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The second in our ‘Foreign Affairs' mini-series on Britain's battered foreign relationships. Today: China is growing in industrial and military power while post-Brexit Britain is increasingly adrift. Will StarmQer have to accommodate to whatever Beijing wants – or can Britain assert itself against the new superpower? Gavin Esler speaks to KCL Professor and former Beijing embassy official Kerry Brown – whose new book looks at China-UK relations all the way back to 1600 – to explain the current climate between the two powers. Buy The Great Reversal: Britain, China and the 400-Year Contest for Power through our affiliate bookshop and you'll help fund The Bunker by earning us a small commission for every sale. Bookshop.org's fees help support independent bookshops too. We are sponsored by Indeed. Go to Indeed.com/bunker for £100 sponsored credit. www.patreon.com/bunkercast Written and presented by Gavin Esler. Produced by Eliza Davis Beard. Audio production by Tom Taylor. Managing Editor Jacob Jarvis. Group Editor Andrew Harrison. Art by James Parrett. Music by Kenny Dickinson. THE BUNKER is a Podmasters Production www.podmasters.co.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices
World news in 7 minutes. Friday 24th May 2024.Today: China Taiwan excercises. Kenya US allies. South Korea chips. Sudan siege. New Caledonia Macron. Israel Palestine fighting. Djibouti mosquitoes. Mexico stage crush. US cannabis boom. Bosnia Srebrenica remembered. Ukraine Kharkiv hit. And we are not typos says Savan (not Satan).With Stephen DevincenziTranscripts are avilable for our amazing supporters at send7.org/transcriptsOur weekly news quiz for our amazing supporter is here send7.org/quizIf you enjoy the podcast please help to support us at send7.org/supportWe give 10% of our profit to Effective Altruism charities.Contact us at podcast@send7.org or send an audio message at speakpipe.com/send7Please leave a rating on Apple podcasts or Spotify.We don't use AI! Every word is written and recorded by us!SEND7 (Simple English News Daily in 7 minutes) tells the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, join Stephen Devincenzi, Ben Mallett and Juliet Martin every morning. Transcripts can be found at send7.org/transcripts. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated stories in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, and people with English as a second language, tell us that they listen to SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it.For more information visit send7.org/contact
Fidelity's Tom Stevenson reviews the stories moving markets. In this week's market update: investors assess Powell's Jackson Hole message; China tries to rebuild confidence as post-Covid slump continues; and inflation finally starts to fall back in the UK.See omnystudio.com/listener for privacy information.
Save Souls with an OfGod Tshirt: https://sjwellfire.com/shop/ Join our newsletter: https://sjwellfire.com/ Gab: https://gab.com/sjwellfire Support us to save souls via the news: https://sjwellfire.com/support/ or scott@sjwellfire.com paypal Prepare: https://sjwellfire.com/partners/ With China rewriting the Bible and other Religious texts, you need to look at the Book of Revelation and end of days. China appears to the be NWO police force. The winner. Lets look at China winning along with tech companies (social credit score), beast technology, war and the Deagle report, and the agenda rewriting of the Bible for a one world anti-Christ agenda. 1. Tech Companies and the Ten Kings of Revelation: One interpretation suggests that the "ten kings" mentioned could symbolize powerful IT corporate AI entities, which in a modern context could be paralleled with influential tech companies. The idea of tech giants cooperating or sharing common goals might resemble the concept of unity mentioned in the text. They will have one mind. Could this mean one hive mind. Today China is all over social credit scores to enslave you. This about all the trackers coming like your carbon footprint tracker. Link this to ID 2020 where you can't do anything without being marked. 2. One World Religion and Government: The concept of a one-world religion and government is mentioned in the Bible. While there may not be a direct scripture in the King James Version (KJV) explicitly referencing a one-world religion or government, passages such as Revelation 13:7-8 and Revelation 17:12-13 allude to a powerful entity with control over nations. If China is the N.W.O. police and rewriting the Bible, wow to Christians. 3. China's Role and the BRICS Financial System: China's rise as a global power and its influence in international affairs, including the economic realm, cannot be denied. The BRICS (Brazil, Russia, India, China, South Africa) financial system is part of China's efforts to reshape global financial dynamics. While concerns about social credit scores and surveillance systems exist, it's important to realize CBDC is Mark of the Beast money. 4. The Deagle Report and Population Shifts: The Deagle report, predicting significant population declines in certain countries, has raised eyebrows. It is obvious there will be a theater of war with the USA and the WEST losing. 5. The Implications of Rewriting Religious Texts: The notion of altering religious texts for political or ideological purposes raises ethical and spiritual concerns. Religious texts hold deep cultural and spiritual significance for many, and any manipulation of these texts for the agenda of a particular group could be perceived as an attempt to control minds and beliefs. The Bible is a threat to power. It is God's word and supernature in nature. Those that mess with it will be cursed. The bigger picture, rewriting the Bible must be looked at with all the other strategic / fear based actions like war and plandemics as a NWO power grab.
