19 Burst results for "Indonesia Philippines"
"indonesia philippines" Discussed on Bloomberg Radio New York
"Alex Steele is out today Well of course the major geopolitical story over the last couple of weeks has been Russia's invasion of Ukraine and here at Bloomberg We've been kind of looking at it from the angle of its impact on the global economy global financial markets Right now we're going to talk as a relate to emerging markets and for more I'm joined by Bloomberg intelligence head of emerging market strategy and research alternatives guarantee Guerra thanks so much for joining us here You know you think about these geopolitical risks Now it's another headwind that a lot of investors have to deal with From the emerging markets perspective how are you thinking about it Yes thanks followed Hello to delight being here Look from an emerging markets perspective Russia is a very very small part of the image market equities index And clearly while there have been significant headwinds and cross currents that are impacting EM equities if we look at a numbers EM equities are just down on an absolute basis perhaps about mid single digits for the year So we are doing quite well in terms of holding up And there are two reasons for it One is from the pockets of value like ASEAN especially Indonesia Philippines and Thailand and the significant value good policy and local relation to ending happening in Russia We have Latin America where given the strength of the commodities complex those markets are hanging in really well And in China policy is easing So we actually have some very good things happening in EM despite all the negative headlines that we see in Russia All right so let's go there Give us a sense if we wanted to allocate some capital to EM here Maybe we're a little bit concerned about some of the existing markets So if I want to go EM how should I think about it If you really want to go EM EM equities and if you have a one three or even a 5 year view of emerging markets clearly ASEAN countries are the place to go We think that both policy are being very very pro cyclical and focused both from a macro standpoint government policy as well as fiscal it's all kind of coming together really well The holdings in these companies IE these are not crowded trades A lot of managers are not in these markets today So that is helping as well And see from a valuation standpoint you're not buying equities at a very high valuation in these markets So these by the way are very small part of the MSCI EM index So this is a significant opportunity to go overweight there Latin America is a close follower the only reason why it's a close follower because for example Brazil is up 20% for the year This is on the back of one three and 5 year underperformance Significant opportunities in Mexico and Brazil as well One of the big moves that we've seen in the markets over the past couple of weeks and in large part driven by the geopolitical uncertain coming out of Ukraine has been energy You know you had Brett crude well above a hundred and dollars a barrel a $105 a barrel that really got investors interest here How does that impact how you think about EM That's a very profound question In terms of energy EM is a combination of hasn't have not They're clearly markets like Russia which at this point is almost uninvestable But a few other markets like that Mexico Brazil they are beneficial from high energy price and clearly China and India the two big markets that hurt Having said that we think that just given the macro currents in all these other markets unless energy prices really break one 25 to one 30 we may not have big problems having said that India is one market which we worked very closely There's a lot of things going for India or the longer term we absolutely love the market But we are very concerned about oil prices That's one of the largest importers of crude There's not much domestic production internally and there could actually be a couple of election results that could go against what the consensus is today And it's a very very well held market IE It's a consensus overweight with an active VM manager So India is one market that we were very closely watched And that's one of the reasons why tactically we are neutral to slightly underweight India Now Russia again we let off by saying it's not that big a part of the MSCI emerging market index but tell us about how you think about all the sanctions that we've been reading about over the past couple of weeks It seems like it's almost impossible for that economy to put any growth up whatsoever Well I think it's quite obvious that these are more than crippling sanctions I mean these sanctions could decimate the economy as the new So from that standpoint Russian equities always traded at a significant discount for the fear of exactly what has happened over the last past few days And now that fear ideally should be in the price whenever prices get set at a more normal way We think that this is going to be a very very long haul I mean in many ways these markets are an investable at this point Now having said that there are always some companies that are doing the things right from a bottom up standpoint Now can they operate in an environment where the macro headwinds are so strong Or do they get decimated But the point is when would be that point when the macro headwinds can be looked past Yes that term utterly uninvestable I've heard that in several quarters and boy if you're a business person in Russia a central banker in Russia a commercial bank in Russia that is really really tough to hear and the question I guess for a lot of people is.
"indonesia philippines" Discussed on Bloomberg Radio New York
"Alongside Tom Keane and Lisa Brandt some Jonathan Ferro some price action we need to talk about futures up 11 advancing a quarter of 1% on the S&P 500 Euro dollar a week a dollar firmer Euro off the back of a move to one 12 in the past week one 1343 We're positive there two tenths of 1% Two more currency pairs I want to talk about Let's start with South Africa a 25 basis point move at the South African Central Bank Widely expected that's what we get a split decision though of the 5 NPC members three voting to hike two to hold It's only a little move off the back of that Dollar round still near the highest session But this is the currency pair that is at the ding dong heights at a session right now Tom It's dollar lira through 11 a clean break of 11 a four percentage point move after another big rate cut a rate cut from the Central Bank in Turkey One of the things going on here is a lot of moving parts And with Damian sassa our chief emerging markets credit strategists we can talk for two hours but we're not going to do that today Damian IMF essays from a time of crisis Stanley Fisher's classic book that he wrote in 1998 off the debris of the 90s How close are we to the 90s Well you know I mean look you know this is an unprecedented era right now in terms of the amount of rates we're seeing across the whole of emerging markets I mean Tom the correlation between the number of red coffee cups and the 6 four cafeteria and the losses we're seeing for the Turkish lira It's just uncanny So for me what you got to focus on is the fact that net FX reserves what makes this time different in Turkey is that Netflix reserves are negative negative $36 billion So they really don't have a lot of insulation to protect against the run on the lira And that's why we're seeing this digital binary move to the upside $11 today I mean it's pretty unbelievable I mean you see it on dollar Lear out to 11 in all can go to the politics of it in air to one The idea of idiosyncratic you and I know our Ecuador at some point it's not idiosyncratic What should our audiences look for to see that switch from idiosyncratic to not Well I mean you're mentioning Latin America so we can't talk about countries like Ecuador El Salvador Costa Rica all the distress sort of lad am high yield players without talking about what's going on in Argentina 6 out of 8 Senate seats during the midterms no longer in the parent his hands is the first time since the 1940s with a peronist have not had control of the Senate Now many may think this is a good thing In fact you're seeing investors bit up bond prices Argentine bond prices We all know Argentina's defaulted There are serial defaulter But they've been em up in recent just overnight in the last few days after these midterm results But the reality is we might see more populism in the near term by Fernandez in Argentina which would be bad for the economy as he tries to protect his base and stop from becoming a lame du president through 2023 but again you know for the immediate term this is good news for Argentina So amidst all we're seeing in places like Turkey there is a spattering of good news and I guess South Africa is just the fact that they hiked rates by 25 basis points They're getting the message is more good news in my eyes So Damien then why is the market not getting the good news You're seeing the sell off continue in the South African Rand You can see a real skittishness even when there is a more hawkish tilt because it's not satisfying the degree that perhaps traders think is necessary What's going on It's everything you talk about each and every day Lisa it's inflation inflation inflation It's going to be the dominant three into the first half of 2022 in my opinion before growth fears become the dominant theme in the second half in my opinion Anyway So I think you're absolutely right The markets are focused on inflation They're looking for central banks to get ahead of the curve and they're looking to see which economies can stomach higher interest rates that they can still grow within themselves And that's where the rubber meets the road There are going to be certain emerging markets that certain certain emerging markets that can not We saw overnight Indonesia Philippines leaving rates on hold they feel that inflation pressures are manageable there and their economy is desperately need to be stimulated in order to continue their growth trajectory You mentioned the growth inflation mixed there I wonder how you think these issues spill over to develop markets from emerging markets through next year For me it's going to be the fact that is the U.S. resilience is in April I mean Jonathan the fed may actually be encouraging another taper tantrum just by being so transparent in their moves And I think this is the risk that emerging market practitioners are now warming to The fact that if the fed has to play a little bit of catch up here and move a little bit more aggressively in terms of its taper I mean that can be really bad right now All they're doing is they're scaling back the pace of the tape but they're not tightening yet When we see quantite all bets are off we'll see how the markets react then I mean you're specialized Do you wait for the tourists to run away And when it gets really really uncomfortable you start to lean back in I sense from you you don't think we've had that moment yet Well I mean globally in terms of emerging markets probably not but I mean look in China right now I mean you know the high yield market is sort of recovering valuations are recovering You know we talk about the relaxation of property lending in China and how all these defaults all these miss coupon payments we've been talking about it for months and months and months But now you're starting to see investors come back in why because China's kind of taking the kid gloves off It's allowing property developers to access the access The asset backed securities market it's been on freeze for three months They're allowing them to lend it more favorable late rates and they're offering more favorable rates to state owned enterprises to go out and acquire these troubled managers So all of this is good news and we're finally seeing that reflected in one small area of the emerging market landscape But structurally I'm a dollar bowl I have been for the better part of the last decade and I don't think that's changing anytime soon So that was exactly where I wanted to go the idea that perhaps you saw capitulation in the Chinese developer space at least if you take a look at how high yields went is there anywhere else in the world in the developing market complex that you're seeing capitulation that gets your interest Well I wouldn't call what we're seeing in Argentina overnight capitulation but certainly one of our calls I guess our contraire and calls this year was that we would see Argentine dollar bonds appreciate and generate a little bit more of a total return than they have already We might be on the verge of that I don't know But you know that was definitely an area We thought that valuations were really kind of mispriced And again it comes down to the IMF $53 billion of debt with the IMF another I think 44 billion coming due over the next two years So yeah we've got to see those negotiations progressing the right way And I think we're going to get closer to that here in lieu of the midterm results I mean just quickly Look around the world right now Who do you think has got the hardest job in central banking Oh well it's got to be the U.S..
