8 Burst results for "Louise Morning Georgina"

"louise morning georgina" Discussed on Monocle 24: The Globalist

Monocle 24: The Globalist

04:17 min | 3 weeks ago

"louise morning georgina" Discussed on Monocle 24: The Globalist

"Of American lives. That it's simply impossible, divorce it from other problems of race and ethnic discrimination. That, was Robert Greene the second before him to Rothstein speaking to Mongols Henry Sheridan coming up in just a moment, the latest business news. Now. We have the business and financial analysts Louise Cooper on the line. Good morning to Louise Morning Georgina. We're looking at the WTO now and they're battling to see who the next head will be. Yes, a whole number of names we've got three women three from Africa Nigeria, Kenya and Egypt Saudi Arabia candidates. We got eight candidates now to join the WTO. No woman has ever the lead. The WTO A no African led the WTO. Pretty tough job at the moment. Okay, you've got the US China trade war. You've got Brexit, and in fact, we've actually got a UK candidate Liam Fox, but he led the pro brexit campaign SA- quite how Europe is going to feel about leading electing a man who led the pro brexit campaign I'm not so sure, but we've got So you've got a U. S. China trade well, you've got brexit. You've got Japan and South Korea in disagreement you've got. Paralyzed dispute. Settlement system because America has refused to endorse any new judges to the WTO judging panel. You've got America just distancing the cellphone under trump from these supra, national or bodies, I, mean it's just an utter mess didn't know why anybody would want to lead the W.. T. At the moment, but it will be interesting to see who has got the job. WHO GETS The job? Woman an Arab summit at Eastern European. We've got a Moldovan candidate as well. Nobody from Eastern Europe has ever. Led the WTO, but I particularly like the the Mexican who he says, the Mexican candidate I will give you his name. Jesus said Curry says the WTO needs to pick someone who can help. Put Humpty dumpty back together again. which is a British nursery rhyme. Back together again. That's the Mexican candidate just very quickly before we go. I know we've both got teenage daughters in that age group. really seems to support the company. Boo, that's obsolete targeted at that age. It's cheap clothes, but it turns out that in fact kids that age un-yong May. In fact, be making the garments to. So this is a story being bubbling on in the UK since the Sunday Times investigation at the weekend. There's a midland city called Leicester, that has gone down into local lockdown and the source of the covid nineteen infections could be. Sweatshops. Immigrant Labor exploited. This is the allegation immigrant mace female labour. Exploited paid. Below minimum wage, legal wages, any free pound, fifty an hour and forced to come into work while sick and no social distancing or protective. Coverings, no peop-. At all, and this is what the allegations are. Blue who is he said? Is this online fashion retailer? It's been trading extremely well during the crisis. And they announced the Vega. They've appointed a barrister. To look into these allegations of abuse in their supply chain, but it just reminds us all the human cost of fast cheap fashion, so that if and only cost three three pounds or five pounds water, the workers being paid who've made it, Louis thank you very much indeed, and that's what we have time for today. Thanks to our produces marcus hippie page Brennan's collateral Bella and Daniel H how was Charlie Film Court and Stadium, manager, was Nora whole the briefings coming up live at midday with Edmonson and the globalist returns at the same time tomorrow I'm Tina. Goldwyn thank you for listening..

WTO US Louise Cooper Louise Morning Georgina UK Brexit Robert Greene America Leicester Eastern Europe Africa Goldwyn Charlie Film Court and Stadium Eastern European Japan Sunday Times Vega Europe Nora
"louise morning georgina" Discussed on Monocle 24: The Globalist