World News in 7 minutes. Monday 19th June 2023. Today: China US visit. Japan sex laws. Brazil coup report. Peru epidemic. Uganda attack. Austria terrorist attack stopped. Sudan ceasefire. Greece missing. Ukraine African leaders. Spain short siesta super. With Stephen Devincenzi.If you enjoy the podcast please help to support us at send7.org/supportSupporters can read the transcripts at send7.org/transcriptsSupporters can try our weekly news quiz at send7.org/quizContact us at podcast@send7.org or send an audio message at speakpipe.com/send7Please leave a rating on Apple podcasts or Spotify.SEND7 (Simple English News Daily in 7 minutes) tells the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, join Stephen Devincenzi, Namitha Ragunath and Juliet Martin every morning. Transcripts can be found at send7.org/transcripts. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated stories in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, and people with English as a second language, tell us that they listen to SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it. For more information visit send7.org/contactThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4907677/advertisement
World News in 7 minutes. Wednesday 17th May 2023.Support us and read the transcripts at send7.org/transcriptsToday: China footballer arrest. India movie protests. Ecuador PM trial. US AI regulations. France attackers arrested. UK farmer migration. Senegal opposition trial. SA literacy rates. New anti-radiation pill.With Namitha Ragunath and Khadija Tahir.Please leave a rating on Apple podcasts or Spotify.Contact us at podcast@send7.org or send an audio message at speakpipe.com/send7If you enjoy the podcast please help to support us at send7.org/supportSEND7 (Simple English News Daily in 7 minutes) tells the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, join Stephen Devincenzi, Namitha Ragunath and Juliet Martin every morning. Transcripts can be found at send7.org/transcripts. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated stories in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, and people with English as a second language, tell us that they listen to SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it.For more information visit send7.org/contactThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4907677/advertisement
World News in 7 minutes. Monday 10th April 2023. Support us and read the transcripts at send7.org/transcriptsToday: China Taiwan 'simulations'. Israel strikes. Iran cameras. Ukraine update. France collapse. Ireland Good Friday. Burkina Faso, Nigeria attacks. US tesla sued. Mexico fire. Algeria mega iftar.With Stephen Devincenzi. Please leave a rating on Apple podcasts or Spotify.Contact us at podcast@send7.org or send an audio message at speakpipe.com/send7If you enjoy the podcast please help to support us at send7.org/supportSEND7 (Simple English News Daily in 7 minutes) tells the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, join Stephen Devincenzi, Namitha Ragunath and Juliet Martin every morning. Transcripts can be found at send7.org/transcripts. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated stories in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, and people with English as a second language, tell us that they listen to SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it. For more information visit send7.org/contact
World News in 7 minutes. Tuesday 14th February 2023.Support us and read the transcripts at send7.org/transcriptsToday: China US balloons. Israel protests. Turkiye Syria rescues. NZ cyclone. Russia Ukraine offensive. Modova Russia plot. UK Chinese leader protests. Chad Deby trial. Cameroon old leader. And Saint Valentine.Please leave a rating on Apple podcasts or Spotify.With Stephen Devincenzi.Contact us at podcast@send7.org or send an audio message at speakpipe.com/send7If you enjoy the podcast please help to support us at send7.org/supportSEND7 (Simple English News Daily in 7 minutes) tells the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, join Stephen Devincenzi, Namitha Ragunath and Juliet Martin every morning. Transcripts can be found at send7.org/transcripts. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated stories in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, and people with English as a second language, tell us that they listen to SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it. For more information visit send7.org/contact
Thank you Marty and Amanda Brennaman, Varsity, Engraved In USA, Robert, Rich Poe, Dan Varner, and everyone that came out to see Marty and support the Reds Community Fund. What a great night with Marty on January 31st. Today we start with history, and Dan must speak during the course of it. After history, we discuss China's weather balloon (where is Greta and Al Gore), and double down on Biden taking it multiple times from Xi by helping China by banning domestic mining and production of precious metals. Tiffany quit, but Dan said "to my way of thinking," so he picked up the check (just kidding - waiting on the check to Varner Foundation still). Download and rate. Onemoreandimouttahere.com. Email Admin@onemoreandimouttahere.com with questions and suggestions. Thank you for listening.
Today China announced that its 40,000 strong network of students must study in Australia for their degrees to be recognised in China. Today Abel gets to the bottom of this.
World News in 7 minutes. Wednesday 30th November 2022.Support us and read the transcripts at send7.org/transcriptsToday: China protests. Pakistan Khan stops. Romania NATO Ukraine talks. Belarus poisoning? Haiti intervention demand. Canada late charge. Nigeria Bronzes return. Somalia hotel siege. And new minerals from space.With Stephen Devincenzi and Khadija Tahir.Please leave a rating on Apple podcasts or Spotify.Contact us at podcast@send7.org or send an audio message at speakpipe.com/send7If you enjoy the podcast please help to support us at send7.org/supportSEND7 (Simple English News Daily in 7 minutes) tells the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, join Stephen Devincenzi, Namitha Ragunath and Juliet Martin every morning. Transcripts can be found at send7.org/transcripts. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated stories in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, and people with English as a second language, tell us that they listen to SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it. For more information visit send7.org/contact
World News in 7 minutes. Monday 28th November 2022.Support us and read the transcripts at send7.org/transcriptsToday: China protests. Taiwan Wen resigns. Italy landslides. Somalia hotel attack. Ukraine updates. Algeria lynching. Venezuela talks. US assault weapons. Conflict pigs.With Stephen Devincenzi.Please leave a rating on Apple podcasts or Spotify.Contact us at podcast@send7.org or send an audio message at speakpipe.com/send7If you enjoy the podcast please help to support us at send7.org/supportSEND7 (Simple English News Daily in 7 minutes) tells the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, join Stephen Devincenzi, Namitha Ragunath and Juliet Martin every morning. Transcripts can be found at send7.org/transcripts. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated stories in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, and people with English as a second language, tell us that they listen to SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it. For more information visit send7.org/contact
World News in 7 minutes. Friday 5th August 2022.Support us and read the transcripts at send7.org/transcripts€10 off joining as yearly supporter during August: AUGUSTDISCOUNTToday: China Taiwan missiles. India carbon targets. Nigeria bandits. Somalia Al-Shabaab minister. Ukraine invasion updates. Russia Griner jailed. Venezuela politician jailed. South America football bid. Mexico's tiny frogs. During August SEND7 will only be released on Tuesdays, and Fridays. We will return to daily episodes in September!Please leave a rating on Apple podcasts or Spotify.With Stephen Devincenzi and Khadija Tahir.Contact us at podcast@send7.org or send an audio message at speakpipe.com/send7If you enjoy the podcast please help to support us at send7.org/supportSEND7 (Simple English News Daily in 7 minutes) tells the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, join Stephen Devincenzi and Namitha Ragunath every morning. Transcripts can be found at send7.org/transcripts. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated stories in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, and people with English as a second language, tell us that they listen to SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it. For more information visit send7.org/contact
His name is Ben Baller, not Ben Humble & he's here to discuss: China being on lockdown from COVID-19, DJ Homicide going through it, growing up as a child of abuse, speaking to people about problems, mentality of today's generation, people thinking he was a burner account, Niners Fans, Elon Musk buying Twitter, treating people well, BAPE Meet & Greet in L.A., NFL Draft, NBA Playoffs, becoming a Dave & Buster's VIP & more. This episode is not to be missed! Please support our sponsors: http://Shopify.com/Baller If you are interested in NBA, NHL, MLB, Soccer, UFC & more Picks daily, weekly or monthly subscribe at www.CaptainPicks.com & Follow @TheCaptainPicks on Instagram Produced by: DBPodcasts www.dbpodcasts.com Follow @dbpodcasts on Instagram & Twitter Music by @lakeyinspired Available on all Podcast Platforms, YouTube & BehindTheBallerPod.com Behind The Baller Theme Music Artist: Illegal Kartel (@illegal_kartel_mikal_shakur) Produced by: Gene Crenshaw @yuyuthemaker
It's Friday, so it is time for us to boldly go where no SJW has ever gone before, or will, and discuss hard subjects from a completely new point of view: Antipolitical!
