIU: Thank you very much, Valerie, for your great question. And I have to—since we're on the record—I just have to say, this is not a planted question. (Laughs.) And I very much appreciate that you've given me the opportunity to talk about the research that I did before. So just a quick background about that research that I did, I finished the research last year—yeah, last year in the summer, in July. So when I submitted my manuscript, there was a review process, right? And then that was the moment when not everybody were interested in SWIFT, in SPFS, in China's cross-border banking—Cross-Border Payment System, or CIPS. So a lot of these alphabetic soups that everybody here are familiar with now, last year before Russia's invasion of Ukraine nobody was even interested. And one of the reviewers was even telling—had a comment there saying that, well, you know, don't necessarily think that these are good examples that deserve to—so many real estate. (Laughs.) But and then my publisher somehow engineered it such that my—that Cambridge publication came out right on the day of Russia's invasion of Ukraine, which was—that was—as a researcher, you probably can never hope the timing in that way. So going back to your question, Valerie, I would say I highly appreciate that you raised the question. And I respect that—highly respect that you are already getting yourself familiarized with Keynesian and all the other historically speaking alternative monetary system or monetary concept as well. So that's all good. So keep doing what you are doing now and I look forward to continuing our conversation going forward. So your question, if I understand it correctly, so is it a good idea for the United States to shut it down, right? So I mean, if I were—I was obviously not in the policymaking room in those days, but I can certainly understand why the United States would want to maintain the dollar's dominant currency status in the global financial system. That's because if you are able to—if the dollar were the dominant currency, in the existing dollar—in the existing global financial system, that basically means on the one hand we can issue debt cheaply. And that literally means the U.S. Treasury is the proxy for risk re-asset. That has huge implications not just for our government debt and our physical expenditure. It also has a tremendous amount of stabilizing factor for our domestic financial institutions and the expansion of our banks in the international market. So from both public perspective and the international perspective, those are good. And the United States has, from a policymaking perspective, all our financial policymakers had their right to shut it down. Now, but if you ask this question from an alternative perspective—say, if you ask the question for—to, let's say, Bank of England Governor Mark Carney—former governor. If you ask him, he would probably tell you, well, this is a terrible idea that the United States would shut it off, because he specifically said in 2019 at the Jackson Hole symposium, when all the major central bankers were gathered in the big hall and talking about monetary policies, he was the one standing in front of everybody saying that, well, it's a terrible idea to have one single currency, which is the U.S. dollar, to dominate the global financial and monetary system. That is the reason why the system is not stable, hence we need to have an alternative system. Like a basket currency or something like that. So, if you ask people like him, he would be—like, be in favor of the diversity—of a more diversified global monetary system. And again, if you ask the countries like China or, for that matter, Russia or Iran, they would be way much more in favor of a much more diversified monetary system as well. And that may not necessarily, from, exchange rate perspective, exchange rate risk is an important aspect, but the more important aspect probably is from the geopolitical hegemonic power of the U.S. dollar. Which means, the U.S. sanctioning power really resides in the dollar being the dominant currency. So right now, we hear about U.S. can sanction Russia, sanction other countries. How that is being executed, it is literally being executed by our banks no longer processing the bank transactions of all the Russian banks. Hence, when people talk about kicking Russia off the SWIFT system, it's not just that the transaction cannot go out. It literally means in practice nobody can send a message with Russian banks. Like, there was no communication. So the entire dollar system is based upon the SWIFT system, which 90 percent of the messaging to process the transactions are using dollar. And then, because the expansive power of our U.S. banks, it literally means all international trade literally has to be settled—the settlement has to be done by U.S. bank, who has U.S. dollars. And in order to access that transaction mechanism, only SWIFT can get the job done. You also have to literally tap into either the Fedwire System or the CHIPS system, which is the clearinghouse system based here in New York. So in order for this whole system—in order to have this whole system to make your dollar payment work, you literally have to maintain on the one hand a connection, on the other hand have connections with the dollar settlement system. And that's why when Russia was kicked out of SWIFT, a lot of other countries who are not necessarily on the good side of the United States started to get worried because people used to think, well, kicking somebody—kicking some banks off the SWIFT system is almost the financial version of a nuclear bomb. It's the nuclear option of cutting somebody from the international financial system, of which the U.S. dollar is the dominant currency, the primary invoicing currency as well. And then on the other hand, lesson learned from this sanction experience, especially from the perspective of China, is that, well, previously we've already laid out a lot of this planning system—meaning the infrastructure used to internationalize the renminbi, such as the China—the China's CIPS system. Policymakers inside China started to wonder, well, since the planning is already there, it's not too much to ask just to add additional function. So the previously, from a functional-wise, China's renminbi payment infrastructure is really not about bypassing sanctions, because in my research I realized when—I interviewed people who actually participated in the designing of the system. And I remember talking to three people on three different occasions, and they all mentioned one point, which is without the CIPS system, the international using of renminbi, really—the user experience was really, really terrible. And the reason it was terrible was simply because there are more than two thousand of small and medium-size banks in China. You are familiar with the big four—ICBC, Bank of China and all that—but those are the major banks. More Chinese bank—more than two thousand of the smaller Chinese banks, they don't have a direct connection with the SWIFT system. Which basically means in order to make transactions across border, it really takes time and the cost of transactions are extremely high. Therefore, in order to improve user experience, they literally had to design a system that can facilitate this cross-border transaction. But when geopolitics plays into it, especially since 2018 when U.S.-China trade war started to get really escalated to a higher level, a lot of those conversations started domestically. And then Russia's invasion of Ukraine really accelerated this whole process. So I hope that sort of give you a broader—it's a long answer, but I hope that gives you a deeper understanding of what has been going on, and what are the—what are the instrument—the functions of the instrument. FASKIANOS: Fantastic. I'm going to take a written question from Abraham—he goes by Abe—Borum. Dr. Liu, you mentioned OPEC within the context of NATO and the U.S. efforts to limit Russia energy policy. What are the second- to third-order effects on other sectors of global markets? And Abe is a graduate student at the National Intelligence University. LIU: Abe, that's a great question, I have to say. And I would strongly encourage everybody here, especially our undergrad and graduate students—to think not just the first-order or direct impact, but also the second-order effect. So I appreciate this question, because then you give me a little bit opportunity to elaborate on why I think on the natural resource aspect our global economy is not necessarily heading towards the right direction. So just tie back into Abe's question to begin with, right now since Russia's invasion of Ukraine, the hydrocarbon prices, and more specifically oil prices, oil prices have been increasing. Although in recent—in recent weeks, it has relatively been stabilized a little bit, but it's still way much higher than pre-pandemic, that would be 2019, right, Irina? 2019, right? (Laughs.) My timeline is all blurred. So I checked this morning, price might have changed slightly. But when I checked it this morning Brent today, this morning when I checked, it was trading about $88 per barrel. And remember in 2019 what the price was? That was something around—the average price in 2019, that was $64. So we are literally talking about more than $20 per barrel more expensive. And then WTI, that is, what, U.S. benchmark, right? WTI was trading at $96 per barrel – close to 96 (dollars). Like 95.99, something like that. And in 2019, Brent was trading on average $57 per barrel. So close to double. So higher energy prices, that basically would directly translate into higher production costs across the board for energy—because every sector need energy, whether it is electricity, whether it is other types of energy. So it directly translate into higher electricity prices. This is important for the United States. This is very relevant for the European Union as well. So higher production costs would literally raise the price of the output. And that is going to further exacerbate the inflationary pressure. And that is going to make the Federal Reserve, and the ECB, and the Bank of England measures to curb inflation even more difficult. And then on the other hand, I also wanted to mention that right now the added layer of geopolitics making this even more difficult. We already see this happening, which is, Biden made his trip to Saudi Arabia, but it did not get the intended consequence or intended result, which is trying to get Saudi Arabia and OPEC in general to stabilize the global oil market. And OPEC+, about a week ago, decided that they are going to cut their production by about two million barrels per day. That is about the daily consumption of, I believe it's China, or something like that. So from that perspective, by limiting production, that is going to further—that is from a pure supply/demand perspective, right? If we hold supply—we hold demand constant and if you reduce the supply, that is going to further raise the upward pressure for the prices. So geopolitics is probably going to further put upward pressure for the prices as well. And then finally, the final point I would want to make there is that right now OPEC countries—OPEC+ countries in particular—they might be—have this existential threat, which is the net zero transition. Right now, what is most valuable for Russia, or for Iran, for UAE, for Saudi Arabia—their most valuable export comes from hydrocarbon. It could be oil. It could be natural gas. So in the long run, when the entire global economy moved to zero dependence on hydrocarbon, that basically means for Russia—that's probably more close to 70 percent of their GDP and government revenue. That is going to be gone. Think about how the Russian economy can make up that much amount of revenue in the short run? That's very difficult to think about, especially these days. And this can be applied for countries like Saudi Arabia as well. Therefore, these countries—these hydrocarbon-exporting countries—they have this existential threat. Which is their most valuable export might become no longer valuable in the long run. So that's why they are—they are inherently very interested in carving a closer relationship and, more importantly, a relatively stable relationship with their stable buyers. And the buyers these days are going to not necessarily be the United States because, you've heard all these stories about the U.S. are energy independent and so on and so forth. But, you know, we can—that's a different story. And when people say U.S. is very largely energy independent, there are so many reasons that argument can be rebutted. But let me just say, U.S. does not necessarily consume a lot of energy from—exported by Saudi Arabia. But who does? China and India. So right now, China's largest energy—in terms of volume—largest energy supplier is Russia. But in terms of pure monetary value that China actually pays, and the largest receiver of Chinese money for energy, that is Saudi Arabia. Therefore, earlier this year you probably read the news about Saudi Arabia might consider allowing renminbi to pay for Saudi oil. There might be more opportunity in there, because they might be very interested, especially MBS, because of all his behaviors, might expose a lot of the Saudis individuals under U.S. sanctions. And on the other hand, China already established a renminbi denominated oil futures market. And that—although, the volume today is relatively—the volume today is relatively low, but the growth is very rapidly. So if all these major oil-exporting countries hypothetically—if they decided to suddenly switch their—the pricing of their oil overnight into renminbi instead of the dollar, we could potentially see the dollar's pricing power and invoicing power in global trade would be diminished. And that is because the infrastructure, the facility is already there. Although the volume of renminbi-denominated oil futures is still relatively low, the plumbing is there. And once you have the plumbing there, there is no way to go back. So now what the United States should do is to make sure that everybody is still very much interested in maintaining the existing dollar-based system and maintaining the pricing of commodity using U.S. dollar. And that brings in the discussion about putting an oil price to Russian oil instead of just a wholesale sanction of Russian oil. As long as we are putting a price cap to it, that basically means we are—yes, we are hurting Russian export, but still we are allowing Russian oil flowing into the international market. That still makes the dollar's pricing power in global commodities relevant. So from that perspective, I think it's the right move to preserve the dollar system. But on the other hand, those countries that are not—again, not necessarily on the geopolitical good side of the United States, they do have the intention to hedge against the risk of being sanctioned. And they need the—they need buyers to buy whatever that they have are valuable today. I hope that makes sense to you. FASKIANOS: Great. Thank you. I'm going to take the next question, a spoken question, from Dr. Seebal Aboudounya, an associate lecturer at the University of College London. You can correct me on the pronunciation of your name. Q: Yes. Hi. The pronunciation is perfect. Thank you very much. So I have two students here from the international public policy program. And they would like to ask questions. So I will just hand over to them. Thank you. Q: Hi, professor. I'm Cici and I'm a graduate student from UCL. I'm really glad you can give me a speech and answer my questions. And I want to ask questions about Belt and Road Initiative (BRI). As we all know, that Belt and Road Initiative has employment more than ten years, since 2013. And it seems as the most important foreign policy for China and their President Xi. And it has already achieved many success. So I want to ask, what's the core purpose of Belt and Road Initiative, and how can we evaluate it? And do the countries in BRI view it in a positive or a negative way? Thank you. Q: Thank you very much. And the second student will now ask a question. Q: Hi, Doctor. My question is, what's the future of global economy under the impact of Ukraine war, China-U.S. competition, and COVID-19? Thank you. Q: Thank you very much. LIU: All right. Thank you very much, Professor Aboudounya. And let me just being with the first question from Cici, right? Thank you very much, Cici, for asking this important question. And I'm so glad that you are asking something about BRI, because I