but we're going to get to the central bank of russia is apparently going to be raising, raising yet again in a shocking moment. but 1st, i want to lay out the situation of what's going on and why we have this wealth and income gap. and just the extraordinary moment in which we are, we've cover the extraordinary nature of negative interest rates. we've covered the extraordinary nature of the money printing and negative energy prices. all the crazy things that happen when price signals go astray. well, household corporate equities and mutual fund shares, asset market value levels have expanded by $8.00 trillion dollars. an asset value between q 42019, and q 12021, the fastest and largest valuation expansion in history. so you kind of see that in the day that we, you see that the feds interventions get sharper and faster and harder. so that's after the 200-2001 dot com crash. it was a slow decline for a few years like 4 or 5 years. and then it hit the bottom and slowly came back to life. here's a 2008 crash you see. and what you see is that there's a kind of like a u shaped bottom. we had a

awe rate hike, the consumer price inflation of russia is red hot having jumped 6 percent and may, compared to a year ago to percentage points above the bank of russia's target of 4 percent polls and russia show that food inflation is a top concern currently running at 7.4 percent, but he points out that, you know, they're increasing rates while the fed is saying that this pump and all the commodity prices and food inflation, all that stuff is just transitory. so they keep on surprising to the upside. they keep on surprising economists. in fact, wall street says russia has been on the opposite trajectory of the u. s. fed surprising economist at every step along the way. this trajectory started on march 19 with a 25 basis point hike to 4.5 percent against the expectations of 27 of the 28 economists pulled by reuters, who didn't expect to rate hike on april 23rd, the bank of russia height is policy rate by 50 basis points to 5 percent on june 11th at height, to another 50 basis points to 5.5 percent. the next policy meeting is scheduled for july 23rd, and the central bank of russia has warned that it could, it will expect to increase rates b

but we're going to get to the central bank of russia is apparently going to be raising rates yet again in a shocking moment. but 1st, i want to lay out the situation of what's going on and why we have this wealth and income gap. and just the extraordinary moment in which we are, we've cover the extraordinary nature of negative interest rates. we've covered the extraordinary nature of the money printing and negative energy prices. all the crazy things that happen. one price signals go astray. well, household corporate equities and mutual fund shares, asset market value levels have expanded by $8.00 trillion dollars. an asset value between q 42019, and q 12021, the fastest and largest valuation expansion in history. so you kind of see that in the day that we, you see that the feds interventions get sharper and faster and harder. so that's after the 200-2001 dot com crash. it was a slow decline for a few years like 4 or 5 years. and then it hit the bottom and slowly came back to life. here's a 2008 crash you see. and what you see is that there's a kind of like a u shaped bottom. we had a

but we're going to get to the central bank of russia is apparently going to be raising rates yet again in a shocking moment. but 1st, i want to lay out the situation of what's going on and why we have this wealth and income gap. and just the extraordinary moment in which we are. we've covered the extraordinary nature of negative interest rates. we've covered the extraordinary nature of the money printing and negative energy prices. all the crazy things that happen. one price signals go astray. well, household corporate equities and mutual fund shares, asset market value levels have expanded by $8.00 trillion dollars. an asset value between q 42019, and q 12021, the fastest and largest valuation expansion in history. so you kind of see that in the day that we, you see that the feds interventions get sharper and faster and harder. so that's after the 200-2001 dot com crash. it was a slow decline for a few years like 4 or 5 years. and then it hit bottom and slowly came back to life . here's a 2008 crash you see. and what you see is that there's a kind of like a u shaped bottom. we had a v

as the, the head of the central bank of russia has recently just said, i'm afraid it's a bit more permanent. johnson should concentrate. the problem basically is that you can see going back to march last year, how commodity prices just took off. and they took off at exactly the moment that the fed decided to do to a $120000000000.00 a month. and not only the us, but as we come out of lockdown, we find 2 things. firstly, there's a complete logistical followup. nothing is getting delivered. we went into it with just in time inventory management, which means it was nothing on the shelves. and on top of that, we find disclosure that people having stopped working, they want to go back to work. so you can see that there is not the product available to match all that money been handed to the consumers. and the consequences, quite simple. prices rise and not only do they rise, but they will continue rising until that situation is sorted out at the minimum. but of course the monetary inflation continues. so will it ever get sorted out? i'm afraid that it's actually a very serious situation, and it'l