"indonesia philippines" Discussed on Venture Stories
"Digit acorns A bunch of other applications already. I think that that will continue to grow as a as a trend. Think that will start to see more and more applications that are really helping. People live with national. They wanna live david. Why don't we pretend that you're back. At spark era veteran. He's a great. Vc firm focused fully on nbc. And you in between twelve hundred thesis twenty nineteen. How would that thesis will be somewhere. What would be different. And what in the macro environment has changed that. Would that would lead to that a bunch. That's of all than i think there's a lot of really interesting opportunities that exist so a couple of things i'd say one. I think a lot of the trends you've seen plan in the us in a bunch of sort of western geographies in fintech are playing out all over the world right so one of the companies that i helped goldman invest in recently is is a business argentina. Koala which you can think of it. It's sort of like you know chime or monzo revolution but in argentina. The business is growing like a weed. I mean they've been around for maybe twelve months. They signed up. You know i don't meaningfully over five hundred thousand customers in argentina so population adjusted. Its millions of consumers. Us you know and it turns out that when your product is really good and then you don't have competition. And the incumbents products charge fees on everything like the thing grows and people spread the word and there's this massive viral in reality and so i think investing in fintech in emerging markets is something. I'm super excited about. You're gonna see this in indonesia. Philippines vietnam like north africa eastern europe..
"indonesia philippines" Discussed on WILL 580 Ag Reports: The Closing Market Report
"On this friday afternoon. Let's turn our attention to the weather. Forecast joined by eric snodgrass. He's with nutrient and agreable. Thank you so much for being with us today. I hope you're looking forward to a great labor day weekend. Oh yeah. i'm actually going to take monday off. So i'm gonna. I'm gonna let the weather do its own thing and i'm not gonna even look at it for one day. Try to just try to pull back and enjoy a nice weekend with my family. Who can we make a bet on that. I would probably lose. Because i'm addicted and i probably get counseling. But i'm sure i'll still look all right. I'm sure you will look but what i wanted to do. I this afternoon is to look back at the month of august because it seemed like a strange one to me. Yeah you know what's funny is sometimes when we go back historically process weather data to try to draw conclusions about how whether influence a crop we like to look at it based upon a calendar month right so like oh what happened in august of nineteen august of two thousand five or whatever and in reality when we go back and look at august. Twenty twenty one. We need to remember that. It was kind of a tale of two halves front half was substantially different than the latter half. I mean in the last half of august parts of the western cornell received between twelve and twenty inches of rain in some places the front half there was no rain and it was super hot in those areas. We then transitioned here to a really hot time period in the middle of the month toward the end. And now we're gonna finish it on this really cool. I mean it's actually beautiful outside today even though we have some rain come in. It's still quite nice. And so you're gonna look back at august and think about it. Being a very critical month of course soybeans and how corn is gonna fill but but the reality of it is it was. It was a month that finished way different than it started in a lot of headed with heavy rains. Not only in the western corner. Then of course with three tropical systems fred anri and then the powerhouse of ida. Do we know because when this happens once in a while what it actually looks like in the month of august is normal because one half was really hot any other half was cooler and one half was dry and the other hat was f- was wet. Yeah and you know what's funny. As i was trying to explain this to somebody the other day i said when you think about what an average weather day is you have to remember that. It's taking the average of a bunch of chaotic days right in fact in any given year now. This is pretty crazy. I used to teach us at the in any given year. The total number of days where the actual high-temperature matches the average high temperature is usually less than ten. So there you go you we use it as a baseline but it's never their. Wow okay so let's look forward then okay early harvest weather. What do we see in the next couple of weeks. Well i got some new data late last night. And i've spent a lot of time looking at it and this is what i'm thinking about so i'm going to go all the way up to september fifteenth. Let's just start there and go to october fifteen. That's a critical time period for both us in south america. Which i'm sure we'll talk about next. So here's the thing what we keep seeing in the models is that they're trying to dry out parts of the southeastern united states and why that's critical for us here in the states is to do that there. There needs to be high pressure. And if there's higher atmospheric pressure in that area sometimes that we can get out of that is what we called ring of fire precipitation patterns. Now we don't like that of course during harvest because that means we opened the gulf the moisture staples around the big high of the southeast. Which means it goes through louisiana arkansas missouri illinois and we can get this heavy rainfall events. It seems as though we're gonna see that a couple of times in september i don't see it lasting and that's the good news that means by the time we want this crop to dry down. We are going to have a better shot at having normal fall weather. I do also think that throughout the that same. Thirty day time period september. Fifteen october fifteen. We're gonna favor warmer than normal conditions over the whole time but remember we're going to be averaging a whole lot of ups and downs because september transition right. We're moving toward fall. Which means we have the fronts. That knocked the temperature back in then. Thank we'll see next week. Temperatures go back up into the low to mid eighties. So that's going to be the of it as we progress for toward harvest. The good news is. I didn't say anything there that was like shocking or alarming or lookout. It's coming you know that kind of stuff. So kinda like the way. Things are shaping up. Hey south america in now they have third crop corn. It's not big enough for us to talk about so. At least we get some time off from from the southern hemisphere. i think But not long because we need to start talking about it. Again is planting season is upon us shortly. There that's right. I mean planning season. There starts in twelve days there. Get the green light to start planning like monte grosso on september the fifteenth. and what. We're seeing right now. Is that same time. Period is favoring drier conditions. And i've been talking about this. We knew that because this alanine is trying to get its act together because we have better rising motion over australia and indonesia philippine islands. That there's a better chance for south. America to be drier. plus given the ocean temperature patterns. Where the inter tropical convergence on. There's a new word we don't often use here but it's position all of those things kind of indicate maybe a slower start to the planting season now to say that it's going to be a slow as last year isn't really in the cards though. But i do think we're gonna have some delays early. But they're going to be very aggressive on the question is will they plant in less than ideal conditions just to get this crop in because we are expecting big acreage in south america this year. So i think it's all going to be a bit of a wildcard at the start and then remember if we do go into you know alanine fall and winter for us. that'd be spring and summer for them. that could bring about reaching drought issues. Maybe something similar to what we saw last year. Indeed hey thank you. I will depend on you to keep an eye on that and no to watch the weather every day. Okay it's like you in a radio you don't get a break from it. You know. Andy thank you. You have a great labor day weekend. Thanks you too. That's eric snodgrass. He is a nutrient egg. Solutions and agra will join us here on the closing market report. It came to you from illinois public media..
"indonesia philippines" Discussed on Richard Herring's Leicester Square Theatre Podcast
"With michael shane. Yes loss is for you. Kind of wife and said icon. Do this con- 'cause you're 'cause you 'cause i've gone back tomorrow. Devon never come back wins news tomorrow. I think i would have done i. I'll tell you my thought process they right. We're filming on wednesday. Who's available. And i heard you say on this podcast that you pretty much available all the time and go on crystals and i thought it would be fun and who do i think has a range of knowledge. I think we'd tonight. I think we'd win together. You know music music. I don't know richard herring. Adam buxton all right go bucks. Buckley's buxton wasn't any since me and steve pemberton. Oh which is equal. I'm very happy but you're definitely yeah. I watched that could be made. Because i know what i was gonna ask about. The taste is well. Let's talk about the tanks. I like whether it's when you get when you win the tabloids chase they say all the people furious on twitter with they were they were very significant for the low because he would you off at one hundred grams five to grand and the girl before you that i in seventy thousand pound. That's right and you didn't even go over five thousand and let me remind you of the twenty one points in the final round who scored seventeen. If i if i hadn't got back to the final round you can have lost one hundred seventy thousand seventeen people who really know how to play the chase. Understand why i made that show for. You are meters. Oh pointless celebrity was played playing the base. You tried to do. Mr sheen joke at the beginning and then there was a question about pie. Which new got for you. If i've been on your team how many places to give you look like you've had a little pie in your life. Yeah people got upset. They calling mark fat on the whole missing the show. The thing bradley says every week is mark. Levin the beasts teaser fucker. Me saw something. Something you know won't stop quitting because it was about it wasn't even you know life in the spirit of the show may pie joke colin monk. Terrible you still wake up because it was. It was right down to ten seconds to go. You had a chance to pull one back. He said indonesia's philippine. Yeah do you regret you still wake up at night and thinking about it. I don't because i got seventeen of the twenty one so. I don't think i'm the one who should be answering these critical questions. Talk to martin bell. The people on twitter did say he. You know he did well in the last round though. I mean it's a cliche but a different thing when richard. It's not the same as being in your living room. It's really i'm gonna. Have you ever done tipping point. I'm doing tipping point in july fantastic. I my aim is to do. Every single british quiz is my. I was gonna suggest it comic relief but i missed too late now because i'm saying it published. I was going to see if one year. I do every single british quiz show but try to get away with no one knowing me. That's going in character a different character and then at the end of the year oncoming they would show the clips. I'll be able to go. Oh my god. It was comedian. Michael sheets and it would satisfy my weird obsession with british quiz show. I would love to do typically interesting because the very first time i watched tipping point with ben shepard. I thought this shit. This is the worst thing in the fad board walked away. Why is this the tv. i love it. I love me and my mom all the time. I get my mom to the chase. Celebrities a pointless particularly pointless celebrities. I'm now tipping point tipping point any tactics because it's working out where the goal things going to. I'm looking forward to the conversation. Because i'm just going to bench him tons. They asked me where it's gonna. Let's see scrap to him. It's random. I think i think why we talk about. This is going to happen in second. Let's just stand here enjoying each other's company until it comes happening did you see bob mortimer on. I think bob mortimer had the same idea as me at one point. I'm going to be on edge quiz show. Because he was on every question for awhile boots and he was fantastic. Yeah he was so good. I loved him boy but is quiet. Read to see your big hollywood star. You don't have to do these kind of shifts. Don't like this like this. Even someone like me. I love going on was on public. O- the other that is wales's welsh language that as wales these wells language soap opera turned up. I can't even speak well. I turned up as a doctor or one seen in public. Because i send you can be stuff. Remember when ian mckellen clearly went. I don't give a fuck. I'm gonna do pantomime and i'm gonna do clinicians to remember when he did that. You went through that phase. I love that. But i love it to. I think it's a very actors who you're very serious. Antony do the serious stuff really. Well you do the comedy throughout. But it's great to just so i can do. You can do. Different types of the main reason is because so. My daughter grew up in los angeles in america with them up. And so i ended up living there to be with my daughter and so i was so i was forced out of essentially forced to have a career with integrity. 'cause i couldn't be here to do the stuff i actually wanted to now. The my daughter is.