World News in 7 minutes. Wednesday 8th December 2021.Transcript at: send7.org/transcripts Please help to support the podcast by giving what you would spend on a cup of coffee just once a month at send7.org/supportToday: China US olympics boycott. Myanmar Rohingyas sue facebook. Pakistan Sri Lankan murder. UAE work change. Burundi prison fire. Niger strong jihadists. Russia US talks. France Saudi Khashoggi arrest. Chile gay marriage. US Chewing gum for COVID? Send your opinion or experience by email to podcast@send7.org or send an audio message at send7.org for us to broadcast. Please help to support the podcast by giving what you would spend on a cup of coffee just once a month at send7.org/supportWith Stephen Devincenzi.SEND7 (Simple English News Daily in 7 minutes) tells the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, this podcast is for you. Transcripts are totally free and can be found at send7.org/transcripts. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated stories in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, and people with English as a second language, tell us that they listen to SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it. For more information visit send7.org/contact
World News in 7 minutes. Friday 3rd December 2021.Transcript at: send7.org/transcripts Please help to support the podcast by giving what you would spend on a cup of coffee just once a month at send7.org/supportToday: China tennis tournaments suspended. Bangladesh mayor arrest. Gambia elections. South Africa Omicron. Brazil recession. US teenage shooter. Argentina Macri charged. US warns Russia over Ukraine. Germany unvaccinated lockdown. Belarus sanctions. Denmark accidental ikea hotel.Send your opinion or experience by email to podcast@send7.org or send an audio message at send7.org for us to broadcast. Please help to support the podcast by giving what you would spend on a cup of coffee just once a month at send7.org/supportWith Stephen Devincenzi, Khadija Tahir and Camelia elAlami.SEND7 (Simple English News Daily in 7 minutes) tells the most important world news stories in intermediate English. Every day, listen to the most important stories from every part of the world in slow, clear English. Whether you are an intermediate learner trying to improve your advanced, technical and business English, or if you are a native speaker who just wants to hear a summary of world news as fast as possible, this podcast is for you. Transcripts are totally free and can be found at send7.org/transcripts. Simple English News Daily is the perfect way to start your day, by practising your listening skills and understanding complicated stories in a simple way. It is also highly valuable for IELTS and TOEFL students. Students, teachers, and people with English as a second language, tell us that they listen to SEND7 because they can learn English through hard topics, but simple grammar. We believe that the best way to improve your spoken English is to immerse yourself in real-life content, such as what our podcast provides. SEND7 covers all news including politics, business, natural events and human rights. Whether it is happening in Europe, Africa, Asia, the Americas or Oceania, you will hear it on SEND7, and you will understand it. For more information visit send7.org/contact
Today World news In Tamil - 13-8-2021 || Tamil world news today || China warns US - China warns to stop US interference in China's affairs. - Tenth province captured by Taliban. - China launches cyber attacks targeting Israel. - Afghanistan report ready to talk and solve problems. - Twitter to be allowed in Nigeria again. - 12 cities in India at risk of flooding due to climate change.