as the, the head of the central bank of russia has recently just said, i'm afraid it's a bit more permanent. johnson should concentrate. the problem basically is that you can see going back to march last year, how commodity prices just took off. and they took off at exactly the moment that the fed decided to do to a $120000000000.00 a month. and not only us, but as we come out of lockdown, we find 2 things. firstly, there's a complete logistical followup. nothing is getting delivered. we went into it. but just in time inventory management, which means it was nothing on the shelves. and on top of that, we find disclosure that people having stopped working, they want to go back to work. so you can see that there is not the product available to match all that money been handed to the consumers. and the consequences, quite simple. prices rise and not only do they rise, but they will continue rising until that situation is sorted out at the minimum. but of course the monetary inflation continues. so will it ever get sorted out? i'm afraid that it's actually a very serious situation and it will o

the bank of russia policy decision is at 11:30 a.m. london time.ntral bank news, the ecb is back on the agenda, set to decide on if they will lift the bank dividend cap. there has been a lot of talk about it and if conditions might remain in place even if that cap is lifted. finally, the tokyo summer olympics begins with the city under a state of emergency. the opening ceremony starts at 12:00 p.m. london time. some events have already started, but the opening ceremony will take place today. italy will restrict many leisure activities for unvaccinated citizens or those who have not recently tested negative. the so-called green past will be required to dine indoors. the prime minister says a surge in cases means vaccine certificates are needed to keep the economy open. this is really interesting from italy because mario draghi is being very averse about the trade-off. tell us about the italian version of this green past. -- the green pass. >>'s is not a restriction of freedom but actually something that guarantees freedom. it guarantees the fact tha

of new economic data. we start in russia where the mo, x is down ahead of central bank meetings next week, where does expected to raise interest rates for the 4th time this year. meanwhile, in comments published on monday, the russian finance minister issued a warning that global stimulus measures create the risk of increased market volatility and slower growth. moving to asian markets, the shanghai composite is down, it dipped on concerning and placing data out of the united states. but the composite was able to rebound some of the last on thursday after the nation reported g. d p wrote 7.9 percent year over a year and the 2nd quarter just below expectations. retail sales in china were also up 12 point one percent year over year for the month of june. in hong kong. we have our 1st green arrow for the week with the hang thing. the index followed similar trends to shanghai, but banks did well to close out the week after the people's bank of china injected $17000000000.00 in liquidity through open market operations. on thursday alone, alibaba intense and each saw gain of more than 2 percent to hold up the tech

bank rate. that is turkey and chile and russia. maybe it is the bank of korea.y have actually started it idiosyncratically. it goes to show is it time? a lot of these places have low vaccination rates. yvonne: i'm still confused about the deed -- gdp print. everyone is confused about what we are seeing when it comes to the chinese economy because we got that mls this morning that said they were going to roll out some of the debt but not all. maybe it is a signal they are not going to do more easing after that rrr cut. you have retail sales. you had a number that was not scary. what is the government seeing that we are not seeing? dave: let's get into this. garfield reynolds. it has been a busy morning. everything from the bond market with massive drops in 10 year yields. the bid out of china. what is your team talking about right now? what do you guys debating? mr. reynolds: we are debating how much you can trust this data and also how much the central bank and policymakers trusted. it is not from the point of view of made-up numbers. it is from the point of vie

shocking revelations bible gary's help minister to admit cobit bank sedation, failures of cost the country almost $10000.00 lines. as russia athletes of the tokyo lympics keep up notching golden sled weston major on the fleets, increasing the thing. red is a question. the teams are to be the use of chemical waste, contaminated soil, and toxic emissions and environmental specialist outlines for us the potential dangers of this week. dudley blast gym from a chemical point of view. it is really possible to imagine a huge catastrophe. and we know that the inhabitants did not know what they might be exposed to. ah, hi there. thanks for joining us here on the internet. we will start this out with breaking news because the united nation says that it's headquarters in western afghan. this done has been attacked with rocket propelled grenades and gunfire. one god is being confirmed dead and several others have been injured. no un personnel have been hurt. the area near the compound as seen fighting between government forces and taliban. the headquarters attackers are so far being described only as anti government forces. elsewhere