How to Photograph the Upcoming Lunar Eclipse
"Lunar eclipse. what is it. well most of us learned about this. I think in grade school right. It's when the earth moves between the sun and the moon and so there's a shadow and then this happens in phases doesn't happen all at once Although if you don't see it coming on you can look up and go. Whoa what happened there but generally speaking. We know it's coming. You know so there are these seven phases of the eclipse. All of them are interesting. The photographs but of course we want to hang out for the total eclipse. you get the money shot and then keep playing after that happens. Let's talk a little bit about you. Know what are some of the things that we need to know how about. Where can you see it out with that. So according to the article here the may twenty six two thousand twenty one. Total lunar eclipse will be visible in the united states. Canada central america south america antarctica new zealand australia japan china indonesia philippines malaysia taiwan and south korea so depending on where you are will be how much of the eclipse you can see is total eclipse all that kind of stuff. Now in terms of timing. I look this up. So for instance san francisco. The eclipse begins at four twelve. A m maximum eclipse is at four nineteen and then the total eclipse ends at four. Twenty six so you have a good fourteen minutes earlier to play around. And that's that's nice. It's nice having the time to get some shots to be ready to do some testing now. Of course the exposure changes drain all the different phases. They clip so you know we. We do have to do things while we're there
"indonesia philippines" Discussed on Bloomberg Radio New York
"Bloomberg news Bloomberg radio now on global news update let's do a check on the markets pretty much a mixed picture here in Asia investors digesting those earnings numbers from clarity on the impact of the pandemic on companies the IMF like we said bracing for the great love down recession the wasn't almost a century so lots to digest in the CSI three hundred well open low and high yeah now lower again currently down by about four tenths of one percent we have the financial still down despite the PPO see cutting rates to adding liquidity billions in according to the banking system one yeah and the last at two point nine five percent not entirely on expected as Kathleen Hayes told us that China has been showing some resilience straight numbers contracted better than expected those still in construction lending credit hit records show some residents there the CSI though still down about four tenths of one percent interest so I also low volumes down about sixty percent from peak only this year we're keeping an eye on MGM China people familiar say MGM receive the okay to amend revenue to mend its known of nine point seven billion Hong Kong dollars MGM thirty percent down year to date a streaming shows no it's under some pressure the government allowing people to dip into their retirement savings to help them overcome the pandemic impact that could mean billions in dole out flows and the benchmark in New Zealand among the biggest gainers today it re entered bull terrier tree this morning more support all the way finance minister grant Robertson says who tapped the tax system to help small businesses of course New Zealand on low down for about four weeks and the page take a look I tell how we're doing into the southeast Asian markets speaking of bowls so the index for Southeast Asia I re entering a technical bull market yesterday Indonesia Philippines among the fast to rise twenty percent from lows reached just weeks ago and that we had Vietnam and outperform is gone from one of the was to one of the best from March to April rish yes it is a gonna give the name of his sister on the forty five minutes ago before we get underway that doesn't of weakness down the future for the nifty this trading in Singapore the rupee pretty much stable seventy six rupees twenty seven pace of the yield on the ten year at six and a half percent a lot of data coming out that we could trade numbers exports imports also wholesale prices all out later today and on top of the line to perhaps a bit more negativity.
"indonesia philippines" Discussed on The Knife Junkie Podcast
"That you know everybody's throwing up on the comments you know what they carry it in their pocket and you an Alex Guest Co host. Last Thursday had chance to kind of riff on those a little bit. So I think we're GONNA be Doing the pocket check as a regular thing on Thursday knives. Yes yes I. I realized On that evening that I hadn't done that in a little while I think so it was so cool to hear people chiming in with what they carried half of them. Were probably lying. But I'm just kidding There were some pretty sweet knives named I think someone was carrying. Brian E froze. He's a new a new knife maker a relatively new That making some cool stuff I saw. I saw your writing down. You know it's like Oh we gotta have that one to my collection. How many pages is your is your to buy list now It's a shortlist matter of fact I try not to keep one. I try not to keep on though though from time to time. I'll make a little list. Okay all right. It's time for some knife. History with the first tool here on the knife junkie podcast. I wanted to talk a little bit about the Chris Jim. Because I've been talking a lot about the Chris recently with the two releases of two twenty twenty cold steel releases the signature series tyler. Light Chris and the The extra large Voyager Chris These models really. I was looking forward to something from cold. Steel in a Chris form and then they came out with something this year and so I was very happy snatched them both up But it made me it. Made me think about Chris's a lot and You know when you show the knife to people. They initially frequently will initially assume it's just kind of a novelty there to look cool and You know to be scary but really the Chris. Shape BLADE has while it's been around for a long time and it's had a mystical significance. That people are aware of but it's also very very practical weapon not not maybe so much a utility knife but it is an incredible weapon so anyway. The the Chris came out of Southeast Asia Malaysia Indonesia Philippines that area and They think that it Job I guess is where were initially sprung up. They think that it was perhaps a an offshoot of a of a long wavy bladed glaze like weapon That the Chinese used in how everything just kind of you know. Human History is one big long movement people moving around the planet and you can really track that when you look at. Blade's you can see how weapons especially in the Philippines. A were evolved from European Chinese African. Because there are America time a culture so they had all these influences. The Chris is a wavy bladed sword. which sometimes you'll see in a straight blade They think that it comes from the stingray. Tale as if to emulate the tale of a stingray and it frequently will have a handle. That's angled off of the blade in such a way that it facilitates sort of a pistol grip or an extension of the forearm so So that when you're thrusting forward your hand can take can stay in a natural posture. Okay so this is the a really interesting thing. When I started looking at Christie's a real Chris and actual Chris has to have a a rough surface texture. Because what they were doing is you had to. You had to make a Chris from a number of different steels at our number different metals and it it would end up rough and greeny and sort of Damascus in you know with swirling patterns you'd be able to Especially with an assets. You'd be able to see the different steals in the Blade. And the reason that they are frequently rough and kind of grainy in texture fizzle physical texture is that Meteorite was seen as a critical ingredient in the steel if you could get your hands on some meteorite which obviously has magical qualities to it and blended into the steel and folded into this. You have a better blade but also creates what the blade smiths down there called. Paramore Amer P. M. O. R. Which is that sort of Patina? That sort of rough grainy Patina and it's interesting in the book I was reading. I have a bunch of books swords as you may imagine. One of the books I was reading was saying that many many a knife collector has destroyed a fine Chris by thinking they needed to Polish. It by thinking get some old busted and they. Polish away the The Pamper the blade. So an interesting one of the design qualities of the Chris is how it widens at the base So you'll have these sinuous curves and as it gets towards the The Hilt it widens out into a bunch of symbolic notches and teeth That are kind of carved into the hilt. It extends a a back over the wrist more than it does over. The fingers and these teeth can be used also in a battle like fashion. If you're if you're up close Those teeth act is You know as weapons in and of themselves now due to how long and how difficult it is to forge in the waves of of Chris Blade. You will also see a lot of straight bladed Chris's because they're quicker easier to make and You know take less skill different. Smith's have different skill levels. And if you need a Chris Pretty quick the battles coming you're not gonNA worry too much about about the waves of but the waves themselves Symbolic of a stingray tale also The number of curves has some symbolism. I know that thirteen is a is a big number with the curves in the Indonesian Chris's but I'm not exactly sure what that means. They also have a very practical application in a slash those waves if you're slashing against someone's flesh with those waves they act as a sterilization as a nation. So it's like the undulations act as durations like on breadknife and cut cut and slash ever deeper but also on a thrust. The waves have the practical application of widening. The wound channel as as pushed forward Because because of the waves become ever thicker and wider it. It has that. Sorta grizzly sort of effect so a couple of interesting mystical aspects about the Chris and old Chris. An old well used. Chris should be raised to the forehead in in a salutation. That's part of kind of the Cali salutation to show respect because these things have magical forces in them at least that's that's how it's perceived. You're never to point the Chris at any one even if it's in the sheath because it will bring bad luck on that person. Oh Yeah it'll project it's magic. Hopefully you haven't done the with yours. Well we'll get to that in a second. I found out something interesting about my Chris to match the Chris with the user. So if someone's going to the Chris Store and buying a Chris and like Harry Potter and Lawn store. Yes exactly you hold the Chris in your hand and you repeat this sort of poem It's kind of like she loves me. She loves me not she loves me. She loves me not she loves me and if you end down she loves me. Not You put that Chris. Down and you pick up different Chris because that is not the Chris for you So that's like it. Obviously it's not. She loves me. She loves me. Not It's a it's an ancient Southeast Asian poem but it Kinda has the same effect interesting now. In peacetime. A real man walks around with his Chris all the time but he leaves it on the right side and that that shows that with his right hand it would make it much more difficult to draw and use it so so yes. I'm a man. I'm wearing my Chris. But it's on my right side that means on chill and it's peacetime but in confrontation on the street or in battle you move that over to the left hand side and it means. I mean business. So you're shifting that Chris over to the left now can be easily drawn with your right hand and you can interesting go to work and oftentimes battle. They would bring to Chris's or three Chris's to meaning one wielded knee hand the Philippine especially in the Philippines. They're very good at that sort of two handed fighting. And then the family Chris also with you to bring you good luck and and magic in Java the Kris which in Java is long and thin and very curvy is used to x was used for executions kind of Roman style. If you've ever seen the movie gladiator towards In the beginning Some treacherous captains are trying to kill the main character maximus and they put him on his knees and they're about to thrust the sword downward a parallel to the spine between the clavicle and the and the Shoulder Blade and it goes right into the heart and kills you pretty quick while they would do the same thing in in using the Chris except they would put a wad of cloth there and thrust through the cloth and then as they draw it out white the blade off very efficient pretty entertain yourself anyway. It obviously a brief bullet point Look at the Chris. Because it's a very long an interesting and convoluted history because of all the many many thousands of different islands in South East Asia that it resided on in these different archipelagos. So I have a Chris. That's been hanging on my wall behind me. If you've ever watched Thursday night knives you've seen it and in doing this research. I realized it's not a Chris after all it's called son. Dang and a son Dang is polished bladed sword so the elements of making the sort are different It's a polished blade. The blade is broader thinner and Has a long portion of straight after the waves it's got an s shaped hilt a tubular handle. And all of these things. Make it not a Chris. I totally thought I had a crisper years years but but. I have a Son. Dang and actually it's a very robust sword and maybe even I don't know I don't know maybe better than more battle worthy who knows your son. Dang is better than a Kris. Okay and just in wrapping up. I WANNA reference how I brought this in the cold steel.