do think it's important for people to understand this whole Chinese initiative. You are absolutely right that the BRI is a very important Chinese foreign policy initiative. And I would even say that the BRI is—or, the Belt and Road Initiative—is Chinese President Xi Jinping, his signature foreign policy initiative during his first two terms. Now he just recently got his—as the general secretary of the party—he just got this third term. So we'll see how BRI being played out going forward. But at least during his first term as the president of China and as the party general of the Chinese Communist Party, that was his signature foreign policy initiative, or grand strategy, if you will. So in terms of what it is and how we think about it, those are great questions. So there are very simple answer to say—to describe what BRI is. You can think about it as a global-spanning infrastructure project. So that's what it looks like. If you just put—if you just—if we have an Excel spreadsheet and we just look at, at least all the—every single project that BRI has been doing, it's really about infrastructure. And more specifically, more than 70 percent of BRI infrastructure projects are related to energy, are energy-related infrastructure projects. Therefore, you can also think about BRI as infrastructure orientated and combined with the idea of establishing China's access to global energy resources. And then, if you think about it from China's domestic perspective, why Xi Jinping decided to start this BRI initiative and what are the connections of the BRI with previous Chinese policies? I would say the reason—fundamental reason why Xi Jinping started this BRI was because of the fundamental domestic problem which is the overcapacity in China's production sector, especially steel, concrete, and a lot of these infrastructure-related sectors. And that takes place after global financial crisis, and then China's spending four trillion—four trillion yuan to stimulate its economy, and it created the major overcapacity issue at home. And the international economy—or international demand or demand from outside of China was not enough—or especially the Western market like United States or European market, they were not growing as fast to be able to absorb China's overcapacity. Therefore China really have to think about how to distribute in a broader global market to solve its overcapacity issue. So Xi Jinping, in one of his meetings, he had this saying—and I think it's very revealing, so I quote him. So he did say this, and I translate it, obviously, into English. So he said: Our overcapacity problem might be other countries—might be beneficial to other countries. In other word, we are producing a lot of this stuff that we do not use, and we are losing money. But if we are able to sell it to other countries, that might be good for them and good for us, as well. So that was—could we—if we give him the benefit of the doubt, is that a good way—is that a good intent? Sure. If we give him the benefit of the doubt, if everything he implemented perfectly, that could be mutually beneficial. And indeed, if you look at all these BRI forums or BRI summit, a lot of these are related to improve their connectedness, solve overcapacity issue, and even BR specific government-to-government level industrial production coordination fund. In other word, if government are establishing lots of money to coordinate—so much you are going to produce, how much I am supposed to produce. The idea is really to tackle the problem of overcapacity. But again, reality when you are looking at how this is being implemented, nowadays it varies. There's a very good Rhodium Group report that you probably—if you just google Rhodium Group BRI, they have this report analyzing the BRI lending. And that's where BRI really come into—really encountered a lot of problem. So you are probably familiar with the whole narrative of the data trap, so depending upon who you are talking to—so if you talk with—if you talk to Chinese project managers, or if you talk to Professor Deborah Bräutigam at SAIS/Johns Hopkins who runs the China Africa Research Initiative—if you talk to folks like them, they might tell you, well, you know, it's really not about the data trap but really speaks to the fact that China is really, really inexperienced in terms of the development finance and in terms of lending, and that the reason is that they really have a limited capacity to do, on the one hand, the environmental impact assessment. Many of these—you will be shocked. Many of these projects they do not even have a real environmental impact assessment. And on the other hand, because a lot of these lendings are directly being lent out by Chinese policy banks—and more specifically, if you look at Africa, that would be China import and export bank, they have a limited capacity to evaluate all these business plans. And I remember talking to a project manager in Mali, so I asked him, have you interacted with all those folks on how you do your—how you do your bidding in order to get the money. So this person, he was very frank with me, and he said, well, I understand how the—I understand how they want the number to look like in order to give me the loan, so I just cook the numbers so that I can get the loan. In other word, there is not necessarily an internally robust risk management process in getting out of these loans. Therefore, am I surprised to see that so much of Chinese—so much of China's BRI loan now are in trouble, like in countries like Zambia, Pakistan, Sri Lanka, and a couple of others. So am I—am I surprised about that? I'm not surprised because if you followed this and if you realized that there is a lack of the internal risk management process, that's the result you are going to get. And it is also because of the debt, combined with the contract term, which is when you are signing a contract like—it's like, I go to the bank and I say, I am Zoe, and I bank with Charles Schwab or Bank of America. Hey, I'm going to buy a house, so how about you lend me the money. This is literally the way how contract negotiating works. And then, guess what? The banks are going to say, hey, Zoe, I do not know who you are, although you look like a good person. I do not want to lend you the money at this rate. I'm going to lend you the money, and you have to put down a collateral. So collateral is the idea that, in case I, Zoe, can no longer pay back my loan, I literally have to give up some sort of tangible asset to the bank. Now in the case of Sri Lanka, that was what happened to Hambantota. So long story short, is that combined with the collateralization of this BRI debt really feeds this debt trap narrative because, well, if it looks like you are setting the countries up to debt, and you are collateralizing their critical infrastructures, this looks like debt trap to many observers. So I can't—I have a lot of sympathy to this debt trap narrative, but really, when we think about BRI debt and how BRI is being implemented, we really need to think about two sides: on the one hand, the policy side; and the other side is really about implementation, because without implementation the policies are only a piece of paper, isn't it? So, I really encourage you to look more specifically into the details, and if you are interested in learning more about BRI, there are a lot of data set that are available. On the one hand, William & Mary—William & Mary have the aid data. If you just google William & Mary and google aid data, you will see their entire data related to BRI. And then the other website that—I would have to say, my colleague and I here at the Council, we have this BRI tracker. My colleague Benn Steil, he run—he had this BRI tracker. So you can take a look at that. And then the Council also published a BRI report last year—last year, right, Irina? We have a BRI Task Force report, so definitely check that out. And then finally there is also Boston University has the global policy institute. They have this China—they have a specific China-oriented research team, and they have—they also run seminars occasionally, and webinars—you can sign up for it and you can have access to their research. We also have this BRI data, so make sure that you check those out so that you can look at all the contract, you can look at what are the—where exactly—at what level project are being implemented. I hope that sort of covered the ground for that with BRI. And then go back to the other question—the other question about the future of global economy, especially the impact on Ukraine. I really appreciate this question as well because it's—it's really dear to my heart, too, and the research in itself is dear to my heart and to many of my colleagues here at the Council. And then, on the other hand, we also—everybody are surprised about how fast and how coherent the sanctions on Russia were able to take place. It used to be like—I myself included—like when the Europeans decided—the European Union decided, basically the next day after—following the U.S. sanctions, they basically decided that they are going to do the same. I was like, oh, gee, looking across the Atlantic, I don't think I understand you guys. It almost feel like you guys could never agree on anything anytime soon, but now, it's like overnight there is this agreement on sanction of Russia. I feel like, oh, this is unprecedented. So from that perspective, I do think the—Russia's war on Ukraine, it reunited the U.S. alliance system, and from economic perspective, I think it's very important in the sense that a lot of the economic differences that we used to have—for example, the Eurozone or, in particular, the ECB might have interest in letting the euro play a bigger role in the global system and all that. So a lot of these are—a lot of these disagreement are going to be surpassed by the priority, which is to address Russia's aggression in Ukraine. And then on the other hand, we are also seeing that, yes, European Union, despite of their heavy dependence on Russian oil and gas—and Russian gas in particular, they are willing to participate in setting a deadline to say by this—by the end of this year we are going to phase out Russia's—our dependence on Russian energy. And in that context, it is good for American energy industry in the sense that we can—here in the United States we can—in the context of making sure that our domestic energy security is secured, right, or we can't export our LNG to our—to meet the need of our European allies. So that is another good aspect of it, and then in terms of—and then finally, I would—along the line of energy I would also say this probably is also going to accelerate the transition to net zero in terms of technology and putting more resources into this technology related to energy transition. That might be related to hydrogen. Canada is already exporting its hydrogen energy to Germany and German trains are now—some German trains are now run on hydrogen power. It would be cool to check it out—how it looks, right? So that means, from energy perspective at least we are seeing the realignment of this energy supply, energy demand dynamic. And because energy is so important for production and for energy growth, that is sort of a stabilizing factor. But that being said, still we are not—I am not saying that the Europeans aren't going to—are no longer having problems. And the Europeans are still going to have problems and the IMF revised downward European growth prospect next year. They downgraded to—even further to a lower point. I believe it's point—it used to be—it used to be about 1.3 in the energy outlook earlier in July, but I think this time—a few days ago when I checked again, there are new economic outlook. They've revised it down for EU—European advanced economies that it was revised down to .06 percent growth. From that perspective combined with high inflation, literally we are seeing that Europe—the advanced European economies—or broadly speaking, Eurozone as a whole—probably are going to head towards, maybe recession is a very, very harsh word, but it definitely going to run into serious economic troubles. So in the long run, this is not a good—this is not good looking. And in the short run, at least, this is not good looking, right, and in the—if we broaden the horizon back, focusing on the economy. Another factor that constrained European growth are, in particular, let's say, the major powerhouses like Germany. A critical part of that is, they are suffering from two issues. One is their cost of electricity is simply too high, and I'm talking about this relative to—it's much higher than the United States for sure, but they are not—they are much higher than China, as well. So China energy per kilowatt is in the magnitude of 0.002 or 0.003 magnitude. And where is Germany? Germany is something like ten times of that. We are talking about .38 per kilowatt. So that basically means if your fundamental electricity cost is high, and when energy price goes up higher, electricity price is also going to go up high, and then your entire manufacture industry is going to face a higher cost. And that, combined with demographic challenges, refugee challenges, it simply means that the government are going to have a whole lot of difficult time to deal with their expenditures. So again, both from energy perspective, from cost-of-production perspective, from the demographic perspective—aging population, refugee problem—and on top of that you probably would also have to think of—take care of the aging population, meaning added social welfare costs and pension costs, so those are—those mean slowing economy, especially on advanced economies, are not necessarily looking nice. FASKIANOS: Thank you. I'm going to go next to Isaac Alston-Voyticky, who has written a question but also said, happy to ask it, so why don't you unmute yourself, please, and give us your affiliation. Q: Hello, my name is Isaac Alston-Voyticky. I am at CUNY School of Law and CCNY's Colin Powell School. I am actually graduating this semester, so—(laughs)—anyway, so my question is you posed the three classic core components of economics. Would you think in the modern day, given the immaterial nature of so much of our global market and marketplace, that knowledge as the foundation of neoclassical economics, plays an equal role as a component of modern economics? And I mean that obviously in the concept that knowledge is known, unknown, real, surreal, and unreal, of course. But also, to your first kind of opening point when you said that, you know, it's really hard for economists to model out and do predictions. When we talk about improving data sets and analysis across like IPE, international affairs, you know, implementation of international law, one of the issues we have is a lot of our economic models are still too variable-based, and that we haven't really gone past that. So if we think about it from the quantum computing, we have X, Y, Z, and T, and that's just your bare, you know, next level. And I would imagine we can do that if we find the right components so, hopefully—and, I mean, I don't know what kind of answer you have, but I'm very interested to hear. LIU: Yeah, Isaac, first of all, congratulations for getting—you are in CUNY, right? And so you are right here in the neighborhood, so you know—right? So feel free to—feel free to, on the one hand definitely check out our award-winning website, and then if me or our colleagues could be of help, just feel free to stop by. And so these are two great questions obviously, and you touch upon a lot of the complaints and the frustrations that I have with modeling—(laughs)—right? So the first question, knowledge, I fully agree with you that so far our economic models have not been able to fully appreciate, or fully absorb, or fully model the role of knowledge; for that matter, even finance. Finance, at least has this term called the intangible asset when you are evaluating a firm, and therefore your mergers and acquisitions, you pay the so-called goodwill based upon how much you value the intangible asset; meaning like knowledge, expertise, and so on, so forth—so patent and all that. So from that perspective, I think the knowledge is definitely going—knowledge is definitely going to be extremely more important going forward, and I say that both—from three aspects. The first is knowledge can improve the quality of your human resources, which touch upon basically the labor force which reverts back to one of our three factors of production. And then knowledge also is necessary for technology, and that is