Monocle 24: The Globalist

07:15 min | 2 months ago

"louise morning georgina" Discussed on Monocle 24: The Globalist

"The financial analyst and broadcaster. Lewis Kipah Good morning to you. Louise Morning Georgina. Big News from the World Trade Organization. Yes so the World Trade Organization is in the midst of an existential crisis that has just been made considerably worse because the head the boss of the WTO has just stepped down Roberto as US Bit of a surprise departure the World Trade Organization's been existence for twenty five years. It's been battered by president trump's criticism. It's been facet by the China America. Trade war it's been well. It's functioning has been significantly damaged by president trump's failure to allow another judge to go into court appellate body the judges world trade disputes that that Appellate Body Body doesn't have enough judges on anymore so is failing to function and of course now we've got the krona virus which is going to cause global trade according to WTO to full by about thirty percent this year. Which is catastrophic. Global trade has been increasing gear off year after year for decades. And you've got to remember. The origins of this came out of the Second World War. The push economist may not canes out of the desire to create a way for disputes. To be. You know. Get disgust rather while than anything more serious. And I'm a believer in free trade. I'm believe with the benefit that it does to us. Free Trade and there's plenty of economic rationale for the huge benefits to be accrued for for free trade and this is really quite depressing and really quite worrying about the future of this body that has done so much to improve the economic lives of so many around the world and is there anyone in the frame to take over who would want the job. Frankly he would want I mean on top of that we've also got the row currently between trump although he seems to row with everybody and Beijing about the phase one of the China. Us trade deal and he wants to go back and negotiate it. I mean frankly. I looked today as one. Commentator said it's not worth the paper it's printed on but even so it was something that could be waived as a sign of conciliation between the two sides. Yeah well let's continue talking about non international cooperation This time with the viruses we've been hearing in our newspaper headlines. People and drug companies and nations not cooperating. Nearly enough so one would hope in a time of Global crisis that is affecting the human species in a way that no other crisis really has one would hope for global cooperation. We have one planet and are one species but it seems beggar. Thy neighbour policies. Don't just apply to trade so this. Is this massive row. That is row. Arou- Arisen over potential vaccine that is being Potentially developed develops by the French pharmaceutical giant Sanofi. Now the problem with the vaccine is seven point. Eight billion people on this planet and manufacturing seven point eight billion. Vaccines is GonNa take an awful lot of time and so- Sanofi. Ceo said interview Blueback television that because America had invested in in the vaccine would get first dibs at it clearly. This went down appallingly badly in in France. Particularly as France's given about one hundred and fifty million euro of tax breaks to Santa Fe for research and development and the French said absolutely no way. You're French company. We've given you all this French taxpayer money. You know you will not turning giving a corona virus vaccine to the Americans preferentially. The issues weighed in as well. Talking about the vaccine should have a global public good and access needs to be equitable universal. That's what he said. What is equitable and universal? Really mean You know all this talk about the virus bringing us closer. Making us will best people. It doesn't seem that there's a lot of evidence of that does that. Let's look at the future tourism again. It's just grim so the Guardian today has got a piece about the future of tourism. And I've been booking ask them a holiday so I've been thinking about this quite carefully and I sort of cottoned onto the fact that you really need your own swimming. Poll because social distancing as swimming pool is going to be extremely difficult so I went on a found. Some places in fault. It's probably the country only country we can go to and with little swimming pools with very little accommodations. So let's share serving anyone else. Mr Mom I love to swim so anyway but the God this article about you know what the future of tourism is going. GonNa look like. And they've looked at Spain where it's the tourism is third biggest contribution to the economy. So there's lots of government guidance on what what needs to be done so first of all. There's GonNa be screens everywhere. There's going to be technology to lock you in. So you're not gonNA see many people. They'll be screens distancing you that the hotel buffet is a thing of the past. You will be sort of in scheduled times to go into a restaurant and go out. There's no sitting around for hours. Should you wish to rooms are going to have potentially culprits removed and everything removed? They're really easier to clean common areas such as pools and gyms will be on again a strict timekeeping basis beaches again will be strictly time keeping with big big gaps between everybody and big plastic screens. Pit sweet everybody. You'RE GONNA have to use a key walk code for booking a patch on the beach. I mean frankly alter sound horrendous. There's a Spanish hotel chain. That's GonNa take your temperature before you even allowed into the hotel. And there's one posh hotel in Madrid introduced tests for you rotavirus tests before you're even allowed through the doors. Frankly it all sounds fairly unpleasant absolutely is that can be reflected in the price so this is the thing. This is the given how much more expensive it's going to be. Is it going to be a fortune to go that I mean the other thing the other side of this? The hotel industry and the tourists is desperate for cash. And so we wait to see but I just. It doesn't sound very appealing prospects. Absolutely not. Well I wish you luck in your. I hope what you've got is a private villa with fabulous pool in France. No it's a cheap one bowl Lewis. Thanks very much for joining us. This is the globalist on monocle. Twenty four now across the world. The Corona virus lockdown has confined people to their homes including celebrities. So what's become of the people who make a living from snapping famous folk out and about fashion editor? Jamie waters reports on the Paparazzi crisis. If the world hadn't been thrown off course this the Cannes.

World Trade Organization France Us trump president Louise Morning Georgina Lewis Kipah China America financial analyst China Roberto Guardian Cannes Spain Beijing Jamie waters Blueback
Roberto Azevêdo quits as WTO chief a year early