Coronavirus And The Global Economy
"So let me start with this mark. How would you characterize the effects on the Chinese economy? So far China of course being the place where The virus originated and also wear it hasn't affected the vast majority of people who have who have gotten infected highly disruptive of The Chinese economy is Largely shut down. I think the most recent numbers around sixty million Chinese are on quarantine but the the rest of the country is basically on lockdown. They should be. Everyone should be back at work now and they're not they're at home stuck and Schools were closed and people are are working you know. Obviously China's key to the global manufacturing supply chains so US auto manufacturers apple would be the most obvious examples for Americans Americans but you've got companies from all over. The world have set up shop in China yet mark. Can you actually walk our listeners. Through this idea of China as a huge part of the global supply chain That seems to be one of the most important concepts to grasp in trying to understand the potential effects of the corona virus. Chris Yeah so when you get we buy apple phone that might be produced in China. A lot of the components of that phone are produced. Other places You know it could be produced in Thailand produced in Malaysia. The complete produce Taiwan Korea so What happens in China reverberates around the world because China's a at the end of that supply chain? Yeah and mark you used in earlier. Virus outbreak in China as a kind of template blade to try to estimate the potential economic effects of VIS CORONA virus Can you kind of explain how that comparison works and what conclusions you arrived at. Yeah that's the SARS pandemic that hit back in two thousand to two thousand and three which wasn't as widespread as this virus errors and it didn't shut China's economy down to nearly the same degree but that event cost the Chinese economy about a percentage point of GDP he in calendar two thousand and three so it did a fair amount of damage to the economy. And to what extent do you expect the virus to slow down a Chinese economic growth this year. What what are some numbers? Yeah under the most likely scenario. This is based on talking to a couple of epidemiologist colleges on how this might The virus on Fox obviously depends on how widespread the viruses. How virulent it is how long it lasts? and The thinking at this point is that the virus will peak Sometime in late March early April April and kind of wind down by the summertime summertime June July but if that's the kind of the trajectory here then that all cut about two points from GDP Chinese GDP AP in the first quarter of this year In about eight tenths of a percent off of GDP for counter. Your twenty twenty doesn't sound like a whole lot but for China that's a big deal. Sure and you mentioned that the last time a virus like this too cold China China was a much smaller share of the global economy than it is now to what extent will that affect other countries throughout the world and their prospects recommend growth this year. Yeah that's right right so go back to the SARS. Two thousand to three China was about four percent of global GDP today China's about sixteen percent. What of a global GDP? So if China goes off line the economy goes off line then that will have ripple effects all across the globe there's ripple effects we'll hit the rest of Asia. I you know Malaysia Indonesia Philippines are tied right into China's of factories aren't functioning in China. They'RE GONNA start shutting down in the rest of Asia the other link to the rest of the world particularly emerging world is commodity prices. Take Copper. I mean the Chinese Chinese consume a lot of copper because they goes into one of those factories coppers using a lot of products in that copper's produced in Chile Because has everyone now knows China's not going to be producing stuff and doesn't use much copper copper. Prices have fallen sharply. And of course if you're in Chile and looking at this It's pretty scary. Because you sell less copper and copper you do sell is going to be at a lower price. That's just an example but if you go throughout most of the emerging World World Latin America Africa These economies are very dependent on those commodities in in their harshly now getting hammered by all this okay and then to discuss the potential effects of the corona virus bit closer to home in the. US How do you see. How do you see the effects here? Oh less We're a little bit more insulated But we're we're not immune And the first thing that is going to get hurt is the tourism travel industry three three million Chinese or so come to the US every single year and they spend a lot. They're big spenders They spend eh fifty percent more than the typical international Foreign Traveler to the US and then there's trade we sell about one hundred billion dollars worth of product addict China every year of course if the Chinese or struggling of a Chinese consumers businesses. And they're up. They're buying less stuff that means we're GONNA it'd be Lebron Lewis stuff from us. Yeah and then mark I also want to ask you about how this might potentially exacerbate the effects of the ongoing trade war between the the US and China. It looked recently as if there might be a truce in a trade war The so called phase one deal. Is this going to be. He is going to potentially affect that truce had it. I think it does mean is is going to make difficult if not impossible for the Chinese to follow through through on buying more stuff from the United States that was part of the deal but given their situation there. It's going to be tough for them. To follow through and buys is much product from us as the agreed to in that deal okay and then To get numerical here. To what extent do you think this might slow down. US economic economic growth This year I think it's GonNa Shave four or five tenths of a percent off of first quarter growth so instead of growing two percent percent. Which is what we've been growing pretty consistently Will might grow closer to one and a half percent as a result of this in for the years a whole county or twenty twenty. You probably shave point one. Five percentage points So instead of growing say two percent will grow closer to one point. Eight five percent percents something like that so bit slower growth. I mean the one thing that makes it a little more nerve wracking. Is You know we are growing okay. But you know just enough left to maintain enough job creation to continue to keep these low. This low unemployment rate if grow slows much even a little in the virus may a be the thing that does cause the slow enough that we start seeing we also we start seeing slower job. Growth increasing unemployment and once unemployment payment starts to rise even from very low level which is where it is today. That's the fodder for recession. So you know I. I don't think that's going to happen but again you know when when we were growing slowly as we are if we grow any more slowly. That's that means. We're going to stall out in. Recession becomes Moore threat. So it's it is a bit more nerve racking then I would like to thank so much fan. Yeah anytime pleasure was great conversation.
"indonesia philippines" Discussed on CNN 10 (video)
"Second Trivia nations located on the eastern side of the South China. Let's see Vietnam Indonesia Philippines Malaysia a tough question. But it's the Philippines beans who's capitalist Manila. That's located east of the South China Sea. A state of emergency has been declared near that capital because of a recent corruption at the tall volcano. It's not the most active one in the Philippines but vulcanologists say tall is very dangerous. Because it's erupted in the past and because it's located near populated areas the United Nations estimates that more than four hundred and fifty thousand people live in the volcanoes danger zone the state of emergency naming schools are closed. So they along with local convents can be used as shelters government offices are also closed and flights have been canceled because volcanic ash. Josh can melt inside jet engines and badly damaged them after more than forty years of relative peace and Quiet Taal Volcano. One of the smallest in the world started making a whole lot of noise as we were afraid and in a panic. We're thinking of how we can save our lives it. It all started Sunday afternoon about sixty kilometers south of the Philippine capital of Manila. A violent eruption sending steam ash in rock roughly fifteen kilometers into the sky. Raining down on the roughly twenty five million people like Noel Suarez. Living Below Shimpei guy and it's difficult to get food because it's difficult go to move. We cannot use the vehicle since its money and we can't even clean it since there's no water. Almost everything is a problem now. And then you have the volcano spewing appearing again and after nearly one hundred fifty small earthquakes Philippine officials believe. It's going to get worse before it gets better. Nearly half a million residents have been ordered to evacuate immediately believing another much larger eruption and possible. Sue NAMI could be imminent real hazard as it has the potential for explosions. That's vulcanologist Eric Committee. He says that despite tells small stature. It's one of the most dangerous volcanoes in the world of Okina with deadly past claiming more than thirteen eighteen hundred lives in one thousand nine eleven in another one hundred ninety thousand nine hundred sixty five people living nearby the combination of explosions and a large population and can really are the things that vulcanologist really hope don't get combined a combination that could be fatal and his already proven to be destructive. Well that region probably is the best vacation destination at least until the volcano calms down. This time of year when folks make plans to travel aval for spring break summer break spring wedding summer wedding ski Vacations Beach Vacations or just to get away. CNN recently sat down with travel. Experts Samantha Brown Brown. WHO's been talking travel on TV for twenty years? I have been traveling as career now for twenty years. Being stressed about time is the worst thing you can do. And the way to take away. Ninety percent of your stress is to get there in time and by that I mean I always base my arrived to the airport on the boarding time of my flight. Not The departure time just this year alone. I have been on forty five flights through eighty eight. Airports checked out of thirty two hotels to see you. Oh Gosh I want everything the best thing you can do to connect with locals is smart and safe and if you're in another country the most important words to know so in that language are hello please and thank you that is it. I always try to know how to say. May I please have because I feel like as travelers were consumers. We're always asking asking for things. We always need something whether it's a bathroom more like a really good flaky croissant. And so if I know how to say that in the most polite form that makes the connection right there I think I'm GonNa have You know I wanted to try your tuna melt on the park slope sour dough please. I think one piece of advice that I could give everyone when vacations nations turn back or when you live somewhere in. It wasn't your expectation is that you need to take a moment and adapt travels travels purpose is never to be perfect. We are creatures of habit. Fear now out of our out of daily rituals let that sink kid. Don't judge a situation immediately but you should never ever cancel your vacation to go. You have to stick with absolutely did just canceling is the worst thing you can do. Oh thank you so much so I love places like this just these small local cafes. I come here probably every other day when when I'm home and it's actually one of my biggest travel tips that I give people if you weren't a place for more than two three four days creator ritual go to the same cafe every single day and then if I have any sort of Courage I can just turn to someone and say hey. We're should have dinner right. What what should I do next so it was just kind of starting a conversation being a local place and then relying on locals to take you to the next step?.