another factor of production. And then finally the other would be knowledge, technology, and other resources. So resources, there is capital and non-capital, meaning natural resource and all that. And there are—then the confounding factor of knowledge is being played more here because better financial expertise—well, obviously, depending upon how you use it, but sometimes, financial expertise tend to run itself in trouble. It outsmart itself; it's not necessarily good. But if we are able to—if we have better knowledge about financial market, about our debt—I go back to your second question—better data about financial market and better knowledge to improve our use of natural resources or the efficiency—improve the efficiency. Or the next day, if we all have a battery and move toward renewables—these are going to be extremely—go back to the Schumacher model—these are going to be extremely disruptive, but in a very good way. But the reason I am cautious about, you know, we may not necessarily going there overnight is because, on the one hand—technology R&D takes some time, it's expensive, but then on the other hand, it's just in the processing, the implementation part. It's really—a lot of geopolitical factors plays into it because when we think about knowledge, knowledge and the technology, those are the things that we tend to think they tend to diffuse themselves, like knowledge—you exchange knowledge, and that's the foundation of new knowledge being created. You stand on the giant's shoulders, right? Knowledge and technology tend to diffuse itself, and right now what we are observing is, on the one hand, there are a lot of—there are a lot of export controls towards certain countries, and then on the other hand, countries like China are also—are trying very hard to lower the cost of the relatively cheaper technology, right, or the less advanced technology. And that basically means if a country can or—especially a country like China can quickly achieve economies of the scale, are able to find an alternative that is cheaper but at a lesser technology, but will still get the job done, then probably that—in the short term, it can service China and also service a lot of developing economies. But for a country like China, that is not necessarily good in the long run. And then on top of that, because of export controls, because of a lot of geopolitical tensions between China and the rest of the world, but the long-run trajectory over China's indigenous development capacity is still there; China's people—there are still U.S.-trained Chinese scientists going back to China, but it is going to tremendously slow China down and making it very difficult and very costly. So if we think that, for the past forty years or so—or for the past twenty years since China joined WTO, if we believe that cheap Chinese goods tend to be—tend to benefited the rest of the world in many ways, then a slowed-down Chinese economy is bad news for the global economy, probably more true than not. China is the largest trading partner for more than 120 countries in the world, so if Chinese economy slow down, that have major ramifications for the rest. And then go back to your second question with regard to, you improve the database and in terms of modeling the limitations—that's a frustration that I have nowadays. Yes, the model themselves—oftentimes I go into a meeting, listen to a talk—especially in the econ papers, the econ paper would begin with—it's very sterilized. You begin with assumptions, and then you talk about your independent variables, your dependent variables. Right now we are really in a world where your independent variables can be—your independent variables might be suddenly changed because of geopolitics, or because of some disruptive technology, or simply because supply chain means you used to be able to get rare earth, but then if you are Japan in 2007, you were no longer able to get rare earth reliably from China. So those are going to significantly shift your calculation. Therefore I would say, I really don't have a good answer in terms of how to improve at researcher perspective, but hopefully, as you said, quantum computing, artificial intelligence might help us to get as much better information as possible. But that being said, quantum—a lot of these quantum computing and artificial intelligence is—it used to be the case that a lot of statistics are garbage in, garbage out. Hopefully, our AI and the quantum computing, as we train themselves, they can learn better than the human beings. I'm not exactly comfortable about saying that, but that's my hope. FASKIANOS: I have some—a written question from Todd Barry, adjunct professor at Hudson County Community College in New Jersey. Is it possible that China would turn inwards and switch an economy to import substitution industrialization, producing all goods domestically, without imports, like Latin America tried to in the 1970's? LIU: Right, that's a great question, and when you were asking that I was immediately thinking about the Chile and its car industry. And that was a disaster. The East Asian model, in terms of the import substitution—that's the East Asian miracle, especially applicable to, Singapore, Taiwan, Japan, South Korea to a certain extent, as well. In the case of China I would say I would be really hesitant to—in retrospect if we have this conversation twenty years down the road, I would be really, really—I would be really sad to realize that this year is the moment—or October is the—October 2022 is the moment when China started to turn inward because that is going to be disastrous for China's long-term growth. China's decade-long of double-digit growth benefitted from an open economy, benefitted from being able to trade with the rest of the world, and the United States actually welcomed China into the global system. Therefore I would be very, very sad to see this is the moment. Now is there a—is there the risk? I do see the risk, and I do see the narrative there, especially with President Xi Jinping's emphasis on domestic circulation. If you think—I would argue—in my latest publication with the CFR.org, I made this argument to say the important—the dual circulation, especially the domestic circulation, it is a departure from previous going-on strategy because going out is starting from Jiang Zemin to Hu Jintao. These are really the idea of prioritizing the international market. It's really about using international market to develop the Chinese economy. And dual circulation is a departure from that. It's not to totally abandon globally—the global market, but it really is—it prioritizes domestic market: domestic demand, domestic supply, domestic technology and—domestic technological innovation capacity, and making international market relatively supplementary. And if even—and Xi Jinping even—if Xi Jinping even intend to make the international market more dependent on China's domestic market, meaning making the rest dependent more on China. So there is the narrative there. However, in practice, I don't—I don't see how Chinese companies are able to do this because the Chinese company—a lot of Chinese companies, especially multinational Chinese companies, they still need to have access to global capital, global technology. And although it becomes—especially on the technology side has become increasingly difficult. But it is to the benefit of the Chinese company, Chinese people, and China's long-term growth potential to maintain an open economy. But there is the chance that might not happen, and if we think—if we do believe that Xi Jinping has a timeline with reference to Taiwan, then he—obviously, if there is a war breaking out, then obviously there will be consequences, and we can imagine Western sanctions, and that basically means the Chinese economy is going to be severely isolated from the global system. So from that perspective, right now a lot of these zero-COVID policies are very much—the way that I think about it is it could be interpreted as it's a drill, or it's a preparation to make sure that China is developing internal capacity to be able to absorb as much sanction shock as possible. But I don't think that—I do not think Xi Jinping is going to make up a decision and going to make a move to Taiwan, say, tomorrow. As long as we can kick the can down the road, I think that's good. FASKIANOS: Out of time, and I am sorry to say that we couldn't get to all the questions, but we appreciate it. Zoe did mention a few resources that our task force on the Belt and Road Initiative, as well as the Belt and Road tracker—we dropped the link in the chat, but we'll also send a follow-up note with links to some of those things. She also does a lot of writing on CFR.org In Briefs and articles, so you should go to CFR.org. And you can follow her on Twitter at @zongyuanzoeliu. So I encourage you all to do that. This has been a terrific hour, so thank you again, Zoe. We appreciate it. LIU: Thank you, Irina, for having me. And I really do appreciate this opportunity to engage with every participant here. If I did not get a chance to answer your questions, or if you have other questions, just feel free to reach out to Irina or feel free to reach out to me. We are here, and the Council really appreciate and the—really appreciate the colleges and student, and the Council actually—we do a lot of stuff related to education, you know—not just at a college level. We also do at high-school level— FASKIANOS: High school— LIU: —middle-school level, and even—we also even have games for kids. So if you haven't tried those out yet, just try it out. FASKIANOS: Thank you, Zoe. So our next academic webinar will be on Wednesday, November 9, at 1:00 p.m. (EST) with Lauren Kahn, who is here at the Council, on military innovation and U.S. defense strategy. And again, I just wanted to shout out. We have our CFR fellowships application deadline for educators is available. You can check it out at CFR.org/fellowships. The deadline is October 31 so it's right around the corner. Follow us at @CFR_Academic. And again, go to CFR.org, ForeignAffairs.com, and ThinkGlobalHealth.org. So thank you all for being with us. Have a great rest of your day. (END)
More Chinese companies are turning to the Asian financial hub as the threat of U.S. delisting looms; Huawei reverses six-quarter sales slump; and the latest on the Henan banking scandal. Are you a big fan of our shows? Then please give our podcast account, China Business Insider, a 5-star rating on Spotify, Apple, or wherever you listen to podcasts.
July 9: Saint Augustine Zhao Rong and Companions, Martyrs1746–1815Optional Memorial; Liturgical Color: RedNew saints for an ancient land start the Third MillenniumToday's feast commemorates one hundred and twenty martyrs, eighty-seven native Chinese and thirty-three Western missionaries, killed in a long trail of blood from 1648 to 1930. This roll call of heroes includes lay women, catechists, seminarians, bishops, priests, a cook, a farmer, a widow, a seventy-nine-year-old man and a child of nine. Some were killed while taking sanctuary inside of a church. A large number died during the Boxer Rebellion in 1900, when fanatical Chinese peasants slaughtered thousands of Christian converts and foreign missionaries for no reason other than their faith and their foreignness. Some lives were ended by beheading, quickly; others by neglect in prison, slowly; and many by strangulation, painfully.The one saint the Church names on this feast is Saint Augustine Zhao Rong. Like so many other saints, he began his professional life as a soldier. As part of his military duties, Augustine was assigned to escort a French priest in China. The priest's holy example made such a deep impression on Augustine that he decided to convert to Catholicism. After his baptism, he went for the gold— he entered the seminary and became Father Augustine. His priestly ministry was short lived. Father Augustine was jailed, tortured, and left to die in prison during the reign of an emperor insanely hostile to Christianity and to Chinese priests in particular. Numerous other Chinese and foreigners were swallowed up in the same persecution along with Father Augustine. All refused to apostasize and many were atrociously tortured.After some faint contact with Christianity in the first millennium, European missionaries first ventured deep into China in the last decades of the 1500s. These missionaries were chosen for their great erudition, sagacity, and Christian spirit. In contrast, the first boatloads of Spanish missionaries unloaded into Latin America were a mixture of holy, educated men, along with others who were almost ordained pirates, adventurers whose zeal for the house of the Lord was so total that they were oblivious to the sensitive cultural realities they, and the West itself, were encountering for the first time. Mayan and Aztec Codexes' were burned, finely carved statues were shoved off temple platforms, and palaces were razed to the ground out of an authentic, but misguided, Christian fervor. No such haphazard cultural destruction took place in China. Missionaries to China were finely tuned to the local wavelength. They learned the challenging language, respected local spiritualities, and were exquisitely respectful of the ancient, studious, and complex society that had welcomed them. These sterling missionaries inspired a large number of Chinese converts who remained fully Chinese while, at the same time, becoming fully Catholic. Catholicism enriched and purified all that it meant to be Chinese.Yet the missionaries' success was also the seed of their destruction. Chinese strongmen invariably saw the missionaries as agents of Western colonialism rather than as emissaries of Jesus Christ. No matter how delicately the missionaries inculturated the faith, or how many locals converted, Catholicism was a non-native reality that threatened ancient Chinese patterns of life and thought. And so the persecutions came.The Protomartyr of China was Francis Fernández de Capillas, a Dominican priest who was tortured and beheaded in 1648 while praying the Sorrowful Mysteries of the Rosary. Numerous Franciscans, Salesians, Dominicans, and Jesuits were killed in the intermittent waves of persecution. These martyrs' crime was their faith and energetic evangelical efforts. They were not involved in politics or trade. They were not spies or government agents. They died for the most noble and purest of reasons—their faith. The ancient nation of China had no saints before October 1, 2000, when Pope Saint John Paul II canonized today's Chinese martyrs. Not one of the canonized was killed under the communists who have ruled China since 1949. Catholics executed by the communists await a future unfurling of their banners in St. Peter's Square. More Chinese martyrs, some already dead, some still to die, will be canonized in an unknown year by a future pope as the history of redemption reveals its secrets.Martyrs of China, you were brave in keeping a tight grip on the pearl of great price. Help all Christians to value their faith in easy times so that when times of persecution come, we may stand upright in the storm.
①Hungarian Prime Minister proposes Russia-Ukraine ceasefire talks in Budapest as NATO foreign ministers meet in Brussels. What are the latest? ②French prosecutors open probe on the role of U.S.-based consulting firm McKinsey in the nation's politics. How will that influence the upcoming French presidential election? ③More Chinese are turning to podcasts as a way of getting information or fun during the COVID-19 pandemic. We take a look at China's recent podcast boom.
Simon Shares Shoprite* (JSE code: SHP) results, it's all about innovation. Strong un International* (JSE code: SUI) update. War in Europe, commodities still the story. Very volatile, that's expected. But I expect more upside and I am happy to hold. Upcoming events; 17 March ~ JSE Power Hour: Geopolitics, inflation and markets Prosus (JSE code PRX) / Naspers (JSE code: NPN) / Tencent (Hong Kong code: 700) Tencent has been under pressure Naspers and Prosus have been hit even harder Live Prosus discount to net asset value (NAV) is now some 55% after hitting 60%. VK (old mail.ru) has been written down to zero. Generally unlisted is worth a lot less than stated? Buy / Sell / Hold? VIE structure China has not taken sides in the war, so far Tax on profits if they sell Tencent More Chinese crackdowns? Prosus has been wasting money from the sale of 2% stake in Tencent? Buying back shares Buying Delivery Hero (Frankfurt code: DHER) * I hold ungeared positions.
