39 Burst results for "United Arab Emirates"
WTOP
"united arab emirates" Discussed on WTOP
"Seven thirty you're listening to WTOP Washington's news traffic and weather station the UTOP producers desk is wired by IBEW Local 26 where 0 morning I'm Kyle Cooper grace Newton is our producer the top stories were following for today you on WTOP the search continues for a suspect that shot at multiple police officers in Southeast DC last night DC police showed up at an apartment building on thirteenth place for reports of gunfire about eight thirty while they were searching the parking lot a man described as having shoulder -length hair and a white t -shirt in firing at them acting DC police chief Pamela Smith as our officers began to return fire the suspect retreated into the DC's emergency response team did a sweep of the building but did not find the suspect no one has been and injured in the shooting and police are now looking for help to identify the suspect a picture of the man can be seen on WTOP .com Luke Luger WTOP news a reminder for you that overnight we fall back when the clock strikes 2 a .m. daylight saving time is out standard time back in the hours sleep again comes with the cost of it being dark when we go to work in dark when we leave the office the schedule could switch make a big impact on your health when we change the clocks twice a year it really is almost like we're creating jet lag and trout without traveling anywhere in our body and our bodies are really not meant to have abrupt changes in the sleep schedule even if you're getting an extra hour of sleep this weekend it still can cause problems for people and then in the spring it really we know that there's a lot of issues with car accidents cardiovascular issues mood issues related to losing that hour so it really does impact us in many ways that is Shelby Harris a clinical expert on sleep health America's top diplomat continues his work this weekend as the crisis in Gaza deepens. On Saturday, Antony Blinken will meet with foreign ministers from Jordan, Qatar, Saudi Arabia, Egypt and the United Arab Emirates as well as other regional Arab leaders. It is an effort by the US Secretary of State to calm tensions that have become heightened after Israel launched air and ground strikes against targets in Gaza after the 7 October Hamas attack. Mr. Blinken has repeatedly spoken in recent days about the need for the entire region to cooperate on a plan for a lasting peace between Israel asserts that must include separate Israeli and Palestinian states. Officials say at least 132 people were killed in an overnight earthquake that struck a remote pocket of Nepal. This is the BBC's Anbarasan Ithirajo The situation appears to be very serious. We are seeing images of collapsed brick houses and the region is also very remote so access to some of these villages in Nepal is very difficult so reaching out to these people to these villages in of terms emergency and rescue that is going to be a challenge and also bringing those injured to the district in terms of giving them treatment The 5 .6 magnitude earthquake hit the in far west part of that Himalayan country. Election 2024 on top Republican presidential hopefuls will have to meet a higher polling and donor threshold to qualify for the fourth debate in the race. Politico reports that candidates will need to poll least at 6 % support on either of the two national polls or one national poll and two early state polls. There's a slight increase from the 4 % marker previously needed to qualify. RNC The says that candidates will also need to pick up 80 ,000 unique donors up from 70 ,000 to needed qualify for the third debate in Miami. The debate will take place next week without the former President Donald Trump. The fourth debate is scheduled for December 6th in Tuscaloosa, Alabama. President Biden was in Lewiston, Maine, this week to honor the families and victims of last week's shooting. 18 people died and 13 were injured when a man opened fire on a bowling alley and bar last Wednesday night. It was the state's deadliest shooting in history. It's the President's fourth visit to a community upended by a mass shooting in the last months. Buffalo, Uvalde, Monterey Park, and after each one, the President calls for a new federal ban on assault -style weapons. And each time, nothing happens. CBS reporter Ed Keith, O a member of DC Mayor Muriel Bowser's administration, is on leave after an arrest earlier this week. DC D .C. police say Christopher Rodriguez was arrested at his Northwest D .C. home this week and faced a domestic assault charge. But the U .S. Attorney's Office has declined to press charges in the case, according to a spokeswoman. Rodriguez pushed wife his to the ground, police said, but she didn't have any visible injuries. Their daughter heard an argument but didn't see any physical bleeding, according to the police report. Rodriguez is the assistant city administrator and acting chief technology officer. He previously served as director of the city's Homeland Security and Emergency Management Agency. A spokeswoman for Mayor Muriel Bowser tells WTOP that Rodriguez has been placed on administrative leave. Scott Gelman, WTOP News. The Loudoun County Sheriff's Office working to solve a cold case murder that dates back 50 years. The office says it's exhumed the body of a woman in hopes of getting DNA evidence to help solve her killing. Identified as Jane Doe, police say she was shot multiple times back in 1973. Her body was found in Percival. She's believed to be in her early 20s. The Sheriff's Office hopes that her DNA paired with new forensic technology will help identify her through her family members. She was originally laid to rest in an unmarked grave at the Mount Olive Baptist Church Cemetery.
Afternoon News with Tom Glasgow and Elisa Jaffe
Fresh update on "united arab emirates" discussed on Afternoon News with Tom Glasgow and Elisa Jaffe
"77 your information station sponsored by k2 vision RLE news 645 time I'm Jeff pojal up tensions bubbling up in part of Arizona over groundwater and he gets to use it La Paz County Supervisor Holly Irwin says some neighbors are complaining that their backyard wells have dried up since an agribusiness from the United Arab Emirates alfalfa began farming in the county to send back home you have foreign companies that are here taking the water they're taking advantage of the fact that there is lack of regulation here Gary Sater of the Wyndon domestic water improvement district says Arizona has no idea how much water is being pulled from the aquifer by farms in the 1957 water level below the surface where we're standing was 107 feet so in other words you drill 107 feet to touch water today is 142 feet experts say tensions are inevitable as international companies increasingly look to faraway places like Arizona to feed their own populations I'm Donna water hospitals in China are reporting a spike in childhood pneumonia ABC's Brit Clennon is in Hong Kong and spoke with ABC's Brad milky so for now it's mostly in northern China in Beijing and other cities there up it hasn't impacted the south as much in Hong Kong where I am now it should be noted that you know Chinese parents in particular like going to the specialized pediatric hospitals so although it does seem to look like these hospitals in places like Beijing are wound it could also be the case that everyone's just flocking to those major cities to those specialized places in places which is why the government has also exercised caution and told people and parents to go to your local hospitals too but let's be honest as you say what's going on China you know these images are evoking some really tough memories of the pandemic you know all around the world bringing on a lot of skepticism especially when we know China was criticized for a lack of transparency when the virus was first reported in Wuhan so yes a lot of cause for worry and there is clearly a lack of trust but we do have to exercise little a bit of caution and not get into kind of an alarmist mindset just yet well and is this Covid is it a different strain of something is it a totally new virus mean do we have a sense are there theories as to what's actually getting people sick? so it was originally reported as undiagnosed pneumonia and cases have been on the rise since last month it does involve children these have now been attributed to common viruses like the flu RSV and other kind of bacterial illnesses you know we do have to exercise caution as I say you know I don't want to scare anyone China has told the WHO show that no new pathogens have been detected that's really important and China has said that it's strengthened monitoring measures since COVID but again skepticism remains health authorities in China also say that this could also because this is China's first cold and flu season since it lifted those very strict COVID restrictions and much like what you'll remember happening in the US and other places in the world you know there's this huge influx of kids becoming ill when those lockdowns ended the WHO it's acknowledged that this could also well be the case in China but it said that it will also closely monitor this situation and that it's in close contact with Chinese officials and so that's interesting that you have this idea that sort of once the precautions get scaled back that lots of people get sick for lots of different reasons we've seen it like you said in the US US but we've also seen that in the US that has consequences right that has a long tail whether it's just elevated death rates rates we continue to see that you continue to live in a world where like lots of people around you are getting sick and like people are taking time off that of work hurts your company whatever is trying to just going to kind of soldier on the way that so many countries have or does it put some of these zero code policies back in place yeah look there's no sign yet that China is going to go back to those zero COVID policies in fact they were so unpopular in China by the end it's that really hard to imagine that happening again especially when the economy is actually suffering now still as a result partly because of those COVID restrictions it's still feeling the impacts but nevertheless Chinese Chinese officials say that you know there are long waits at some hospitals they are concerned about further infection cross -infection they say and they're urging local officials to open up more clinics That's ABC's Britt Clennon in Hong Kong speaking with Brad Milky. Northwest News Time 650. Time for your StockCharts .com money update here's Jim Chesko. Stock's edge Today another day of muted trading. The S &P 500 eked out a four -point gain. The Dow Industrials rose 83 and the Nasdaq Composite added 40. Amazon and
The Bitboy Crypto Podcast
A highlight from Is the DOLLAR DEAD? (BRICS Using Bitcoin)
"What would it look like if bricks made good on its word and rug pulled the reliance on the US dollar in mass, with a new currency backed by bitcoin and precious metals? Today we are going to do some speculation on what could be coming for bitcoin as the technological arms race between the world's two top superpowers begins to heat up. My name's The Druth, let's dig in. Since the advent of the very first block on the chain, bitcoin maximalists have longed for their investments to take them for a ride to the moon. So far there have been some thrilling moments, but nothing like the hopeful dream come true yet. Today we are talking about the elusive million dollar bitcoin, the big kahuna, to the moon and beyond, and how that could become a reality for the unlikely player that is actively seeking to change up the global financial markets. We are referring to a conglomeration of nations, currently accepting applications and rapidly growing bricks plus. Let's zoom in on why this contentious rival to the US dollar could be the linchpin erupting the price of bitcoin into the biggest super cycle that's ever been seen, and making every maxi's dream come true. Picture this, just before two jumbo jets impaled the world trade centers in September of 2001, a top economist at Goldman Sachs in Manhattan made a prediction of a group of nations called global bricks, which included Russia, India, and China, as its top members would outpace the US and its allies in GDP growth and their dominance in world trade. This prediction was published in the article titled, Building Better Global Economic Bricks. Uncanny timing to say the least. By 2003, the four countries called out in this prediction made up just 9 % of the global GDP. Fast forward to 2009, and they were touting 14 % of its figure and held the first brick summit in Russia, and just one year later, and accounting for the addition of South Africa to the roster, their numbers were up to 18 % of the aggregate global GDP. The exact valuation amounting to around $11 trillion, and they hosted their second summit in Brasilia. This group has certainly been gaining momentum and looking at today's numbers with the addition of several prominent new members including Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. They're edging closer to making up 32 % of global GDP and have officially surpassed the G7 in global dominance exactly as Jim O 'Neill said in 2001 Manhattan. Now that we understand the density of the financial potential for this assembly of nations, let's turn the page and take a look at their objectives moving forward. The current scene is set. The U .S. has realized an onslaught of political and financially destabilizing sanctions on Russia and China over recent years. At the most recent BRICS Plus summit in August in Johannesburg, South Africa, the senior Russian diplomat Pavel, can't say your last name, not even going to try brother, I'm sorry, said that the organization is looking into developing a BRICS specific currency that is backed by a diversified set of assets. It is drawing a connection line between this statement and others made by Russia and China who are openly deliberating backing their national currencies with crypto assets and suddenly there are implications here that are truly heady for crypto communities. The dominant theme for BRICS summits has been the dialogue on global economics and finance fostering the meeting of minds between ministers in charge of the area of finance and governors of central banks. It is fully transparent that crypto is on the tip of their tongues. Other major talking points for BRICS have been surrounding food security, agriculture, science and technology, and energy. Now that BRICS encompasses two of the world's largest exporters of oil and gas, as well as crucial trade choke points such as the Suez Canal, the Strait of Hermos, and Babal Mandab Strait, their imperatives are surely going to shape and widely impact the future of finance, but also just about everything else along with it. 84 countries in total have aligned themselves with BRICS, hence the big plus that has been added to their acronym. Together they now account for over 40 % of the world population and represent a large swath of the global south. These countries were slighted by the US dealings throughout COVID -19 crisis years and 40 % of global oil production, not to mention 75 % of critical minerals and metals are under their umbrella. Although these countries claim to not be anti -west and prefer the term alterna -west, their dealings are clear. Brazil's President Luiz Inácio Lula da Silva called for a common currency for investment and trade between BRICS nations at the most recent summit and President Xi Jinping spoke of promoting the reform of international financial and monetary systems at the same time as Putin telling the congregation the objective irreversible process of de -dollarization of our economic ties is gaining momentum. It seems pretty obvious to any blockhead that crypto is a fluid solution for these objectives, with Bitcoin rising to the top as an ideal payment system that was essentially designed to fill this void. So now let's get to the fun stuff. Let's just say BRICS decides to allocate just 25 % of its GDP into Bitcoin as part of its overall backing of currencies. 25 % of a conservative $85 trillion GDP for BRICS comes out to $21 .25 trillion dollars. Bitcoin's total market cap currently sits at $543 billion. With $21 .2 trillion dollars worth of Bitcoin being purchased, this would explode the price of Bitcoin to at least $1 million dollars per coin. This would represent a 53 ,125 % increase in the market capitalization of Bitcoin. This would also likely cause a frenzy among other investors. They would see the movement of BRICS nations as a major signal that Bitcoin is the world's most valuable asset, thus pushing Bitcoin even higher. It is difficult to say exactly how high the price of Bitcoin could go if BRICS nations purchased this much of digital cheese. But one can assume these nations purchases would be laddered OTC as to not make it blatantly obvious to the open markets that the Bitcoin supercycle has begun. Bitcoin would become a major reserve currency, forcibly displacing the US dollar as the world reserve currency, just as BRICS plus intends to do so. My God. If this technological tea party excites you, if this digital revolution we're seeing unfold across the world gets your goat going, hit that like button if you love your freedom. I'll see you next week.