Show #1174. If you get any value from this podcast please consider supporting my work on Patreon. Plus all Patreon supporters get their own unique ad-free podcast feed. Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Tuesday 10th August. It's Martyn Lee here and I go through every EV story so you don't have to. Thank you to MYEV.com for helping make this show, they've built the first marketplace specifically for Electric Vehicles. It's a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. HYUNDAI AND UL ALLY TO GIVE EV BATTERIES A SECOND LIFE - Global safety science leader UL and Hyundai Motor Co. signed a memorandum of understanding to help further the safe deployment and use of second-life battery energy storage systems - Second-life batteries often consist of electric vehicle batteries that no longer meet the requirements of automotive applications, but are still worthwhile additions as grid-connected energy storage devices. - In 2018, UL participated in developing UL 1974, the Standard for Evaluation for Repurposing Batteries, a bi-national standard of the United States and Canada. - Improvements in lithium extraction, battery efficiency upgrades, lithium battery recycling, and battery reuse all present market opportunities as the world shifts the way it uses energy. Original Source : https://pv-magazine-usa.com/2021/08/06/hyundai-and-ul-ally-to-give-ev-batteries-a-second-life/ TESLA MAKES HEPA FILTER STANDARD ON MODEL Y ELECTRIC SUV - Tesla has made its Hepa filter with “bioweapon defense mode” standard on new Model Y electric SUVs produced at Fremont Factory. - the filter in the Model X is about 10 times larger than a normal car filter, and it is “100 times more effective than premium automotive filters,” as it removes “at least 99.97% of fine particulate matter and gaseous pollutants, as well as bacteria, viruses, pollen and mold spores.” - Over the last month, Tesla has transitioned the Model Y produced in Fremont Factory to the new bigger filter. Original Source : https://electrek.co/2021/08/09/tesla-hepa-filter-bioweapon-defense-mode-standard-model-y-electric-suv TESLA SAYS FIRES ARE 11X LESS LIKELY COMPARED TO THE AVERAGE - While articles covering a fire involving a Tesla Inc TSLA vehicle seem to be common, news of non-electric vehicles burning is rare, although there were an estimated 212,500 vehicle fires in 2018 alone, according to the National Fire Protection Association (NFPA). - Tesla is releasing new data in its 2020 impact report, showing fires in its vehicles are 11x less likely than other vehicles in the U.S. Tesla points out that while vehicle fires in the media often point to EVs, the reasoning may be the rarity of an electric vehicle fire, rather than the prevalence. - Tesla's data shows there was one Tesla fire every 205 million miles from 2012 to 2020. This is compared with data from the NFPA showing on average there is a vehicle fire every 19 million miles. Original Source : https://www.benzinga.com/tech/21/08/22405918/tesla-says-fires-are-11x-less-likely-for-its-vehicles-compared-to-the-average-us-vehicle TESLA CEO ELON MUSK EARNED $11BN LAST YEAR - Elon Musk is the most highly compensated chief executive in the world, according to Forbes' calculations. The platform calculates that he was paid $11 billion in 2020 all in Tesla stock options awarded to him as part of the compensation plan he signed with the electric carmaker in 2018. - Musk is entitled to options that will allow him to buy a total of 101.2 million Tesla shares at a split-adjusted price of $70 per share. What is more, the compensation is divided into 12 tranches. - The first four tranches of Musk's options awards vested in 2020, as Tesla hit various market capitalization and operational milestones and its stock increased sevenfold, boosting Musk's fortune astronomically - Musk must hold the newly awarded Tesla shares for five years, according to filings. So while he has the right to exercise a total of 33.77 million options from his 2020 awards, he can't immediately turn around and sell those shares Original Source : https://face2faceafrica.com/article/tesla-ceo-elon-musk-earned-11bn-last-year-making-the-sa-born-the-highest-paid-ceo-in-the-world MIAMI'S $120 MILLION 'FUTURE-PROOF' CAR DEALERSHIP REFINES THE LUXURY BUYING EXPERIENCE - Warren Henry Auto Group is betting big on its future, having constructed a $120 million dealership in North Miami, Florida. - The company's story stretches back to 1976 when Larry Zinn's father Warren opened his first car dealership. - The new North Dade dealership site is the equivalent of 19 acres of concrete across seven stories. It allows for more of the company's inventory to be kept in a climate controlled environmen - Zinn calls the new space "future proof" saying that it's been wired for 400 electric vehicle chargers across multiple floors. - Today, 90 percent of buyers shop online before arriving at the Group's retail outlets. Original Source : https://www.newsweek.com/miamis-120-million-future-proof-car-dealership-refines-buying-experience-1617641 KIA SOUL EV BOARDMASTERS EDITION IS A SURFER'S DREAM MACHINE - Automakers often destroy pre-production prototypes after they've reached the end of the development process, but Kia's U.K. division recently saved a Kia Soul EV prototype that was destined for the crusher. After it avoided an untimely death, this Soul was transformed into this custom, lifted surf-mobile for Boardmasters 2021, a surfing and music festival on the Cornish Coast in England. - the Boardmasters Edition retains the production car's powertrain, with a 64.0-kWh battery - sits on new 16-inch white steel wheels shod in 265/75 R16 Maxxis Bighorn tires, which required redesigned wheel arches. - Along with off-road tires, the Boardmasters Edition gains a modified suspension with a 3.0-inch lift, as well as a 4.3-inch wider track at the front and 4.5-inch wider track at the rear. There is also steel roof rack that holds a pair of Tahe Bic Malibu surfboards - The Soul EV Boardmasters Edition will be on display throughout the festival from August 11 to 15. Original Source : https://www.caranddriver.com/news/a37258964/kia-soul-ev-boardmasters-edition-details/ FORD TAKES CHARGE OF ITS BATTERY SUPPLY CHAIN - Today China, South Korea and Japan dominate battery cell manufacturing, while raw minerals are sourced from several primary locations including Chile, China, Africa, as well as the US, Canada and Australia for some materials. - According to the Ultima Media report, there are surges in demand for lithium batteries around the world; along with regional spikes that are hard to forecast, there is the threat of demand outstripping the supply of crucial minerals, such as nickel, cobalt and lithium. - Ford recognises that recent raw material price