"indonesia philippines" Discussed on CNN 10 (video)
"Great to have you watching CNN ten on this Friday October fourth on Coral Zeus at the CNN center we've reported lately on protests in Hong Kong in the Middle East there have been a series of demonstrations as well for very different reasons teachers in Jordan have been on the longest strike in the nation's history protesters in Egypt and Lebanon have been calling attention to difficult economic conditions government corruption and unemployment and those same issues are the seasons for widespread protests in the nation of Iraq at least thirty four people there have been killed in three days of demonstrations and a human rights official says more than fifteen hundred have been injured including over four hundred Iraqi security workers these are the largest protests Iraq has seen in decades in addition to corruption the lack of jobs people are upset about long power outages the demonstrators have stormed governor's Office's setting fires in the buildings they blocked roads and with police security forces used tear gas water cannons in some live ammunition to break up the crowds and the government has established a curfew in the capital Baghdad and several other places it's also shut down the Internet in many parts of Iraq Iraqi leaders say they're trying to meet the demands of the demonstrators include putting working to find jobs for young rockies the National Security Council also says it's doing what it can to protect people and property but the country continues struggle from decades of war Iraq fought with Iran for eight years in the nineteen eighties it tried to take over neighboring Kuwait in one thousand nine hundred ninety but was pushed out by a US led group in Nineteen ninety-one its longtime dictator Saddam Hussein was overthrown by a US led coalition in another war in two thousand three and the nation's democratic government has battled the Isis terrorist group between two thousand fourteen and two thousand seventeen so Iraq's struggles which include high poverty unemployment continued to challenge the Middle Eastern nation ten seconds Trivia in which of these countries would you find Komodo island Indonesia Philippines Japan or Mauritius island is one of more than thirty Dow's islands that make up Indonesia this spring we reported on how Indonesia government was planning to close Komodo island twenty that report came out after several people were arrested in March and accused of smuggling Komodo dragons off the island as many as forty one of the lizards in other countries for thirty five thousand dollars each now the Indonesian government says it plans to keep Komodo island open but it'll put limits on the number of tourists who were allowed to visit last year one hundred and eighty thousand people made that trip we don't know what the new limit will be or how much it will cost to go there but the end of the government is trying to balance calls for more wildlife protection with concerns that banning tourism will hurt the residents who depend on it for their income Komodo dragon considered a vulnerable species meaning they could become endangered unless they're protected there are more than seventeen hundred these creatures on Komodo Island and if you go there commode don't feed the wildlife while they don't often attack people lizards are venomous and capable of killing someone they can become as long as ten eight and way one hundred fifty pounds a CNN hero is making headlines for her work to help heal the community in Chicago Illinois Inglewood is a notoriously it neighborhood there and on a particularly violent block Robin Carroll along with about fifty residents has turned an abandoned home and it's nearby lots into a piece her work there started in two thousand thirteen and it's grown over the years so has its impact on ever widening circles in the south side of Chicago I grew up on this class from the violence of the poverty we still commended I was worried about my if you're constantly living in fear it's not really a lot of people being shot killed I live downtown and Monday morning we start with the amount of people that were held over the weekend and could not wrap my head around at this was the city that I lived in and that I wasn't doing any think about that started out conviction unity lots all the houses boarded up people were not coming outside stood on the corner and just asked anyone that walked by are you interested in taking back to the community and everyone said absolutely yes this is the peace house this is where we started so the person who did was by this house guys then we just hired everyone in the community start that process of planting and building we serve everyone in the community your biggest goal right now is and we will help you with anything that you need jobs resume daycare get there you will work through all of what is holding you back to become the person that you have to be so we started out with this the peace house and we outgrew really fast the best we got our side lot we've put in Basketball Court mmediately we did Martin in the farm welcome welcome back home we're in the process of building now a campus we really just listen to what the community when you put your hand your heart press them together communities that have a high level of violence have high level of trauma if you don't feel peace inside you certainly cannot have peace on the outside courts we have our police community circles so that we have a better understanding I've each other and where we're coming from the C. the world the way is supposed to be when I come here the power of community through the Peace House and how beautiful world could be if we are working for one gold everything going we developed a wisdom council we ended up getting an elder from each block go to them with our problems should we maybe have a training for mental health they share all of their knowledge. around the same people that shot up and stole and her each other now come together interesting how you doing the organization has helped us to take back our black they definitely gave me the support there are needed as a single mother is my I mean we're here to This Day actually did rob insane community and I know she saved my life before the sounds the block with a lot of is the sounds of the neighborhood nap laughter burs champion trees on you the hopes and dreams for this community what ever they hope intrigue construed well this looks like a Yata Fun it's a yacht or at least a computer design of one and though there aren't immediate it plans to actually build this it would be unique in that it would be the world's first super yacht powered by hydrogen that could make it more environmentally friendly could also be more expensive to run but then again it's a yacht so money it's developers say it'd be three hundred sixty seven feet long and capable of sailing his forest thirty seven hundred and fifty nautical miles with a top speed of seventeen nuts it's named aqua other sailors might keel over with NB when the Oh you hold in the next hydro generation of boat they might not think much of your fuel source and give you stern looks while saying diesel not work for everyone or they might sail it is something great import bowing with respect your Catamaran answer I guess whether they gebu about it or hell Muick Straw its virtues depends on the tech they take and of course whatever floats your boat up your anchor for CNN. Ten and Fridays off Tom.
"indonesia philippines" Discussed on KLBJ 590AM
"My cat great to have you with us what's on what's on your mind today the environmental issue let's see if we can have a rational discussion we're dumping I believe this this stick is eighteen billion pounds of plastic worldwide into the ocean every year we have that plastic island we've all heard about it floating around the Pacific if you think we can affect the environment the ocean I thought the fires in the in the Amazon you and the rest the Republicans and I'm a Republican are essentially taking a non rational will leave his position when you make a proclamation and the rest of them we can't affect the environment that is the rational that's religious non scientific now if the oceans die mark we die we get most of our oxygen from the portal what what is and the and the trees just a just a minute Mike who do you think when you say we and you're talking about now a global damals the planet who do you think actually pollute the oceans the most I know you're gonna say that China yeah maybe second exulted no no no no no only which is you wanna play J. C. K. some let's do parade you know really just number big hit sound number two on the ocean polluting Mike Russia India America no no no it does matter actually it's like talking about the general crime problem but not what bothering about the criminals saying we're all guilty what role guilty is a full scale Lucien Mike I'll tell you who's guilty trying to produce pollutes the ocean the most way out of whack with anybody else you know who's number two Indonesia Fondane's know who's number free hello pains hi number full hello mark ma'am you know the number five Hey mark Sri Lanka it doesn't matter no no no it doesn't matter listen to this Mike this is why you guys have to change the way of doing it your liberal Gildea western liberal guilt isn't going to get you anywhere the United States supports north point three these are metric tons into the oceans compared to eight point eight she a metric tons by China then we have in Indonesia number ten celebrating some before you number four straight line can number five each of six and seven Malaysia eight nine nine Bangladesh ten what are you going to get more and what does she still pulling the ocean mark and I stopped screaming the point is you reject the scientific fact that it's important no I don't judge you would check the actual fact that aid to Indonesia Philippines Vietnam shoreline K. Egypt Malaysia Nigeria Bangladesh Brazil I am the you and I'm showing a little polluting the oceans you you rejected at the fact that we can kill you oceans kill yeah the trees make oxygen in Indonesia you keep making foreign making fun of the garbage we're putting out no no the religious dimension the religious right the religious proclamation is by you Mike why don't you call up some Bangladeshi talk show host I'm not the Bangladeshi government to stop putting Bangladeshi garbage into the ocean why don't you call up the government of the Philippines wanting you call up the government of Egypt why don't you call up Thailand one you don't feel western guilt trip might not we are one of the cleanest countries I'm telling you Canadian American Australian brother Sir I'm speaking to you yeah my little when all daily you can take a hundred the United States the dominion of Canada the Commonwealth of Australia and the United Kingdom none of them a guilty and you won't do anything about the no no no no that's like saying no no no I'm screaming you might because your it's a great deal tell me something when a guy breaks into your local general store your convenience store yes seven eleven you say we'll we'll guilty no you're fine the character John well sure whatever he's cold who did it and you get an tossed in jail unless you're not but when you say old some died broken to French convenience store last night we are all guilty it says no where I might the judge he knows of the oceans is not something that is generally assigned to Justin Trudeau and Donald Trump and Scott Morrison in Canberra it's late at the feet of all I have specific polluters starting with the Chinese politburo standing with the show these international accords way by America and Canada and Australia and Britain and France and Italy and Germany and the Scandinavians whole agonize about how evil they are when in fact the people judging the oceans of countries doing it out of all proportion to their population in the way that Vietnam is doing it and Sri Lanka and Egypt that is where the focus how many Sierra Club members Mike do you have among the Chinese politburo how many members of the Chinese politburo sitting on the board of the Sierra Club you guys need to get a you got you get do you need to get real about if you care about the oceans find you need to get real about it about them I love the oceans all my word I love a beautiful ocean front by like a bomb I'm in my office renewed and I hope they you're wrong about these conservative politicians in hungry didn't get elected all the talking about the ocean they got elected over immigrants coming in and the schooling of culture that's what they got elected now would now women and that women agreement back I I will give the I will find out the name of the number one talk show guy on radio Bangladesh he's the one you need to call my thought someone like you need to speak truth the Bangladeshi power box nine for rush more straight ahead you were listening to the EIB network you have jobs around the house you need to get done tried to tackle after talking with tackle CMO Jack Johnson that's T. A. K. A. L. can you tell our listeners what tackle.