News and Perspective with Tom Hutyler
Fresh "United Arab Emirates" from News and Perspective with Tom Hutyler
"Cougs and Beavs are close to a football scheduling game plan. Washington State and Oregon State Universities, all that will be left the PAC -12 Conference next year. According to CBS Sports' Dennis Dodds, those two schools have proposed a 2024 football schedule with Mountain West Conference teams. The plan would generate 12 additional games for PAC the -2 Cougars and Beavers. WSU and OSU would pay 28 million directly to the Mountain West. Washington State is also locked in to play the Apple Cup the next five years against Washington. The undefeated Huskies hope they'll move up from four to three in tonight's college football playoff rankings. UW's bigger concern finding a way to beat Oregon in Friday night's PAC -12 Championship. Offensive coordinator Ryan Grubb says UW receivers will have to win one -on -one battles with Ducks You go back to the Oregon game that we won almost every big play that we had was a contested throw. The Dogs are nine -point underdogs. Seattle Kraken open a four -game hockey journey in Chicago tonight. The Blackhawks announced they have placed veteran winger Corey Perry on waivers and will terminate his contract for quote unacceptable conduct. Sports with Schwartz at 10 and 40 after the hour. Northwest News Radio. Northwest News Time 242. Tensions are bubbling up in parts of Arizona over groundwater and who gets to use it? La Paz County Supervisor Holly Irwin says some neighbors are complaining that their backyard wells have dried up since an agribusiness from the United Arab Emirates began farming alpha in the county to send back home. You have foreign companies that are here taking the water. They're taking advantage fact of the that there is lack of regulation here. Gary Sater of the Wyndon Domestic Water Improvement District says water. Arizona has no idea how much water is being pulled from the aquifer by farms in the water level below the surface where we're standing was 107 feet. So in other words you drill 107 feet to touch water. Today it's 542 feet. Experts say tensions are inevitable as international companies increasingly look to faraway places like Arizona to feed their own populations. I'm Donna Water. It's 243. We'll drive check in your one minute. Chronic pain can be so life -changing that it causes depression. constrain The effects relationships and tear families apart. If chronic pain is impacting you or someone don't wait to get help. I'm Dr. Mark Shelley, a chiropractic neurologist at Sound Pain Solutions. If your family is missing the person they once knew, schedule a free consultation to learn if our non -surgical and drug -free approach could help you get your life back. At Sound Pain Solutions, we've treated thousands of patients suffering from neuropathy, neck and back pain, and complex joint problems. Our personalized treatments include state of the art technology like bioelectric therapy, laser, regenerative injections, pressure wave treatment, others and that stimulate healing naturally. Get a new focus on your family and the activities you enjoy, not your pain medications and limitations. To learn if you qualify for our non -surgical drug and -free treatment, call us at Sound Pain Solutions or visit SoundPainSolutions .com. 244 Northwest News Radio, your home for breaking news. Traffic and weather every 10 minutes on the fours. Kimmy Klein is in a high performance homes traffic center. So we're still dealing with a pretty large power outage south of Auburn, north of Sumner and east of 167 around Algona, West Valley, East Valley Highway area. So keep out an for eye dark traffic signals. Treat them as always. Stops are hoping to restore it by 5 30. We will see south on 167. Meantime is filling in south of Highway 18 as well towards Sumner and there's still a car versus building crash in downtown Puyallup across from the background. And this is partially blocking meridian right around 10th Avenue southeast. Now in Seattle, North Seattle, there is a power outage affecting a traffic light on Lake City Way just east of I -5 and 15th Avenue northeast and that's starting to in back both up directions. South and I -5 is filling in from the U district through downtown Seattle. Northbound 5 is heavier now around the Michigan curve into the convention center. Everett traffic getting busier on North and I -5 leaving the Boeing freeway towards Marine View Drive. This support sponsored by Macy's Backstage. What will you find out at Macy's Backstage? How about the perfect holiday gifts? $25 and under like matching family PJs, fragrance sets, toys and more. Find the latest trends, new arrivals and great prices at a Macy's Backstage store near you. Your next northwest traffic at $254. Matching PJs. Speakin' my language there, Kimmy. It's $245 and let's get a check on your forecast. Sponsored by Northwest Crawl Space Services. Sunny, low 40s through tomorrow
What a Weird Week
A highlight from What a Weird Week Canadian Thanksgiving Special: Ten Ten Again! Fri. Oct. 6, 2023
"What a weird week Canadian Thanksgiving special 1010 again Hi friends, I'm Scott and this is what a weird week a show about the weird news that happened this week for show notes and More visit show notes dot page. That's show notes dot page It's Canadian Thanksgiving this weekend, but instead of taking the week off or even posting a rerun Please enjoy this 10 10 episode where we revisit 10 Former number 10 entries from this podcast and see how they hold up now So here comes season 4 episode 54 10 10s for Thanksgiving first published on Friday, October 6 2023 10 kicking off the top 10 this week number 10 from March 24th 2023 the headline was bonkers carrot caper This happened at the Clearview Mall in Pennsylvania where police caught the suspects charges at the time were Expected pending two people stole a giant foam carrot and a pinata from a mall Easter display in March of this year and when they took off a Security guard was dragged by the getaway truck for around a quarter mile. No one was hurt Thankfully police located the large carrot and the Easter pinata at a home And at the time we hoped there would be some sort of Hollywood treatment because no one got hurt We were like, maybe this should be a movie. All right, how does that one stack up long story short it holds up We haven't had any other giant foam carrot Theft stories on this weird news podcast since that happened in March This is our only weird Easter caper story So that one holds up the follow -up on this is they named the two fellows an 18 year old and a 20 year old And they said they would be charged at a future date They also said because of the nature of the crime they wouldn't be taken into custody. Oh, they were both visiting from, Texas So the anonymous tip came in they found them at a house. The two fellows were visiting from, Texas When they said the nature of the crime, I think what they mean right is it was more of a prank No one got hurt. Although that security guard did get dragged for around a quarter mile behind the getaway vehicle But they weren't taken into custody and then that story goes cold I don't know the follow -up is kind of open -ended what happened next The story just went cold after that 10. The next number 10 was from March 31st of this year It was about the fella the 91 year old fella who crossed the Grand Canyon It's around 24 miles to hike from one edge of the Grand Canyon down through to the other edge This took five days 91 year old fellow named John did it and he got in the Guinness Book of World Records He is the oldest person to ever cross the Grand Canyon. This one holds up no, 92 year old was waiting in the wings to break this record, I guess or hasn't done it yet. So John is still the World record holder is the oldest person to cross the Grand Canyon at the time I remember treating this like an inspirational news story something You know if you've always dreamed of getting in the Guinness Book of World Records But you can never seem to get it right you could never get that Rubik's Cube solved or you know cross the Grand Canyon There are still opportunities as you get older this one You can train until you're 92 years old and then attempt to beat the world record So this one holds up and still inspirational You Are listening to what a weird week It's a show that leans into the weirdness 10 our next entry in our 10 10s Thanksgiving special is from April 7th of this year. How young is the world's youngest published author? That's weird And we went from the oldest person to cross the Grand Canyon one week and the next week We kicked off the show with the young author this was a story about that boy from the United Arab Emirates four years old four years and 218 days old and has a published book called the elephant sayeed and the bear The book is about kindness and an elephant and a polar bear and it is officially a Guinness World Record This person the youngest published author You have to have at least a thousand copies sold to have an official Guinness World Record as a published author this book sold more than a thousand copies and Guinness World Record This story holds up. No one younger than four years old has published a book. Come on slackers. What's going on? In writing three -year -olds to sorry to this one. I did I remember at the time I was maybe in a bad place that week I remember thinking wow once you start kindergarten once you're five years old Strolling into the kindergarten class if you don't have a published book You've failed already because a four -year -old did it That one was not a great take on my behalf. I would say for the aspiring writers When you crunch the numbers the demographics of this the people who listen to this program it cuts off at a certain age So you don't know how many five -year -olds are listening to this podcast But I want to apologize to any five -year -olds listening who want to be a writer and I was like you might as well quit You didn't get the world record. That was a terrible thing to say Continue to pursue your dreams five -year -olds, please continue to write stay with it Let's end on that message 10 next up was our story from April 14th of this year How short is pearl the Chihuahua the shortest dog in the world? And so just to recap from the ground up pearl the pooch is 3 .59 inches tall a little bit taller than 3 .25 or half of a dollar bill or a little bit taller than a credit card Also a can of soup is taller than pearl the pooch Pearl is about as long as a dollar bill five inches long weighs a little bit more than a pound Does this story hold up turns out pearl the Chihuahua was? Actually a person in a suit. It was all fake you guys. No no, the story does hold up and pearl the Chihuahua is still the shortest dog in the world and the photos are still Wonderful if you want to see pearl the pooch and smile click show notes that page is You This the what a weird week show a weekly rundown of weird news 10 if you're just jumping in here We're doing 10 number 10s from past episodes as a Canadian Thanksgiving special and then Going back to see do the story still hold up. Are they still weird? Is it all still a real thing? Did it really happen? Will we be disgraced by reporting something that was completely fake at the time so far so good The next one is how fast can you this one doesn't hold up you guys spoiler alert? How fast can you drink are you ready to set a world record a German man shattered the this is from April? 21st of this year when the German fellow shattered the Capri Sun speed drinking world record 10 .41 seconds finished an entire Capri Sun drink. These are the ones where if you don't have Capri Sun where you're at it's a Bag of drink and you stab it with that pointy straw and you drink the thing Well, that was a nice record while it lasted but just last week We talked about the fellow who now has a Capri Sun speed drinking record of under 10 seconds Eight point something seconds to finish an entire Capri Sun So this story does not hold up from April to last week It was a record but now there's a new champ in town 10 next up from April 28th of 2023 Nudists will feel naked and exposed if cable car over nude beach goes ahead This was a story we had in April from Vienna Where there was a plan for a cable car route to pass over a beach frequented by nudists and it was not a popular thing amongst the nudists a Nudist named Barbara was quoted in the story I don't want to end up on the internet 72 year old Barbara said The developer said the cable car will pass over the beach for hardly any time at all The cable car windows could be the kind that switch to non see -through when the cable car gets close to the beach Anyway, that was the story in April. How does this one hold up at the time? I remember I was like everyone calm down. Keep your pants on nudists. I was very proud of that joke I remember so does it hold up? The last thing I can find about this is from a blogger who says in their blog post not sure if it's a sure thing yet or still in the Possibly could happen stage. So there's not a lot yet. I mean these projects sometimes they take a while You got to get approval. You got to get money all of that and then you got to calm down the nudists There's a lot happening behind the scenes no doubt, but there's not a lot of follow -up yet on this one I've found some video of non nude variety and I will post that in the updated show notes a Weekly countdown of Weirdy McWeird stuff This is the what a weird week show 10 next is from May 5th of 2023 Our number 10 that episode was freaky foot world record. Do not attempt This was about the lady named Kelsey who said a Guinness World Record for her freaky footwork Basically, she can point one foot forwards and the other foot backwards Kelsey is a librarian from New Mexico. Her official world record is most foot rotation for a female She discovered this world record ability at her library when the new Guinness Book of World Records came out She's flipping through she saw the foot record in there and she was like, I wonder if I could do that She did and she could get more Flexibility or more whatever She could be going in both directions more. So however you word it. I'm not sure anyway, this story holds up this one is still a Guinness World Record and Please if you're going to attempt it stretch consult a physician I just feel like you could try this one Maybe you're having a couple of wobbly pops or something at a Canadian Thanksgiving party this weekend And you're like, I'm gonna try that world record and you haven't warmed up enough or whatever Maybe your feet would stick that way. How are you gonna get around now? Please do not attempt 10 next number 10 was from May 12 2023. How excited are you about printed fish? That was our headline from May the company in Israel has 3d printed fish It's not meal ready fish you print it out and then you have to cook it fish fillet they start with lab -grown grouper fish and They turn that into some sort of edible filament for a 3d food printer That was kind of how I described it at the time I you know, it's oversimplification But you get the picture lab -grown printable fish could save the environment could save real fish could save all of us Like the other lab -grown meats they're trying to get enough food for everyone Wouldn't it be wonderful if everyone all of the humans had enough to eat that would be good, right? They said they wanted this to be available for purchase next year at the time. I described it as white goo It looks like white goo. I stand by that. It does look like white goo and how does it taste? Well, unfortunately our website when you click our show notes, we do not have that capability I know I should be upgrading to Squarespace. I get it. But right now our show notes blog Does not have lick the screen capabilities so that you can taste what the printable fish would taste like So is this story fishy or does it hold up? I say it holds up I mean, we're still at the place where they're trying to get regulatory approval get through all the hoops You got to jump through and then by the end of 2024, they hope to have it available You know, you could have it on your plate by next year. That's where we're at with this one So I say it holds up. I've been voting all of these hold up haven't I mostly Maybe I'm biased Recapping the weird ones from this week's news. This is what a weird week 10 if you're just jumping in at this point, this is the what a weird week show Thanksgiving special for Canadian Thanksgiving We're doing 10 10s 10 former number 10 stories and then we're doing follow -ups do the stories hold up This is from May 19th 2023 the Gator that fooled us all This happened on Treasure Island on the Gulf Coast Police on Night Beach Patrol were surprised by a tricky Gator a biggie from their Facebook post Look at the size of that Gator one of our officers tried rounding up on Treasure Island Beach last night It was an incredibly realistic sand sculpture That's it. That's what we had for a number 10. Well, this story doesn't hold up I mean we've had weirder stories than this weirder things have happened to you on your way to work this morning probably, right? last recap week This is where we recap last week It's right there in the title and this episode from last week is still up if you want to check it out if you didn't have a chance show notes dot page to Find previous episodes and all the show notes and all the links number 10 last week Tinder's very expensive option makes news. I kept saying $4 .99 and made it sound like it was five bucks a month It's five hundred bucks a month I think we made it clear by the end of that story But there's a lot of money for tinder or is it? I don't know I'm married number nine last week Wiener mobile rides again number eight was dogs go to human movie world reacts number seven flock of sheep steals 600 pounds of marijuana plants Number six was Guinness World Record for ten -year -old makes many of us feel inadequate Number five was message in a bottle sweepstakes makes news number four last week guy drinks Capri Sun brand beverage very fast sets new world record 8 .02 seconds number three drug that can grow new teeth was in the news Number two last week dog from Canada sets sock removal record I had a hard time getting through that one last week We had an honorable mention last week spongebob mac and cheese is a triumph of the human spirit and number one last week the lady Who got stuck in the toilet lady stuck in toilet makes news retrieves? Watch a few of you sent notes saying I should have had that outhouse story at number two in the number two spot The lady in the watch in the outhouse. It should have been number two. You're absolutely right. Well played You Welcome back to the what a weird week show our final number 10 of this all 10 special is 10 from May 26 2023 people reminded to wear clothes for driver's license photo in Georgia now in the state of Georgia in the USA You can get a digital driver's license as part of the apply process when the story came out You have to send them a photo and at the time the Georgia Department of Driver Services Posted on their Facebook attention lovely people of the digital era Please take pictures with your clothes on when submitting them for your digital driver's license and IDs Let's raise our virtual glasses and toast to the future Cheers to technology until I would say that story holds up until they allow naked driver's license. How about that? And that's a wrap on our special episode of 10 number 10s from the past year the lasting tenacity of weird Cannot be understated. I don't know am I wrong. It seems to me like most of those stories hold up And so we'll wrap there the special episode of 10 number 10s from the past year if you are celebrating Thanksgiving this weekend Canadian Thanksgiving have a weird and wonderful.