italy and of poverty crisis authorities, a warning the changing seasons will be the more challenging for local community. the u. s. accuses russia and china running smear campaigns against western bank things. but as washington issues more warnings about the side effects of its own jobs, we have someone who suffered severe convulsions after being inoculate. those full body convulsed and tremors. brain fog has saved with me. i still have not recovered and returned to rationing people in south africa in full to q for essentially 200. the shelves were looted and rises. went on the run, doing the money to buy food for children. don't want to pay the rent where it was. so digging like what we're going to do now, because we've gotta get to going to do again, they're going to break the news very good evening. and thanks for joining us on our team. at least 150 people have lost their lives in flash flooding. that is devastated parts of western europe. todd towns, villages have been left in ruins. intense rescue efforts are underway with hundreds of people still unaccounted for. german chancellor angler michael is sent to visit the disaster zone on sunday. while he's peter oliver sent this r

of italy and poverty crisis and authority is war and the changing seasons will be even more challenging for local communities. the u. s. accuses russia and china, running smear campaigns against western bank things, but dancers washington issues war warnings about saw defects of his own jobs. him someone who suffered severe convulsions after being inoculated, full body for both and trimmers. brain fog has saved me. i still have not recovered and the return to rationing people in south africa reform to queue for essential to hundreds of shops were looted. when writers went on the rampage, money to buy food for children, doing the money to pay the rent where it was. so digging like what we're going to do now because you guys are going to going to do again, they're going to be registered in ah hi there, and thanks so much for joining us here on our team to national 1st this hour at least a 150 people have lost their lives in flash flooding. that is devastated parts of western europe and tom. towns and villages have been left in ruins. intense rescue efforts are underway with 100 still unaccounted for german chancellor angler mac. listen to visit the disaster zone on sunday. the speak to oliv

of italy and poverty crisis authorities awarding the changing seasons will be even more challenging for local community. the u. s. accuses russia and china running smear campaigns against western bank things. but as washington issues more warnings about the side effects of its own jobs, we have someone who suffered severe convulsions after being in like.

of the united states are looking at america and using that. and president biden touched on that yesterday too. he said look at china's xi jinping, russia's vladimir putin oig, t , they are banking on a future of autocracy. >> i talked to xi in china who i know well. we don't agree on a lot of things. he is a bright and really tough guy. he truly believes that the 21st century will be determined by aol l democracy has to stand up an demonstrate that you can get something done. >> what do you make of the point that he was making there? i mean china in particular has proven that at times particularly with the pandemic control can have a difference and a positive impact. >> that is exactly right. and this is a theme that president biden has struck many times in the first six months of his presidency. and frankly, it has been a bit of a surprise because it is not the way he talked when he was vice president. it is not the way he talked when he was chairman of the senate foreign relations committee. in instead he has described what is essentially the makings of a new cold war, one in which he is pitting the united states against [ inaudible ] and that is a very big difference. he is

of italy and a poverty crisis is a warning. the changing seasons will be even more challenging for local community. us accuses russia and china, running smear campaigns against western bank scenes. but that is washington issues more warnings about the side effects of its own jobs. we hear from someone who suffered severe convulsion after being inoculated. those full body convulsions, tremors, brain fog has safely me. i have not recovered and returned to rationing people in south africa reform. the king for essential to hundreds of shops with looted and riotous. went on the rampage. don't have money to buy food for children doing the money to pay the rent where it was. so digging like, what are you going to do now because that they're going to, going to do again, they're going to break it again. i want you all to international good. have with us at least a 150 people have lost their lives in flash flooding that has devastated parts of western europe and ta, towns and villages have been left in ruins. intense rescue efforts are underway with hundreds still unaccounted for them and chance langler medical is set to visit the disaster zone on sunday and he's p to all of us. a

of italy and a poverty crisis who is a warning? the changing seasons will be even more challenging for local community. us accuses russia and china running smear campaigns against western bank scenes, but that is washington issues. more warnings about the side effects of its own jobs . we hear from someone who suffered.