"indonesia philippines" Discussed on KSFO-AM
"My cat great to have you with us what's on what's on your mind today Steve are mentally ill let's see if we can have a rational discussion we're dumping I believe this this had stick is eighteen billion pounds of plastic worldwide into the ocean every year we have vast plastic islands we've all heard about is floating around the Pacific if you think we can affect the environment the ocean I thought the fires and it me is on you and the rest the Republicans and I'm Republican are essentially taking a non rational religious position when you make a proclamation and the rest of them we can't affect the environment that is irrational that's religious non scientific now if the oceans die mark we die we get most of our oxygen from the proto flight but as and the and the trees just a just a minute Mike who do you think when you say we and you're talking about now a global damals the planet who do you think actually pollutes the oceans the most I know you're gonna say that China yeah maybe second it doesn't no no no no no when we change you wanna play Casey K. some let's do that originally we just number big hit sound number two on the ocean polluting Mike Russia India America no no no no no no no it does matter actually it's like talking about the general crime problem but not what bothering about the criminals saying we're all guilty why hold guilty is a full still Lucien Mike I'll tell you who's guilty trying to project pollutes the ocean the most way out of whack with anybody else you know who's number two Indonesia Fondane's know who's number three hello the Philippines fine number full hello mark see it ma'am you know the following Hey mark Sri Lanka it doesn't matter no no no it doesn't matter somebody listen to this Mike this is why you guys have to change the way of doing it your liberal guild your western liberal guilt isn't going to get you anywhere the United States puts north point three these are metric tons into the oceans compared to eight point eight she a metric tons by China then we have in Indonesia number two fellow beings number three oh three MM number for sure learned a number five each of six and seven Malaysia eight nine nine Bangladesh ten what are you going to get more and what does she still pollute the ocean mark and I stopped screaming the point is you reject the scientific fact that it's important that we don't know I don't usually judge you would check the actual fact that aid to Indonesia Philippines Vietnam for lying to Egypt Malaysia Nigeria Bangladesh Brazil and the you and I'm showing a little polluting the oceans you'll write your check that it's a fact that we can truly oceans yeah we are the trees make oxygen it's in Indonesia you keep making foreign making fun of the garbage we're putting out proclamations no no the religious permission the religious right to religious proclamation is by you might why don't you call up some Bangladeshi talk show host I'm not the Bangladeshi government to stop putting Bangladeshi garbage into the ocean why don't you call up the government of the Philippines wanting you call up the government of Egypt why don't you call up Thailand one you don't feel western guilt trip might as well we are one of the cleanest countries I'm telling you Canadian American Australian brother Sir I'm speaking to you yeah my little when all daily you can take a hundred the United States the dominion of Canada the Commonwealth of Australia and the United Kingdom none of them a guilty and you won't do anything about the no no no that's like saying no no no I'm screaming you might because you're running it's a really cool deal why tell me something when a guy breaks into your local general store your convenience store yes seven eleven you say we'll we'll guilty no you're fine the character John well sure whatever he's cold who did it are you getting tossed in jail unless you're not but when you say old some died broken to French convenience store last night we are all guilty that says no way might be to you the judge he knows of the oceans is not something that is generally assigned to Justin Trudeau and Donald Trump and Scott Morrison in camera and it's it's laid at the feet of all has specific polluters starting with the Chinese pull it starting with the show these international accords way by America and Canada and Australia and Britain and France and Italy and Germany and the Scandinavians all agonize about how evil they are when in fact the people judging the oceans of countries doing it out of all proportion to their population in the way that Vietnam is doing it and Sri Lanka and Egypt that that is where the focus how many Sierra Club members Mike do you have among the Chinese politburo how many members of the Chinese politburo sitting on the board of the Sierra Club you guys need to get a you got you get you need to get real about if you care about the oceans mind you need to get real about it I don't care about them I love the oceans my word I love a beautiful ocean front by like a bomb I bought in my office renewed and I hope they don't feel wrong about he's conservative all politicians in hungry didn't get elected over talking about the ocean they got elected over immigrants coming in and the schooling of culture that's what they got elected now now women and that women agreement that I I will give you I will find out the name of the number one talk show guy on radio Bangladesh he's the one you need to call might those Bangladeshis someone like you need to speak truth the Bangladeshi power box nine for us more straight ahead you're listening to the EIB network you're.
"indonesia philippines" Discussed on KQED Radio
"But there's an even more powerful explanation for why bananas are so cheap standardization. So the advantage of having the confidence is that it is really monoculture that you can actually grow it consistently. Indra byles, again, formerly of Chiquita. You know, it's going to take to nine months to come to fruition and you know, how that banana is going to function when it's transported. Refrigerated cargo, you know how it's going to be form in the rifling rooms in the country destination. And you know how it's going to be form and hold up on the retail shelf, and it's not just that nearly every banana grown for export is Kevin dish. It's every Kevin dish banana, is genetically the same as the next cabin dish. From a business perspective. That's ideal the ultimate in quality control from an agricultural perspective. However, there's no diversity. So this. Each plant is the same age has the same resistance to disease spreads, as you'll recall, the grow Michelle banana was wiped out years ago by Panama disease or technically FU cerium wilt, it's caused by a fungus that infects the plants roots, and eventually kills the whole plant and leaves the soil, unfit for future banana growth, the stream of Panama disease that killed off the grow. Michelle was known as TR one or tropical race one. Now, there's a strain called TR four. That's tacking the Kevin dish. So in the fallen victim to almost the same disease as the grow, Michelle. So what we see is false. Start apparently in Indonesia Philippines. It's devastated crops, there pharma's moved the become bell to all two in the banana.
"indonesia philippines" Discussed on Bloomberg Radio New York
"Let's turn to Bloomberg daybreak Asia anchors, Bryan, Curtis and Doug Christner. Bob, thank you. Well, several central banks in Asia meet over the next week at a time when, when trade tensions are really starting to take a toll on economic growth among them, we have the Bank of Japan as well as central banks in Taiwan, Indonesia, and the Philippines, Duggan. I thought we'd reach out to Bloomberg's Michelle John Risco. For little texture here. So Michelle, thanks very much for joining us. Sure, pan is an interesting story. It has shown some resilience here of the lake. But we've written on Bloomberg that the months ahead could be a different story. Why? Well, that's right. I mean Japan stands out for a few reasons, not just because among the ones that you mentioned, it's not in south East Asia. But what we're hearing from the governor Kuroda is, is that they really do have a lot of firepower that they're willing to use whereas a lot of central banks right now are kind of moderating into this patient mode, the key words that central banks love to us. Governor quota has talked about the different options that they have to provide stimulus and not they're not afraid to provide that simulates, if things actually do turn for the worse, so Bank, Indonesia, and the Philippines, this could be of some interest. Particularly given that there was an inflation, spike in both countries has that really diminished expectations for a cut here by these respective banks. Yeah. Well, it's interesting. I mean, I think the inflation spite for. Each has different meaning particularly because of where the base that it comes off of. So, of course, we have the story in the Philippines where we saw this huge spike for the first half of the year last year. And then, you know, all the BS Pika talk about from there was it's sliding back and, you know, we're ready to be dovish. So, so now they might find themselves somewhere in the middle. In fact, the survey that we have for next week so far has economists split on whether it's going to be a cut, or a hold whereas an Indonesia, it's, it's a bit of a different story. I mean, they're they're still always all about the rupiah and the rupee is fairly stable. But with that inflation spike, we could see that threatening to to weaken from here. It seems that our economic team in all of these cases is expecting the banks to leave rates unchanged. Is this out of conservatism or not sure, what the impact of US, China will will have? Well, I think at a lot of cases this year, especially with that trade were and certainty that you mentioned with the global demand, slowdown coming and. Considering that some of these banks did a lot of tightening last year, including both the ones, we're talking about Indonesia Philippines. There is reason to kind of stay on hold be cautious. You'd be patient, like I said. So I think all of those things point to kind of waiting things out a little bit more to see if anything clears up even so. I mean odds here in the US are increasing fed cut in fed funds rate in, I'm wondering how much longer we'll be before central banks across the can't really resist, and they have to kind of accommodate what the fed is doing right. Well, I think that's the big question. I think a lot of policymakers outside of the fed are watching the fed signals very closely even more so than usual, and they are getting a little bit of a mixed picture. I mean, in the last round of what we call fedspeak there were some that were saying, you know, we, we don't need to move right now. There are others that were kind of painting the tone in a more dovish lights, and so really it's, it's almost in the eye of the holder, these days is to what the fed is going to win. They're going to act. I think it's fair to say, though, that pretty much through. Throughout the region. Michelle financial conditions are tightening. Right. Well, I think the central bankers are looking at a range of tools. In fact, Philippines is a an interesting case to take a look at next week. I think one thing that some people might be missing. Is that another reason to hold us that they've already announced reserve ratio requirement cuts that will take effect? So at one already did take effect, but another on June twenty eighth and another in July late July. So that's another tool that the central Bank can be using to provide some stimulus to kind of cushion against these global growth concerns. Michelle, thank you so much. You're being.