The Hugh Hewitt Show: Highly Concentrated
Fresh update on "united arab emirates" discussed on The Hugh Hewitt Show: Highly Concentrated
"I think they would feel that you can appease your way or negotiate your way to every desired income, every desired outcome. And you and I know that is not something that's going to be a possibility, especially when you begin to squish on where your posture is when it comes to global participation and global decisions. Senator Blackburn, next I'm going to ask Senator Cotton about this, because he's on armed services and intel. But I want to know your thoughts. I've asked Haviv Reddy-Girr, who is a superb journalist from Israel, talk to him from Jerusalem this morning, I'll ask Dr. Michael Oren, our former ambassador from Israel to the United States, next hour as well, about after the war, after Hamas is destroyed or at least flee Gaza, there's a reconstruction effort there. Haviv Reddy-Girr is hopeful the Americans will vote significant aid to the restoration of Gaza, provided that the correct people are in place to administer that. I know the United Arab Emirates has declined to get in line, at least I've read that, I don't know it for sure. Is there anybody out there that you're aware of whom you would trust to administer American funds in Gaza after the war? What we do know is we can't trust the UN to go in and do this. Agreed. They get prison themselves to be incapable.
Bloomberg Radio New York
"united arab emirates" Discussed on Bloomberg Radio New York
"Gurdwara parking lot. As he was driving, Gurdwara security cameras capture a mysterious white sedan. Seemed to start moving as soon as he did, pulled in front of him on the road out and then stopped right before the exit to the Gurdwara merged into a larger road. When that car stopped, it forced Hardeeb Singjar to stop and then two people in black, two men in black emerged from the side of the road and fired into the driver's seat window of New Jersey's truck. The firing continued for around five seconds, maybe a bit longer. As soon as the firing started, that white car pulled out of the Gurdwara and drove away and then the two gunmen stopped firing and they started running. Witnesses saw them running and witnesses who I spoke to, three people pursued them, followed them into a park Nearby, one says that one of the gunmen, they were dressed all in black, they had black hoodies on and they appeared to be concealing, holding something in their pockets, the front in hoodie pocket and one of the gunmen pulled a gun out and threatened one of the pursuers, then proceeded deeper park. into the The pursuers, after hesitating 20 seconds or so, continued and caught up just in time to see the two gunmen still masked get into a silver sedan that was parked in a cul -de -sac right at the end of the park and then and drive away so that's what we know. The police have released all this information. The white sedan is still a mystery. The police identified the silver car as a 2008 Toyota and asked for information about that, identifying the driver of that as another suspect That's pretty much where it stands Yeah, unfortunately we have to run. There's so much rich detail in this story and it reminds me of the complicated relationship that the world has had with China over the last 20, 30 years and now you wonder if it's just a repeat with India. Ari Alstetter, thank you so much. Bloomberg, this is Bloomberg Radio on demand and in your podcast feed. On the latest edition of the Bloomberg Daybreak S U edition podcast, we discuss the fight over the speakership with Florida Congressman Matt Gates. I'm both for of them right now. I'm eager to hear their plans and their vision, but if the House of Representatives goes from stewardship the of Kevin McCarthy to either the stewardship of Jim Jordan or Steve Scalise, that's going to come to the light of many conservatives and certainly many of the Floridians that I represent, but it's not just about the person. Both of these folks are honorable men. It's about the plan. They have to reduce spending. We sit atop a $33 trillion debt. We're facing $2 trillion plus annual deficits, and I am worried about global de -dollarization. I see what's going on in the African Union where more of those countries are using local currency when they're selling resources. natural I look to a lot of the Gulf monarchies and energy producers in the Middle East that are away from the dollar and toward the one. Matter of fact, the United Arab Emirates, Saudi Arabia, and Iran just in August joined the BRICS system, the Brazil, Russia, India, China, South Africa system to de -dollarize that with the latest Reuters survey showing that economic analysts now believe that in 2024, the dollar is going off of the dollar. So I believe we have to have governance and a plan. A lot of critics, sir, do say though expansion an of BRICS though means it actually dilutes it. They cannot coalesce around anything. And that actually helps the fact that the dollar remain the primacy currency on the global stage. I wonder. I think that is not a linear progression, right? Because as BRICS becomes more mean, the real worry about BRICS is the movement of natural resources outside of the dollar. Hear the full conversation on the latest Bloomberg Daybreak US edition podcast. Subscribe on Apple, Spotify, and anywhere else you get your podcasts. Plus listen anytime on Bloomberg business app and bloomberg .com the data. When you your get news from Bloomberg, you don't just get the story. You get the story behind the story. How your EVs battery may not be as green as it seems. Why a decrease in global birth rates could send countries scrambling to increase immigration. You get context and context changes how you see things, how you change things because context changes everything. Go to bloomberg Together next. we have the opportunity to build a more sustainable and inclusive future. At the Bloomberg new economy forum help make this possibility a reality by cultivating new connections among global leaders that transcend geographies, industries and ideologies. Because when global leaders work together
The Hugh Hewitt Show: Highly Concentrated
Fresh update on "united arab emirates" discussed on The Hugh Hewitt Show: Highly Concentrated
"And I would ordinarily, every other year, I would spend the first segment moaning about the loss of the Buckeyes to our rival and the loss of the Browns to our nemesis, but I'm not going to. I'll simply quote Sir Andrew Barton, fight on my men. I am hurt, but I am not slain. Lay me down and bleed a while and I'll rise to fight again. We'll get them next year. I'm really not as obsessed with ball as I normally am because of the ongoing crisis in Israel and the war that could engulf the entire region, if not more, at a moment's notice. And I'm following so closely every day as watching the game, checking on Hamas was screwing around with the hostages on Saturday, the second release, the third release came off fairly closely according to schedule yesterday and the fourth release is expected today. And there are discussions between Israel and Hamas and Prime Minister Netanyahu relayed this to President Biden last night, that Israel is willing to extend the pause in fighting every day that another 10 hostages are released. I believe that a total of 38 Israelis have been released and an extra number of Thais, Filipinos and Russian, a Russian guy got released yesterday and an Irish girl got released. But Israelis, not dual citizen Israelis, but Israeli Israelis, they have to come out at 12 a day minimum or the pause is over. And Hamas danced on the edge of a razor Saturday because Israel was prepared to resume the war and its catastrophic consequences for everyone in Gaza who is innocent, however that number might be, and continue to kill Hamas terrorists and close the net around Sinwar and his butchers. But Qatar got there and Egypt got there and they slapped him around a little bit and said, are you are you morons? Look at Gaza. Look what you've done. Take the pause, release the hostages. And they have not really lived up to the deal, but it is close enough for the Israeli government and the people of Israel. And apparently, now I put this on my Twitter feed so it might sound familiar to you, fanatical religious zealotry doesn't necessarily mean outer stupidity, but Hamas leadership would lead you to conclude that it does. Hamas came close to triggering the renewal of this devastating Israeli offensive on Saturday and any breach of the hostage agreement will do so again today and tomorrow. That would be today and in the days beyond during which Hamas can extend the pause and exchange for ongoing release of hostages, Hamas wholly misjudged Israel when it launched the massacre. And again on Saturday, as well as their allies in Hezbollah and Iran, Hamas had no idea. They thought Hezbollah would come in and Iran would back him. No, Hamas now quite obviously losing and coherence in its decision making is slipped away. So being optimistic about their being serious and careful is just not really grounded in reality. Their best strategy, among many bad ones, would be to reliably deliver on the terms of the current agreement. And at day five or six, propose a comprehensive ceasefire in place of a truce, one that allows the terrorists to escape the desperate trap they've created for themselves and led themselves and all of Gaza into. So it's very difficult to do a retrograde operation. They are caught in a closing newt. It has been devastating to Hamas. It has been devastating to Gaza and the IDF will not stop and the government will not stop. The only possible way that they survive is to escape to Iran, probably. And the only way to get to Iran, Sinwar and the remaining Hamas fighters, killers, warriors, whatever you want to call them, the propagandists call them warriors. Israel calls them gunmen. I just call them terrorists. No matter what you call them, the only way for them to get out is to get to Iran via a deal and the deal would have to be, Israel would hold up its end. It is a state with integrity and if they agree, okay, all, I think it remains at 198 or something like that, 192 hostages of all variety, release them all. And where's baby Kabir? We haven't seen baby Kabir. Release them all. Tell us where everyone is and if you can't, we won't let you go and if you can't deliver everyone 10 a day, we're going to resume fighting. And I believe the people of Israel would support that. If you did not notice in the news last night, two terrible stories, two important stories. One is terrible. Important story, the USS Mason, which is an Arleigh Burke class destroyer, intercepted a oil tanker that had been seized by Houthi terrorists. The crew had locked themselves in the safe room, put out a distress call and the United States Navy came to the aid of the tanker and the Houthis tried to flee, but they got caught by the American Navy and they're prisoners now and I hope they go to Gitmo. We should find out where their orders came from and begin to put together a map of how Houthis, maybe we want to rethink demanding that the United Arab Emirates and Saudi Arabia stop the war with Houthis because they're just an army of Iran. Maybe everyone understands that now. The terrible story came out of Vermont.
Bloomberg Radio New York - Recording Feed
Monitor Show 00:00 09-27-2023 00:00
"Interactive brokers clients earn up to USD 4 .83 % on their uninvested instantly available cash balances rates subject to change visit ibkr .com slash interest rates to learn more the full conversation on the latest edition of the masters in business podcast subscribe on Apple Spotify and anywhere else you get your podcasts plus listen anytime on the casting 24 hours a day at Bloomberg .com and the Bloomberg Business Act this is Bloomberg radio this is Bloomberg Daybreak Middle East and Africa our top stories we got a Bloomberg Evergrande exclusive billionaire chairman has been placed under Chinese police control it adds to questions over the fate of the company after back -to -back setbacks to its restructuring efforts also had Tesla turning out to be the biggest target of European Union investigators as a likely beneficiary of Chinese government subsidies shares fell in the US session and United Arab Emirates considering a system that will allow visa -free travel for Gulf residents the nation's latest bid to boost tourism after easing societal restrictions it is just going 8 a .m. across the Emirates 7 a .m.