Monocle 24: The Globalist

02:28 min | 2 months ago

Roberto Azevêdo quits as WTO chief a year early

"The financial analyst and broadcaster. Lewis Kipah Good morning to you. Louise Morning Georgina. Big News from the World Trade Organization. Yes so the World Trade Organization is in the midst of an existential crisis that has just been made considerably worse because the head the boss of the WTO has just stepped down Roberto as US Bit of a surprise departure the World Trade Organization's been existence for twenty five years. It's been battered by president trump's criticism. It's been facet by the China America. Trade war it's been well. It's functioning has been significantly damaged by president trump's failure to allow another judge to go into court appellate body the judges world trade disputes that that Appellate Body Body doesn't have enough judges on anymore so is failing to function and of course now we've got the krona virus which is going to cause global trade according to WTO to full by about thirty percent this year. Which is catastrophic. Global trade has been increasing gear off year after year for decades. And you've got to remember. The origins of this came out of the Second World War. The push economist may not canes out of the desire to create a way for disputes. To be. You know. Get disgust rather while than anything more serious. And I'm a believer in free trade. I'm believe with the benefit that it does to us. Free Trade and there's plenty of economic rationale for the huge benefits to be accrued for for free trade and this is really quite depressing and really quite worrying about the future of this body that has done so much to improve the economic lives of so many around the world and is there anyone in the frame to take over who would want the job. Frankly he would want I mean on top of that we've also got the row currently between trump although he seems to row with everybody and Beijing about the phase one of the China. Us trade deal and he wants to go back and negotiate it. I mean frankly. I looked today as one. Commentator said it's not worth the paper it's printed on but even so it was something that could be waived as a sign of conciliation between the two sides.

World Trade Organization Donald Trump Louise Morning Georgina President Trump Lewis Kipah Financial Analyst United States China China America Roberto Beijing
"louise morning georgina" Discussed on Monocle 24: The Globalist

Monocle 24: The Globalist

06:58 min | 5 months ago

"louise morning georgina" Discussed on Monocle 24: The Globalist

"Opinions from ubs all around the world. Well it's time to talk business now with Louis Coupon Good morning to Louise Morning. Georgina Flyby is collapsing is collapsing. Has collapsed is in a state of collapse flyby or flyby not. I'm afraid it's flyby not this. Is the low cost regional carrier here in the UK almost went bust January until lots of people up? The government should forego. It's two hundred million pounds tax bill. Wouldn't we all like to forego at tax bills but most of us have to pay tax and they sort of kept going on life support for like weeks and then of course the corona virus hit two so it was the last nail in the coffin full flyby and we've also got some pretty Toya figures this morning from sort of an airline consultantcy travel analytics company called Forward Keys? And they're looking at the The flights booked to Europe as an intercontinental destination and absolutely collapsed particularly to northern Italy. Where cancellations have been huge of the Bloomberg had not clearly this week that spoke to an Italian hotel said for Easter Eastern. Important time for traveling. Don't forget Easter that. They've had like half their bookings. Cancel again back to flybe. So you know we know. The airline industry is in a really tough place. Because of this. What is interesting? Is that personally? I'm quite glad I haven't booked precarious financial carrier for this year. But we put a shy away. So I'm feeling quite smug about that. But anybody else booked with with the carrier. That is quite good. Maybe you should reconsider that So so yes so. Don't travel to airports if you've booked a flight to get refunded unless the flight cost over one hundred pounds and booked on a credit card. Your insurance isn't likely to cover it and in the past because your hotel most people book just the flight you could be at all protected but in the past the UK Civil Aviation Authority has flown people. Back after the collapse of monarch and Thomas Cook But yes so. The low cost regional carrier flybe goes bust And if people were planning to go to Italy on Flyby will possibly just as well that they're not going because it's close schools now it's close schools and we are getting a lot of warnings. So yes this is just by the way in the last twenty four hours a growing list of damage done to the global economy so the European Commission warned that France and Italy could easily go into recession because in the fourth quarter they slowed and contracted is the first quarter. The economies will contract as well. Two quarters is the official definition of recession so far as initially likely to go into recession. That's from the European Commission. So that's the first thing secondly we've got the IMF talking about more dire scenarios insure about the English about that anymore. Dia Scenarios for the global economy over the last week we shift to a more adverse scenario for the global economy over. Of course it's still difficult to predict the impact the IMF saying we've got fifty billion dollars to help countries with the virus and the in the states yesterday. Seven point eight billion dollar emergency spend to help regional authorities in the states and the states cope with the cost of immunized immunizing. People checking people looking after people remember. It doesn't really have a national health service in the state so all of these things medical supplies so this is an extra thing and then on top of that. The Bank of Canada cutting interest rates by point five percent. So this is just in the last twenty four hours you can see the economic damage being done to the global economy or they've quite how big it's going to be no one quite knows and in terms of the impact on Britain. Are we any clearer? No really to be honest. I think it's I mean. We had that government report that suggested one in five of US could be off work at the peak of over of an epidemic. I mean it's still highly uncertain but every day we get companies warned about the impact. Everyday another business saying we've canceled a conference or We have a stop people traveling. We're getting this but I have to say the thing. I'm most worried about a you a bit of a James Bond Fan absolutely so James Bond Daniel Craig running around in a dinner jacket. You're not going to be able to see it on the release in April. They defer the release. You can't see until November so they're not going to release it until November because clearly with a corona virus carrying around. Nobody wants to sit in a movie theater. Catch everybody else's germs. We'll supposed to be released in April now being deferred until November the twelfth here in the UK November Twenty th twenty fifth in America. So we've already had to wait five years to see Daniel Craig as a 007 because the last one spector was in twenty fifteen. Now we've got to wait another eight months. By the way my son is going. As James Bond it is dwelt book daisies dressed up as James Bond with a cocktail shaker. To Take to school and it seems that James Bond was a very popular theme because at least three other children in the class going James Bond including one woman because clearly. It's time for a James Bond so I'm not sure what the deferral of the film will do to Fusi Asam the votes to dresses James. Bond but appears many are fantastic. Well I think that the film really should be called quarantine of Solis. Louise just before we go of course World Book Day as you say today children. All over the country dressing up But very sadly the London Book Fair has had to say that. It's going to cancel another event. We are seeing this all the time. We are seeing big global vets. He has sold the Geneva car. Show Clo- say it's not happening this year which led to Hala carmakers releasing their new cars online. And actually that works quite well as something like an online car show or the quite how that works. You can't see it you can't see the shiny paint you can't touch anyway so that well. Google announced this week that it's major annual show where they will be APP developers on board and they showed me be technology huge thing and that was scheduled for May and Google have already cancelled. Which tell you what Google think about the epidemic in America and how long it will continue. May so you know this is. This is nothing new well as you. S started with a quote from one hundred. I'm quite sure that you'll son will go forth in a very literary way and make sure that he suffered the slings and Arrows of outrageous fortune. Louis thank you very much. Indeed for talking to us you'll with the globalist on monocle. Twenty.