更多中国企业力求创新|More Chinese firms strive to spur innovationThe innovative vitality of Chinese businesses was further stimulated last year, as a growing number of domestic market entities registered invention patents, a senior intellectual property regulator said.一位高级知识产权官员表示,2021年,随着注册发明专利的企业数量增加,国内市场主体创新活力得到进一步激发。Hu Wenhui, deputy commissioner of the China National Intellectual Property Administration, said at a news conference hosted by the State Council Information Office on Wednesday that around 298,000 Chinese enterprises held valid invention patents by the end of last year, 52,000 more than in 2020.在12日举行的国新办新闻发布会上,中国国家知识产权局副局长胡文辉表示,截至2021年底,我国国内拥有有效发明专利的企业达到29.8万家,比2020年增加5.2万家。 ▲ An employee inspects a smart textile production line in Nantong, Jiangsu province, in October. Photo/Xinhua10月,江苏省南通市,一名工人检查智能纺织生产线。新华社 摄He added that Chinese companies held more than 1.9 million valid invention patents, up 22.6 percent year-on-year.胡文辉表示,国内企业拥有有效发明专利190.8万件,同比增长22.6%。Among them, more than 63 percent were technology-related, "which means our domestic innovation and creative abilities are becoming much stronger", he added.其中,高新技术企业拥有的有效发明专利占国内企业总量的63.6%,“这体现出我国市场主体创新创造能力不断增强”。Hu added that the number of such patents increased rapidly in three major fields-information technology management, computer technology and medical technology.胡文辉表示,信息技术管理方法、计算机技术和医疗技术成为我国国内发明专利有效量增长最快的3个领域。Kang Lixia, a lawyer specializing in handling IPR disputes from Beijing Conzen Law Firm, said that the growing number of patents in high-tech industries reflected policy moves to support business transformation, promote industrial upgrading and better meet public demand.北京从真律师事务所专门代理知识产权纠纷案的康丽霞律师表示,高新技术产业的专利数量不断增长反映了政策正往支持企业转型,促进产业升级,更好地满足公众需求的方向转变。"China has provided a series of preferential policies in recent years to encourage domestic enterprises to innovate technologies and improve their ability in terms of self-development, which has led many companies to expand their business to high-tech areas, such as the digital economy, new energy and healthcare," she said.康丽霞律师表示,“近年来,中国出台了一系列优惠政策,鼓励国内企业创新科技,提升自主研发能力,这使得很多企业将其商业版图扩大到高新技术领域,比如数字经济,新能源和医疗。”"For example, since the COVID-19 pandemic hit the world, online medical care services and products have been more needed among the public. As a result, many firms, including those previously focusing on manufacturing, have begun transforming and paying greater efforts to study healthcare-related technologies to meet this demand."“例如,自从新冠病毒席卷全球,线上医疗产品和服务成为热门。为了满足这一需求,包括一些之前专注于制造业的企业在内,很多企业已经开始转型,加大对医疗技术研究的投入。” She said that the improved policies and growing public demand have both contributed to the rapid growth of high-tech enterprises in China. "The more such businesses we have, the greater the number of valid invention patents we can see," she said.康丽霞律师表示,政策的完善和公众需求的增加共同促进了中国高新技术企业的快速发展,“这样的企业越多,有效发明专利的数量就越多。” ▲ China's protection of intellectual property rights will be strengthened over the next five years to further bolster the country's high-quality development. Photo/Sipa未来五年,中国将加强知识产权保护,进一步推动国家高质量发展。希帕图片社 摄"The concept that 'invention means creativity' is key to continuously stimulating our domestic market vitality," she added.康丽霞律师表示,“‘发明即创新'这一理念是持续激发国内市场活力的关键”Meanwhile, China has also seen a rising number of patent and trademark applications made by foreign businesses.与此同时,外国企业在华专利和商标申请数量也呈增长趋势。According to the administration, China granted about 110,000 invention patents to foreign applicants last year, a 23 percent increase on 2020, and it also agreed 194,000 trademarks registered by foreign entities, up 5.2 percent year-on-year.据统计,2021年,国外申请人在华发明专利授权11万件,同比增长23.0%;商标注册19.4万件,同比增长5.2%。"The rising figures indicated that foreign enterprises are more confident in the country's IPR protection and its business environment," Hu said.胡文辉表示,国外在华知识产权数量保持较快增长,表明外国企业对中国知识产权保护和营商环境的信心进一步增强。In 2021, invention patents that Chinese regulators granted to United States applicants rose 32.1 percent year-on-year, and trademarks registered by US applicants in China surged by 17.3 percent year-on-year, according to the administration.据统计,2021年,美国在华发明专利授权、商标注册同比分别增长32.1%和17.3%。It added that it has accelerated its review of COVID-19-related patent applications, offering a quick channel for those related to vaccine development and epidemic control.此外,有关部门还加快了新冠病毒相关专利申请的审理速度,为疫苗研发和疫情控制相关的专利开通了快速通道。vitality英[vaɪˈtæləti];美[vaɪˈtæləti]n.活力,热情;生机,生命力patents英[ˈpeɪtnt];美[ˈpætnt]n.专利(权),专利证书;专利发明adj.受专利保护的;专利生产经销的;显而易见的,赤裸裸的;(寄生虫感染)明显的,显著的;(脉管、导管或孔)开放的,不闭合的v.获得……的专利权;授予专利trademark英[ˈtreɪdmɑːk];美 [ˈtreɪdmɑːrk]n.商标;标志,特点v.给……标上商标;认出(某种习惯、品质或生活方式)为某人的典型特征epidemic英[ˌepɪˈdemɪk];美[ˌepɪˈdemɪkn]n.流行病,传染病;(迅速的)盛行,蔓延adj.盛行的,泛滥的
New US negotiations with China are actually proposing increasing the products to be added to the list of products exempt from tariffs. The insanity of opening our markets to MORE Chinese imports, on The Bob Rose Show.
SpaceTime with Stuart Gary | Astronomy, Space & Science News
To listen to SpaceTime on your favorite App automatically: https://link.chtbl.com/spacetime The Astronomy, Technology, and Space Science News Podcast.SpaceTime Series 24 Episode 135*NASA's Dragonfly mission to TitanDragonfly is a NASA mission to explore the chemistry and habitability of Saturn's largest moon, Titan.*Hubble Space Telescope back onlineNASA's Earth orbiting Hubble Space Telescope is partially back on line after mission managers successfully recovered the observatory's Advanced Camera for Surveys instrument.*Another 53 Starlink satellites launchedSpaceX has launched another 53 Starlink satellites as it continues to expand its broadband internet constellation.*More Chinese spy satellites launchedChina is continuing its spy satellite launch program at a blistering pace with three more Yaogan 35 reconnaissance satellites blasting in to orbit.*The Science ReportNew test for laser ignition nuclear fusion.High speed rail linked to reduction in carbon emissionsPalaeontologists have identified a new species of hadrosaur dinosaur on the Isle of Wight.Skeptic's guide to the scariest horror movies of all time.For more SpaceTime and show links: https://linktr.ee/biteszHQ If you love this podcast, please get someone else to listen too. Thank you…Your support is needed...SpaceTime is an independently produced podcast (we are not funded by any government grants, big organisations or companies), and we're working towards becoming a completely listener supported show...meaning we can do away with the commercials and sponsors. We figure the time can be much better spent on researching and producing stories for you, rather than having to chase sponsors to help us pay the bills.That's where you come in....help us reach our first 1,000 subscribers...at that level the show becomes financially viable and bills can be paid without us breaking into a sweat every month. Every little bit helps...even if you could contribute just $1 per month. It all adds up.By signing up and becoming a supporter at the $5 or more level, you get immediate access to over 240 commercial-free, double, and triple episode editions of SpaceTime plus extended interview bonus content. You also receive all new episodes on a Monday rather than having to wait the week out. Subscribe via Patreon or Supercast (you get a month's free trial with Supercast to see if it's really for you or not)....and share in the rewards. Details at Patreon www.patreon.com/spacetimewithstuartgary or Supercast - https://bitesznetwork.supercast.tech/ Details at https://spacetimewithstuartgary.com or www.bitesz.com If you've enjoyed this podcast, you may love our sister show Space Nuts...just visit https://spacenuts.io for podcast details.New: Listen via @GoodPods ...IOS and Android
Cryptocurrency & FinancialMarkets News & Stats5th Oct 2021.Today, I talk about the following:1. Bitcoin dominance moving higher - large volumes being bought today2. Bank of America and US Bank are coming to Cryptoland3. More Chinese property developers going broke4. Circle being looked at by SEC5. Equities markets are historically more vulnerable in Oct to the downside - look at Economic history...6. YIELDS CURVE GOING MUCH HIGHER in yield - Steepners Interest & Corporate Funding curves. Countries are rate rising7. Derivative positions on Equities, BTC, ETH, XRP & others8. ETH & BTC futures buying and spot buying of puts - more BTC calls being bought by Traders 9. Fiat markets, Economics, the FED, Stagflation,10 yr USD bond yield rate, & Social media10.VEchainTHOR, TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED ,FUNFAIR, BOSIC,TAPER, POLYGON,MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon, Binance,HBAR, Tezos, USDt, USDC, Cardano,Singapore,Bridge,Kusama,Bullish break out , bullish triangle, bearish,down 4 hour, 200 day moving average,Tezos , ADA, Civic, Wells Fargo, SEC, ENH,DOT,CHZ,JP Morgan,FED, US debt limit, debt ceiling,Facebook, Chainlink,Ripple & FOMC10. Technicals for Cryptos look much better11. Funding rates mixed, Trading models, Volatilities, Liquidity on Exchanges, Stats and other. Volatilities are lower which is good 12. Emerging markets still look VERY vulnerable - short-term rates higher13. Keep an eye on interest rate yields -10 year bond rates - curves are steepening yields rising - US 10 year bond yield at 1.53% now14. Equity markets look terrible here 15. Crypto Fear and Greed index is at 59 from 5416.Crypto news17. Ripple new clients plus the SEC and more 18. Stagflation is everywhere
Cryptocurrency & FinancialMarkets News & Stats5th Oct 2021.Today, I talk about the following:1. Bitcoin dominance moving higher - large volumes being bought today2. Bank of America and US Bank are coming to Cryptoland3. More Chinese property developers going broke4. Circle being looked at by SEC5. Equities markets are historically more vulnerable in Oct to the downside - look at Economic history...6. YIELDS CURVE GOING MUCH HIGHER in yield - Steepners Interest & Corporate Funding curves. Countries are rate rising7. Derivative positions on Equities, BTC, ETH, XRP & others8. ETH & BTC futures buying and spot buying of puts - more BTC calls being bought by Traders 9. Fiat markets, Economics, the FED, Stagflation,10 yr USD bond yield rate, & Social media10.VEchainTHOR, TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED ,FUNFAIR, BOSIC,TAPER, POLYGON,MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon, Binance,HBAR, Tezos, USDt, USDC, Cardano,Singapore,Bridge,Kusama,Bullish break out , bullish triangle, bearish,down 4 hour, 200 day moving average,Tezos , ADA, Civic, Wells Fargo, SEC, ENH,DOT,CHZ,JP Morgan,FED, US debt limit, debt ceiling,Facebook, Chainlink,Ripple & FOMC10. Technicals for Cryptos look much better11. Funding rates mixed, Trading models, Volatilities, Liquidity on Exchanges, Stats and other. Volatilities are lower which is good 12. Emerging markets still look VERY vulnerable - short-term rates higher13. Keep an eye on interest rate yields -10 year bond rates - curves are steepening yields rising - US 10 year bond yield at 1.53% now14. Equity markets look terrible here 15. Crypto Fear and Greed index is at 59 from 5416.Crypto news17. Ripple new clients plus the SEC and more 18. Stagflation is everywhere
Cryptocurrency & FinancialMarkets News & Stats5th Oct 2021.Today, I talk about the following:1. Bitcoin dominance moving higher - large volumes being bought today2. Bank of America and US Bank are coming to Cryptoland3. More Chinese property developers going broke4. Circle being looked at by SEC5. Equities markets are historically more vulnerable in Oct to the downside - look at Economic history...6. YIELDS CURVE GOING MUCH HIGHER in yield - Steepners Interest & Corporate Funding curves. Countries are rate rising7. Derivative positions on Equities, BTC, ETH, XRP & others8. ETH & BTC futures buying and spot buying of puts - more BTC calls being bought by Traders 9. Fiat markets, Economics, the FED, Stagflation,10 yr USD bond yield rate, & Social media10.VEchainTHOR, TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED ,FUNFAIR, BOSIC,TAPER, POLYGON,MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon, Binance,HBAR, Tezos, USDt, USDC, Cardano,Singapore,Bridge,Kusama,Bullish break out , bullish triangle, bearish,down 4 hour, 200 day moving average,Tezos , ADA, Civic, Wells Fargo, SEC, ENH,DOT,CHZ,JP Morgan,FED, US debt limit, debt ceiling,Facebook, Chainlink,Ripple & FOMC10. Technicals for Cryptos look much better11. Funding rates mixed, Trading models, Volatilities, Liquidity on Exchanges, Stats and other. Volatilities are lower which is good 12. Emerging markets still look VERY vulnerable - short-term rates higher13. Keep an eye on interest rate yields -10 year bond rates - curves are steepening yields rising - US 10 year bond yield at 1.53% now14. Equity markets look terrible here 15. Crypto Fear and Greed index is at 59 from 5416.Crypto news17. Ripple new clients plus the SEC and more 18. Stagflation is everywhere