increases are an indication of demand outpacing supply and it calls on government and private enterprise support to secure the battery chain. Original Source : https://www.automotivelogistics.media/electric-vehicles/taking-charge-of-battery-supply/42164.article MAGNA'S PROPRIETARY 'EBEAM' AXLE TECH Original Source : https://www.futurecar.com/4793/Magnas-Proprietary-eBeam-Axle-Tech-is-a-Novel-Solution-to-Electrify-Pickup-Trucks NHS DEVELOPS ELECTRIC AMBULANCES WITH FORD Original Source : https://www.electrive.com/2021/08/09/nhs-procures-fleet-of-electric-ambulances/ ELECTRIC VEHICLE CHARGEPOINTS SET TO BECOME NEXT GREAT BRITISH EMBLEM Original Source : https://www.gov.uk/government/news/electric-vehicle-chargepoints-set-to-become-next-great-british-emblem WOLFEBORO PD ADDS TESLA TO ITS FLEET OF CRUISERS Original Source : https://www.conwaydailysun.com/news/local/wolfeboro-pd-adds-tesla-to-its-fleet-of-cruisers/article_2a1a0b74-f90a-11eb-bb19-83794ce00898.html WHY BYD BLADE BATTERY IS AHEAD OF COMPETITION - Currently the LFP (LiFePO4) cobalt-free chemistry allows to build EV batteries that are extremely safe, durable, simple, affordable and with good performance. Since – unlike NCM or NCA – LFP battery cells are extremely safe and won't burn or explode even if punctured, the battery packs don't require much safety equipment and can adopt a simple CTP (cell-to-pack) format becoming module-less. - Everbright Securities analyzed the cost of several battery packs made with LFP cells from different companies and you'll see why BYD is ahead of competition. - Cost of LFP (LiFePO4) battery packs Average with modules: 650 yuan (85 euros) per kWh CATL with CTP: 570 yuan (75 euros) per kWh BYD with CTP: 420 yuan (55 euros) per kWh - Everbright Securities estimates that SIBs (sodium-ion batteries) are 30 % cheaper to produce than LIBs (lithium-ion batteries), dropping the cost per kWh below 40 euros. - Remember when the auto industry told us that when the kWh cost of battery packs reached 100 USD (85 euros) electric cars would achieve price parity with their gas-counterparts? Automakers that don't plan to soon start using cobalt-free battery cells in CTP packs aren't serious about mass producing affordable electric cars. The technology is right there in front of them. - With a good 60 kWh LFP battery costing around 3.300 euros today there is no good reason why we still allow automakers to profit from ICE (Internal Combustion Engine) cars that poison our air. Original Source : https://pushevs.com/2021/08/10/this-is-why-byd-blade-battery-is-ahead-of-competition QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM On a scale of 1-10, where does ‘environment' rank for the reason you're interested in EVs? Email me your thoughts and I'll read them out on Sunday – hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/
Today China is getting hit for a second time with the typhoon. 3 Gorges Dam is expected to break and set off 24 nuclear reactors globally. This is the big event that changes everything according to older Q posts. Have your food and water supply stocked for about 3 weeks worth. Be safe, prepared and well. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/chai-velocity/message Support this podcast: https://anchor.fm/chai-velocity/support
June 9th, 2021 Joanne Dufour, an anti-nuclear weapons educator, brings us a message of hope as we face humanity's greatest challenge. She is a trainer in International Humanitarian law for the Red Cross and has the Disarming Our Planet blog. Today China, Russia and the US are rattling the sabers of new arms races - yielding big profits for corporate bomb makers but threatening the very life of humanity. Instead of U.S. government policies protecting the people, they've protected the corporations that have led us down a disastrous path that is already killing thousands of people from Marshall Islanders and other bomb test victims, to radiation burn victims, downwinders, and many more. All this is being done with your tax dollars, and you hold the key to stopping it! Joanne talks about how you can be a part of a movement to use smart actions to reduce the danger. Most importantly you can help get the money out of bomb-making - encouraging your universities, pension funds and banks to divest from bomb-makers - and other ways we, the people, can join with the overwhelming majority of nations to enforce the Nuclear Weapons Ban Treaty. -- See the video at: PeoplePoweredPlanet.com -- Music by: „World Citizen“ Jahcoustix feat. Shaggy courtesy of Dominik Haas, Telefonica and EoM Also, check out the film on World Citizen #1 Garry Davis at: www.theworldismycountry.com
World News in 7 minutes. Tuesday 15th June 2021.Transcript at: send7.org/transcripts Today: China criticises G7. Myanmar coup trial. India restrictions ease. Belarus Protasevich statement. UK restrictions delay. Zambia ex president hospitalised. South Sudan vaccinations. Canada terror charges. Nicaragua opponents detained. World blood donor day.Send your opinion or experience by email to podcast@send7.org or send an audio message on speakpipe for us to broadcast. With Namitha Ragunath. SEND7 (Simple English News Daily in 7 minutes) tells news in intermediate English. Every day, listen to the most important stories in the world in slow, clear English. This easy English news podcast is perfect for English learners, people with English as a second language, and people who want to hear a fast news update from around the world. Learn English through hard topics, but simple grammar. SEND7 covers all news including politics, business, natural events and human rights. For more information visit send7.org/contact
World News in 7 minutes. Wednesday 31st March 2021.Transcript here: send7.org/transcriptsToday: China accused. India Pakistan letters. Nepal schools closed. Mali France attacks. Portugal Mozambique support. Mexico El Salvador police troubles. US Biden masks. Slovakia PM resigns. Belarus opposition charged. And economies to recover...How do you want the world to change after the pandemic? Tell us by sending an email to podcast@send7.org or send an audio message on speakpipe for us to broadcast.Please leave a review on apple podcasts or on podchaser in English or your native language.With Stephen Devincenzi and Khadija Tahir.SEND7 (Simple English News Daily in 7 minutes) tells news in intermediate English. Every day, listen to the most important stories in the world in slow, clear English. This easy English news podcast is perfect for English learners, people with English as a second language, and people who want to hear a fast news update from around the world. Learn English through hard topics, but simple grammar. SEND7 covers all news including politics, business, natural events and human rights. For more information visit send7.org/contact