James Bond Georgina Flyby flybe Louise Morning UK Daniel Craig Google European Commission IMF Toya America UK Civil Aviation Authority Europe Italy Bank of Canada Bloomberg US
"louise morning georgina" Discussed on Monocle 24: The Globalist

Monocle 24: The Globalist

07:06 min | 9 months ago

"louise morning georgina" Discussed on Monocle 24: The Globalist

"This is the globalist and it's time to talk business with Louise Cooper. Good morning to you Louise Morning Georgina. The Bank of England is having rate rate-setting meeting. Tell us about this. So what was interesting. Form this monetary policy committee meeting. was that for the first time since two thousand sixteen to the members of that monetary policy committee actually voted for rate cuts. Now as we've talked about before the Bank of England's been this kind of like hold no doubt all around the world central banks cutting interest rates stimulating economies using monetary policy because of the global slowdown. And what we've seen from the Bank of England which is kind of out because we've got brexit over looming the economy which is even more damaging because the uncertainty it creates is the Bank of just sort of joining in with the right cutting party. So you've had the Federal Reserve in the states cut rate three times this year. You've got the European central bank restarting in quantitative easing this month. It can't cut rates because European Central Bank interest rates are zero although it could go negative that great. So what kinds of problems So the bank. Incoming hasn't Emma Kearney. The governor of the Bank of England who by the way shortly to leave an often when a governor leaves that can be a change of policy. Let's say So he actually frankly looked bored at the press conference. Yesterday I think a border talking about brexit and border talking about the political situation in the UK. He is Komo Canadian. Benny was surprising. is to voted for a rate cut. Now what Mark Carney and many economists in the UK saying to know we'll we'll we'll have right wise lies in the future if you look at what the markets are saying is the markets are saying the UK will rate cut next year Let's stay vaguely on on Brexit or at least the European European Union. Now a Shanto Jim. Kerr has told the German newspaper. Search Light Tongue That Donald Trump will not impose tariffs on e. Oh you Automotive goods 'cause we call them. Yeah Good luck with that young. I mean I mean. Do we think Mr Trump knows what he's doing from day-to-day in he says he's fully informed of trump's plans. That's Mr Young. I'm not sure. Mr Trump is fully informed of Mr Trump's plans because they seem to change from day to day so this this was the big deal. If you remember you know trump doesn't just have a trade war with China here's a trade will be like great swathes of the world and imposed the aluminium steel tariffs on European Union and that really irritates the EU politicians and he had been threatening call makers as you said Taras on cars and is self appointed deadline was mid November. So next week potentially the week after and quite importantly younger said No. He's not going to do it. I mean the problem is who who knows if tariff I if if president trump gets on the notion the Chinese because remember those trade discussions are still ongoing he might retaliate with EU. Who knows I mean it would be if it happens? A significant escalation of the E U American Little Mini Trade Little side trade war. And what I was looking at some charts though yesterday and what is quite slim is clear. It's the global. Slowdown has been pretty dramatic this year and last year and the Shah of of world. GDP from trade is is really Phoolan significantly over the last few years you had. Trump is president so We've got a long way to go before out of the woods. Yup Yeah now one place. That's really being hit. Hard at the moment is Hong Kong. So we've talked about the fact that Hong Kong slipped into recession only a couple of weeks ago and now we're starting to see the corporate corporate being hit by this terribly side. Violent violent protests democracy pro-democracy protests in Hong Kong and one company regional. It owns cartier it up. Swiss company sells a lot of jewelry. The and very very posh Swiss watches had results this morning. Showing the you know. The damage is done. By the protests the instability to its sales sales in Hong Kong fell way mall double digits. Waylon ten percent of this is a big export market for Swiss watches and in fact Global luxury goods Hong Kong's about ten percent of the global luxury goods market. So this is a bit of a warning for all the global luxury goods companies companies. Out there that this market of Hong Kong is becoming a ten percent of the global sales could be in jeopardy as Hong Kong dissolves into political chaos Finally the rich getting poorer. Oh I did this this. This made me so happy when I read. This is my happy Friday story because apparently billionaires on quite as rich as they were a little bit. I have to admit that although if I was a billionaire I mean what would you do with the money to G. We happy as we all want. We completely assuming you know billionaire you maybe this is a really interesting report by. UBS WC suggesting the richest people became a little well off less s well off last year so the wealth of billionaires for the first time in a decade foul okay apparently in total. They're worth eight and a half trillion dollars. When you say that quickly you can just forget how large that is slightly slice of GDP of a relatively mid-size country and they their wealth apparently fell and it was all because stock markets were terrible in twenty eighteen? What is interestingly is America? Clearly the home of the most billionaires in the world China that that communist state has the second most number of billionaires in the world. Work that out if you want to. But also even more extraordinary is affecting here. China continues to produce a new billionaire if we to turn off days extraordinary okay. There's a little bit of little bit sting in this billionaire getting less S. wealthy tail in although that might be these are the numbers are twenty eighteen and it's all because stop markets had a pretty rough two thousand eighteen stock markets in two thousand nine hundred fabulous year. Yea today the S. and P.. Five hundred in the states is up twenty three percent. The Nasdaq High-tech Index is up twenty seven percent Europe twenty percent and even Shanghai China's up nineteen percent and so they may have fallen a little bit in twenty eighteen but by the end of twenty nine thousand nine. They will recoup those losses and some more so then not never any chance as you know being down the Dole Queue Anytime Soon Cillian you and I can just carry on buying lottery tickets. Give you a billion on the lottery. I think we we have to worry about ten times as a proper financial person that knows about figures. Would you recommend that. As a pastor riches no abilities terrible. I would also recommend being billionaire. I didn't think it's very good for you. I don't even think being millionaires griping. I'm a great believer in the old potestant work. Ethic that work gives you function shouldn't and fulfillment Lewis. That's your belief thank you very much indeed That was Lewis. This is the globalist on monocle..