the world bank ranks iraq, number 2 behind russia when it comes to gas flaring instead of polluting the air, the gas could be recovered and sold or used to generate electricity for millions of people. the bus for gas company is investing $3000000000.00 to do just that. at the remailer oil field, iraq's largest, anything that the iraqi government can do, or it's neighbors can do to create in a stable environment, is good for capturing more gas and for creating a better environment for the iraqi people. the people of butler say the land, their families have been tied to for 200 years is toxic, and they wonder how many more of them will get sick before the government can help them. natasha game l. jazeera bus for iraq, all cows. the new coal. that's the question. a 40 trillion dollar investor network is asking why? because farming represents a 3rd of all harmful greenhouse emissions, yet no gee, 20 country has a plan to count the balancing jobs and livelihoods is proving a tough cell for government. thousands of farmers recently protested in the netherlands against the government effort to

a number of emerging-market central banks are raising interest rates already such as brazil, russia. iven very strong guidance that interest rates will rise by the end of the year. i think the overall picture is one of gradual tightening in monetary policy by all central banks. in this case, the fed is running $120 billion a month, and i think they could come down to potentially $90 billion to $100 billion during the fourth quarter, and during the first half of next year, i would not be at all surprised if they take it down well below $50 billion a month. if you get growth next year of 4% plus, if inflation stays close to 2.5 percent or 3% of their target, arguably the need for qe just does not exist. anna: thanks so much. we should tell you that ecb president christine lagarde is speaking and taking questions on the eu parliament committee for economic and monetary affairs. she is making opening remarks, as we understand, at the moment. we will keep across any comments she makes. she says retention on dividends could lapse in september. coming up on this program, the u.k. promises to

banking operation. the bush had a plant, was built with help from russia. it's been shut down for 2 weeks of emergency maintenance us sanctions have prevented thereon from bringing in new parts. iran has faced power blackouts blamed on surging electricity demand during a heat wave. sweeping the region demonstrations against major power can continue to be held in the iraqi capital. iraqis is suffering from a heat wave. it's already hit 50 degrees celsius. southern provinces have been the worst hit by the regular blackouts. the ministry of electricity says a major power line may have been sabotaged and that could be causing the outages still had now just syrup, immobile clinic powering its own vaccine, freezer and why fi that didn't bring health care to remote communities. and in bob wy and we'll tell you what's next, suggest phase all soft and 83 decades as amazon, the and in sport, it's wimbledon busy a day. and players compete for ice in the quarter final ah hello, there is a hot, dry picture across the levant and the middle east. we are going to see temperatures continue to climb. the merc

party, the democrat media has been pushing that's fake russia hope for many, many years they've invested hundreds of millions of dollars in the bank, req. helped. 1000000000 dollars in pre p r through their media outlets like cnn, the new york times. and with another electric coming up there figuring why not just continue on that investment. what's really interesting is, we don't know what is russian medley or interference. well, it's not happening. boating, machine. we know from the party that is absolutely 100 percent, impossible to do according to them and their life collection. so what is this misinformation campaign and who decide what is real information and what is false information? how is it a violation if, if he's talking about, i don't know like trolls in russia, i s p address recreating people. how is my lation of american sovereignty and the party that is built on absolute misinformation? this ridiculous show trial. i mean, we don't, you can write a library of books are being done already at light about and been caught lying about in the last 4 years alone. what is misinformation? well, it took the democrat already sa

for the form of bank who was arrested last year before a district presidential election that sparked nationwide demonstrations. he maintains his innocence. daybreak found in eastern russia is believed to have come from a missing plane with $28.00 people on board, the aircraft project, people on board. the acura, when the radar contact was lost, the local report suggests that there are no survivors. civil defense teams assessing the area i can film festival is preparing to reopen, other to restrictions of being east social distance thing will subdue the normally glamorous event that will subdue the numerous normally glamorous event in which 24 phones will compete for the top price. the palm dual american director spike lead had the jury, the 1st black leader of the judges. the 1st film on the program will be i met a music by french director and the okay. the w some correspondence got rocks for is in can for tonight said grand opening. welcome, scott, you've got the hardest jobs. how does it feel to be back on the code to does your last is pandemic height? as yes, thanks. yeah. so i don't want to make everyone, they are jealous in berlin, but of course this will be easy t