Cryptocurrency & FinancialMarkets News & Stats5th Oct 2021.Today, I talk about the following:1. Bitcoin dominance moving higher - large volumes being bought today2. Bank of America and US Bank are coming to Cryptoland3. More Chinese property developers going broke4. Circle being looked at by SEC5. Equities markets are historically more vulnerable in Oct to the downside - look at Economic history...6. YIELDS CURVE GOING MUCH HIGHER in yield - Steepners Interest & Corporate Funding curves. Countries are rate rising7. Derivative positions on Equities, BTC, ETH, XRP & others8. ETH & BTC futures buying and spot buying of puts - more BTC calls being bought by Traders 9. Fiat markets, Economics, the FED, Stagflation,10 yr USD bond yield rate, & Social media10.VEchainTHOR, TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED ,FUNFAIR, BOSIC,TAPER, POLYGON,MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon, Binance,HBAR, Tezos, USDt, USDC, Cardano,Singapore,Bridge,Kusama,Bullish break out , bullish triangle, bearish,down 4 hour, 200 day moving average,Tezos , ADA, Civic, Wells Fargo, SEC, ENH,DOT,CHZ,JP Morgan,FED, US debt limit, debt ceiling,Facebook, Chainlink,Ripple & FOMC10. Technicals for Cryptos look much better11. Funding rates mixed, Trading models, Volatilities, Liquidity on Exchanges, Stats and other. Volatilities are lower which is good 12. Emerging markets still look VERY vulnerable - short-term rates higher13. Keep an eye on interest rate yields -10 year bond rates - curves are steepening yields rising - US 10 year bond yield at 1.53% now14. Equity markets look terrible here 15. Crypto Fear and Greed index is at 59 from 5416.Crypto news17. Ripple new clients plus the SEC and more 18. Stagflation is everywhere
Cryptocurrency & FinancialMarkets News & Stats5th Oct 2021.Today, I talk about the following:1. Bitcoin dominance moving higher - large volumes being bought today2. Bank of America and US Bank are coming to Cryptoland3. More Chinese property developers going broke4. Circle being looked at by SEC5. Equities markets are historically more vulnerable in Oct to the downside - look at Economic history...6. YIELDS CURVE GOING MUCH HIGHER in yield - Steepners Interest & Corporate Funding curves. Countries are rate rising7. Derivative positions on Equities, BTC, ETH, XRP & others8. ETH & BTC futures buying and spot buying of puts - more BTC calls being bought by Traders 9. Fiat markets, Economics, the FED, Stagflation,10 yr USD bond yield rate, & Social media10.VEchainTHOR, TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED ,FUNFAIR, BOSIC,TAPER, POLYGON,MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon, Binance,HBAR, Tezos, USDt, USDC, Cardano,Singapore,Bridge,Kusama,Bullish break out , bullish triangle, bearish,down 4 hour, 200 day moving average,Tezos , ADA, Civic, Wells Fargo, SEC, ENH,DOT,CHZ,JP Morgan,FED, US debt limit, debt ceiling,Facebook, Chainlink,Ripple & FOMC10. Technicals for Cryptos look much better11. Funding rates mixed, Trading models, Volatilities, Liquidity on Exchanges, Stats and other. Volatilities are lower which is good 12. Emerging markets still look VERY vulnerable - short-term rates higher13. Keep an eye on interest rate yields -10 year bond rates - curves are steepening yields rising - US 10 year bond yield at 1.53% now14. Equity markets look terrible here 15. Crypto Fear and Greed index is at 59 from 5416.Crypto news17. Ripple new clients plus the SEC and more 18. Stagflation is everywhere
Cryptocurrency & FinancialMarkets News & Stats5th Oct 2021.Today, I talk about the following:1. Bitcoin dominance moving higher - large volumes being bought today2. Bank of America and US Bank are coming to Cryptoland3. More Chinese property developers going broke4. Circle being looked at by SEC5. Equities markets are historically more vulnerable in Oct to the downside - look at Economic history...6. YIELDS CURVE GOING MUCH HIGHER in yield - Steepners Interest & Corporate Funding curves. Countries are rate rising7. Derivative positions on Equities, BTC, ETH, XRP & others8. ETH & BTC futures buying and spot buying of puts - more BTC calls being bought by Traders 9. Fiat markets, Economics, the FED, Stagflation,10 yr USD bond yield rate, & Social media10.VEchainTHOR, TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED ,FUNFAIR, BOSIC,TAPER, POLYGON,MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon, Binance,HBAR, Tezos, USDt, USDC, Cardano,Singapore,Bridge,Kusama,Bullish break out , bullish triangle, bearish,down 4 hour, 200 day moving average,Tezos , ADA, Civic, Wells Fargo, SEC, ENH,DOT,CHZ,JP Morgan,FED, US debt limit, debt ceiling,Facebook, Chainlink,Ripple & FOMC10. Technicals for Cryptos look much better11. Funding rates mixed, Trading models, Volatilities, Liquidity on Exchanges, Stats and other. Volatilities are lower which is good 12. Emerging markets still look VERY vulnerable - short-term rates higher13. Keep an eye on interest rate yields -10 year bond rates - curves are steepening yields rising - US 10 year bond yield at 1.53% now14. Equity markets look terrible here 15. Crypto Fear and Greed index is at 59 from 5416.Crypto news17. Ripple new clients plus the SEC and more 18. Stagflation is everywhere
Crypto & Financial MarketsNews 22nd June 2021Crypto markets lookreally bearish stillA MONTH OF SELLINGHow much to go?????Today I talk about the following:1. The Crypto markets continue to sell off - extreme fear indicator shows market is fearful / whilst the equity markets rally doesn't make sense?2.Selling of physical, futures and options3. More Chinese regulations against Cryptos4.When will the selling stop? in Cryptoland5.Another DEFI hack6.Fiat markets, social media, economics and more7.LTC now has smart contracts - competitor to Ethereum8.STAGFLATION9.The FED is just wrong re Inflation10.Next level technically for BTC 25000?11.STAGFLATION,LTC, EBAY,FTX,PAYPAL,QTUM,POLYGON,SXP,BNB,OKEX,FUN,BYBIT,HT,KUCOIN,WAVES,FILECOINS.BYBIT, THOR,TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED BOSIC,TAPER, POLYGON, MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman, Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon Bridge,Kusama,Bullish break out , bullish triangle, 4 hour, 200 day moving average,Tezos WWW, DHOFAR,FINANCE,INVWXT,ridge,PRO,DOT,LINK,SOL,BiTSTAMP,SOLDITY,RUST,NOKIA,WEB3,MARK CARNEGIE,TRAVEL RULE, MASTER CARD SURVEY, MIKE NOVOGRATZ, GALAXY,BITGO, QTUM,OMG,NFT's,BITSO,Pantera Capital, Goldman Sachs ,BCH, UBS, CITIBANK, OPERATIONAL RISKS, AGI,ALGO,MUSK,INSTITUTIONS, ETC, FLOW,ETH,ETC,XRP,BTC,CHZ.DOGE,HACKED, EOS, PETER DRUCKENT MILLER, PETER THIEL, NOMURA , EOS,ETC,ada,chz,mercado libre,citibank, Tron network, BSC , BINANCE , ,Paul Tudor Jones,George Soros,Cowen Investments & more.
Crypto & Financial MarketsNews 22nd June 2021Crypto markets lookreally bearish stillA MONTH OF SELLINGHow much to go????? Today I talk about the following:1. The Crypto markets continue to sell off - extreme fear indicator shows market is fearful / whilst the equity markets rally doesn't make sense?2.Selling of physical, futures and options3. More Chinese regulations against Cryptos4.When will the selling stop? in Cryptoland5.Another DEFI hack6.Fiat markets, social media, economics and more7.LTC now has smart contracts - competitor to Ethereum8.STAGFLATION9.The FED is just wrong re Inflation10.Next level technically for BTC 25000?11.STAGFLATION,LTC, EBAY,FTX,PAYPAL,QTUM,POLYGON,SXP,BNB,OKEX,FUN,BYBIT,HT,KUCOIN,WAVES,FILECOINS.BYBIT, THOR,TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED BOSIC,TAPER, POLYGON, MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman, Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon Bridge,Kusama,Bullish break out , bullish triangle, 4 hour, 200 day moving average,Tezos WWW, DHOFAR,FINANCE,INVWXT,ridge,PRO,DOT,LINK,SOL,BiTSTAMP,SOLDITY,RUST,NOKIA,WEB3,MARK CARNEGIE,TRAVEL RULE, MASTER CARD SURVEY, MIKE NOVOGRATZ, GALAXY,BITGO, QTUM,OMG,NFT's,BITSO,Pantera Capital, Goldman Sachs ,BCH, UBS, CITIBANK, OPERATIONAL RISKS, AGI,ALGO,MUSK,INSTITUTIONS, ETC, FLOW,ETH,ETC,XRP,BTC,CHZ.DOGE,HACKED, EOS, PETER DRUCKENT MILLER, PETER THIEL, NOMURA , EOS,ETC,ada,chz,mercado libre,citibank, Tron network, BSC , BINANCE , ,Paul Tudor Jones,George Soros,Cowen Investments & more.
Crypto & Financial MarketsNews 22nd June 2021Crypto markets lookreally bearish stillA MONTH OF SELLINGHow much to go?????Today I talk about the following:1. The Crypto markets continue to sell off - extreme fear indicator shows market is fearful / whilst the equity markets rally doesn't make sense?2.Selling of physical, futures and options3. More Chinese regulations against Cryptos4.When will the selling stop? in Cryptoland5.Another DEFI hack6.Fiat markets, social media, economics and more7.LTC now has smart contracts - competitor to Ethereum8.STAGFLATION9.The FED is just wrong re Inflation10.Next level technically for BTC 25000?11.STAGFLATION,LTC, EBAY,FTX,PAYPAL,QTUM,POLYGON,SXP,BNB,OKEX,FUN,BYBIT,HT,KUCOIN,WAVES,FILECOINS.BYBIT, THOR,TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED BOSIC,TAPER, POLYGON, MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman, Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon Bridge,Kusama,Bullish break out , bullish triangle, 4 hour, 200 day moving average,Tezos WWW, DHOFAR,FINANCE,INVWXT,ridge,PRO,DOT,LINK,SOL,BiTSTAMP,SOLDITY,RUST,NOKIA,WEB3,MARK CARNEGIE,TRAVEL RULE, MASTER CARD SURVEY, MIKE NOVOGRATZ, GALAXY,BITGO, QTUM,OMG,NFT's,BITSO,Pantera Capital, Goldman Sachs ,BCH, UBS, CITIBANK, OPERATIONAL RISKS, AGI,ALGO,MUSK,INSTITUTIONS, ETC, FLOW,ETH,ETC,XRP,BTC,CHZ.DOGE,HACKED, EOS, PETER DRUCKENT MILLER, PETER THIEL, NOMURA , EOS,ETC,ada,chz,mercado libre,citibank, Tron network, BSC , BINANCE , ,Paul Tudor Jones,George Soros,Cowen Investments & more.
Crypto & Financial MarketsNews 22nd June 2021Crypto markets lookreally bearish stillA MONTH OF SELLINGHow much to go????? Today I talk about the following:1. The Crypto markets continue to sell off - extreme fear indicator shows market is fearful / whilst the equity markets rally doesn't make sense?2.Selling of physical, futures and options3. More Chinese regulations against Cryptos4.When will the selling stop? in Cryptoland5.Another DEFI hack6.Fiat markets, social media, economics and more7.LTC now has smart contracts - competitor to Ethereum8.STAGFLATION9.The FED is just wrong re Inflation10.Next level technically for BTC 25000?11.STAGFLATION,LTC, EBAY,FTX,PAYPAL,QTUM,POLYGON,SXP,BNB,OKEX,FUN,BYBIT,HT,KUCOIN,WAVES,FILECOINS.BYBIT, THOR,TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED BOSIC,TAPER, POLYGON, MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman, Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon Bridge,Kusama,Bullish break out , bullish triangle, 4 hour, 200 day moving average,Tezos WWW, DHOFAR,FINANCE,INVWXT,ridge,PRO,DOT,LINK,SOL,BiTSTAMP,SOLDITY,RUST,NOKIA,WEB3,MARK CARNEGIE,TRAVEL RULE, MASTER CARD SURVEY, MIKE NOVOGRATZ, GALAXY,BITGO, QTUM,OMG,NFT's,BITSO,Pantera Capital, Goldman Sachs ,BCH, UBS, CITIBANK, OPERATIONAL RISKS, AGI,ALGO,MUSK,INSTITUTIONS, ETC, FLOW,ETH,ETC,XRP,BTC,CHZ.DOGE,HACKED, EOS, PETER DRUCKENT MILLER, PETER THIEL, NOMURA , EOS,ETC,ada,chz,mercado libre,citibank, Tron network, BSC , BINANCE , ,Paul Tudor Jones,George Soros,Cowen Investments & more.