"louise morning georgina" Discussed on Monocle 24: The Globalist

Monocle 24: The Globalist

13:21 min | 11 months ago

"louise morning georgina" Discussed on Monocle 24: The Globalist

"And perspective to our work and we know that it takes a marriage of intelligence and heart to create lasting value for clients it's about having the right ideas of course but also about having one of the most accomplished systems and unrivaled network of global experts that's why ah bs we pride ourselves thinking smarter to make a real. June weekly to the bulletin with UBS for the latest insights and opinions from ups and experts from around the World Andrew Holgate has been the literary editor of The Sunday Times since two thousand eight amongst many other prizes and awards. He's previously been a judge for the Samuel. Will Johnson Prize the prize Somerset Moon Awards and the Betty Trask Prize. He's also a member of the Folio Prize Academy and all of that put together means that of course he's the perfect thicke person to be the lead judge the Sunday Times audible short story award now. Let's talk about this award because it isn't the richest prize for single short story in the English strangled. It's worth what the thirty thousand thousand pounds which is considering six thousand pound six thousand words story. That's quite a lot of pounds per word absolutely now. It's quite unusual because short story awards generally aid don't have a prize pot that big but be on usually that important. This is a very very powerful powerful award. It says a lot about the form of the short story it does. I think I think the short story has has suffered in recent years and I think when its tenth ten th year the prize and when it was started it was a deliberate attempt to try and reanimate you know one of the glories of literature really the short story form and so we we felt the way to do it was to be slightly showy and to have a really big price. Make people sit up and realize how important short story was and and if if you think about the short story and every time I talked to a short story writer. The effort that goes into writing a short story is astonishing. You know the the concentration attrition on each individual word that a short story writer has to have is phenomenal possibly more than a novel suddenly every word has to resonate much more do much more work than than puffy novel so it's a wonderful genre with astonishing traditions and we feel very very determined to give it new life judges the judges this year we had a great panel of judges judges so we had the academic. Sarah Churchwell we had the short story writer and novelist Carris Davis who I didn't know if you've read her first novel West which is one of the books. I've loved most host in the last few years. Actually devolved novelist. I'm Blake Morrison the poet novelist and academic as well so it was a really good lineup very solid solid lineup of a judge's lap city. Sarah Churchill's book to is magnificent America what about the origins of America first and wonderful wonderful book all shortlist first of all so the shortlist we had a it's interesting because it's an international price for anyone anyone innings languages languages around the world and we had nine hundred and fifty entries this year which is a record from six continents but it came down to in previous last year we had six Americans Americans all six were America's this year we had three Irish which really think speaks volumes about the renaissance of the Irish writing on at the moment the three Dr People were Danielle McLaughlin a fifty year old are y'all sort of nuance writer for a Novel Story Code a partial list of the say Kevin Kevin Barry for the coast of Leitrim Louisa Kennedy for in Silhouette Emma Klein who wrote the novel the girls for What can you do do with a general an Australian might a young Australia magical pull dela Rosa for combine and the sole British representative this here Joe John Thorn for Whoa. All the poems contained within will mean everything to everyone. J of course is also a wonderful pellet. He is and this is actually a very funny any story about a man putting together an anthology of poetry. an an it's it's the credits at the end very cleverly clearly done as we know the eventual winner was Daniel McCleary and history a partial list of the savings about that so it's a wonderful who it's a very moving quite actually a very quiet story but very moving very much in the tradition. I think William Trevor About two WHO Americans are Americans coming back to Northern Ireland or actually no sorry to Dublin to see his father on the father doesn't know that they have divorced and they come back for celebrate his eightieth birthday and they discovered that he has himself self new woman and so it's a story about love. It's a story about home and it's a story about family and it's very very very touching very quietly done but done with immense whereby words skill what is it that you're looking for as a judge in a short story. That is a very hard no question to answer. Just I think each judge will bring certain things but it's just quality really it's just a story. What is remarkable is we. We have nine hundred and fifty stories. It is so difficult to get it right and you just know when you read a story that works it just clicks in your mind it. It's it's control so it's language it's story endings are immensely important short stories and off so often you'll get three quarters of the way through and then stories just cannot resolve themselves. Some people will look for experiment. some judges we don't have a history of experiment that much in a a winners but yeah. I think I think we look for superb quality writing in the in the mainstream tradition the of the short story so check off the voice of the dubliners that sort of thing and that was Andrew Holgate literary editor of The Sunday Times and judge. If if the Sunday Times Audible Short Story Award and all those shortlisted stories have been recorded on audible. You're listening to the globalist on monocle twenty. I four well. It's