"indonesia philippines" Discussed on WNYC 93.9 FM
"The granite system you do each waterlogging Tech's place. It's causes mankind's of diseases like a tie, fight malaria, plastic. The plastic amused is causing a lot of pollution, and what also happens a lot of cows in the street in search of food, the, the plastic and a lot of them dial two because of that the huge huge challenge is coming lot from food packaging people taking that food and classic is safer for them. And that something. That I feel that we are in a way from the west Stephen Ryan reporting from the river Gandhi's in India. The Ganges is by no means the biggest offender when it comes to plastic pollution, particularly for plastics that end up in the ocean China Indonesia Philippines. Vietnam by far the largest contributors, Dr Hannah Richie of the Oxford University Martin school, there has been crunching the data this, definitely the of richest countries in the world off America Europe. We use the most plastic on a daily basis probably around fifty times more than the lowest income countries. But I think we need to stay much plastic us very much plastic is at risk of going into the ocean and become an environmental Putin. So most of the plastic that'd be used in Europe, for example, as well managed. So once you dispose of it goes to landfill recycled or incinerated in the risk of that ended up in the ocean is actually very little. If you couldn't trust that with countries have low. The middle income countries where they're using less plastic or person. But when they dispose of that waste is very poorly managed at much higher risk of going into the ocean. So you saying the problem is disposal, rather than usage of plastic, or is that taking it to a few think about in terms of how much plastics going into the ocean then yes, it's a disposal when a waste management Oldham and having those can wjm much overlooked, you can argue that are gifts of plastics, rather than disposal is important for other things. Just CO, two missions or Lantos base, for example, but in terms of plastic into the ocean. This is definitely a waste management problem when it's a waste management problem in these low to middle income countries. What is the source of the plastic mean, is it the same source that we see in the west or other other sources and low to middle income countries that perhaps do not exist in developed economies, like a large, proportion of, of the plastic that ends up a notion, plastic packaging these kind of single use plastics that we know thinking companies like Unilever Procter and? Amble who market products for low to middle income countries in very small sachets. Yes that can scale a problem. But also also the issue of the trade and transfer of waste, so low to middle income countries only dealing with the waste bridges and terribly, but they're also taking significant share of ways from higher income countries, and that's the kind of the chain violence there. What Dr Richie is talking about is plastic exports sent from the rich world to countries like China until recently countries like the UK among others would pay China to take their plastic waste then Beijing banned, though, shipments, the problem is that you see that they are not just being instead of tons vein to chain overtimes to other countries such as Indonesia, Malaysia, the Philippines, some countries in that region. Also don't have the waste management potential to stop that went into the ocean. It is bizarre. Isn't it that these developed economies literally exporting that plastics problem? Yeah. In a sense, I think we're kind of in. Kind of western countries, but almost kind of feeling that were really getting to grips with the problem by focusing on the kind of smaller, interventions that consumers have won we could have this much larger impact from just a policy change. I know we clear that plastic waste is important into countries like, Indonesia, where, as you say, there is not a developed waste management system that wasted is exported from the developed world does actually end up in oceans, or, or is it that clogs up the waste management system. So that caught process its own domestically generated waste. We don't know exactly how much of the expertise ends up in the ocean. But we can see is one of the key reasons that chain us stopped in west because the waste that we were saying in them was of high quality, the ways to send in a supposed to be a waste that could be recycled and as could be a resource. But actually, they've found a low of that survive contaminated and a little of it couldn't be recycled. So it was just ended up in landfill and potentially ending up in the ocean. The obvious solution his seems to be to help. All of these low to middle income countries develop proper waste management systems. I think so. I think the biggest impact and the only way to really tackle this problem at scale is fluent and middle income countries to invest in that themselves. But from a high income country perspective, having the two mechanisms that can really make a difference is stopping trade and transfer of plastic waste and Secondly, invest in waste management structures, there, I was speaking that to Dr Hannah Ritchie of the Oxford University Martin school. There's no sign if that kind of investment happening anytime, soon them, and in the west at least the emphasis is on looking for replacing plastics with other materials that are equally as durable and versatile, but isn't environmentally friendly. Alternative really on the cards back to professor. Tony Ryan, the polymer, chemist and sustainability leader at the university of Sheffield who we heard from earlier at the start of the program. No, it's that simple that simple. The solution to the world's plus pollution problem. The people that pollute, but couldn't you create biodegradable plastic, for example, I mean, a lot of people listening will say we go to supermarket we get by degradable plastic bags walkout, you just use that for all talking because by the vegetable, plastic, he's actually worse for the environment than job. Plus, the reuse them recycled how because inevitably the Amore greenhouse gases emitted in production and degrades immediately back to carbon-dioxide, if it degrades told often it doesn't says it all big comb, then this by it's no better than normal. Plastic in many situations. It's worse. It's actually actually worse. And the way to think about it is generally, it's going to be mad from plump butter, so PLA is the thing at the moment, people want to make compulsory packaging of appeal. Stands full poly, lactic acid lactic acids, the thing that gives you a stitch when you've been running, it's a natural product and it's natural products and you get it by for mentoring sugar, so you take some starch based material converts sugar for men to but to get the lactic acid, you have to grow stanch, you have to convert into another molecule, the greenhouse got it. So if you do a comparison in the light flight comparison, let's say for because sometimes people talk about plump based Palmas sounds like it's bio, friendly show and, and inevitably when that's on the buckle. It says plump best inside a green leaf, and that's about, as green as it gets, because to turn plans into something you can make plastic out of first, you have to turn them into oil and. Environmentally friendly. Well, you have to put energy and energy comes from burning oil, so you end up making plump based bottle, actually caused more oil to be burned than making a book from oil to begin with. Okay. So if that's not the answer. Then to the plastics problem is recycling on a large scale, the answer eventually, so I say eventually because the answer on a large scale is to is to go back to the future plus scratching my head back to the Milton back to the bottle deposit on the Milton who comes around the house and deposes milk bottles, glass milk bottle, well, but they don't have to be glass. They could be PET bottles pet polyethylene, terephthalic stunned, fizzy drink bottle could put milk in those all the polyethylene bottles that you get milk from at the supermarket they could be delivered collected Washington refilled. It's their question there with the actual energy used to wash and clean and make these. Bottles reusable in the first place, the might be filed less carbon emissions in victory, Ving, cleaning, and refilling bottle. But it will cost more because all of those cleaning Vitry, Ving, refilling operations require plant capital and people whereas churning buckles out from virgin Paloma, every time he's always cheaper. And that's why we have plus state leaking into the ocean from countries all over the world because it's cheaper. So does that mean then the only way round is for some kind of regulations be put in place to make making you plastic more expensive and perhaps give financial or taxing centers for companies to reuse existing plastic Palestinian regulation, have a role to play and making it difficult to dispose of plastic responsibly is a key part of that. We never deal with. What columnists call externalities, right. When you go buy something from the supermarket the retailer hasn't paid for the cost of the disposal of the packaging. The produces not paid for the cost of the packaging, and actually the point of us, neither do you because it's all of your local government taxation, that supposedly deals with the plastic, but it doesn't deal with plastic in a way this tenable for any longtime. The picture painting is pretty grim. I mean there is no solution to the plastics from because there is no real alternative, you'll saying from recycling, but the whole system is not set up to encourage that any way. So we're just gonna keep using plastics, as they all know, of course when using plastic. So we'll groundswell against this kicked. But the risk is that we go down this avenue where everyone thinks by degradable plastic is a solution. But as you're saying it's actually more advised mentally friendly. So biodegradability does gives people permission to continue to throw away. And therein lies the danger we have a whole generation who've been brought up on a throwaway society. The problem is there is no away. It doesn't go away. Just goes out of your house. Yes. Out of your sight, it has to be dealt with. So if we continue down the path of all the solutions biodegradable will give permission to throw away, society will produce as much if not more plastic because it's all part of that culture of convenience. And that's the root causes global woman, and every company has a fiduciary obligation to maximize return to shareholders. And at the moment, the policy and rules and regulations, we have main that single. Use plastic is the way to go in many situations because that maximize the return to shell. This is the danger than companies will still look at plastics because they have to use plastic for many, many reasons mainly to preserve products and stuff that they will go down the avenue in us by degradable ones implement basically that are not more environmentally friendly. And that's always the problem of ill-informed policy glass, has a higher cabin footprint per unit of product paper, has a higher cabin foot in per unit of product, competitive compared to plastic, the reason plastic works, so well is, is really lightweight is really Jerrell, and we need to learn to design to reuse it, professor. Tony ryan. Recycle recycle, recycle. It is often, what proponents of the circular economy have been bagging on about the years. That's it from this dish in today's producer was Lawrence night. I'm unwed SR, Gaza and business. Daily is back again. At the same time tomorrow..
"indonesia philippines" Discussed on Bloomberg Radio New York
"We check the markets every fifteen minutes here on Bloomberg daybreak Asia, pretty positive start to the week's trade we had global shares plus their best performance in almost four months at the end of last week, the MCI world index climbing close to three percent and j g ten currencies rising against the greenback on Friday, one of the top stories that we have following today's that Deutsche Bank and Commerzbank are in talks synagogue is said to be at an early stage, but the German finance ministry favoring a deal and the government could remain a shareholder if they were to be emerged back to Asia now and Japan's exports fill full third month in February. This really just highlighting goes to the economy from waning global demand. Shipments declining one point two percent from a year earlier economists had forecast a point six of one percent drop. The February trade ballots came in at three hundred seventy nine point zero billion yen. That was definitely missing the estimate of three hundred and five point one billion yen. We also. Saying the yen the supported a little as I mentioned that weakness coming through in the dull older the Belinda index now up by a tenth of one percent. One hundred nineteen one thousand one hundred and ninety four point two nine I should say the AUSSIE dollar fairly steady seventy point eight six and a big pickup in. I'd all futures in Singapore. They up by four point three percent. We are awaiting. Singapore exports fibrin, and of course, a very busy week for central banks who got the fed the bay, but also a bunch of Asian central banks, including Philippines, Indonesia, Thailand and Taiwan all expected to stay Pat. That is a quick look at markets. Let's get it over to San Francisco now an Ed Baxter. Ed. All right. Thank you. Juliet New Zealand's Prime minister, just send a ardor pledging tougher gun laws and to have a serious talk with Facebook. This of course in the wake of the Christ Church massacre. President Donald Trump's chief of staff says the president's line of speech is not to blame for the massacre anymore. Then Facebook is pressure is mounting on Tory. Lawmakers to back the may Brexit. Plan this week. And Brexit Minister Philip Hammond says the deal must be passed this week or there could be a long delay and possibly no Brexit at all the voice recorder and data recorder show, Ethiopian Boeing max. Eight crash at clear similarities to the lion. Aircrash New York Senator Kirsten gillibrand is officially joining the twenty twenty presidential race and former vice president Joe Biden may have unofficially officially or officially unofficially tipped his hand. And the speech saying I have the most progressive record of anybody running then after some seconds of applause at anybody who would run for a second day. Donald Trump continued his attack on the late. Senator John McCain for sharing the so-called Steele dossier where the FBI AP running a story that says after looking at the Pentagon budget Chinese bombers Chinese hypersonic missiles Chinese cyberattacks Chinese anti-satellite weapons are a key focus of attention to a remarkable degree the twenty twenty Pentagon. Budget says is shaped by national security threats. Acting Defense Secretary Patrick Shanahan has summarized in three words, China China, China global news twenty four hours a day on Aaron a tick tock on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries in San Francisco, I'm Ed Baxter. This is Bloomberg. Juliet, Ed, thanks so much. Let's get back to our conversation with modern lake Australasian direct MacQuarie private wealth on the line from Sydney, which I'm at the fed just before the break there. And that I mentioned Martin a number of the central banks coming through in Asia this week not expecting to change the course of their rate policies. But certainly this more dovish tilt that we've seen from the fed is going to play into emerging market central banks over the course of this year. What is your outlook in terms of what we could say in the region? Indonesia, Philippines, and Thailand meetings this week on toast. I, and we certainly have expectations as you said on hold from that perspective to some extent taking the lead from the fed. But in particular, see w. Konami and wanted to make sure that. Policy. Sittings are rod. Given that of course is just really means that the the delay to fade is providing is absolutely critical and important. I'm you're watching that fairly closely. The question is really whether in fact that I'll mention a quandary for markets. All we Colleen just a short term a pocket daughter is suggesting that we sing I slow down period. And I don't want to pick up towards the end of this year. The city the last quarter always infected is slow slowdown potentially appearing to be more permanent. And if that's the case in the US, in fact, be looking to be a posing for a period that longer expecting. Yeah. I'm also kind of curious about some of these big plans that are coming from from various governments to address inequality. We had Brunel American and Emmanuel Macron talking about how capitalism. You know is broken and needs to be fixed. They're worried that we'll get some crazy policies coming. If we don't do something about it. Do you see that happening in two thousand nineteen or is this a much longer term issue? As much longer term issue. I'm not so sure what crazy policies actually means. But at the end of the day, there's clearly bane a focus on lists for launch on central Bank policy and be shifting Samora launch and fiscal policy by a whole range of different governments that relates to their own economy, nothing 'cause you're gonna continue certainly through this year. Let's switch toilet. Obviously, very big waken as John we've had taken the allies basically trying this attempt to balance the global oil markets and saying that prepared to do what's necessary in the second half. How much of a concern I guess is what we are seeing in the oil market having on the Asia Pac region. Obviously, the the will just starts to book cost pressures into any comment recovery that we say across Asia, but equally. We've seen a fairly strong rebound in prices from what six months around forty one forty dollars a barrel to currently around fifty and we would expect to see the oil price continuing this trading range between fifty five and sixty five at this point in time. And obviously the indications from not only Saudi and and other members, but the nuns take is also want to see the old process. They've got very large deficits, and I need to fund those deficits so there's a bit of a tug of war going on here in that respect from supply perspective while you've got to consolidate looking to continue with their production reductions or maintenance of production cuts that I've put in place. It does the question. When will we stopped seeing higher writes a production coming out from shallow in the United States, particularly as the old process. Looks set. Probably go a little bit from him. All right. Matt noise. Great to have your insights. Thanks for coming on mountain division director MacQuarie private wealth on the line from Sydney Flora's few minutes. We're at Singapore expo because we had those Japan numbers coming.