Crypto & Financial MarketsNews 22nd June 2021Crypto markets lookreally bearish stillA MONTH OF SELLINGHow much to go????? Today I talk about the following:1. The Crypto markets continue to sell off - extreme fear indicator shows market is fearful / whilst the equity markets rally doesn't make sense?2.Selling of physical, futures and options3. More Chinese regulations against Cryptos4.When will the selling stop? in Cryptoland5.Another DEFI hack6.Fiat markets, social media, economics and more7.LTC now has smart contracts - competitor to Ethereum8.STAGFLATION9.The FED is just wrong re Inflation10.Next level technically for BTC 25000?11.STAGFLATION,LTC, EBAY,FTX,PAYPAL,QTUM,POLYGON,SXP,BNB,OKEX,FUN,BYBIT,HT,KUCOIN,WAVES,FILECOINS.BYBIT, THOR,TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED BOSIC,TAPER, POLYGON, MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman, Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon Bridge,Kusama,Bullish break out , bullish triangle, 4 hour, 200 day moving average,Tezos WWW, DHOFAR,FINANCE,INVWXT,ridge,PRO,DOT,LINK,SOL,BiTSTAMP,SOLDITY,RUST,NOKIA,WEB3,MARK CARNEGIE,TRAVEL RULE, MASTER CARD SURVEY, MIKE NOVOGRATZ, GALAXY,BITGO, QTUM,OMG,NFT's,BITSO,Pantera Capital, Goldman Sachs ,BCH, UBS, CITIBANK, OPERATIONAL RISKS, AGI,ALGO,MUSK,INSTITUTIONS, ETC, FLOW,ETH,ETC,XRP,BTC,CHZ.DOGE,HACKED, EOS, PETER DRUCKENT MILLER, PETER THIEL, NOMURA , EOS,ETC,ada,chz,mercado libre,citibank, Tron network, BSC , BINANCE , ,Paul Tudor Jones,George Soros,Cowen Investments & more.
Crypto & Financial MarketsNews 22nd June 2021Crypto markets lookreally bearish stillA MONTH OF SELLINGHow much to go?????Today I talk about the following:1. The Crypto markets continue to sell off - extreme fear indicator shows market is fearful / whilst the equity markets rally doesn't make sense?2.Selling of physical, futures and options3. More Chinese regulations against Cryptos4.When will the selling stop? in Cryptoland5.Another DEFI hack6.Fiat markets, social media, economics and more7.LTC now has smart contracts - competitor to Ethereum8.STAGFLATION9.The FED is just wrong re Inflation10.Next level technically for BTC 25000?11.STAGFLATION,LTC, EBAY,FTX,PAYPAL,QTUM,POLYGON,SXP,BNB,OKEX,FUN,BYBIT,HT,KUCOIN,WAVES,FILECOINS.BYBIT, THOR,TEZOS,ROBINHOOD, COINBASE,fidelity, stone investments, BTT, PAXOS, BANK OF AMERICA, WAR, ISRAEL, SEC,FED KAPLAN,FED BOSIC,TAPER, POLYGON, MATIC, SHINU, ALPHA, BTC EFT, SAXO BANK, COINBASE,Bank of Oman, Bank of America,Paxful,OKcoin, Musk,ENJ,JP Morgan,Polygon Bridge,Kusama,Bullish break out , bullish triangle, 4 hour, 200 day moving average,Tezos WWW, DHOFAR,FINANCE,INVWXT,ridge,PRO,DOT,LINK,SOL,BiTSTAMP,SOLDITY,RUST,NOKIA,WEB3,MARK CARNEGIE,TRAVEL RULE, MASTER CARD SURVEY, MIKE NOVOGRATZ, GALAXY,BITGO, QTUM,OMG,NFT's,BITSO,Pantera Capital, Goldman Sachs ,BCH, UBS, CITIBANK, OPERATIONAL RISKS, AGI,ALGO,MUSK,INSTITUTIONS, ETC, FLOW,ETH,ETC,XRP,BTC,CHZ.DOGE,HACKED, EOS, PETER DRUCKENT MILLER, PETER THIEL, NOMURA , EOS,ETC,ada,chz,mercado libre,citibank, Tron network, BSC , BINANCE , ,Paul Tudor Jones,George Soros,Cowen Investments & more.
Dr. Ian Lustbader, Clinical Professor of Medicine at NYU Langone, discusses the need for people to continue wearing masks in certain situations. Bloomberg Businessweek Editor Joel Weber talks about the magazine's "How To" issue with advice on everything from how to make a cocktail to how to be a better tipper. Bloomberg Economics Chief Economist Tom Orlik discusses today's Bloomberg Big Take story World-Dominating Superfirms Get Bigger, Techier and More Chinese. And we Drive to the Close with Katerina Simonetti, Senior Vice President at Morgan Stanley Private Wealth Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Lauren Sauer, Johns Hopkins University Associate Professor of Emergency Medicine, discusses the latest coronavirus news. Bill Studebaker, President and CIO at ROBO Global, discusses technology ETFs. Tom Orlik, Chief Economist for Bloomberg Economics, discusses the Big Take story of the day: "World-Dominating Superstar Firms Get Bigger, Techier, and More Chinese." Kyle Stock, Senior Correspondent for Bloomberg News, discusses the new electric Ford truck, the Lightning. Hosted by Paul Sweeney and Matt Miller.
Dr. Ian Lustbader, Clinical Professor of Medicine at NYU Langone, discusses the need for people to continue wearing masks in certain situations. Bloomberg Businessweek Editor Joel Weber talks about the magazine's "How To" issue with advice on everything from how to make a cocktail to how to be a better tipper. Bloomberg Economics Chief Economist Tom Orlik discusses today's Bloomberg Big Take story World-Dominating Superfirms Get Bigger, Techier and More Chinese. And we Drive to the Close with Katerina Simonetti, Senior Vice President at Morgan Stanley Private Wealth Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
ST Sports Talk Ep 126: More Chinese footballers, and a SEA Games gold by 2029? 11:23 mins Synopsis: The Straits Times tackles the biggest sports talking points every month. In the final of a three-part series, ST sports editor Lee Yulin and sports correspondent Sazali Abdul Aziz chat with the two men spearheading the government's ambitious Unleash The Roar! project to lift Singapore football standards with the goal of getting the national team to the 2034 World Cup. Their guests, Lim Teck Yin, chief executive officer of national sports agency Sport Singapore, and Bernard Tan, deputy president of the Football Association of Singapore, share how harnessing an untapped segment of the population could help achieve such targets, and by when. They discuss: Can Singapore harness more Chinese talents? (1:06) Timing of milestones targeted under the project (5:23) A message to the Singapore public (7:29) Produced by: Sazali Abdul Aziz (msazali@sph.com.sg), Ernest Luis & Penelope Lee Edited by: Penelope Lee Subscribe to the ST Sports Talk podcast series and rate us on your favourite audio apps: Channel: https://str.sg/JWRE Apple Podcasts: https://str.sg/JWRa Spotify: https://str.sg/JW6N Google Podcasts: https://str.sg/JX88 Website: http://str.sg/stpodcasts Feedback to: podcast@sph.com.sg Follow Sazali Abdul Aziz on Twitter: https://str.sg/JbxS Read his stories: https://str.sg/Jbxq --- Discover more ST podcast series: Asian Insider Podcast: https://str.sg/JWa7 Green Pulse Podcast: https://str.sg/JWaf Health Check Podcast: https://str.sg/JWaN Life Weekend Picks Podcast: https://str.sg/JWa2 #PopVultures Podcast: https://str.sg/JWad Bookmark This! Podcast: https://str.sg/JWas Lunch With Sumiko Podcast: https://str.sg/J6hQ Discover BT Podcasts: http://bt.sg/podcasts Follow our shows then, if you like short, practical podcasts! See omnystudio.com/listener for privacy information.
ST Sports Talk Ep 126: More Chinese footballers, and a SEA Games gold by 2029? 11:23 mins Synopsis: The Straits Times tackles the biggest sports talking points every month. In the final of a three-part series, ST sports editor Lee Yulin and sports correspondent Sazali Abdul Aziz chat with the two men spearheading the government's ambitious Unleash The Roar! project to lift Singapore football standards with the goal of getting the national team to the 2034 World Cup. Their guests, Lim Teck Yin, chief executive officer of national sports agency Sport Singapore, and Bernard Tan, deputy president of the Football Association of Singapore, share how harnessing an untapped segment of the population could help achieve such targets, and by when. They discuss: Can Singapore harness more Chinese talents? (1:06) Timing of milestones targeted under the project (5:23) A message to the Singapore public (7:29) Produced by: Sazali Abdul Aziz (msazali@sph.com.sg), Ernest Luis & Penelope Lee Edited by: Penelope Lee Subscribe to the ST Sports Talk podcast series and rate us on your favourite audio apps: Channel: https://str.sg/JWRE Apple Podcasts: https://str.sg/JWRa Spotify: https://str.sg/JW6N Google Podcasts: https://str.sg/JX88 Website: http://str.sg/stpodcasts Feedback to: podcast@sph.com.sg Follow Sazali Abdul Aziz on Twitter: https://str.sg/JbxS Read his stories: https://str.sg/Jbxq --- Discover more ST podcast series: Asian Insider Podcast: https://str.sg/JWa7 Green Pulse Podcast: https://str.sg/JWaf Health Check Podcast: https://str.sg/JWaN Life Weekend Picks Podcast: https://str.sg/JWa2 #PopVultures Podcast: https://str.sg/JWad Bookmark This! Podcast: https://str.sg/JWas Lunch With Sumiko Podcast: https://str.sg/J6hQ Discover BT Podcasts: http://bt.sg/podcasts Follow our shows then, if you like short, practical podcasts! See omnystudio.com/listener for privacy information.
Another conservative canceled, Mark Cuban Ditches the national anthem, More Chinese influence in our government, and some news about the debt. Show Notes: Cuomo Aide admits they hid nursing home death data from the feds: https://nypost.com/2021/02/11/cuomo-aide-admits-they-hid-nursing-home-data-from-feds/ Gina Carino's Tweets That Got her fired: https://nypost.com/2021/02/11/see-gina-caranos-tweets-and-posts-that-got-her-fired/ Project Veritas Permanently Suspended From Twitter: https://redstate.com/nick-arama/2021/02/11/its-getting-serious-twitter-has-permanently-suspended-project-veritas-over-report-on-big-tech-n325629 Dallas Mavericks Stopped Playing The National Anthem: https://www.espn.com/nba/story/_/id/30869922/dallas-mavericks-stopped-playing-national-anthem-home-games-owner-mark-cuban-direction Biden Scraps Plan To Track Chinese Influence In US Schools: https://www.dailywire.com/news/biden-drops-plan-to-track-chinese-communist-influence-in-american-schools-report Biden's CIA pick has deep ties to China: https://dailycaller.com/2021/02/08/william-burns-joe-biden-cia-china-carnegie/ US Government Brokers a Meeting Looking To Promote A Taliban Pipeline in The Middle East: https://www.washingtonexaminer.com/opinion/biden-kills-pipelines-at-home-but-promotes-them-for-the-taliban North And South Dakota Fighting Back Against Executive Orders: https://redstate.com/brandon_morse/2021/02/08/new-north-dakota-bill-would-allow-the-state-to-ignore-executive-orders-from-biden-n323680 Federal Deficit to hit 2.3 Trillion In 2021: https://www.washingtonexaminer.com/news/federal-debt-exceed-gdp-in-2021 Gas Hits Highest Price in 12 months: https://www.foxbusiness.com/politics/gas-hits-highest-price-in-12-months-as-progressives-pressure-biden-to-cancel-more-pipelines Nikki Haley slams trump: https://www.politico.com/interactives/2021/magazine-nikki-haleys-choice/ Biden May Restrict Travel To Florida: https://www.mcclatchydc.com/news/politics-government/white-house/article249154715.html Response from desantis video A year without a combat death in Afghanistan: https://bongino.com/u-s-goes-one-year-without-combat-deaths-in-afghanistan Quick Headlines: No New Step in Tik Tok Deal under Biden: https://www.theepochtimes.com/white-house-no-new-proactive-step-on-tiktok-deal-under-biden_3692587.html/amp 14 State Attorney Generals considering legal options over Pipeline decision: https://twitter.com/MikeEmanuelFox/status/1359213897996238860 Army Having Second Thoughts About Gender Neutral Fitness Testing: https://dailycaller.com/2021/02/11/army-reconsidering-gender-neutral-fitness-test-combat-acft-military/ Biden Has Yet To Call Irsaeli Prime Minister: https://freebeacon.com/biden-administration/republican-leaders-slam-biden-for-not-calling-israeli-pm-netanyahu/ Open Border With Mexico: https://www.washingtonexaminer.com/news/mexican-president-borders-not-open-biden-administration Feds To Investigate Gamestop Situation: https://www.wsj.com/articles/gamestop-mania-is-focus-of-federal-probes-into-possible-manipulation-11613066950 Please like, share, and subscribe You have criticisms, recommendations, or topics for new videos: thefederalistfiles@gmail.com Youtube: https://youtube.com/channel/UCrPbNN9i70MoE83sjtJpthQ Catch this podcast on apple podcasts: https://podcasts.apple.com/us/podcast/the-federalist-files/id1536517953 Spotify: https://open.spotify.com/show/0hpUFhzr8AXqXLKl6daQKq iheart radio: https://www.iheart.com/podcast/269-the-federalist-files-73615284/ Rumble: https://rumble.com/user/Thefederalistfiles
①Shijiazhuang initiates 2nd round of testing ②China, Africa face urgent need to strengthen anti-COVID-19 cooperation: Chinese FM ③Global COVID-19 cases surpass 90 mln ④Indonesia team recovers part thought to be engine ⑤More Chinese overseas talents choose return home country
More sexism in the wine industry: French publication En Magnum criticized for sexist cartoon - More Chinese tariffs on Australian wine while UK removes tariffs on US drinks - Wine glut in South Africa with excess 300m liters of wine - Wine of the Week: Vinho Verde
More Chinese financial institutions are implicated in an investigation on a bond default. China sells bonds at negative rate for the first time. Brilliance Auto enters restructuring. Carlyle plans to invest more in the country's new economy sectors. Plus, most American companies in China bullish on the prospects of a Biden administration.