time now to talk business with the financial analyst Lewis Cooper Good morning to you Louise Morning Georgina now but these attacks on two facilities in Saudi Arabia have sent oil prices soaring. What more can you tell us about this. You have to remember that Saudi the biggest oil exporter in the world they ship something like seven million barrels a day to the rest of the world and almost six million barrels a day have been hit by these attacks over the weekend that something like five percent of global oil supply and so unsurprisingly oil prices of shortstop shop in Asian. Trading Brent crude. It's very very volatile but Brent crude was up twenty percent at one point ten percent of the other West Texas. The measure of American crewed nine percent. They shouldn't really be a surprise. What is more concerning is that it looks like the attacks were have done considerable damage so when can the Saudis actually repair that and start exporting oil to the world again. The second issue is the president trump has already said he'll release. US oil reserves this is a whole load of reserves. The oil at America keeps in case this kind of thing happens and you've got the Saudis and they've got huge reserves serves saying they will release as well they would tap those reserves as well the blazes. How long is this going to take. It's going to take weeks. Is it gonNA take months six. You know all most six million barrels of oil daily is what is being affected that is a lot of oil to make up huge amounts huge amount and I mean I mean this is. This is a crisis. That's not going to go soon as you as you point out and also the other thing. Is We know ready. There's been huge tensions in Iran and the straight of HAMAS. It's on the importance of that straight for exporting oil. Now we find out that Saudi oil refineries and oil capacity isn't actually a drone attack. You you know okay great. We now discover that the Saudis probably haven't protected the oil facilities as much as maybe we thought they had so this could tip into really quota a messy higher oil price environment really quite easily. I would imagine the only thing that's keeping a lid on the oil price rise. We've seen is the global slowdown down. An economic growth that we know is happening. Yep Now Louise. I'm a huge fan of house starring Hugh. Laurie and other funds will know that part of the mainstream of the plot is that he he is addicted to opioids well. It turns out he's not alone. This is an epidemic really. That's been sweeping the US now. The firm that makes many awesome has filed for bankruptcy. This is the sackler family. I think the BBC wants Tyler hot titled. A news piece is America's most hated factor family. They've made billions out of in getting Americans and other people in the world to be addicted to oxycontin and downplaying the business. They owned perdue former downplaying the risks to to to patients what this is now. They've been gene potentially settling a lawsuit. How number of lawsuits in the states with the potential settlement cost of ten billion dollars yesterday they came out and filed for chapter eleven bankruptcy and we're all trying to work out what this means. Does this mean that those lawsuits aren't going to get hold of all of the money difficult to tell if you look at the the the the filing for chapter eleven bankruptcy looks like the company's got something like ten billion dollars with assets in a billion dollars worth of debt so that suggests any about nine billion dollars available also clearly all those lawsuits can be fighting amongst themselves as to what they can get themselves and there's also questions about quite how much the sackler family. They've said they'll put in three three billion dollars for the lawsuit for for these settlements Forbes reckon there. Were something like thirteen billion dollars. Don't feel sorry for them. They'll still have ten billion in change change and quite interestingly. The New York State Attorney has been looking at the sackler family's finances and worked out. They funneled up to a billion dollars dollars away the into Swiss bank accounts so so it's it's getting all stay as you would expect one would hope that the very people whose lives types of being destroyed by this opioid crisis get some of that nine to ten billion dollars to help their families in their lives and of course the sackler family a great philanthropist the giving lots of money to art and other things how ethical is it to continue to visit the galleries that they support trustingly many of those families many many of those galleries have stopped taking the money like the tate in the UK and the National Portrait Gallery and in fact being it's almost like and taking money from BP get Greenpeace campaigners rock up outside. It's been the same sort of thing so what's interestingly but you know you make money out of Hooghly unethical means. Can you give it away for philanthropist and you can swan around these galleries and have a negative the sackler gallery name off to you but actually made the money in the first place by getting Americans and other nations addicted to opioids which were not which was clearly highly addictive and you said that they weren't I just just to point out what the danger injuries hundred thirty Americans die daily because of overdoses of over periods the the it really is an otter crisis. ACIS and the amount millions and millions are addicted in America because they had pain and they were told this was not an addictive drug on the addictiveness of this drug was downplayed and of course you know it's an opioid of course it's addictive but but that's not what they were told Louis. Thank you very much indeed that was Louis coupo- pump and that's all for today's program thanks to producers page. Reynolds and Reese James A researcher Charlie Film Court and our studio manager Kenya scarlet after the headlines. There's more music on the way in the briefing is live at midday in London. The globalist will return at the same time tomorrow. I'm Georgina Godwin. Thank you for for listening Marie..