Bloomberg Radio New York
"united arab emirates" Discussed on Bloomberg Radio New York
"Income economies. We were just behind United Arab Emirates and Saudi Arabia. And this rise was led by women, people of color. But here's the thing, experts are saying that new businesses might be reaching a turning point. Because of inflation, the slowdown in consumer spending, business closures actually ticked up last year to more than 5 % from nearly 3 % in 2019. And the experts are saying it's easy to get started, but it's tough for these businesses to just keep growing. Now, don't know if we can call this a trend just yet, but the Financial Financial Times has a story this morning about Illinois becoming the first state to abolish cash bail. Yeah, starts this today. It's a legal battle, went all the way to the state Supreme Court. Now, before this, there was that practice of demanding monetary pretrial bonds to be released from jail. But it was blamed for high incarceration rates because people just couldn't afford to pay it. Now, listen to these stats. So the Prison Policy Initiative, it says about 427 7 ,000 people are incarcerated in local jails just awaiting trial in America. So 8 out of 10 people held there have not even been convicted of a crime. Black and Latinos make up 63 % of that population. So instead of this monetary bond, there's going to be hearing before a judge to determine if that person is a flight risk or a maybe danger to public safety. And you remember in New York, Nathan eliminated cash bail in 2019. That was for misdemeanors, non -violent offenses. But critics are saying that it's causing a rise in crime. Speaking of, perhaps The Wall Street Journal has a story about TikTok being used to share We did movies. I know it's a video sharing app, but I didn't know they last that long. Yeah, and they don't. And that's the thing. You have to have the patience, right, to scroll through a ton of clips. So you can actually watch the Barbie movie. Not that we encourage such a thing. No, no, no. But you can watch the Barbie movie on TikTok if you have the patience. It's a ton clips. of I mean, they're found on, which is new for me, the for you pages of some of these users with titles like part eight. So they don't actually say the name of the movie. So you kind of have to scroll through a little bit. But these counts, they're racking up hundreds of thousands of followers. The videos can be long, as long as 10 minutes. But just some of in them are that two to three minute range. So you really have to have the patience for it. But the users are saying that they like it because the algorithm also suggests other programs that they may like. And the Hollywood lawyers are saying, though, these programs copyright violate laws. But here's the funny thing. Experts are saying that these posts could actually benefit studios gives because their it content a new audience. Peacock testing it out right now. They're uploading full episodes of certain shows. And this is the fight with the work, the striking writers and actors. You know, they want that more money for the content streamed online. Interesting angle on it. Thanks for this, Lisa. As always, Bloomberg's Lisa Mateo giving us a look at the front pages across the country, futures pointing to a slightly higher open on a trading week dominated by central banks. S &P futures up about a tenth of one percent as are Nasdaq futures. Dow futures up a tenth of one percent as well. Up next, we'll get the latest on the auto workers strike now in today four plus a busy week for central banks. That is coming up in our six thirty news. First, let's bring in Rob Arlen for
The Breakdown
A highlight from Markets Shrug Off Predictable Powell at Jackson Hole
"Welcome back to The Breakdown with me, N .L .W. It's a daily podcast on macro, Bitcoin and the big picture power shifts remaking our world. What's going on, guys? It is Friday, August 25th, and today we are doing a macro roundup. Before we get into that, if you are enjoying The Breakdown, please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to bit .ly slash breakdown pod. Well, friends, today, the big thing, of course, is Jackson Hole and Powell's speech therein. And so I thought it would be good to put that in a wrapper of the stories that have been going on around and outside of the industry, things that have been impacting traditional markets to put that news of what Powell said in its proper context. And for that, I want to start with a story that those of you who have been listening to the AI Breakdown will be quite familiar with. That is, of course, Nvidia. Nvidia absolutely blew earnings out of the water after the market closed on Wednesday. Their Q2 net income came in at a staggering 6 .7 billion, which was a 422 % increase from the same quarter last year. Sales growth shot up by 171 % on an annualized basis to reach 13 .51 billion. Profit came in at 270 per share. Now, compared to analysts' estimates, those figures represented a 30 % beat on profits per share and a 22 % beat on sales. That is massive, especially considering how much hype and anticipation Nvidia had going into this. Now, overnight on Wednesday, shares rocketed up over 6 % and hit a high point of $517 per share. That pushed the stock up more than 220 % on the year. The company also announced the approval of a ridiculously large $25 billion in buybacks, representing a little over 2 % of the total market cap at current prices. Now, this is the second quarter in a row with blowout earnings for Nvidia. Q1 sales came in at 10 .3 billion, outperforming analysts' estimates by almost 30 % again. During their Q1 report, Nvidia had guided 11 billion in revenue for Q2, which was an estimate that exceeded analysts' forecasts by over 50%. And it turns out even that was far too conservative. Now, of course, Nvidia's success has been coupled to the rise of AI. The firm's H100 GPU is the top of the line in AI computing, and it's not particularly close. Individual units range in price between $25 ,000 and $30 ,000 with a volume discount, but that isn't even really the highest end product being demanded by the world's largest tech firms. That distinction goes to the HGX box, which is essentially eight H100s assembled into a single unit of raw AI computing power. Nvidia's CEO Jensen Huang said of the product line, We call it H100 as if it's a chip that comes off of a fab, but H100s go out really as HGX to the HGX unit's require a supply chain of 35 ,000 parts to put together and are sold at the lofty price tag of $299 ,999 per unit. And even at that price, Nvidia are struggling to keep up. Huang said, We're not shipping close to demand. Now, in a lot of ways, there really has not been anything like this phenomenon in recent memory. Nvidia has built their firm around the transition away from GPUs as just being used for graphics processing and video games to focus on more generalized use cases for that style of chip architecture. That transition started many years ago. For example, in 2012, researchers used Nvidia chips to achieve previously unheard of image recognition. Since then, the firm began working alongside AI researchers to optimize their chips for the tasks demanded by high -end AI models. They took on an explicit AI focus starting around 2017. That process of iteration has led to Nvidia being the singular leader in AI chips with a wide gap between them and their nearest competitor. During a recent interview, Huang said, This type of computing doesn't allow for you to just build a chip and customers use it. You've got to build the whole data center. And indeed, the customers seem perfectly willing to spend the high -end dollars for premium performance. One high -profile startup, for example Inflection AI, recently raised $1 .3 billion in funding to finance the purchase of 22 ,000 H100 chips. Mustafa Suleiman, the CEO at Inflection and previous co -founder at Google DeepMind, said that none of Nvidia's competitors could offer a comparable solution. Huang broke down the math of his company's product offering like this. He said, If you can reduce the time of training to half on a $5 billion data center, the savings is more than the cost of all the chips. We are the lowest cost solution in the world. This year, Meta has committed to spending $30 billion on data centers, with much of that capital likely to be spent with Nvidia as just one example. Now, Huang was not at all bashful on this week's earnings call, stating that a new computing era has begun. Many others agreed with him. Dan Ives from Wedbush called it a 1995 internet moment and said it was the guidance heard around the world. Indeed, so far this year, the market has been responding as if a paradigm -shifting technology change is underway. Nvidia is by far the best performer in the S &P 500, and alongside Nvidia, six other big tech firms have been benefiting from the AI enthusiasm as well. This includes Meta, Amazon, Apple, Alphabet, which is Google, Microsoft, and Tesla. Together, this group, which has now become known as the Magnificent Seven, have outperformed the S &P 500 over the past year. Historically speaking, this narrow range of market breadth is typically only seen in the wake of a massive market downturn, and even then only briefly. The only really comparable era of the last decade when market breadth had maintained such a lopsided slate for so long was in the second half of 2020. During that period, both Etsy and Tesla were added to returns respectively. The rest of the top performers that year were rounded out by L Brands, PayPal, and of course, Nvidia. As another comparison point, so far this year, the median S &P 500 company is up only 2 .34 % compared to the 16 % returns for the overall index. What's more, 228 companies in the index have seen their share price decline year to date. Now, the high -flying Nasdaq 100 index is a little bit more evenly spread. The index saw the best first half returns in its 52 -year history this year, notching up a 30 % gain. 32 firms are outperforming the index this year so far, while the bottom quarter declined in price. Now, these periods of narrow returns don't typically precede a major market correction. However, this situation is somewhat unique. It's rare that multiple companies across a leading sector are so reliant on a single company to supply a critical component. But that's a situation we find ourselves in right now. Now, part of why this matters, of course, is that, as you just heard numbers around, AI has effectively been keeping markets afloat this year. One of the most dramatic moments of this was during the battle around the US debt ceiling. This is a time that the market should have been, by all accounts, incredibly nervous, significantly wobbly. I mean, hell, we had our debt downgraded when all was said and done. But it couldn't beat out Nvidia and AI enthusiasm. Now, that wasn't exactly the case yesterday. A lot of the reporting on Thursday was about how concerns over what Jerome Powell would say at Jackson Hole on Friday were tamping down any particular bump from that Nvidia earnings beat. You'll remember that the annual Jackson Hole Symposium is a big central bankers event that focuses on the long term of monetary policy. It's a chance for the Fed to signal where things are going more than just in the next couple months. At least that's what it's historically been. Last year, it was notable because at the last minute, Powell decided to rip up his speech and give a terse eight minute diatribe that basically said that markets were getting way out ahead of themselves, effectively ending a late summer rally. Powell said at the time in no uncertain terms that the inflation fight was not over and stated explicitly that, quote, there will be pain. Now, coming into this, Adam Posen, president of the Peterson Institute for International Economics, said there's no way Powell's speech can be that tight and clear this time because the economic outlook is genuinely more uncertain. Central bank decision making in some sense is easier when you have policy wrong and you have a long way to go to where you should be. It's more difficult when you have to sort through being close to the right policy, but not sure you're there and that's where the Fed is now. And so a year later, the inflation fight is still underway and it was anticipated that Powell would use his appearance to reinforce the Fed's commitment to finishing the job. Up until now, the policy choices have frankly been somewhat obvious. Continue raising interest rates until inflation cools or something breaks. And even when something breaks, try to fix it without changing interest rate policy and see if that works. However, with inflation now moderating to its lowest level in almost two years, there is a lot more potential for disagreement among FOMC members. Powell was expected to give his views on whether rates should continue to go higher into the end of the year, as well as to sketch out how the Fed would determine when the time would come for rate cuts. Forecasts from Fed members have generally called for rates to be held higher for longer, but with pressure on the banking sector, it's unclear whether policymakers would be on board with sticking to that strategy. Now, as well as the rumors of dissent among FOMC members, the economic establishment is beginning to question whether the inflation fight is even worth taking all the way to its conclusion. Responding to a Wall Street Journal article published on Monday, Paul Krugman tweeted, I agree with Jason Furman's call for a 3 % inflation target. The rationale for 2 % has been overtaken by a couple decades of experience. So if you think 3 % is the right target, shouldn't we be declaring victory? Or to put it a different way, if 2 % was a mistake, how many people should lose their jobs for a mistake? Now, Yuga Kohler, senior staff engineer at Coinbase, captured much of the sentiment in the crypto space when they wrote, the difference between a 2 % and a 3 % inflation rate over the course of 75 years is literally 100%. Raising the target is a sleight of hand to inflate away national debt. Stephen Geiger, an economics commentator and Paul Volcker fan, said, or, and stick with me here, we keep it at 2 % and the Fed and federal government can just do their job. So what did we actually get? Well, in this case, it was much what we expected. Bloomberg's headline reads, Powell signals Fed will raise rates if needed, keep them high. The Wall Street Journal writes, Powell, Fed will proceed carefully on any rate rises. And as per Bloomberg, the key takeaways were that 1. Powell acknowledged that the economic backdrop is better than it was a year ago, but he said that the Fed stands ready and willing to raise interest rates further if they need to. 2. He continued to focus that everything going forward will be data driven, but he did not put the possibility of cuts on the agenda, saying based on this assessment, we will proceed carefully as we decide whether to tighten further or instead to hold the policy rate constant and await further data. Third, Bloomberg says the comments are consistent with expectations that the Fed will leave interest rates unchanged at the next meeting with the possibility of another rate hike later in the year. Fourth, Powell acknowledged that interest rates are now high enough to be restrictive, meaning that they are weighing down on growth and inflation. And finally, Powell said 2 % is and will remain our inflation target, throwing some damp water on that part of the conversation. Nick Timiros from the Wall Street Journal, widely viewed as the Fed whisperer, called it a risk management speech. He quoted Powell as saying, given how far we have come at upcoming meetings, we are in a position to proceed carefully. The Kobayisi letter pointed out some data from bond traders around what their predictions are. They write, odds of a 25 basis point rate hike in September more than doubled, 21 .5 % after Powell's speech. Odds of an additional rate hike this year just hit a two -month high of 52 .1%. Rate cuts are now not expected to begin until June 2024. Doug Bonaparte hit it out of the park again with another great headline. Breaking! Stocks fall as Fed Chair Powell signals he's willing to destroy the economy. But in point of fact, stocks are actually leveling out and even going up slightly, based I think on expectations being met. So all in all, a much less dramatic speech than last year, and frankly just a real continuation of what we've gotten from Powell for the last two years. Blockworks Jack Farley wrote, Powell chooses to close his speech with Paul Volcker's phrase, we'll keep at it for the second year in a row. And that is pretty much the story. Now the last interesting thing that I wanted to point out for this week just by way of closing is that the three -day BRICS summit came to a close on Thursday in South Africa with news that six new members would join the loose economic bloc. Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates have committed to join in January. This adds to Brazil, Russia, India, China, and South Africa — there's BRICS — bringing the ranks of membership up to 11. President Xi Jinping called the expansion historic and said it would be a new starting point for BRICS cooperation. Still, while the addition of new nations to the Economic Cooperation Group does add strength, the announcement falls far short of the hype that we had seen coming into it. There had been rampant speculation this year that the group would unveil a common trade currency backed by gold, which frankly rumors of a BRICS currency have been persistent for over a decade but have so far never materialized. So all in all, the world continues to be interesting but doesn't look all that different than it did heading into the week. AI is up, inflation is down, interest rates are flat, but maybe up. And so, as so often has been the case for the last few months, the best thing to do is go touch grass. Until next time, be safe and take care of each other.