World News in 7 minutes. Wednesday 10th February 2021.Transcript here: send7.org/transcriptsToday: China WHO report. India glacier disaster update. Iran vaccines. Myanmar protests continue. US Trump trial. Ecuador unknown election. Egypt journalist released. Nigeria candidate WTO. Germany Nazi convictions. France oldest person COVID.Send a report or comment on the news in your area - send a message on speakpipe.Please leave a review on apple podcasts or on podchaser in English or your native language.With Stephen Devincenzi and Khadija Tahir.SEND7 (Simple English News Daily in 7 minutes) tells news in intermediate English. Every day, listen to the most important stories in the world in slow, clear English. This easy English news podcast is perfect for English learners, people with English as a second language, and people who want to hear a fast news update from around the world. Learn English through hard topics, but simple grammar. SEND7 covers all news including politics, business, natural events and human rights. For more information visit send7.org/contact
World News in 7 minutes. Wednesday 20th January 2021.Transcript here: send7.org/transcriptsToday: China US 'genocide'. Indonesia food shortage. India vaccinations. Thailand 43 years for insult. UK COVID emergency. Germany new variant. Switzerland burqa ban? Egypt penis arrest. Uganda election subversion. Biden inauguration. Trump farewell.Please leave a review on apple podcasts or on podchaser in English or your native language.With Stephen Devincenzi and Khadija Tahir.SEND7 (Simple English News Daily in 7 minutes) tells news in intermediate English. Every day, listen to the most important stories in the world in slow, clear English.This easy English news podcast is perfect for English learners, people with English as a second language, and people who want to hear a fast news update from around the world. Learn English through hard topics, but simple grammar. SEND7 covers all news including politics, business, natural events and human rights. For more information visit send7.org/contact
World News in 7 minutes. Tuesday 19th January 2021.Transcript here: send7.org/transcriptsToday: China miners. Australia boarders. Navalny protests. Uganda internet restored. Nigeria schools re-open. US Capitol lockdown. Guatemala migrants tear gassed. France human rights breach. UK COVID update. MLK day.Please leave a review on apple podcasts or on podchaser in English or your native language.With Namitha Ragunath.SEND7 (Simple English News Daily in 7 minutes) tells news in intermediate English. Every day, listen to the most important stories in the world in slow, clear English.This easy English news podcast is perfect for English learners, people with English as a second language, and people who want to hear a fast news update from around the world. Learn English through hard topics, but simple grammar. SEND7 covers all news including politics, business, natural events and human rights. For more information visit send7.org/contact
By Jeff J. Brown Pictured above: the massive, open air statue of young Mao Zedong, in Changsha, Hunan, which I got to visit. Never forget that the overwhelming majority of the Chinese people agree with his socialist, anti-imperialist, anti-global capitalist world view. Become a regular China Rising Radio Sinoland patron and get FREE BOOKS!...
Monday 7th December 2020 US equities reached new highs again on Friday even though the jobs numbers were lower than anticipated. NAB’s Ray Attrill says the logic is that the disappointing numbers heighten the prospect of an agreement being reached on a fiscal stimulus deal. But its not there yet. It’s the same with a UK-EU trade deal. After cancelling talks on Friday they were back at it on Sunday, but Ray reckons the chance of a deal being struck is now 60 percent at best. Expect a lot of European market action late ri the week, with the EU summit, plus an ECB meeting where they are likely to up their bond-buying program. Today China’s trade numbers are the most significant data releases.
Tune into Coronavirus Essential podcast for all the top news on the pandemic.
World News in 7 minutes. Thursday 26th November 2020.Transcript here: send7.org/transcriptsToday: China president congratulates Biden. Azerbaijan enters Kalbajar. Germany crash. UK economic emergency. Chad bombing. Mozambique vaccines. Biden thanksgiving speech. Venezuela currency. Maradona dies.Please leave a review on apple podcasts or on podchaser in English or your native language.With Namitha Ragunath.SEND7 (Simple English News Daily in 7 minutes) tells news in intermediate English. Every day, listen to the most important stories in the world in slow, clear English.This easy English news podcast is perfect for English learners, people with English as a second language, and people who want to hear a fast news update from around the world. Learn English through hard topics, but simple grammar. SEND7 covers all news including politics, business, natural events and human rights. For more information visit send7.org/contact
There couldn’t be a more timely program. Admiral Bill Owens fostered bilateral conversations at the highest levels between American and Chinese military officers for the purpose of building trust and confidence and developing initiatives to resolve conflict. This is a must see episode of Global Dialogue with host Patrick Ryan and guest co-host John Scannapieco as they talk with Admiral Owens about his insights and perspectives on the deterioration of relations with China and the necessity to find ways to cooperate for the good of both nations and the planet. Washington and Beijing are doubling down on conflicts in an already troublesome relationship. Consulates in Houston and Chengdu have been ordered shut. Secretary Pompeo traveled to the Nixon library to deliver an address on America’s future approach, “Today China is increasingly authoritarian at home, and more aggressive in its hostility to freedom everywhere else.” With the backdrop of increased hostility between the two dominant global powers we present four-star Admiral Bill Owens at this week’s Tuesday evening Global Dialogue Webinar. In addition to serving as Vice Chairman of the Joint Chiefs of Staff Admiral Owens is author of “China-US 2039: The Endgame?,” and supported over ten years of dialogues between the most senior retired officers in the United States and Chinese militaries.
NOW IN 22 DIFFERENT LANGUAGES. CLICK ON THE LOWER LEFT HAND CORNER “TRANSLATE” TAB TO FIND YOURS! By Jeff J. Brown Pictured above: since the 15th century, never has such a vast amount of natural and human resources been out of the control of the West’s deep state global capitalist oligarchy. For them, this is intolerable....