Today, we will invite one of our old friends Benjamin Qiu, Partner of Loeb & Loeb, an international law firm based in the US and Asia. He has over 15-year experience in working with high growth companies in China and big VC firms such as GGV and Sequoia Capital. He is the perfect person to answer our questions and expand on the future outlook of the post-covid startup world. We will also talk about the relationship between China and other Asian markets including Southeast Asia and India, and how the recent events will change the way that China invests in those regions.Show Notes:02:01 Introduce Benjamin Qiu02:41 More Chinese tech companies got listed in overseas markets05:02 China's financial policy reforms08:42 How the pandemic has impacted investors' investment deals12:54 Reasons behind the fast market recovery in China16:05 Trends about China going to Southeast Asia20:43 The impact created by the geopolitical intensions between China and India Many thanks to our guest Benjamin Qiu; host Oscar Ramos; producers Eva Shi and Sagar Chaudhary; editor David; organizer Chinaccelerator; and sponsor People Squared. Be sure to check out our website www.chinaccelerator.comShare, subscribe, review, enjoy!Follow us on LinkedIn: www.linkedin.com/company/the-china-startup-pulse/Email us: team@chinastartuppulse.com
The pandemic has changed the way how we meet, do business and plan for the future, but has it slowed down the pace of Chinese technology companies going public in overseas markets? Absolutely not! Chinese companies are coming out as winners, as now they are looking into overseas markets to secure more financing. In today's episode, we asked the hard questions. How has the pandemic impacted on global financial markets? What has changed in 2020 when it comes to Chinese technology companies and the relationship between China and other markets? And what do these changes mean from a policy and legal perspective? Today, we will invite one of our old friends Benjamin Qiu, Partner of Loeb & Loeb, an international law firm based in the US and Asia. He has over 15-year experience in working with high growth companies in China and big VC firms such as GGV and Sequoia Capital. He is the perfect person to answer our questions and expand on the future outlook of the post-covid startup world. We will also talk about the relationship between China and other Asian markets including Southeast Asia and India, and how the recent events will change the way that China invests in those regions.Show Notes:02:01 Introduce Benjamin Qiu02:41 More Chinese tech companies got listed in overseas markets05:02 China's financial policy reforms08:42 How the pandemic has impacted investors' investment deals12:54 Reasons behind the fast market recovery in China16:05 Trends about China going to Southeast Asia20:43 The impact created by the geopolitical intensions between China and India Many thanks to our guest Benjamin Qiu; host Oscar Ramos; producers Eva Shi and Sagar Chaudhary; editor David; organizer Chinaccelerator; and sponsor People Squared. Be sure to check out our website www.chinaccelerator.comShare, subscribe, review, enjoy!Follow us on LinkedIn: www.linkedin.com/company/the-china-startup-pulse/Email us: team@chinastartuppulse.com
The gang is back and not quite as pissed as last podcast. Stupid shit that is happening around the country. More Chinese snacks. Just a general good time and the guys having dumb conversations. Get in touch at insignificast@mail.com. Thanks for listening.
Kia ora,Welcome to Friday's Economy Watch where we follow the economic events and trends that affect New Zealand.I'm David Chaston and this is the International edition from Interest.co.nz.Today we lead with news China is in recovery mode as the US and Europe jerk backwards.First in the US, last week’s level of jobless claims has taken the total past 33 mln and that is now 20% of their workforce. The weekly tally came in higher than analysts were expecting. We will get official data tomorrow, but it is certain to be ugly. A key number to watch is their participation rate.Job cut tracking has spiked to the highest ever in the survey that started in 1993.The US is experiencing a wave of company bankruptcies and the wave is expected to get very much larger. It is also expected to overwhelm the US bankruptcy court system.In China there was a surprise rise in April exports, but imports tumbled - but that tumble didn't include trade with New Zealand although it did with Australia. That saw their overall trade surplus swell. They ran a +US$463 mln surplus with the US in the month, and a -US$46 mln deficit with New Zealand. Surprisingly, they actually ran only a -US$17 mln trade deficit with Australia, surprising because the March quarter deficit was huge. It means that Australia's vast trade surpluses may be coming to an end. No wonder the Aussie iron ore magnates are jumpy these days.China's services sector is still contracting however, but compared with most other countries it is relatively modest, and the April contraction was less than the prior month and well past their steep February contraction.And China's foreign exchange reserves actually rose in April with a small but unexpected gain. A small fall was expected.More Chinese stimulus is on the way with various local governments rolling out some huge projects.And China's carmakers shipped 2 mln vehicles in April, a +1% rise from the same month a year earlier and an indication their industry may be turning a corner positively. This is most unusual data on a worldwide basis.In Europe, Airbus said deliveries tumbled -80% to just 14 aircraft in April.The English central bank has warned it is facing its most severe depression in 300 years with a massive -30% fall in Q2 GDP that the same period in 2019. [Advert]Now, we have an urgent message for you today.If you value this report and want to ensure to is available in the future, we ask you go on to interest.co.nz and show that support by clicking on the “Become a Supporter” button at the top of any page.If you have already done so, our grateful thanks. But we urgently need more readers and listeners to join in.Good journalism and independent financial news coverage is an expensive business and we need your support to keep doing what we do. The latest compilation of Covid-19 data is here. The global tally is now 3,784,100 and up +77,000 from this time yesterday and an unchanged level of increase.Now, just under 33% of all cases globally are in the US, which is up +21,000 since this time yesterday to 1,232,000. This is an unchanged rate of increase. US deaths are now more than 74,000. Global deaths now exceed 260,000. The infection accelerations in Russia, Brazil and India are getting very serious now with all countries suffering huge overnight spikes. We should also note that both Sweden and the UK are the only two European countries that are not getting on top of their epidemic with new infections staying high or rising.In Australia, there are now 6896 cases (+20 since yesterday), 97 deaths (unchanged) and a higher recovery rate of just under 88%. 58 people are in hospital there (-4) with 23 in ICU (-4).There are 1489 Covid-19 cases identified in New Zealand, with one new case yesterday, down from two the day before. Twenty-one people have died, almost all geriatric patients. There are just two people left in hospital with the disease, and none are in ICU. Our recovery rate is now up over 89% and still rising.Prices for hard commodities like iron ore and coking coal are both moving higher based on Chinese demand. Earlier in the March quarter, shipments of these commodities from Australia to China has delivered a record trade surplus for them of AU$10.6 bln in March alone.Wall Street is higher today, and more US states move to re-open for business. The S&P500 is up +1.3% so far, and overnight European markets rose a bit more, up about +1.5% on the same news. Yesterday, both Shanghai and Hong Kong markets slipped lower while Tokyo registered a small gain. The ASX200 slipped as well, but the NZX50 posted a +0.7% rise.The UST 10yr yield is falling in trade in New York, now just over 0.63% and a -8 bps retreat. Gold is sharply higher today, up +US$35 to US$1,720/oz making back all of yesterday's sharp drop, and more.Oil prices are little-changed today. In the US, they are currently at just on US$24/bbl which is a marginal firming. International oil prices are just on US$30/bbl.The Kiwi dollar is +¾c higher overnight, and is now at 60.9 USc on a dipping greenback. On the cross rates we are unchanged at 93.7 AUc. Against the euro we are +½c firmer at 56.2 euro cents. These rises mean the TWI-5 is up to 66.8.Bitcoin is higher again today, up another +6.5% to US$9,873 which means it has risen +US$1000 in just six days.You can find links to the articles mentioned today in our show notes.Get more news affecting the economy in New Zealand from interest.co.nz.Tell your friends and email us a review - we welcome feedback.
In this video i'm talking about MORE Chinese xenophobia happening to the Africans in china. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
SpaceTime with Stuart Gary | Astronomy, Space & Science News
The astronomy and space science news podcast.Stream podcast episodes on demand from www.bitesz.com/spacetime (mobile friendly). SpaceTime with Stuart Gary Series 23 Episode 29*NASA Canberra upgrade to affect the Voyager 2 spacecraftNASA is undertaking a critical upgrade of its 70 metre Deep Space Network radio antenna near Canberra (Australia). *A whole new generation of European Launch Vehicles about the flyThe European Space Agency is preparing to begin flights with two new rocket launch systems this year the Ariane 6 and the Vega-C. *A new mission to study Giant Solar Particle StormsNASA has selected a new mission to study how the Sun generates and releases giant space weather events - known as solar particle storms. *More Chinese military spy satellites launchedChina has launched another three Yaogan-30 signet intelligence-gathering reconnaissance satellites. *The Science ReportClaims 42,000 people have died in Wuhan from COVID-19 rather than the 3,300 claimed by Beijing. Studies show the number of intensive care COVID-19 patients in Italy increased exponentially for 18 days.20 percent of people over 80 infected with COVID-19 likely to require hospitalization.Discovery of a new species of velociraptor in New Mexico.Could Australia have the longest continuous cliff line in the world? Sponsor Link:This episode of SpaceTime is made possible with the help of Express VPN….rated No.1 by TechRadar. It’s all about your security online. To take up our free offer visit www.tryexpressvpn.com/space For enhanced Show Notes including photos to accompany this episode, visit: http://www.bitesz.com/spacetimeshownotes Get immediate access to over 180 commercial-free, double episode editions of SpaceTime plus extended interview bonus content. Subscribe via Patreon or Supercast....and share in the rewards. Details at www.patreon.com/spacetimewithstuartgary or if you’re not a fan of Patreon, go to Supercast - https://bitesznetwork.supercast.tech/RSS feed: https://rss.acast.com/spacetime Email: SpaceTime@bitesz.com To receive the Astronomy Daily Newsletter free, direct to your inbox...just join our mailing list at www.bitesz.com/mailinglist Support this show http://supporter.acast.com/spacetime. See acast.com/privacy for privacy and opt-out information.
More Chinese scientist shenanigans' with vials of suspected viruses, two different kinds of vaccines being developed currently, national dems taking a back seat to Trump's two trillion dollar infrastructure fix, doomsday warning walked back by original predictor in UK, recent king 5 polling done between Trump and Inslee.
Each day I’m getting a little more concerned about the coronavirus outbreak of Covid 19.I’ve always bit a bit concerned but optimistic that this will pass quickly and life and trade will go back to normal.After all the last coronavirus, SARS, came and went. A virus that was more deadly than this current one.But there’s a couple of things that have got me more worried.When I interviewed Health Minister David Clark yesterday on the extension of Chinese visitor bans, I said the often quoted argument that influenza kills more people but we don’t ban visits from infected areas. David agreed but said the difference is that we have vaccines for flu.Until we create a medical wall against the spread of the virus, then the physical wall of visitor bans will have to stay in place unless the virus peters out, which it doesn’t look like doing.And then there was a piece in the South China Morning Post that warned that Covid 19 was going to be more damaging to the Chinese economy than SARS.Put simply, the virus may be less deadly but it’s more catchy and it’s therefore not petering out and the quarantining, which is what hurts the economy, is going to go on for longer.SARS killed 800 quickly. It cut two percentage points from China’s real GDP growth in the second quarter of 2003 and caused US$50 billion of damage to the global economy.These days the Chinese economy is four times bigger than it was 17 years ago and we’re all a lot more connected and dependent on China.The outbreak happened in the Lunar New Year holiday when everyone was travelling spreading this catchy little virus far and wide. More Chinese holiday now than 17 years ago, making it harder to quarantine it out of existence.Hospitality, retail, air travel, transport, entertainment and tourism will be among the sectors hardest hit, sectors that have grown the fastest in China as they move away from manufacturing into services and consumption.Add all this into the continuing friction with the US with the tariff wars, the number of moribund economies around the globe and the forthcoming Brexit bubble and the South China Morning Post thinks the chance of a Chinese economic meltdown are higher now than ever before.You and I are not going to die of Covid 19. We’ll probably not even catch it. But the economy will be getting a chill if not a full blown illness.Meanwhile, I heard Simon Bridges this morning promising 3 per cent growth under National because he says his party are just better at this economy stuff. Good luck with that, Simon.