Bloomberg Radio New York
"united arab emirates" Discussed on Bloomberg Radio New York
"UAE as we are celebrating and pushing the bar even more and raising our ambition to hit an emission reduction of 40 % by 2030 compared to business as usual. As you mentioned, a 9 % improvement from just last year. First of all, this is an ambition that we have. It is an all sector approach but we have taken it a step further in that we have used or enhanced the methodology used for developing the NDC. You see, countries are categorized by developing and developed countries. We are a developing country but we have used the methodology that is followed by developed countries. Why? Because we want to enhance our credibility. We want to be more accountable. There is more transparency in this and it is also easier to track. This really is an NDC now. It is our third updated second NDC because NDCs are usually updated every five years but we have voluntarily done these updates and it is really in line with the Paris agreement and also in line with our net zero pathway that we announced or we showcased case to the world at COP 27. So when you look at the sectors in the United Arab Emirates, where do you see the biggest potential to curb emissions to help you reach the goals that you have not? So this third update is a whole of country approach and it covers all sectors. So you are looking at power and water, you are looking at the building sector, you are looking at the transportation sector, you are looking at the industrial sector and for us the biggest change we are seeing is the power and water sector but also the industry sector as well. And this also came in line, I mean we announced our NDC and last week was also the updated energy strategy as you mentioned. We are now investing the 54 billion. Why are we doing this? We are going to be tripling our renewables by 2030. We are going to be increasing our energy consumption efficiency. We are also going to be targeting a grid efficiency factor of 0 .27 kilograms CO2 per kilowatt hour and that is well below the global average. I caught up with Sahil Al -Masri last week in Vienna and he was on the funding of that. Can I put you the skeptical side of this position which is you've got a great deal of criticism being levied at Dr Sultan at the UAE, an oil man charge in of COP400. 400 environmentalists wrote a letter to the UN Secretary General and they said, look, having Dr Sultan, the head of an oil company threatens the legitimacy and the efficacy of the very purpose of COP. So that's the criticism. What I want to know is what is the UAE going to deliver this autumn that is going to be so practically to different the other COPs? Are you going to revolutionise the multilateral agencies? Are you going to deliver the funding real that has never really been delivered? What is the turnkey moment that So we've got four areas that we want to focus on. This COP28 is going to be a COP that is very different to others and that will be targeting the mitigation where we're trying to get the the global community to slash its emissions by 43 % by 2030 and this is why the UAE has stepped up. We have responded to the call of the COP28 presidency to push our ambition even further. We're going to be looking at the global goal of adaptation. We're going to be looking at the financing, the 100 billion dollars that we've been talking about for years now. We've talked a lot. Yes, this needs to be done so these are some of the game changers we hope to do because we really have to course correct. This is going to be a very all -inclusive COP. All sectors are going to be involved and as you mentioned people are looking at us and seeing that we're doing things a little bit differently and that's because we need to do things The house is on fire and we need to course correct aggressively and this is why we're stepping up our game because we also want to be leading by example and walking the talk. In terms of raising the bar, part of the reason there's been quite a bit of skepticism is because we haven't seen much from the oil and gas industry in the United Arab Emirates in terms of cutting emissions. I look at Adnoc, some of the other UAE oil and gas producers in terms of scope 3 emissions. Adnoc hasn't even released an emissions report. Is all of that going to change in the run -up to crop this year? Let me explain that the NDCs are a whole -of -country approach and that means all the sectors including the oil and gas sector are embedded in it because you cannot do an NDC where you don't include that sector, especially a country like ours. So it is absolutely important to understand that this sector is going to be transformed. And by the way, Sultan al -Jabbar was put in Adnoc to do three things, to transform Adnoc, to decarbonize Adnoc and to future -proof it. And so this pathway is happening as we speak and as the UAE is committed to the net -zero pathway. We're on this pathway. We're celebrating the milestone moment now but we're also pushing the bar even further because it doesn't stop here today. Look, I think, you know, we're not here to debate whether Dr Sultan has done a good job at Adnoc. I think what we want to know, I want to go back to the money, okay? I want to go back to the funding which is something that's very close to the debate and will be delivering the funding for emerging markets to deliver the mission. It simply, and Minister you correct me if I'm wrong, it simply has not happened in the size and scale that has been promised, promised, promised. What is this cop going to do? What pressure are you going to bring to bear and what number can you bring to the table? Reality, not a promise, dollars. So we hope the one hundred billion dollars will be put in place and will be able to be accessed. This is a number one goal and this is what the COP28 presidency is really striving to do. The UAE now, with the energy commitments that we have, has put down and has committed to the fifty four billion in the next seven years. This is our commitment in the transformation we're going through. And so these are two aspects where we say this is the money or these are the two aspects of finance that we want to focus on. All the other things when you're talking about reforming, etc. That something is that's going to be discussed and may take even longer. But these are two commitments that we're fully behind. Minister, this has been a real pleasure. Thank you for making the time. I know there's a lot going on this week. Minister Mehedi, Maryam UAE's climate change and environment minister joining us right around the set. Still much more to the bond market. It's a really interesting soup. Tom Kean, Jonathan Pero and Lisa Abramowitz. Isn't your base case the worst case scenario? No. Who says finance can't be fun? Who's in the zoo guys? Which one of us? I think it's pretty clear who's in the zoo. Bloomberg Surveillance. Must listen. Must watch. I think they made a great decision, separately I suppose. Weekday mornings at 7 Eastern on news First thing you decide to keep. Is there any serious contemplation of sanctions against China. Detailed financial and business reporting. Tell us more about your customers and how they're doing now. Expert analysis. You're basically just changing a five dollar bill into five ones. Definitely essential. Looking at high yield, where does that take you these days? Bloomberg Radio. The Bloomberg Business App and BloombergRadio .com. Bloomberg. The world is listening. The composer Joseph Haydn famously said, I listened more than I studied.
CoinDesk Podcast Network
The Petrodollar and Its Discontents Point to Bitcoin's Future Role
"Featured story is an opinion piece from David Z. Morris, CoinDesk's chief insights columnist. Our piece today is entitled, The Petrodollar and Its Discontents Point to Bitcoin's Role in the Financial Future. Over the past several years, and with accelerating frequency in the past six months, oil -producing nations like Russia and Saudi Arabia have signaled their intent to break with the so -called petrodollar system. The petrodollar system, which emerged starting in roughly 1973, is the nearly uniform use of U .S. dollars to denominate and often settle worldwide oil trades. Though it's sometimes mistaken for a formal rules -based system, the petrodollar is best understood as one aspect of the broader role of the dollar as a global reserve currency, and the resulting exorbitant privilege the U .S. enjoys. Specifically, historians regard the petrodollar as one of the most important consequences of the transition from the Bretton Woods framework for global finance, which centered on a managed gold standard, to the more decentralized and market -based neoliberal money system that supplanted it. Signals of a reduction in petrodollar trade have added to persistent anxieties about the dollar's reserve currency status, which is also currently under pressure thanks to inflation. An erosion of the dollar's reserve status could seriously undermine U .S. debt financing and other economic fundamentals. And that's why some recent news in oil markets has raised anxiety about the dollar. In March, it was reported that Saudi Arabia and China were accelerating talks to price and settle oil contracts in Yuan via a Shanghai petroleum exchange. China has also conducted talks with Brazil, a significant crude oil exporter, about ditching the dollar. Indian traders have also reportedly settled some Russian oil purchases in rubles in Durham, the currency of the United Arab Emirates. That all sounds very worrisome for the dollar, and for U .S. financial hegemony. But a deeper dive suggests much of this is empty posturing, not because the world loves the dollar or the U .S., but because no other national fiat currency is positioned to supplant their role in the system. At the same time, the petrodollar system has given oil exporters large and sometimes troubling influence over the United States via investment. Viewed on a long enough horizon, the deadlock highlights potential demand for a truly neutral global currency, not subject to politicized manipulation by a single
AP News Radio
UN urges Afghanistan's Taliban to reverse bans on women
"The UN Security Council has unanimously approved a resolution calling on Afghanistan's Taliban rulers to swiftly reverse their increasingly harsh restrictions on women and girls. The councils condemned the Taliban's ban on working for the UN, a decision the resolution calls unprecedented in the history of the UN, the document urges all other UN members to use their influence to promote an urgent reversal of these Taliban policies and practices the strong and wider restrictions include severely restricting education to banning women for most jobs, public spaces and gyms. The resolution was co sponsored by the United Arab Emirates and Japan. I'm Charles De Ledesma
AP News Radio
Tokyo company: 'High probability' spacecraft crashed on moon
"There's a high probability that a spacecraft has crashed on the moon. I'm Lisa dwyer. A Japanese company spacecraft apparently crashed while attempting to land on the moon, flight controllers lost contact with the lander after a descended from lunar orbit while aiming for the surface more than 6 hours later, the company said there was a high probability that the lander had slammed into the moon. If all had gone well, the company would have been the first private business to pull off a lunar landing. Only three governments have successfully landed on the moon, Russia, the United States and China. The 7 foot Japanese land were carried in many lunar rover for the United Arab Emirates and a toy like robot from Japan designed to roll around in the moon dust. I'm Lisa dwyer
AP News Radio
Leaked US intel: Russia operatives claimed new ties with UAE
"A leaked document suggests U.S. spies caught Russian intelligence officers, boasting they convinced the oil rich United Arab Emirates to work against U.S. and UK intelligence agencies. The purported document was posted online as part of a major U.S. intelligence breach officials have declined to comment on the document which at the top secret markings, and was viewed by The Associated Press. Of the emirati government has dismissed the allegations that the UAE had deepened ties with Russia as categorically false, but the allegation comes at a time of growing U.S. concerns about companies in the UAE, helping Russia thought international sanctions imposed over Russia's invasion of Ukraine. I'm Charles De Ledesma
The Hugh Hewitt Show: Highly Concentrated
China Takes Center Stage
"Latest in the war. French and Chinese leaders meet amid tensions, okay? So Macron has gone to Beijing. You know this is playing the center stage role here. General secretary Xi Jinping, because nobody wants to meet with Biden because the president is in firm. Saudi Iranian foreign ministers agreed to resume flights after Beijing meeting. Oh, great. What meaning is that? The one that's not being reported on because of this idiocy in Manhattan. Iran and Saudi foreign ministers meet in China. They've had a restore security and stability. I'm just a UAE, our strongest ally along with Israel in the Middle East. The United Arab Emirates, meeting with Iran. This is what happens with an infant president. It's your allies say how we can't count on this guy. We can't come on this team. Tony blinken and Jake Sullivan, nah, and they begin to make deals with the enemy. And Beijing emerges.
The Dinesh D'Souza Podcast
How the Saudis Are Teaching Joe Biden a Lesson
"Want to talk about something else that just came about. And that is a major decision on the part of Saudi Arabia and OPEC, the oil producing cartel countries to cut back on oil production. Now why would they cut back when a cartel cuts back on production, they're trying to drive up the price. That's their point. In fact, sometimes when prices go low, the cartels will produce less and they are producing less by the laws of supply and demand, same demand, less supply, price goes up. So Saudi Arabia is cutting its production by 5 hundred thousand barrels per day. Pretty big number. And Russia has already reduced production by 500,000 barrels per day, and Russia has decided to extend that reduction. And then the other oil countries are also kind of kicking in. So for example, the United Arab Emirates is going down a 150,000 barrels a day Kuwait a 128,000 Gaza and Algeria Oman are also cutting back. And this should be understood. Now, if you listen to the vocabulary coming out of Saudi Arabia, it's very neutral. And now we are, we are moderating the supply and response to global demand. So it looks like this is a technocratic decision, but it is foolish to understand it that way. And the same is true with the Russian cutback Russia is using oil as a weapon. Now the west has sanctions against Russia, the west and the European countries are not buying the Russian oil, so Russia is selling the oil elsewhere. And it's selling the oil now as it turns out, not in U.S. dollars, but it's selling in Chinese and the Chinese currency, the yard, the yuan. And so Saudi Arabia, which by and large used to be very friendly to the United States, the United States could call up the Saudi prince and say, hey, we are having some trouble here. Could you increase all supply? And I remember going back to the Reagan and the bush years that the Saudis were quite obliging and being willing to do that, at least within reason. And now Biden has made an enemy of these people.