World News in 7 minutes. Wednesday 1st July 2020.Transcript here: send7.org/transcripts Today: China's Hong Kong law. Iran gas explosion. Vietnam stops Pakistani pilots. Fauci warns US. Biden calls for unity. Maduro expels EU. UK PM wants to build. Sugan protests. Mauritania meeting. And music from the late Ethiopian Hachalu Hundessa...Send whatsapp audio messages to +44 7307 872842Please leave a review on apple podcasts or on podchaser in English or your native language. --------------------SEND7 (Simple English News Daily in 7 minutes) tells news in intermediate English. Every day, listen to the most important stories in the world in slow, clear English.This easy English news podcast is perfect for English learners, people with English as a second language, and people who want to hear a fast news update from around the world. SEND7 covers all news including politics, business, natural events and human rights. For more information visit send7.org/contact
Tuesday 30th June 2020 There’s a little positive sentiment pushing shares higher again today and helping the US dollar gain on the Yen and Swiss Franc. Why the optimism? Because there wasn’t really any new bad news. NAB’s Ray Attrill says the housing market seems to be the brightest spot in the US economic recovery, with a 44 percent increase in pending home sales. The Dallas Fed manufacturing index also gave some encouragement, even with the rising COVID-19 infections in Texas. Today China’s PMI numbers, Aussie weekly jobs numbers, words from Guy Debelle and US consumer confidence numbers from the Conference Board will all be worth watching.
World News in 7 minutes. Tuesday 12th May 2020. Transcript here: send7.org/transcripts Today: China's return. India's trains. Iran's accident. Boris Johnson's message. Europe's relaxing. Trump blames China again. Burundi's election. And music from Uganda's Bobi Wine.World news in easy, clear language, for English learners, people with English as a second language, and people who want to know the most important stories as quickly as possible. The most important stories from Asia, Africa, America, Europe and Oceania.
Welcome to Finance and Fury, Last week – talked about Goodhart's law - "When a measure becomes a target, it ceases to be a good measure." – yet central banks have made inflation the policy target – Went through permanent QE and lowering rates and cashless economy Today – talk about fiscal expansion from govs and the need for deficit monetisation (helicopter money) and final step of abandoning dollar as reserve currency – effects on economy To start - Step 3: Fiscal Expansion and Deficit monetisation The QE and lowering interests will flood banks with ‘liquidity’ = lots of money to lend out – to themselves (wall street) or main street - If this doesn’t work - government may eventually assume the role of resource allocator, through public spending financed by a permanent increase in the money stock If government spending does not help either, then helicopter money might, which is to allocate resources directly into the pockets of households – either cutting taxes or UBI Fiscal expansion – The government spending more Fiscal expansion may help, when coupled with monetary printing. Public spending in infrastructure, clean energy to cope with global warming, technologies, and education are obvious candidates. China example – GDP Consumption is lower than west – USA 71%, Aus think in the high 60% - China sits in lower 30% Net exports only about 4-8%, large portion is Government spending and investment Deficit monetisation - Monetizing debt is thus a two-step process initially The government issues debt (Government bonds) to cover its spending The central bank purchases the debt from secondary markets Then perpetually rolls it over – issue more money to continually buy it back Gov issues $1bn bond today to the market – 10y maturity – someone buys it (banks or super funds) – then central bank buys these off banks or super funds - it injecting money to be reinvested or lent So Govs know that they can raise easy quick cash from issuing a bond – as Bank, investment manager or super fund will buy it off them and exchange the cash – and the buyer knows that the central banks will buy them back off them – sometimes at inflated values as issuing more money decreases interest rates = increase the price of the bonds above face value So the middle men make profits, gov gets its cash for spending, then central bankers get to carry out monetary policy unopposed to all 3 parties benefit – as the central bank makes income from the cash rate they issue funds at It turns out that Both Quantitative Easing and negative interest rates policies (NIRP) alone have turned out to be deflationary. QE led to banks hoarding cash - resulting in a reduced impact on money supply = destructive at negative rates Negative rates lead to banknotes hoarding (it just started in Japan, Switzerland) - contracts the money supply further: a smaller propensity to invest as uncertainties about the future growth, with fears of expropriation/bail-in/wealth tax, right at a time of lower inflation expectations and prospective returns. Central banks and Governments will need to go further – Helicopter Money The concept of helicopter money refers to Milton Friedman’s thought experiment of 1969 - If there are negative rates why cannot there be negative taxes? In economics, a negative income tax (NIT) is a welfare system within an income tax where people earning below a certain amount receive supplemental pay from the government instead of paying taxes to the government. Aus Gov – low-income tax offsets, franking credits = exactly this – I think it has benefited us – but debt has finally caught up and the ever-increasing regulations hasn’t helped So far in this list of policy tools, negative rates are synonyms of wealth tax, and bail-ins in disguise. As such, intrinsically deflationary. Which means self-defeating, as the whole point is to resurrect inflation in a moribund economy overloaded with too much nominal debt. But negative rates may become pure incentive to spending, and boost the velocity of money, if and when coupled with various forms of tax cuts, both temporary and permanent ones: raising minimum salaries, temporary / depletable spending coupons. Some of the traits of this form of fiscal expansion may be inspired by Roosevelt’s New Deal, a series of government programs implemented between 1933 and 1938 to provide relief to people suffering during the Great Depression. - may lead to a temporary suspension of laissez-faire capitalism. Crisis policymaking should then target two objectives: Currency debasement: to reduce the value of debt vis-à-vis productive economy / income stream, to decrease debt ratios overhang Velocity of Money and Money Multiplier: to boost private sector spending, for both businesses and households, and its impact on output I hope this is starting to make sense – that this is a bought and sold system that is promising ever increasing spending for vote – who doesn’t like free stuff? Like $10k p.a. no questions asked – if politicians proposed this a lot of people would vote for them, regardless of any other policy. Summary – three levels of monetary redistribution – Banks, govs and households Objectives - A debasement of coinage is the practice of lowering the intrinsic value of coins, Issuing with leaving the system with an increased supply of money – the