America writer US The Sunday Times Andrew Holgate literary editor Betty Trask Prize Folio Prize Academy Saudi oil refineries Blake Morrison Louis coupo UBS William Trevor Kevin Kevin Barry National Portrait Gallery Georgina Godwin
"louise morning georgina" Discussed on Monocle 24: The Globalist

Monocle 24: The Globalist

04:34 min | 1 year ago

"louise morning georgina" Discussed on Monocle 24: The Globalist

"This is the globalist on monocle twenty four. I'm not gonna go in and we're going to check the day's business headlines now with the financial analysts Louise Cooper good morning to you Louise morning. Georgina devils tell us all about devils. So this is the Japanese Prime minister Shinzo Abby he is going to become the head of the twenty. And if they've got a g twenty meeting in the soccer in Juny setting out. He's using the Swiss mountain ought to set out what he wants to achieve the two he wants to achieve is to rebuild the trust in the global trade system and to foster consensus to address climate change. So I mean, let's just put aside the irony of anyone at devils talking about climate change, given the global elite probably produce more carbon put more carbon into the the atmosphere atmosphere from flying to and from Darris devils and using jets pretty much every week, the let's just put the irony and the I win I win the David at number. Being the naturalist David Attenborough being devils an all over devils and taking a lotta money. I imagine to be all over dabbles talking about the damage climate change can do I walls big business. That is when they side, let's the trade trade thing. And and you know, he he talks about the commitment to free open trade rules based on international order. I call on you and Shinzo are. We said on the businesses to rebuild trust in international trade. There's a bit of in the background to this. Okay. As he does this as he sort of becomes the defender of globalization. He has got Trump snapping at his heels. We know the big trade was happening between the US and China, and he's got a threat from Trump to open up, particularly the carmakers. Remember Japan's what's very big success. We'll call makers and Trump wants to protect his. So you've got that in the background Trump has threaten Japan hasn't gone there yet, but he has. Threaten japan. So in this speech, Shinzo does take a little bit of a swipe Beijing talks about the importance of protecting intellectual property. That's why Beijing talks about the importance of government subsidies. That's why Beijing so he sort of alluded and giving listener giving Trump probably what he wants to hear. And he he does also allude to a massive problem with the World Trade Organization the moment, which is the US is blocking any new judges being appointed to the WTO. So the WTI has the minimum of judges to rule on international trade disputes. So the WTO is close to becoming pretty paralysed. He also talked about that. But this to me is a speech mollifying Trump and slightly taking on China. Very very interesting. Now, of course, there's a British delegation. There will be wanting to strike trade deals. Very afraid of what happens come much the twenty ninth or perhaps not we don't even know what the date. It might be. Gene. But one one company that is making contingency plans is so this is extraordinary to Airbus has released video you can say online, I looked at it on the Bloomberg sunny three minutes long, but the Airbus chief executive Tom enders has a damning damning damning damning critique of Brexit in those three minutes with threats goal. I mean, honestly thoroughly recommend watching this three minutes. I mean, first of all he plays to the crowd is what he's clearly this a script that was very closely worked he talks about that the u k gave birth to the jet engine that the UK's a world renowned field of expertise, and then comes the bite, and he says that Brexit could destroy a century of Bucay aerospace brilliance that you aerospace industry stands at the precipice that the Airbus could potentially make very harmful. Oh decisions to the UK that in a global economy. The UK can no longer go it to load. I mean, it's really quite an extraordinary threat. It's also quite extraordinary damning of Brexit. He says, please don't listen to the Brexit tears madness. Which asserts that because we have huge plants here. We will not move, and we will always be here. They are won't extraordinary. Video one thing to bear in mind with Airbus of courses, it has the French and German governments do own big stakes it, and they have a lot of control..