AP News Radio
New crew from US, Russia and UAE arrives at space station
"A new crew has arrived at the International Space Station. NASA TV recorded the docking which occurred at one 40 a.m. Eastern Time. Dragon SpaceX on the big loop capture confirmed. Business dragon top of the psyche. The SpaceX capsule and its four astronauts had to wait some 65 feet from the orbiting lab, as flight controllers in California scrambled to come up with a software fix for a malfunctioning capsule docking hook, the new crew is from the United States Russia and United Arab Emirates, sultan Al nati is only the second person from the UAE to rocket into orbit. I'm Donna water
AP News Radio
Last-minute problem keeps SpaceX rocket, astronauts grounded
"Last minute trouble forced the delay of a SpaceX mission to send four astronauts to the International Space Station. The countdown at cape canaveral early this morning was halted with just two minutes remaining from liftoff. Countdown one, hold, hold, hold. We are standing down to do a T tab ground issue. The fuel was loaded and four astronauts, including one from Russia and one from the United Arab Emirates, were strapped into a SpaceX capsule atop the falcon rocket on a mission for NASA to replace four astronauts at the International Space Station who have been there since October. That's in work. Audio courtesy, SpaceX, officials said the problem involved a critical engine ignition system and they couldn't be sure there was a full load. They delayed the launch until at least Thursday. I'm Jennifer King
The Eric Metaxas Show
Chad Robichaux of MightyOaksFoundation.Org on 'Saving Aziz'
"Let's just go back. You made a decision that if the government is going to leave people to suffer and die, you are going to put together your own team of people to see what you can do. So you put together your team of special forces guys and what happens? I mean, are you in contact with Aziz during this period? Yeah, absolutely. I'm talking as easy as we're trying to make sure he's moving to safety. They stay safe. While we're working to get move forward. But when I talked earlier before the break about a miracle happening, there were several advance that happened that if any one of them did not happen or a door was closed, this whole thing wouldn't have taken place. And each one of those would have been an impossibility. The first of which was several calling the joint chiefs and asking for permission for us as severe an NGO to go onto the H Chi airport, a DoD controlled airport, land aircraft, go outside the wire, evacuate civilians, put them back, put them back in that airport. That's an impossibility. For anyone around the military. Yeah, you can understand that they're going to say, sorry, no. You can't do that. You're telling me they said yes. For some reason, they said yes. Which is a miracle. And then secondly, now we have to figure out how to move them. I mean, you can't just put them on a plane and fly to the United States. I'm not the State Department. And you can't bring someone without a Visa to another country. That's human trafficking. And you can only do that and Laura, Texas. But here in the real world, you have to follow the rules. And so we said, where can we bring these people to? And we called the UAE because we had some connections with the royal family there. Talk to them for about an hour. They rolled out the red carpet, said you could use our military center. We're going to put provide doctors and medical care. So when you had connections with the United Arab Emirates and it was because of them that you figured out how we can pull this off. Where we could bring them to, that's right, yeah.
AP News Radio
Can climate change lose Russia the war in Ukraine? - Yahoo News
"The Biden administration's again expanded sanctions against Russia's Wagner group, and its affiliates for their role in the war in Ukraine and activities in Africa. Treasury secretary Janet Yellen announced the sanctions, saying the moves against Russia. Will further impede Vladimir Putin's ability to arm and equip his war machine. She calls the Wagner group brutal. It's a private Russian military group owned by a close associate of Putin. The sanctions target dozens of Wagner group affiliates, including some in the Central African Republic and the United Arab Emirates as well as the president of Russia's Kalashnikov concern. The original maker of the AK-47 assault rifle. They also hit a Chinese space
Bloomberg Radio New York
"united arab emirates" Discussed on Bloomberg Radio New York
"In May That is the highest number since June of 2019 It comes after business conditions and the wider United Arab Emirates improved to the strongest this year Let's bring it to the chief economist and head of research at Emirates and mid Hadid another set of numbers that may raise the question whether authorities need to do more to mitigate some of the higher cost inputs Yeah I mean just in terms of the latest PMI data that we've seen as you said it's the strongest reading in a couple of years But that really seems to be due to tourism We are starting to see some weakness in the retail trade and in the construction sectors in Dubai in particular and businesses are citing high input costs as reasons for a little bit perhaps less optimism for the next 12 months or so We've seen input costs rising in Dubai at the fastest rate in four years in the PMI survey And fuel costs have come in as one of the big reasons why businesses are now more concerned about their cost pressures And I think the other challenge facing businesses in the UAE relative to let's say in other countries where firms are able to pass on some of those higher input costs to consumers is that we're still seeing a lot of competitive pressure and firms are saying that they're not actually able to fully pass on those high input costs So it is impacting their margins I mean any research you kind of talk about the restructuring of some of the basic components of the divine inflation approach Run me through what the top takeaway is for investors and how kind of that sets us up for the remainder of the year So there was a bit of adjustment in terms of the weighting of the components in the CPI that was released by the statistics agency a week or so ago But I think overall the big components are still housing food and transport And I think the difference for Dubai and the UAE versus the rest of the GCC is that the rest of the GCC has capped petrol prices at last summer's levels whereas the UAE is fully passing on the increasing global oil prices to both consumers and businesses that is having an impact as we've already started to see in terms of business costs operating costs and margins but also it's probably going to start to have an impact on consumer spending So I think going forward that is an area that we'll need to keep an eye on We have seen a rebound from the pandemic over the last 12 18 months or so on very strong consumer spending So as that starts to moderate we're going to have to look and see where the new drivers of growth or the compensating drivers of growth are going to be Yesterday is driving around town and I noticed that there are a lot more cars with Saudi Arabia and license plates And that usually tends to happen when energy prices are really good And we saw that reflected as well in the latest GDP numbers as well 9.9% that's higher than the previous estimate what the Saudi Arabia needs to do to kind of make sure that the cost pressures don't get out of control because historically that's always been a bit of an issue Oil prices are amazing A lot of excitement enthusiasm a lot of capital expenditure but then too much heat in the local economy Yes that's right I think Saudis managed to curb inflationary pressures so far at least for consumers So we're only seeing inflation and Saudi running at around 2.3% in April And that's quite a lot lower than the 4.6% that we've seen in July for example So I think there is also significant capacity in Saudi Arabia So we haven't seen a big increase for example in private sector jobs in the kingdom coming out of the pandemic So I think there is scope for continued growth certainly the Q one number was very strong But again a lot of that was on increased oil and gas production when we look at the non oil part of the GDP that was around 4.2% year on year which is actually the slowest annual growth rate for the non oil sectors in Saudi over the last three quarters So we are expecting overall a slowdown and on all sector growth in the kingdom this year I think 4% is a reasonable expectation for the full year as well I mean I've got to say Brent at a $124 a barrel It is something that needs adjustment I'm not used to it and it looks like there could be more in the offing We had the UAE energy minister saying basically that we're nowhere near the peak yet in terms of the oil prices the OPEC secretary general chipping in and saying that everybody's maxed out in terms of production what do we need to prepare for in the second half of the year on that front Look I think the risks to the oil price from this point are certainly skewed to the upside However we've seen a number of downward revisions to global growth estimates from the big economic research houses the World Bank the OECD most recently the IMF as well And I think yes the supply is constrained China will be reopening and there will be incremental demand from there But I think the broader global economy is going to slow quite sharply in the second half of the year particularly with all of the central banks speeding up the pace of their tightening And so that could help to take some of the heat out of the demand side for oil And perhaps prevent a spike much above where we are now We are expecting oil prices to remain elevated through the end of the third quarter between a hundred and a $125 a barrel and then we're expecting a little bit of moderation in Q four as that slower growth starts to impact demand I've got one more question on food imports in the gulf We know the vulnerability of the non oil exports from the Jordan and Egypt and Lebanon So put those aside for the moment But within the gulf where is the vulnerability there So a lot of the gulf countries are also importing or were importing most of their wheat from Russia and Ukraine I think the exception is probably Saudi Arabia where a lot of their wheat imports actually come from the EU But at the end of the day when the global wheat price goes up it doesn't really matter to a large extent where you're getting your weed from you are going to be paying more for it And so we will be seeing those higher food prices feed through to consumers in the GCC as well as in the meaner countries and may just take a little bit longer Yeah all right We'll leave it there Thank you very much for teaching us always fantastic analysis Chief economist and head of research at Emirates and mini So much more ground to cover here.
Bloomberg Radio New York
"united arab emirates" Discussed on Bloomberg Radio New York
"Let's get you the big picture overview of Middle East markets and how they fare It was quite a mixed picture with a little bit of downside on the Dubai index about 8 cents of 1% some of the retail names They're dragging down the benchmark Similar story in Abu Dhabi the Saudi dowel able to continue to crack on in terms of retaining its status as one of the top four best performing equity markets in the world We had of course an ongoing slate of earnings And I want to get to that actually because we had the ADC B the first quarter net income beat estimates It's Abu Dhabi commercial bank one of the key lenders in the United Arab Emirates This is the performance over the last 5 days a bit that range bounce We see how investors grapple with the numbers that just been announced And then Saudi kayan in neighboring Saudi Arabia and important player in the materials of petrochem space Their first quarter profit missed estimates are citing an increase in the average cost of production also a drop in product selling prices This is the performance of Saudi kayan versus deep benchmark to Dow index so far this year You can see how much of the gains have been retrenched and let's flip the board again and get to one of the important retail names in Saudi Arabia and that is a rear marketing that's been now cut to neutral at JPMorgan You can see holds 8 there price target of 209 Saudi reels a share Let's get to the big name in the earnings season This day and that is of course HSBC Looking here at two additional lines in terms of exposure So HSBC says that the Russia exposure includes $0.9 billion of local currency deposits They're also saying that they booked Russia exposure of $1.3 billion.
Bloomberg Radio New York
"united arab emirates" Discussed on Bloomberg Radio New York
"The minister for entrepreneurship and SMEs for the United Arab Emirates Thanks for coming on the program Give our global audience a bit of an update on what your reform reform priorities are going into 2020 Where do you want to work on the most So thank you for having me If you talk about tourism specifically a wonderful business to double the domestic tools and level You have traditionally been targeted for international tourists who have 7 to 1% international tourists with 29% The global average is exactly opposite And that is why we've launched the campaign to put a sponsor to try to focus on the NASDAQ tourism and to offset some of the lost incoming tourism from different source markets as well as diversification We have been opening a whole new market into the UAE You are dealing with rising number of COVID infections the highest level now since about September This is a global phenomenon And the world is dealing with it in very different ways How concerned are you that that could be a stumbling block to some of your ambitious goals that you just laid out on the tourism side I mean look if you look at the previous variance experience the UEE has proven it was a safe hip in that I should say for two days because the number one priority for a tourist travel abroad during these days is the safety level and the healthcare system and that country And today as we speak the UE has a 100% of the target population receiving one dose and 91% fully vaccinated So that gives tremendous comfort to tourists to visit the UE and we've seen how that impacted the UE We even had a spit over effect on the real estate sector Well a lot of those who came to visit the UE wanted to be an open space where this goes as usual Things are under control Yes I mean we meetings to look at the COVID labor sections of the country and everyone's back into lockdown And that tremendously the economy and makes us converted to either real estate purchase and we've seen an 8 year high in December in terms of transactions of 7000 transactions and a 40 year high in terms of volume and may So it really has proven anything Positions that you eat as a go to destination during such waves and Microsoft view Minister I want to get to some of the other components in your portfolio and specifically around entrepreneurship and SMEs The conversations I've had with many in this portion of the economy there are very satisfied with a lot of the landmark changes that have been completed over the last couple of years One of the fronts where there is still an ongoing struggle is access to banks not so much access to finance but it's specifically opening a bank account It takes a long time And in many in many cases banks just aren't keen to do that to begin with Is there something for the new year that could help resolve that point of tension I think the issue with the banks is that there are a lot of effort goes into the KYC part And as you know the UE is international hub And for these banks operating assets invested globally they have to make sure that every single customer comes into their system as fully KYC And that takes tremendous effort from the banks What we have done as government and most of the vice chairman of MS development bank we've launched a service where you could open up a bank account and as less as 48 hours The caveat in that is it's only a local currency I can only be domestically but we believe that's a good starting point for entrepreneurs So today effectively you could actually start with that back attack with this as fast as 48 hours We do it with a FinTech partner Yeah And it has been proven to be extremely successful We'll have them some testimony with log set about a month and a half ago And which will be that will result positive issue We still need to work with the banks on the kiwis and also bear in mind the anti money laundering regulations is very strict and the UE is embodied by that And this period of the past 69 months there's a lot of focus on stronger KYC stronger villages on customers And that can also help get more inflow of investments into the country knowing that the system in place is very powerful with a very fair curiosity Minister let's assume that chili or scenario unfolds where COVID cases continue to rise And let's say there are some level of new restrictions would you be willing to extend or reintroduce some portions of the support programs that have been made available to SMEs and entrepreneurs to get them through this period of uncertainty Silicon this one I've been appointed back in July 2020 In the midst of the pandemic And I had regular meetings with entrepreneurs across the different sectors The discussions I had back in 2020 let's say Q three were points around can we get some more funding and we'll get some more stimulus packages But then when I met them again in Q one of 2020 the conversations changed dramatically And of course we're extremely happy that they were able to operate And they told us specifically that they'd rather have their businesses open and continue to operate rather than be locked down being paid in a paycheck protection plans So I think the beauty of the biggest support can get is actually the ability to be able to operate and business in the midst of uncertainty in these upcoming waves of the pandemic Having said that the Central Bank already announced a few days back an extension of the stimulus package to the first half of 2022 So we want to give the confidence for entrepreneurs and investors they like that the soonest package is there required However our focus is to continue doing business If I look at 2000 for example with Q three what up to 64% occupancy We used to be 70% so getting very close to.
