it's taken some ideas for adani to have this green light for construction to begin.be about two yea rs before we begin. they say it will be about two years before we see cold coming out of the ground being exported. since the project was first announced, these projects have been scaled back initially. it was going to be one of the biggest minds on the planet, excavating 60 million tons of coal in the first year but now they think only 10 million tons. the number of jobs has been scaled back. there was talks of 10,000 jobs and now we are told the direct number of people involved in construction and opening up involved in construction and opening up the mine would be 1500 however adani's business model has remained the same, using australian coal to sell it back to the indian market where it has power stations. the ceo in australia says it's been a long time. there please the people of queensland are with them and it does meana queensland are with them and it does mean a large number ofjobs there but this has been a very divisive issue here in australia, particularly d

eight years since this was announced, court cases and legal checks finally adani can begin constructionrs before we see call coming from the ground. it was initially going to be one of the biggest minds on the planet producing up to 60 million tonnes of coal per year but they've had to scale back the plan, they say it will now be something like 10 million tonnes working up to maybe 27 million tonnes per year. still very significant, its plan of what to do with all that galilee coal was to do with all that galilee coal was to ship it back to india was to fire the power stations so they have a guaranteed customer but also guaranteed customer but also guaranteed opposition. there are plans to protect the wildlife which have been approved locally but there isa have been approved locally but there is a huge amount of opposition in terms of what it means for future carbon emissions coming out of india and impacting globally, impacting as well in queensland, people saying that what happens in the climate affects the great barrier reef and sea affects the great barrier reef and sea temperatures

queensland gave a final approval for the carmichael thermal coal mining projects the go ahead for adani enterprises of india to begin work to open the opens the door to 6 additional mines in the galley galilee basin to extract an estimated 8 to 10000000 tons of coal annually for use in indian power plants climate activists are pushing to leave the carbon based fuel in the ground to make meeting the goals of the gaunt pair of climate said paris climate agreement feasible and avoid the most catastrophic of traffic effects of human induced climate change australia's famed great barrier reef has already suffered an 89 percent loss of new coral growth due to ocean warming and acidification. and germany's auction for 5 g. spectrum came to a close one day after raising nearly 6600000000 euros in a 4 way battle between 3 german telecom mainstays and one newcomer the auction lasted a record 12 weeks the successful bidders were deutsche telekom who spent 2200000000 euros vodafone which spent 1900000000 euros telefonica ponied up 1400000000 and one n one drill it's a mobile startup run by billiona

plantntroversial adani has been given the greenlight to build in queensland, australia. it was a major factor of the australian election. juliette saly in singapore, thank you so much. inflation trailed forecasts in may, reinforcing the case for the fed to cuts rates. trader paul jones expects a rate cap, adding you should go long on stocks and short on gold. >> we are getting to have a rate cut. there is rate cut 101. at least initially, long fixed income, probably short the dollar, long gold. that is what you do into the first rate cut. all those trades are processed. how much further will they go? i think they will go a long way. >> you think in 2019 we might see 50 to 75 basis points cap? depends on thet tariffs, how far we go with them. short.e cycle is cut we never really got the rates that we have gotten historically to end an economic cycle, they were cut short. because of the tariffs. we really have to see the impact they will have, and if this next round of tariffs gets implemented, it would be a huge deal. if they get implemented, certainly it is possible that