value of it goes down Inflation is slow – but when it kicks in it can go quick – hyperinflation Eventually, there will be too much debt for future productivity increases in the economy to pay off – using debt to grow is fine – as long as the growth is enough to pay off the debt Final step: De-Dollarization and IMF’s SDR Reserve Digital Currency If you are a fan of history – know that our current version of the dollar is been around for a while – but similar to older civilisations (asyrians, romans) – currencies collapse – Many problems today including deficit spending, trade deficits, and income inequality have their roots in 1971 Current state of economy – after Brenton woods 1944 – US become the major player – global reserve currency – then form 1971 – off the BW system – Kissinger got the Petro dollar going – oil in OPEC nations had to be sold in USD – any leader who deviated (sadam, gadafi, alasad) US seemed to take a keen interest into very quickly after – That is a major thing keeping the USD up in demand IMF has been moving towards replacing the USD as the global currency reserve – tried to do it in 1969 with the issuance of the SDRs – basket of currency backed by gold – could be used as a reserve instead of the USD – way to increase the monetary supply – but then 1971 comes and USD abandons any backing to Gold – making this SDR useless – so switches to basket of newly floating currencies Which is why central banks have taken so much control – floating currencies need more management to maintain stability – remember central banks major goals is economic stability – includes currency controls Today – China and Russia (both had negative effects on their economy/currency from US monetary policy) As if it can be controlled – it can be used as a form of financial warfare – sanctions, being cut off from payment systems and exchanges China and Russia - spoken in favour of a de-dollarization of the global economy China - like Keynes’ proposal for a common accounting unit - dismissed at the Bretton Wood – Originally called the Bancor, now it is the SDR Central banks are running out of printing press – and the negative effects of their environment it evident Like everything central planned – goes horribly wrong – in Soviet Union and China it was with peoples lives – for US and Aus, UK, EU – it is just economic growth that suffers – which is a blessing – unless Gov wants to get into authoritarian rule SDR – Basked of currencies used as a reserve currency – Rather than hold 100% USD as reserves, 44%, plus China, EU, Frank, Pound. Current suggestions for a possible way of dealing with it: National Central Banks could increase their SDR allocations at the IMF (thus expanding their balance sheets in the process, which accounts for more QE) The IMF would then play the role of resource allocator and invest in member countries Investments may include supra-national projects – Covered in SDGs – there is no shortage of push for infrastructure spending $6trn is needed annually over the next 15 years to address global warming Don’t forget the additional $7.1trn necessary to invest for the purpose of global growth Shifting reserve currency regime and investing in SDRs achieves a dual mandate of QE and Fiscal Expansion on social impact and growth-enhancing projects. Also, it takes the utility function away from mere US domestic needs, at a time in which there is a disconnect between what serves the interest of the US and what matters to the rest of the world. Europe has similar issues between Germany and the rest of the Union, which the EU could not address as yet: a supra-national body may attempt at that again, with or without the EUR. Needless to say, such policy coordination may well be utopist and far-fetched; however, the US Dollar plays his current role only given global coordination at Bretton Woods in 1944, so no much reason to believe this is an eternal fact of life either. Summary Central Bank keeps going with monetary printing and permanent quantitative easing Debase the currency faster than the speed at which deflation increases the real burden of debts in the economy Gov - starts large-scale fiscal spending programs Monetized by the Central Banks through a permanent increase in the money stock, which further balloons its balance sheet Banks are cut out as the middle men – money wasn’t getting out to the people but pumped into housing or between the banks Banks as the transmission channel failed there – instead – plan to have income redistributed – the aim is to spur more growth The government implements tax cuts, negative taxes, temporary spending coupons, permanent minimum salaries, so to re-allocate resources directly to households and forcefully reset inflation expectations. Against this backdrop, there are negative rates on deposits, so to penalize cash hoarding and incentivize spending, and a cashless economy, so to prevent banknotes hoarding / bank runs and have more grip over inflationary spirals. Sometimes later, a new reserve currency emerges in the form of IMF’s SDRs, which may one day compete with the US Dollar in dominant reserve currency status. In another way - inflation / currency debasement is default by another name. Inflation curtails the value of fixed income claims as much as default, at a time where there is too much debt for too little growth. Seen as a more politically palatable course of actions than going through outright defaults Plus - rising tide to lifts all boats but Big losers are the banks, and creditors in general But at least the interest curve steepens back up, inflation expectations reset, rates rise without defaults, business gets unclogged and starts all over again. Banks get re-capitalized once, from zero, as opposed to multiple times in small increments out of negative profitability over a decade long period. The economy may then spring back to life, inflation and growth may resurrect. Thank you for listening today. If you want to get in contact you can here: https://financeandfury.com.au/contact/
“Use your spies for every kind of business.” This 2500 year-old stratagem from Sun Zi's Art of War still informs Beijing’s modern day approach towards intelligence gathering. Today China’s espionage industrial complex appears to be taking spying mainstream by blurring the boundaries between spying, interference and influence projection. To explore the shadowy realm of Chinese spycraft, Louisa and Graeme are joined by two top-notch journalists-turned-spy-novelists who have written extensively about Beijing’s army of spooks. Adam Brookes, former China correspondent for the BBC and Chris Uhlmann, chief political correspondent for Channel Nine in Australia unpick how Beijing is redefining espionage for the cyber age. Pic: Sam GeallSee omnystudio.com/listener for privacy information.
In his 2011 State of the Union address, President Obama called China’s rise a new ‘Sputnik moment.’ China appears to be on the same trajectory as the US, with exponential improvements in wages, working conditions and global influence. Today China is the second largest economy in the world and many believe it will overtake the US by 2020. What is the next move for the US? Join NYU professor Ann Lee to discuss a new way of looking at US-China relations. The US cannot ignore China’s shortcomings, but must realize that learning is a two-way street; what can we learn from China so that the US may remain strong throughout the century?