AP News Radio
3 Former US Officials Charged in UAE Hacking Scheme
"Three former US military and intelligence officials have admitted to helping the United Arab Emirates based company hack into computers in the US and around the world the defendants are accused of providing sophisticated computer hacking technology to the company that conducted hacking operations on behalf of the UAE governments the three men agreed to pay nearly one point seven million dollars to resolve criminal charges and agreement that the justice department described as the first of its kind the case is an example of what appears to be a growing trend in X. U. S. intelligence officials being hard approach to bolster the spike off to foreign governments a practice officials have said risk facing US secrets I'm Karen Shamus
the NewsWorthy
3 Former U.S. Intelligence Operatives Admit Hacking for United Arab Emirates
"Three former. Us intelligence and military officials were behind an international hacking scheme newly released court documents show. They admitted the united arab emirates hired them to hack into computer networks around the world including right here in the us. They also sent advanced hacking technology from the us to help the uae spy on its enemies a team there ended up breaking into the computers and smartphones of thousands of targets including rival governments journalists and human rights activists. The justice department says the men committed computer fraud and violated export laws. But they made a deal to avoid a criminal trial instead. They'll have to pay almost one point seven million dollars in fines between the three of them and they'll have to cooperate with federal investigation. The men will also never again be able to get a us. Government security clearance. The justice department called it a first of its kind resolution so far. The emirati government has not commented
The Charlie Kirk Show
Does Joe Biden Even Want To Be President?
"We don't know if you'll buy never wanted to be president or if that he was put into that position as the kind of cheap backup plan but we do know though or we can suspect as we should ask the question destroyed by president. Now right now does. Joe biden wants be president if joe biden was given a chance with one hundred sixty nine million dollars to flee america to go to the united arab emirates. I bet he'd take it. You think joe biden wants to take questions on afghanistan. no he doesn't he flees. Joe biden also has been making strange statements about how can might be taking over at anytime soon. Joe biden seems uninterested. In the fact that americans are stranded in kabul. It really does the question. Does he want to be president and usually when you prop up leaders. They don't always want to be president. They want the trappings of the president presidency. But they don't actually want to have to go through the pressure
America First
Italian Alleged Mobster Linked to Stolen Van Goghs Is Held in Dubai
"Most wanted men has been arrested in Dubai. Italian police say the alleged cocaine traffickers suspected of having bought two stolen van Gogh paintings on the black market was arrested on August 4th. Rafael in pity. Allah is being held in the United Arab Emirates, while Italy's Justice Ministry completes extradition procedures. The 46 year old is an alleged kingpin and the Naples based camera organized crime syndicate. Wanted in Italy for alleged international drug trafficking and money laundering. In 2016 to then go paintings that had been stolen in 2000 and two from an Amsterdam museum were found stashed in a farmhouse on property in Italy, owned by MPD Ali.
(EA) Eternal Affairs TRUTH Radio
"united arab emirates" Discussed on (EA) Eternal Affairs TRUTH Radio
"Look like a suicide or other getting a stern warning about something that happened. That could happen to them or their families. They talk about it and they elect to commute to commit suicide because of the trouble that they're in because they happen to respond that day. Four of them. Now graphing oxy Oxide graphing oxide is in this of vaccine. It makes a lot of it. That's what caused the magnet magnetic response. I believe that you can put a magnet underarm after getting that vaccine. And it'll stick to your arm now there's reports coming out saying that they're going to use this in large contracts with cities to help clean and fill and clean water supplies water treatment for for cities in so i believe that the story that came out is is is quite possibly misinformation or disinformation. I think a large scale like that The graphing oxide actually would work and as potentially common for situations like this. It's not common in vaccines. So many were saying. Watch the water something that q. And seventeen q. Has talked about many many times. Watch the water in so some. Were speculating that. Maybe that's what this means watched the water. That is going to be polluted by this graphing. Oxide i don't believe that's to be the case. I don't think that has nothing to do with watching the water q. Did say watch the water. But that article is now out there. Floating around that. There's large contracts to help do cleaning. Water treatment plants using graph. Graphene oxide take that as you will certainly may or may not be the case. I'm just giving a here mentioning as food for thought in grounds for further discussion vessels in the water near the u a e this past week. This is united arab emirates. Five of those vessels have lost control of their steering now. It started off with one thought. That was strange. It made the news than another one in by the end of the day. They said that there was up to five vessels in that area. That lost navigation steering in. Gps they are being interfered with their navigation. Controls in those ships.
News Radio 920 AM
"united arab emirates" Discussed on News Radio 920 AM
"I think for war crimes No, no. And Luke peers to still be alive. No. Oh, come on. He's 80 years old. Yeah, he's 80. I thought Baghdad. Bob was one of the ones who was like he was in that famous deck of cards. Remember the cards that were given out with all the The Um Folks that they wanted to pick up from? No since 2000 and eight been living in the United Arab Emirates. Well, yeah, no, still life. I thought Baghdad Bob got actually hit it well, anyway. So maybe he's consulting with Jen Psaki. Maybe he's you know, he's helping her Baghdad. Bob was the guy standing in front of the cameras. There would be American tanks rolling past him in the background. It would be saying no. They are crushing the Americans crashing them. Not necessarily Baghdad, Bob. Well, anyway, Jen Psaki. Remember this Democrat narrative started and actually, you know, there's some who believe it. That the the Republicans are responsible for the increase in crime. And the Republicans are responsible for de funding the police Yeah, I know it's the stretch. Here is what the Democrats are saying. The Republicans haven't Past. A an infrastructure bill. And of course, anything can be considered infrastructure right now, anything Anything and everything is infrastructure. Um, I need a new toenail clipper infrastructure. Um Hmm. You know what I would really like a DVD of the quiet man, the great John Wayne movie. I don't want to watch it streaming. I want my own DVD infrastructure. No, seriously. They're calling everything infrastructure. So they're saying the Republicans reluctance to go along with a big, pork filled infrastructure Bill Democrats want is actually defunding the police. Because money that could go to policing in inner city neighborhoods is going elsewhere. And so, but they're also making the narrative. That Democrats aren't defunding the police. It's Republicans now. Peter Doocy from Fox actually asked Jen Psaki, otherwise known as Baghdad, Bob What? Um, to give examples. Take a listen to his interaction with her. During. I believe it was yesterday's briefing. Hold on a second. Let me just get that.
The Last American Vagabond
"united arab emirates" Discussed on The Last American Vagabond
"Involved in yemen. Whether it's by proxy war is on the ground in general. Well actually. That wasn't interesting proud of the discussion on the previous discussions. Tides earned with yemeni officials in mascow Also stated very clearly that israel had been involved in the war from the beginning The clarification of why israel would be invoked of is of course at van nemesis iran yemen. The last thing they want is for yemen in in this is their perception to become a satellite state of iran And what osa came out of the more. Recent meeting of course is that the yemenis themselves of developing missile technology Which israel is claiming is threatening for example tel aviv. As far as they're concerned. Laura developing Missile capability to target tel aviv. So again we have you know the the familia israeli argument preemptive aggression in self defense and so whereas before israel was probably a little bit clandestine in support of the saudi coalition although it was a well known fact that it was working together with the saudis and of course with the british and the us in they Control scientists in riyadh. I mean it's well alight that the us and the uk actually designating targets in yemen to be hit by the saudi moments. This was a well nine flapped. One was also involved in That designation of targets of course we the majority of the target says civilians or in civilian infrastructure targets battle. They are committing a crime every time they own yemen effectively. There are not hating most of the time. They're not hitting military targets The us has had troops actually inside yemen. That might come as a bit of a short to some people. Since i think around two thousand seventeen to nineteen the. Us is also moved on patriots. Air defense onto the island of sequoia off the coast of yemen which is under the control of the white why in the uae. And actually as part of the discussion with yemeni buster He told me there are now is ready troops on sikora so this is very much about in the israeli politics. This is about limiting. They arrange potential to target israel And israel is collaborating very closely with the united arab emirates if you remember we talked about the integration of israel into central and within Some think tanks in israel. They're talking about an alliance with pragmatic sunni islamic. State's of course that includes United arab emirates. Which is the conflict capital a show-me no aeneas another fantastic journalists described them on twitter quite recently The conflict capital for the us and the uk they house many of what i call the british mercenary full military private security advises akin to black culture Jamesy zero the founder of white helmets works for good harbor. It's national which was set up by richard seeks in the in i and and the majority of private security firms all based in the ua and we and we've actually. I think you and i discussed the torture prisons in the cia involvement. As well as you know there's just so it's so sickening to watch the avert war crimes..
WORT 89.9 FM
"united arab emirates" Discussed on WORT 89.9 FM
"Hello, I'm Debbie rests with the BBC news. The second impeachment trial of Donald Trump is getting underway in the U. S. Senate is the first time an American president has been tried after leaving office. Mr Trump is not expected to attend. He faces a single charge of inciting insurrection in a speech to supporters ahead of the deadly riot of the U. S Capitol just over a month ago. From Washington, his Laurette rebellion today We're hearing constitutional arguments with Republicans trying to argue for Donald Trump. But this is unconstitutional. Why couldn't you have an impeachment trial of a former president? If he's left office? This is their argument that the whole thing is suspect. Well, you hear Democrats arguing, though, is that Donald Trump must be held accountable for his actions that it doesn't matter that he's out of office. He can still be found guilty by the U. S Senate, and if he were, he could then be barred from ever holding public office again. The World Health Organization says the corona virus is extremely unlikely to have spread to humans from a Chinese laboratory for some time. There have been unsubstantiated allegations that the pandemic was caused by an accident at a Chinese research institute. Conclusion was announced by a WH O team on a fact finding mission to the Chinese city off. Will Han Peter Ben Emmerich is part of the team. The findings suggest that the laboratory incidents hypothesis. Is extremely unlikely. To explain the introduction of the virus into the human population. And therefore is not And I have put disease that implies to suggest future studies to support our future work into the understanding off the origin of the virus. The United Arab Emirates Space Mission to Mars has succeeded in putting a probe into orbit around the planet, Jonathan Amos reports. The official announcement. When it came was calm on the applause restrained Perhaps it was the relief. Speaking after a nerve shredding day of waiting, the US Hope spacecraft had to execute a precise half our burn on its engines to reduce its speed and allowed to be captured by Mars Gravity. It's now set to return unique data on how the weather and climate systems work on the planet. But beyond the science, this is a triumph for a small Gulf nation the dead to think seven years ago that it could inspire the next generation by launching an interplanetary space mission. Jonathan Amos reporting the Nigerian authorities say they have shut down our facility in the capital Abuja, which was issuing fake covert 19 certificates to travelers. Head of Nigeria's Center for Disease Control, said the lab was collecting money from people planning to fly out of the country but was not testing samples they collected. World News from the BBC. Yeah. Former Italian Prime Minister Silvio Belus. Kony has emerged from months of Corona virus related seclusion to pledge his support from marry a druggies attempts to build. Excuse me. Coalition after talks with Mr Draghi. Mr Bernasconi said his forces it's Hal. Your party would play a constructive parts in a comprehensive government of national unity. Water Italia has 91 of the 630 seats in the lower house. Mm. The investigation into the helicopter crash that killed the retired basketball star Kobe Bryant. Has said the pilot was not authorized to flying cloud. And is unlikely to have become and is likely to become disorientated. Nine people died, including the pilot when the chopper crashed in thick cloud. The president of Mexico on dress, Manuel Lopez Obrador says he'll try and convince businessmen to form a group to buy the presidential plane. In his latest attempt to shift the unwanted Boeing 787. Mr Lopez Obrador admitted it was proving difficult to sell his predecessors aircraft. French office workers are bracing for a coronavirus inspired law that will strip away a gastronomic to boot against having lunch at the desk. The government says it's about to bring in a decree ending the ban from Paris, Lucy Williamson reports. Like many cultural ideals, the leisurely an elaborate French lunch break is often defended more in theory than in practice. Even before Cove it the daily queues outside sandwich shops with justice daunting as the waiters straightening tables on cafe terraces. In fact, several polls suggest that a majority of French workers have been eating their lunch in the office for years, but long under siege. The concept of the pores destiny is now under attack from covert as well. With restaurants and cafes closed. Many people have little option but to eat their lunch at their desks. BBC news Query.