mollifying Trump Shinzo Abby Airbus World Trade Organization Beijing Georgina devils David Attenborough Brexit Japan Louise morning Trump US China UK soccer Tom enders WTI Swiss mountain
"louise morning georgina" Discussed on Monocle 24: The Globalist

Monocle 24: The Globalist

05:12 min | 2 years ago

"louise morning georgina" Discussed on Monocle 24: The Globalist

"Do you agree is the majority judges in Zimbabwe, you know, participant, they some of them wave members of parliament for opiates and the Basel boasted wait appointed by MSN Managua when he was minister of Justice and t- appointed people will loyalties unimpeded. But on the supreme court bench, they are two judges who can be allied opponent to for that Julius prudence and for independence, and they are the Justice himself and rats Patel's who have consistently given independent judgments even dissenting with their colleagues in the past on much as jurisprudence. The court has three options. Now they could declare a winner. They could call another election or they could order a runoff or a recount how likely are any of those scenarios will at all be scuppered on a technicality to do with timing? Well, the is that you know if they don't scupper its on on the technicalities they, I doubt that they would declare Jemison widow data. Don't think that would be a step too far for these Bobby bench what they could do. I think for me, the options are and they're rerun or conferment, and those are the two options. But I see. So this has got to happen on Friday, which is when they come back with the verdict. How do you think that the international community will react to this given the fact that the signing off on it is absolutely key because of economical stupidity. Well, it's very important. You know about that stability and I can see the international community and dosing something where there is a disputes. And if the judgement is seen to be Pattison, that would be fatal bro to any chances of ring with international community. What about violence has been a a lot of concern that neither side will accept the court's ruling, and this will kick off into something very, very ugly. That is also possibility. I've been ruled out nothing. There's also another wedding element. There is a major disagreement between mnangagwa's and one of his vice-presidents. Swing who is on political ambitions, and he's saying during a saying that Mugabe's Andrew, this all electoral process bet. And apparently they hit the fights. Brisket exchange of us last week. And if that's if that's split does happen, that could be nasty for will from Bangor. Thank you very much. Indeed. It's tons to business next. And joining me on the line is the financial analyst. Lewis Kupa good morning to you Louise morning Georgina. No, I don't ever like to give good news about Donald Trump into his sprite when he says the US economy is booming. Yes. Well, the US economy is booming. Popey thanks to his massive tax cuts to corporations which were corporation tax went from thirty five percents to twenty one percent. Massive tax cut has huge implications for the financial stability of the country. By the way, in terms of the amount the country will have to borrow in under Trump's administration, which is massive amounts of money, which one could well argue, shouldn't be happening at the end of an economic cycle, but massive tax cuts for individuals, particularly rich people as well some wisely with Donald Trump. But what this is men is the US stock market, which was already on a roll before he took the president say, although, of course he's not going to give a Bama his. Predescessor any credence for that, but the US don't mock is now established a record bull run. And what I mean by that is the US s. and p. five hundred which includes five hundred of the biggest companies in America quoted companies. America has now is basically been going up for nine years and four months. This is a record. In fact, it's previous low was the ninth of March two thousand nine in the midst of the financial crisis, which actually showed the one of the worst financial crisis we've seen was actually a buying opportunity for the US stock market is up three hundred and twenty five percent. A lot of that is thanks to the tech companies names like apple, Microsoft, Amazon, those kinds of the counties. And we've talked about that before. What's extraordinary about this is that we've got interest rates going up. So we had the US central Bank, the Federal Reserve, and he last night come out with its minutes of its latest meeting into. Writes going up, that's not gonna play Trump. You've got political whisk in the Trump presidency as I'm sure you've been covering with the all political commentators earlier this week, and you've got to trade wool..

Donald Trump US Julius prudence Zimbabwe Basel MSN Managua Andrew Pattison Jemison mnangagwa Federal Reserve rats Patel Bobby America financial analyst apple Lewis Kupa