"indonesia philippines" Discussed on SuperTalk WTN 99.7
"Pollution that is that is contributing to all of these big Texas sized whatever they are these things swirling around what they call these things. He big landfills. Number one. Shane now. Well, it's just like we were talking about yesterday. China Indonesia Philippines, Vietnam, Sri Lanka Thailand. Egypt Malaysia Nigeria Bangladesh, South Africa. India ALgeria Turkey, Pakistan. These are all ones that pollute far more than we do. And I'll get to that in a moment Turkey, Pakistan, Brazil, Burma, Morocco, North Korea, and then the United States. So then they break it down by this. Percentage of waste that is plastic. Most of them are eleven to fifteen percent are waste is thirteen percent. This is the key stat percentage of waste that has mismanaged. In other words, we throw it in the ocean. Or we throw it in an or lake or whatever we don't properly dispose of it percentage of our ways that has mismanaged that his plastic. China. Seventy six percent. Seventy six percent of their waste just goes into rivers all over the place. It's just waste Indonesia. Eighty-three percent Philippines. Eighty-three percent, Vietnam. Eighty eight percent. Do you see a pattern here folks turned world and communist nations are the ones that are polluting? So what is the percentage of our plastic that has mismanaged two percent? Two percent ends up somewhere that it shouldn't be. And so these folks are going to give up plastic for lint, and you cannot possibly counteract what's going on in China, Indonesia, the Philippines, Vietnam, Sri Lanka, the rest of these places. I'm just telling you again, we've got people by the guilt. We grabbed them right there by to get ahead big handful of guilt, and we just squeeze and make these people do whatever we want him to do because that's what it's all about. It's about control if you were to tell this congregation of this church of whatever of the what's happening now in Pittsburgh that we that we only mismanaged two percent. Of our plastic and the twentieth on the list of producers of plastic in the world. Of plastic ways these people they would be stunned by but this is from Earth Day folks from Earth Day, you think they didn't have a chance to make the survey look bad there. But it's just like this report, we showed you told you about yesterday about the top air pollution cities in the world in a none of them in the United States, and they're all in these communist dictatorships of these third world countries. And that's where they are. We are not the problem, but they want to take our money and give it to all of these podunk tin horn dictatorships, so they can redistribute the wealth because they hate capitalism. And again, that's what this is all about. And that's what it's all. Leeann you're up next. Leeann what's up? Hey, leeann, how are you? Oh, you know. I'm crawling along at thirteen miles an hour on our sixty five going northbound. Thank you. Well, at least you got us on Shannon. That micro. You know, the one that used to be thirty jobs the show. Show on TV. An someone's got somebody's gotta do it. And there was a segment recently about this gal, she's taken out of the ocean and an are out of it. And it is some awesome looking stuff. So I'm saying to that gal go pick it up and makes out Mana that there you go repurpose. That's right. Repurpose reuse it recycle. You know? Involve well that was my whole point with this thing, and we got a link to this Valentine dot com to show prep. Only two percent of our plastic is ending up somewhere where we're shouldn't. Now, I would love to see that fixed. But that's what that is. That's redneck idiots who throw their trash out the window. What is wrong with people? Were you born in a barn? I think so and I see him. I saw a guy the other days driving for lift. And I'm coming up behind them up there the off ramp up. You're right. Deja-vu they bulldozed and the guys just got he's got a Cup full of like torn up paper, and he just stops. And he just frozen all out the window. I'm going to hell is wrong with you, man. But that's the problem. But and you know, you can't fix redneck. I guess I mean, there's just please. Folks. You're listening to me, you're not one of my listeners, if you're throwing trash out the window, your low-life, rednecks stopped doing it. I mean, you can be you can be healed. You could be fixed. We can work with you. But just stop throwing your trash away to your somewhere where you can throw it in a trash receptacle. We'll be back. Stay with us information.
"indonesia philippines" Discussed on Bloomberg Radio New York
"Oh, that's a good question. It's definitely an overarching theme when it comes to US relations with North Korea. There's always Kim Jong symbolically visiting Xi Jinping also Kim Jong UN's train going through China on his way to Hanoi. So Kim Jong UN in a way is playing this power move where he can't necessarily do anything without the approval and without the blessing of Xi Jinping having said that US could be using North Korea as a cartoon negotiate with China in terms of the trade war and the trade talks as well. All right. Jim hailee for us live in Beijing. G hey, thank you so much from that update for that update. Of course, BTV while the full day of coverage of these meetings between President Trump and Kim Jong UN throughout the day. We're gonna be talking veterans of foreign policy around this landmark summit. Former Defense Secretary Leon Panetta former US ambassador to South Korea, Kathleen Stevens, and Christopher Hill and former UN secretary general ki moon, all live starting six PM eastern right here on Bloomberg television. Well, as we discussed earlier, President Trump's top trade negotiator is dialing back expectations for a sweeping trade deal with China. But Alibaba co founder and executive vice chair Joe Cy is optimistic that a deal will happen. We caught up with side in Mexico's interview from the Stanford GSP sports innovation conference, take a listen. There a lot of issues in this trade deal. But I think the important thing is that the tariff is going to stop. I think that'll help a lot of businesses on both sides of the the ocean. The Chinese manufacturers will get a reprieve that'll help them to continue to export. So it's going to be good for the businesses that are operating Alibaba platform what if that doesn't happen. I think the dialog between the United States and China is going to be a continuous dialogue. Trade is not the only issue there issues on intellectual property issues on. Industrial policy. But. So I expect that that'll be a continuous conversation. Of course, the tariff itself is really in a sort of an enforcement mechanism. But if you look at Alibaba is business or businesses driven by domestic consumption and also corporate digitization. So even though we have some parts of our business center a title exports, but most of the business with an Alabama is driven by domestic consumption. With now three hundred million consumers middle-class consumers that are buying things. They're going to demand more products. I think over time even if there is no trade deal now over time the trade deficit between China and the United States will structurally, correct itself as China import more because we have an economy that is domestic consumption has become bigger part of the economy. So the Chinese government is talking about over the next fifteen years importing thirty trillion dollars of goods and also ten dollars of services. I think that's a very important thing as American service companies in healthcare in banking. Can. You moved to China and set up a foot hole and serve the Chinese population. So what does it all mean for Alibaba? Whether or not a deal happens. It's we we operate for the long term. So we were we're hopeful that a deal will happen. Obviously the markets have responded to that. But if you look at our core businesses, most of it is tied to domestic consumption as I said, so even if it doesn't happen. We're gonna continue to chug along and focus on our strategy. Our strategy in new retail, for example, is focused on digitizing the domestic retail sector making retail more efficient, and that is all driven by domestic consumption. How optimistic are you based on what you've seen that a deal will be reached? I've said before I'm always half glass full kind of guy. So we are cautiously optimistic based on developments, obviously, the two delegations from the countries have met several times and President Trump has said that there's going to be a meeting between him and president. She. At a place in time to be determined. I believe so I think these are positive developments and the signaling is pretty good right now. We are here at the sports at division summit at the Stanford graduate school of business, and you are the owner or co owner of three sports teams, the Brooklyn nets Newark liberty San Diego seals what attracted you to make these investments. First of all, I love sports. I played sports through high school, college and. I just think it's the values of what you learn on the field can carry you very far in life. So I encourage all kids, including my own kids to play sports, but it's also a business opportunity. It's a business opportunity much revenue are these teams driving. If you look at an NBA team that it's actually a very good proposition from business standpoint, I think in the NBA is not just the league, very substantial media and entertainment company is a very well managed company and the structure of the NBA is set up. So that there's very good balance of. Owned between the owners and players and also among the owners, I was attracted to the NBA because of the international growth opportunities when you look at markets like China with three hundred million fans the potential. Increase in the meteorites in those markets, not just China. But also India, you're looking at Mexico. Indonesia philippines. So those opportunities are going to be tremendous in the future. The NBA just announced a branded league in Africa. Why not Asia, we know in China? There are a lot of basketball fans. I don't know you're going to have to ask Adam silver about the geographic location. But I think the Africa league is going to help the NBA to develop players in Africa. Obviously they've decided that there is also going to be a local fan base in Africa. There's there's a lot of sort of developmental aspect to that league. I think is very exciting. I think having leagues in other parts of the world is a little bit more challenging because in Europe. And also in Asia, they have all already have local leagues that's already been formed playing games and all that. So so I think that's one of the reasons why NBA picked Africa. There's a mixed record for sports diplomacy. Dating back to the nineteen seventies and the ping pong games ending up with president Nixon visiting Beijing. Do you think sports could help improve tension? Between the US and China, I think absolutely because when you see athletes competing on the field, and then when they get off the field or the core, they'd become friends. These are real authentic stories between people, and I think that people to people exchange this real sort of true friendship. That's genuine authentic is going to help the two countries. Understand each other better. Some of my conversation there with Alibaba co founder and executive vice chairman Joe Cy coming up. We'll continue our discussion.