600 WREC
"united arab emirates" Discussed on 600 WREC
"Well, of course. You know he was 27. Masterpiece Theater. Debuted January 10th 1971. The United Arab Emirates debuted or was formed established. In 1971. The British had been protecting the shores of the Arabian Gulf and the Gulf of Oman. In exchange for economic cooperation from the Emirates. British withdrew and 68 And the ruler of Abu Dhabi seized on the opportunity to unite the Emirates and the United Arab Emirates was formalized December 71, which was comprised of the territories of Abu Dhabi, Dubai. Sharjah. Genre for Gerald Hodgman. You go. And whom all cool Wayne? I never heard of it. LaMarca! Wait! What? That the first chat room. We'll start it 50 years ago. If you ever typed a slash s slash l question, Mark. What does that stand for? No. A letter A Oh, age sex. What? What's a well? I don't know. Age sex, love. I don't. I don't know. I didn't know that You owe a lot to Murray to Roth, who developed the emergency management information systems. And reference Index..
90.3 KAZU
"united arab emirates" Discussed on 90.3 KAZU
"I'm still thinking there are many others like me who don't want to report their illness so they can keep working. There are tuning in my shop vegetable sitter on the supermarket worker on this same street. Gaza initially had few infections because the Islamist ruled territory is blockaded by Israel and Egypt, and there's little travel. But the virus eventually spread in the crowded strip of land, with many hiding their symptoms. Like Ho Sam confirmed cases are lower. But Gaza Health officials estimate nearly 9% of about two million Gazans have had the virus. Partial lockdowns have helped reduce infections. But now Gaza's Hamas government has reopened mosques and schools that worries pharmacist Zone fi car somewhere, Joe You know, but now they decide toe open some of the school condom mosques. Because of that there is a high risk increased the patients off Corona. We are afraid that the case it will be more bodyguards are because this is step next door. Israel leads the world and vaccinations per capita, but the Palestinian territories still wait for vaccine shipments. Human rights groups say Israel is obligated to help provide them. Israel disagrees. But it has given a few 1000 doses to Palestinian health workers in the West Bank. Palestinian officials say some 50,000 doses will be coming from abroad soon. They'll still be far behind. Doctor at Ifill Hoot runs Gaza's covert wards. It shouldn't be turning in 10 years. This should be humanitarian issue, but politics play a role. The priority off the company's is to say the vaccine to wealthy countries. More than put one's Gaza's health system is hanging by a thread after more than a decade of blockades, wars between Gaza's Islamist fighters and Israel's army and sanctions by the rival Palestinian leadership. Gaza's covert wards even struggled to supply enough oxygen for ventilators until the United Arab Emirates paid for a fresh oxygen supply in January. I asked Dr Earl Holt if his medical team had suffered any losses from the virus. Oh, the most difficult question off marriage should be on those willows. He said Four doctors died of covert and Gaza this past year, including 51 year old must die Yet he was one of Gaza's last heart surgeons. Now Gaza has only three cardiac surgeons left. For a population of more than two million..
NewsRadio WIOD
"united arab emirates" Discussed on NewsRadio WIOD
"They all the White House is offering FEMA to help states distribute the Corona virus vaccine, Governor Ron to Santa says Thanks, But no thanks. What the state of Florida needs and I think most governors agree with me is just simply additional doses of the vaccine. The infrastructure to do these shots is there. Governor says Florida is receiving more doses this week more than 300,000. Compared with 266,000 last week. South Florida Democrats are calling for sanctions against Georgia Republican Marjorie Taylor Greene. Greene is under the microscope for harassing Parkland, shooting survivors and calling the deadly massacre hoax. Fred Guttenberg, who lost his daughter Jamie, and the shooting says it's completely inexcusable and downright dangerous for to continue on businesses. Usual entire Republican establishment refuses to stand up to her. And so they now owned the lot. Congresswoman Debbie Wasserman Schultz is calling for Green to be stripped of her education and labor and Budget Committee titles. Green believes 9 11 was an inside job in the 2018, California wildfires were caused by Jewish space lasers. She says she won't back down or apologize. Wendi Grossman News radio's 16 W Y o D Cold Front were said to enjoy over the next couple of days is making for nasty weather up north and affecting South Florida flights, dozens being delayed or canceled. Airport's closing down up north at times. Be sure to call your carrier before heading to the airport. If you do have travel plans today, Jared Kushner is being nominated for a Nobel Peace Prize. Reuters reports. Attorney Alan Dershowitz nominated former President Donald Trump's son and Law for his word using diplomatic relations between Israel and a number of Arab nations, the Harvard Law School professor emeritus wrote in his nomination letter. The prize is not a popularity contest, Kushner played a key role in the normalization of relations between Israel and the United Arab Emirates. Dershowitz was one of the attorneys who helped defend Trump during his first impeachment trial. On Wall Street. Things look pretty good now Jones Industrial Average up more than 1% 335 points at 30,003 17 as the AG is up 2.6%. 246 points on the day S and P 500. Also in positive territory of 1.9% or 67 points. We'll have more news coming up at 3 30. It's 304 Sean Hannity.
KQED Radio
"united arab emirates" Discussed on KQED Radio
"Newly established diplomatic ties between Israel and the United Arab Emirates are having an effect. The U. A. E is welcoming thousands of Israelis President Trump's administration. Promoted these diplomatic ties as a historic breakthrough, which was true Israel had been isolated from many Arab nations for decades. Israel's leaders says the agreement proves that peace does not have to come at a cost. NPR's Daniel Estrin traveled to Dubai and the U. S a toe ask just what kind of peace is being promoted? It's not hard to spot Israeli tourists and devise busy gold market way. Silas are very noisy, and they understand us here. I feel no tour guide. Lisi is wearing a sequined shirt and a blue scarf around her strawberry red hair she poses for pictures with elaborate gold wedding garments in the window displays. Later, she'll ski at Dubai's famous indoor ski slope in Jordan. I don't know if I will feel like this Not in Egypt Way make fine here and next month I come again. Egypt and Jordan share a cold peace with Israel and most other Arab countries refuse relations with Israel, as long as Palestinians don't have independence, but the U A E. I gave Israelis what they have long sought. A sense of acceptance in the region were wanted in our country Don't feel wanted by the Arabs. And here they want me here. L a needs Ziegel Boy Wonder's Dubai Spice Market. With six friends, all elementary school teachers and Moratti's in the market are reluctant to speak on tape about their countries embrace of Israel, which is still controversial in the region. I asked the Israeli school teacher is this piece? I don't know if it's a real piece or not. I think that both countries have interest in this peace because we need them. They need us. The Israelis gain business opportunities. One Israeli I met, signed a deal to grow lettuce using pipes and the Emirati desert. And the Emma Ronnie's Get Israel's blessing to buy American made F 35 fighter jets, Bahrain, Sudan and Morocco also normalized ties with Israel. And it was the U. S offering the incentives without concessions by Israel so long to watch a loom. Which alone middle. What's MMA Prime Minister Benjamin Netanyahu promoted the U A e deal as peace for peace instead of the old paradigm land for peace. He says It sets a precedent. Israel doesn't need to give up land to the Palestinians to win friends in the Arab world. But I Moratti's still want Palestinians on their side U A e ambassador to the U S. You said fellow Taipeh. We still want to see a two state solution. We still want to see a negotiation between the two parties. Perhaps just perhaps we might be able to have more influence and more leverage when we do have a relationship with Israel. Emirati commentators say the love fest Israelis feel Just the honeymoon. Tough love will come later. But Israelis are seeing it more Netanyahu's way. Everybody by him from then a tourist to get just his first name to discuss his political views, says the Moratti's embrace proves Israel doesn't need to make sacrifices. Rather, it's the Palestinians who will feel pressured to follow their Arab brothers and make a deal with Israel. Even a prominent Israeli peace advocate returned from a trip to Dubai, saying, I think that the Palestinians need to rethink the way they treat Israel. Femi Paris The son of the late Israeli President Shimon Paris, runs the Paris Center for Peace that reaches out to Palestinians. He wants to promote business with the eh Moratti's and approach he wants Palestinians to adopt. I think Their point of view has being that's first sold the political issues and then we can start normalizing things and move forward. I think those days have gone. I believe that the only way for us to really, really achieve peace, comprehensive peace And save the region from backwardness is to focus on moving together forward. I put that to Nabil Shaath, adviser to the Palestinian president, He says. Palestinians can't just move forward and ignore their day to day realities is an occupying our land. Israel continues to Great second mints in our villages destroyed our houses. And yet It is legal had 23 is very better. Who is it? That should be doing what to whom the occupied the occupiers. Palestinians and many countries say real peace requires Israel to compromise land for peace. Shot says the U. A e deal removes the incentive for Israel to do that, Even if the Emirati say they'll keep pushing for it. There's radiated out of the problem, not us on the right. Is that looking for exclusive or what? There's not sisters myself and lewdness. Be that fan board down a desert dune. Their Palestinian Arab citizens of Israel, not from the occupied territories. And they're thrilled to finally visit a part of the Arab world that have been off limits to them as Israeli passport holders with the azure Allah Allah Dolly are a beam can look hope. Jewish travelers to Dubai with see Arabs in a more positive light. Could it lead to less discrimination against her community at home? Or would it all just be for gotten on the flight back commotion on the runway and Duke? By Lee's Eve, the Jewish Tour guide You heard at the beginning of the story happens to be sitting across from me and does not want the flight attendant to crowd the empty row in front of her with an Arab couple and their baby. Also tourists from Israel. A second Arab couple accuses her of racism. Give your time CC Zaeef says. Are you psycho woman? Can Lieutenant Mark going up? And Israeli flight attendant gets on the loudspeaker. Respect each other. A young Arab dad stands up and addresses the plane. Okay, mate committed. I don't being bumped out of it. No, but they must you all were just in an Arab country. Not in Las Vegas. Look at what's happening here. Disgusting. A Jewish man shouts back! Don't generalize. Quarreling passengers don't make amends or apologies. They spend the flight back to Israel in a kind of cold piece. Daniel Estrin NPR news Dubai
KQED Radio
"united arab emirates" Discussed on KQED Radio
"Accompanied by the U. S Marine band behind him there. Thank you, Scott. Thank you. Newly established diplomatic ties between Israel and the United Arab Emirates are having an effect. The U. A. E is welcoming thousands of Israelis President Trump's administration. Promoted these diplomatic ties as a historic breakthrough, which was true Israel had been isolated from many Arab nations for decades. Israel's leaders says the agreement proves that peace does not have to come at a cost. NPR's Daniel Estrin traveled to Dubai and the U. S a toe ask just what kind of peace is being promoted? It's not hard to spot Israeli tourists and devise busy gold market way. Silas are very noisy, and they understand us here. I feel no tour guide. Lisi is wearing a sequined shirt and a blue scarf around her strawberry red hair she poses for pictures with elaborate gold wedding garments in the window displays. Later, she'll ski at Dubai's famous indoor ski slope in Jordan. I don't know if I will feel like this Not in Egypt Way make fine here and next month I come again. Egypt and Jordan share a cold peace with Israel and most other Arab countries refuse relations with Israel, as long as Palestinians don't have independence, but the U A E. I gave Israelis what they have long sought. A sense of acceptance in the region were wanted in our country Don't feel wanted by the Arabs. And here they want me here. L a needs Ziegel Boy Wonder's Dubai Spice Market. With six friends, all elementary school teachers and Moratti's in the market are reluctant to speak on tape about their countries embrace of Israel, which is still controversial in the region. I asked the Israeli school teacher is this piece? I don't know if it's a real piece or not. I think that both countries have interest in this peace because we need them. They need us. The Israelis gain business opportunities. One Israeli I met, signed a deal to grow lettuce using pipes and the Emirati desert..
600 WREC
"united arab emirates" Discussed on 600 WREC
"Deaths are attributed to them while fires raged in the west, the storm's board in the east 2020 was a record year for tropical cyclones in the Atlantic. 30 of them grew large enough to get named more than they had names resorting to the Greek alphabet Hurricane iota being the last, and that puts the vast majority of the New Orleans metropolitan area in that zone for having the greatest impact. That's Louisiana Governor John Bel Edwards. His state seemed to take the brunt of them here in the U. S. Tropical storms Crystal Ball Fay and Beta. And then hurricanes Laura Marco, Sally Delta and Zeta. What felt like a bomb and Beirut might have been or wasn't an accidental explosion. Either way, a giant fire at the city seaport was being recorded from many angles when an immense mushroom cloud popped up and then a shock wave destroyed buildings and injured or killed people for miles, and Lebanese hardliners blamed Israel. Israel blamed Hezbollah, saying its weapons stockpile caused it. Meanwhile, Israel made peace with a handful of Arab and Muslim neighbors and the agreements that were about two shots to sign. So our people's the region and the entire world the benefit of having Friendly, peaceful normal exchanges, Prime Minister Benjamin Netanyahu upon reaching normalization with the United Arab Emirates. Similar deals brokered by the Trump administration would be announced with Sudan, Bahrain and Morocco, dubbed The Abraham accords. 2020 also saw the US fly humans on American rockets. Once again we're go for launch. Let's light this candle. Elon Musk company Space X successfully flew NASA astronauts to the international space station nine years following the retirement of the space shuttles. Let's stop the fucking nine and three Dragons game that goes face back. Godspeed, Bottom dog That test emission was followed by a.