High temperatures engulfing massive tracts of land in 3 u. S. States. And arrested for criticizing the government crackdown lawyer and activist maxine snack is the latest opposition figure to be detained in belarus. No fires are again burning near to a greek migrant camp that was all but destroyed by an overnight blaze its left south of Asylum Seekers without shelter but locals are blaming them for starting the fire people are reportedly fleeing the area again as the new bases take hold around 12000. 00 people were housed at the maria camp on the island of lesbos Officials Say the fires were started by refugees forced to self isolate after testing positive for the coronavirus concerns of a Public Health crisis arising with the whereabouts of more than 30 migrants with coded 19 unknown. Correspondent on surpluses in the lesbos forest so what is the situation there now. Hello lauren as you can see over my Left Shoulder the fire is still burning well rather its burning again because the f
Has to consider a much broader impact what happens to society as factories move about what happens to the Public Health sector whether there is an Opioid Crisis do you think industrial democracies have managed globalization in their prosocial rather than corporate ways. They have not understood that the rules of the game have to be changed and we are still. Living with historical legacy stuff industrialization because if you look at the Social Security systems Education Systems most of the most a legal frameworks in the investment world all of them are designed for industrial face of technology and now were moving ahead and i think the problem is that our concepts are lacking behind what youre saying is that the government didnt do enough to create new jobs to compensate the schools to make sure that people are not taking drugs rather than you know taking measures to make sure that industrial capacity is kept where there is good tech and so typically explanation is that market is going
Considering that we are hitting at sitting at super low borgen drapes right now john deere a bellwether for the agriculture and farming industry missed earnings and lowered guidance on friday due to the high degree of uncertainty around the u. S. Trade war with china Equipment Sales at the manufacturer declined 3 percent compared with the same last quarter fell in many men machinery manufacturer caterpillar also mr earnings and revenue estimates last month and cited farmers disappointment and postponement of major equipment purchases this data falls in line with previous reports of a slowdown in capacity as businesses tighten spending as trade war head winds intensify retail sales in the u. S. Were decent for the month of july as it increased by point 7 percent in july versus a cement point 3 percent the study pace of Consumer Spending is somewhat we assure and of the healthy labor market and low Unemployment Rate however keep in mind that these tend to be lagging indicators. Recession
Fed reserve was. Much on the top and hasnt responded nothing gets a lot out of what has happened but its not for fools who want to get anything like 2000. So another big slowdown scare this week was actually germany after the official g. D. P. Think i showed a contraction on point one percent in q tip so we may already be in a 2nd quarter of the contraction which would meet that textbook definition of a recession is the german recession already on its way and similarly whats the most important metric to follow when trying to make that call. I think it is germanys having a recession and germanys christ didnt have a credit because german banks and german policies are actually discouraged brought in borrowing and theyve survived mainly on huge strides. But that is a selfinflicted problem as germans are obsessed with running a balanced budget or even better that i think runs us but theres more monetary theory in the sauces if the government runs a service because the private sector they ha
John deere a bellwether for the agriculture and farming industry missed earnings and lowered guidance on friday due to the high degree of uncertainty around the u. S. Trade war with china Equipment Sales at the manufacturer declined 3 percent compared with the same last quarter fell in many men machinery manufacturer caterpillar also mr earnings and revenue estimates last month and cited farmers disappointment and postponement of major equipment purchases this data falls in line with previous reports of a slowdown in capacity as businesses tighten spending as trade war head winds intensify retail sales in the u. S. Were decent for the month of july as it increased by point 7 percent in july versus a cement point 3 percent the study pace of Consumer Spending is somewhat we assure and of the healthy labor market and the Unemployment Rate however keep in mind that these tend to be lagging indicators recessions have always followed through an all time low Unemployment Rate. And here now to