More Chinese men using facial moisturizer than in any other country (64% compared with a 10% global average) and face wash (63% compared with 25% globally).
More Chinese ass-kissing. Cowards of the country. Kylie Jenner could help save the country! More destruction brought to you by private equity. The Matt Lauer story is fishy. Pipeline crisis in the USA. Softbank and idiot investors. Trump fights back.
More Chinese ass-kissing. Cowards of the country. Kylie Jenner could help save the country! More destruction brought to you by private equity. The Matt Lauer story is fishy. Pipeline crisis in the USA. Softbank and idiot investors. Trump fights back.
Subscribe to our weekly e-newsletter: blog.evergreengavekal.com Last Friday subscribers read Gavekal Research's piece, Investing for a New Cold War. Today on the Evergreen Exchange, listen to Evergreen CEO Tyler Hay interview Gavekal founder Louis Gave on this topic and more, complete with thought-provoking debate and lively banter. The conversation between Tyler and Louis provides clarity on an issue that has dominated the news during Trump's presidency: will China surpass the U.S. as the world's greatest economic superpower? Louis built his career in Hong Kong and was once even called one of the “smartest men in Asia” by Bloomberg. If you have a WSJ subscription, read his most recent interview with Barron’s: bit.ly/2xIXPbn Listeners can skip through the sections indicated below if they wish to revisit points or only hear certain topics. 3:00 Is this the new face of war? 4:15 The current tensions with China are not the beginning of WWIII, but rather a new cold war. 5:45 Chinese people’s view of the U.S. was one of admiration until recent rhetoric portrayed the U.S.’s overarching goal as stifling China’s economic growth. 11:30 Trump has shifted his focus sharply toward trade tensions to detract attention from more concrete unfulfilled campaign promises—literally concrete ones, such as the border wall. 14:00 The tech sector wanted better intellectual property rights enforcement; they were not prepared to be the battleground. 17:00 More Chinese young adults are attending college than their American counterparts, and there are approximately 10x as many pursuing degrees in S.T.E.M. (science, technology, engineering, mathematics) fields. 25:00 China fell into communism after 125 years of social unrest, as a protection against cultural instability. Now it has become apparent that China is a profoundly capitalistic country on which socialism was imposed. We are experiencing the correction of that misalignment. 38:00 There is no way to know what a potential deal with China would look like, as it will be completely dependent on who Trump runs against in the 2020 election. If it’s Biden, Trump would seek to demonstrate superior foreign negotiation skill. If it’s Bernie, he’d seek a deal that reinvigorates loyalty with the working class. The trade war is a tool for his reelection campaign. 41:00 We must decide whether or not we believe that central banks create wealth. Does encouraging one to spend tomorrow’s money today promote sustainable growth? 46:00 Increasingly, countries who trade with China are basing their currency against the renminbi, negating the trade of U.S. dollars. It is possible that we are seeing the peak of the dollar. DISCLOSURE: This material has been prepared or is distributed solely for informational purposes only and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Any opinions, recommendations, and assumptions included in this presentation are based upon current market conditions, reflect our judgment as of the date of this presentation, and are subject to change. Past performance is no guarantee of future results. All investments involve risk including the loss of principal. All material presented is compiled from sources believed to be reliable, but accuracy cannot be guaranteed and Evergreen makes no representation as to its accuracy or completeness. Securities highlighted or discussed in this communication are mentioned for illustrative purposes only and are not a recommendation for these securities. Evergreen actively manages client portfolios and securities discussed in this communication may or may not be held in such portfolios at any given time. Louis Gave’s has an equity ownership in Evergreen. Louis’ views and opinions are his own, and are not necessarily the views of Evergreen.
My Takeaways from the 2019 DBIR Report My Summary The Report The DOJ has unsealed the indictment against those who they believe hacked Anthem in 2015, and they are Chinese Nationals. They didn't reveal the suspected motive, however. But as I wrote about last year, I don't think we need an explanation. I think it's obvious. More An Airbnb host in China has been arrested for watching guests using a hidden camera. More The Mossad has released an interesting challenge in something of a spy CTF style. More Chinese scientists have created a small, portable camera system that uses LIDAR to resolve human features from up to 28 miles away. Good news—it also penetrates smog. More
Andy’s at a Kentucky Derby bachelor party, and has his biggest announcement to date. More Chinese marathon shenanigans and another clean-up the Chinese net campaign. Today’s track is Elouisa by The Swiss.
#ICYMI, on Wednesday's "Top 3 Things You Need to Know Before Tomorrow", we discussed:1) More Chinese tariffs announced in response to tariffs against Chinese products levied by President Trump2) 241k in jobs added in the last month, double the amount added last March3) The shooting at Youtube HQ by a former influencer who was angry her videos had been demonetized. 3 wounded, shooter took her own life.
#ICYMI, on Wednesday's "Top 3 Things You Need to Know Before Tomorrow", we discussed:1) More Chinese tariffs announced in response to tariffs against Chinese products levied by President Trump2) 241k in jobs added in the last month, double the amount added last March3) The shooting at Youtube HQ by a former influencer who was angry her videos had been demonetized. 3 wounded, shooter took her own life.
More Chinese goodies in this episode, including the story of a giant who chased the sun, several new mandarin vocabularies, some beautiful Japanese music, and much much more
iPS 211: Making Your App China-Friendly On today's episode of iPhreaks, Gui Rambo, Erica Sadun, Jaim Zuber and special guest – Guanshan Liu talk about Making Your App China-Friendly. Guanshan is on the show today to give some tips on how to prepare your apps to get into the Chinese App Store. Don’t miss this one! [00:25] – Introduction to Guanshan Jaim met Guanshan when he was at O-camp. Guanshan was one of the speakers and gave a talk called Make Your Apps China-Friendly. He talked about some of the challenges that people face when trying to get their apps into the Chinese market. Guanshan works at Booking.com and now lives in Shanghai. [01:15] – Why to get into Chinese App Store There’s a huge market in China. More Chinese people are going abroad and Chinese users have these smartphones. These smartphones have iOS, but most of them are Android. The people are spending lots of time on their phones every day. [03:10] – Things to do to get your apps ready for China First, you need to support Simplified Chinese because not everyone in China can read English. [03:25] – Simplified Chinese difference There are two ways of writing Chinese. One is Simplified Chinese, which is used in Mainland China. The other one is called Traditional Chinese. It is used in Taiwan, Hong Kong, and Macau. Most of the time, people can relate on both Simplified and Traditional Chinese. [03:50] – Dialects You can still communicate via Simplified Chinese even though there are many dialects in China. But that also depends on the accuracy of translation because sometimes the same word doesn’t mean the same thing. Chinese is not that easy. [04:25] – Different versions for different parts of China Booking uses the same app in China as the rest of the world. They use an iPhone API so they don’t need to create a separate app only for China. That really depends on your project. [07:00] – Strategies on creating apps for many cultures or languages You only need some knowledge about the people. The data from companies like Alibaba are different. For example, today, there is an app that when you tried to search, it will not return the result. [09:40] – Designing for different age groups Young people, they have different tastes. They use an app a different way. For example, they like to send comments and share what they’re watching. They like to shout-out their opinions to other people. They love these features. They are available on radio content providers in China. The idea is originally from Japan but Chinese people also allow it. As they listen to it, they can talk and share them with their friends. [12:15] – Most users are not going to use cellular data for your app Cellular data in China is for sale and very expensive. That is true for many developing countries like Brazil. So you have to think about that if you’re targeting any developing country. If you want to test your app with connectivity, you can use the Network Link Conditioner. You can turn it on and it will degrade your internet connection like a fake bad connection. You can use that to get an idea of how a person in a really bad connection will use your app. It’s very important for a place like China. But Wi-Fi is fairly ubiquitous in the big cities like Shanghai. In most places, there are also free Wi-Fis. [15:05] – First steps to be China-Ready It would be good to find a Chinese user to test your app. Most developers in the States, they’ve always been taught to keep their apps simple. With the Alibaba app, it’s different. It has full of stuff. There are lots of icons everywhere. That’s the norm in China. Picks Guanshan Liu Book: Rework Erica Sadun Manga: Monkey King Blog: Simulating a Second Finger During Drag Gui Rambo Chibi Studio iOS Drag and Drop (Session 203)
iPS 211: Making Your App China-Friendly On today's episode of iPhreaks, Gui Rambo, Erica Sadun, Jaim Zuber and special guest – Guanshan Liu talk about Making Your App China-Friendly. Guanshan is on the show today to give some tips on how to prepare your apps to get into the Chinese App Store. Don’t miss this one! [00:25] – Introduction to Guanshan Jaim met Guanshan when he was at O-camp. Guanshan was one of the speakers and gave a talk called Make Your Apps China-Friendly. He talked about some of the challenges that people face when trying to get their apps into the Chinese market. Guanshan works at Booking.com and now lives in Shanghai. [01:15] – Why to get into Chinese App Store There’s a huge market in China. More Chinese people are going abroad and Chinese users have these smartphones. These smartphones have iOS, but most of them are Android. The people are spending lots of time on their phones every day. [03:10] – Things to do to get your apps ready for China First, you need to support Simplified Chinese because not everyone in China can read English. [03:25] – Simplified Chinese difference There are two ways of writing Chinese. One is Simplified Chinese, which is used in Mainland China. The other one is called Traditional Chinese. It is used in Taiwan, Hong Kong, and Macau. Most of the time, people can relate on both Simplified and Traditional Chinese. [03:50] – Dialects You can still communicate via Simplified Chinese even though there are many dialects in China. But that also depends on the accuracy of translation because sometimes the same word doesn’t mean the same thing. Chinese is not that easy. [04:25] – Different versions for different parts of China Booking uses the same app in China as the rest of the world. They use an iPhone API so they don’t need to create a separate app only for China. That really depends on your project. [07:00] – Strategies on creating apps for many cultures or languages You only need some knowledge about the people. The data from companies like Alibaba are different. For example, today, there is an app that when you tried to search, it will not return the result. [09:40] – Designing for different age groups Young people, they have different tastes. They use an app a different way. For example, they like to send comments and share what they’re watching. They like to shout-out their opinions to other people. They love these features. They are available on radio content providers in China. The idea is originally from Japan but Chinese people also allow it. As they listen to it, they can talk and share them with their friends. [12:15] – Most users are not going to use cellular data for your app Cellular data in China is for sale and very expensive. That is true for many developing countries like Brazil. So you have to think about that if you’re targeting any developing country. If you want to test your app with connectivity, you can use the Network Link Conditioner. You can turn it on and it will degrade your internet connection like a fake bad connection. You can use that to get an idea of how a person in a really bad connection will use your app. It’s very important for a place like China. But Wi-Fi is fairly ubiquitous in the big cities like Shanghai. In most places, there are also free Wi-Fis. [15:05] – First steps to be China-Ready It would be good to find a Chinese user to test your app. Most developers in the States, they’ve always been taught to keep their apps simple. With the Alibaba app, it’s different. It has full of stuff. There are lots of icons everywhere. That’s the norm in China. Picks Guanshan Liu Book: Rework Erica Sadun Manga: Monkey King Blog: Simulating a Second Finger During Drag Gui Rambo Chibi Studio iOS Drag and Drop (Session 203)
This week John and Robb talk some more about bluetooth headphones, screenshot apps and the state of the app stores, CES, plus the Puddle and Peach. Joe Rosensteel on Twitter: "@ruminatepodcast Why does Robb hate Star Wars? #askruminate" Boom on Twitter: "@rmlewisuk @johnvoorhees https://t.co/Zl4tJ547Zo" More Chinese supply chain reports claim Apple has dropped the 3.5 mm headphone jack for iPhone 7, will rely on wireless | 9to5Mac Jaybird | Secure-Fit Sport Bluetooth Headphones and Award Winning Reign Active Recovery Band Bragi A Screenshot Is Worth a Thousand Words – MacStories Comic Life Your New Xbox One Experience Begins Today - Xbox Wire Joe Rosensteel on Twitter: "@johnvoorhees @mattalexand Ready. https://t.co/BHqK6qIUQV" Gadget Magazine on Twitter: "It looks like it belongs on a spaceship, and you can download popular wash cycles from your phone onto the machine! #LGCES #LG #CES #CES2016" Drummond Puddle Watch: Thousands watch livestream of puddle in Newcastle - BBC Newsbeat Make the Censors Watch 'Paint Drying' by Charlie Lyne — Kickstarter Peach Ello | Be inspired. Episode 11: There's Booping — Unhelpful Suggestions Contact Us Email contact@ruminatepodcast.com Hashtag #askruminate
More Chinese companies are hiring foreigners as part of their workforce. Decades ago only a handful of companies and public institutions had the need and permission to hire “foreign experts”, but now overseas talents can be seen in private enterprises, SOEs, and even government offices. But surviving in a Chinese workplace may not be easy, as some complain that they’re treated politely but not seriously.