from ukraine with no experience, kazakhstan, no experience, russia, no experience, $100,000ge shopping spree and $1.5 billion deal with the bank ofions, i have a funny feeling that the media would go after you. it would be unrelenting. why does joe biden get a pass? >> former president trump: the democrats get a pass. hillary clinton got a pass. the democrats get a pass. a guy like bill barr, they said they would impeach him. t once they said they would impeach him, he became afraid. he became afraid. i said, "what is wrong with you?" he became scared. they go after people.. they go after them so hard andug viciously. all of a sudden, that is what happens. not in all cases. we have some people that are incredible. you get some people brought over the other side for fear. we can't have that. we have to fight. they go after me, mueller, this one, impeachment, and i call it impeachment hoax one and two. all of this nonsense. in fact they were the ones guilty. they would come after me new york radical left prosecutors come after me. you have to always fight. we have to keep fighting. it is a disgusting thing. [cheers and applause] >>

banks on the waters said, with a chemicals of the site. the more extreme weather to bring you from flooding in china to dry its on blazes in russia. more than one and a half 1000000 hectares of forests has been consumed by raging wildfires in the northeast. yet to tea, a region some 50 towns and villages humping blanketed with choking smoke. emergency services volunteers local to like they're all bottling to bring the flames under control at the figures pretty eyeopening to size and people 300 vehicles have been deployed in that regard. our senior correspondent, iraq sd of has been looking at the skill tragedy. wildfires in just one russian region have consumed an area that is larger than jamaica or mountain. that group and full cost aren't good. it's hot, it's dry and it's burning. ah, the, the to put it far out. you have to, you have to get to it, which is a problem. given the vastness of rushes force firefighters are literally parachuting into the fire zones to join the efforts. the government is sending more and more resources and manpower and vehicles and fire fighting across to combat the infer knows. but local activists sai

k. colds, russia, sputnik job, quote, safe and effective, stressing the lack of severe side effects such as alleged blood clots, linked in other banks. also in the program here, when we hear from a german red cross member who is raising the alarm over the growing number of those, skipping their appointments for a 2nd. corona virus injection. that's how they cope it. hesitancy trend continues to spread worldwide. the.

banks, the waters reacted with chemicals. the site well from flooding in china to draw it and blazes in russia where more than one and a half 1000000 hectares of forest has been consumed by raging wildfires in the northeast. yet to tear region more than 50 towns and villages have been blanketed with choking smoke, emergency services, volunteers, and locals are all bustling to bring the flames under control. around 2000 people, 300 vehicles have been deployed. mariah garcia has been looking at the scale of the tragedy. wildfires in just one russian region have consumed an area that is larger than jamaica or more for that group. and full cost aren't good. it's hot, it's dry and it's burning. ah, the, the to put it far out, you have to, you have to get to it, which is a problem. given the vastness of rushes force firefighters, are literally parachuting into the far zones to join the efforts. the government is sending more and more resources and manpower and vehicles and fire fighting across to combat the inferno. but local activists said, still not enough that reaching out internationally for help. they've even of leonardo dicaprio for assistance

k. colds, russia, sputnik job, quote, a safe and effective stressing the lack of severe side effects, such as the blood clots linked in other banks. also in the program here, when we hear from a german red cross member who is raising the alarm over the growing number of those, skipping their appointments for a 2nd. corona virus objection, that's how they cope it. hesitancy trend continues to spread worldwide. ah, 9 o'clock on wednesday evening here in moscow, this is to national with every war. welcome to you to the president of haiti, hovel moiz has been assassinated at his residence by a group of armed attackers. the country's 1st lady was also shot and injured. she was hospitalized and is currently being lifted to miami for treatment. now what we can show you here is unverified video that allegedly captures the very moment when the attackers storm the presidential compound at night. and the presidential office has insinuated that the hint job was orchestrated with the help of foreign mercenaries. now following the assassination, the haitian military establish nationwide martial law. this will last until july, the 22nd. the arm

russia is a sanctioned and threatened china. an international coalition join together to deliver a verbal banking. israel not, wait, wait, wait. i did find a couple of responses as it turns out, a u. k. government and said it's going to also grant you've capabilities in a way that is legal, responsible, and proportionate to insure aside space, yada, yada, yada. and the us condemned in general terms surveillance of gen didn't mention as well as a former israeli defense official quoted in the system is not just and so that does such things point food. but the response to hack is linked to israel. quite same is it because getting angry is a political choice brilliantly and says pegasus is not able to hack anyone in the united states. i wonder why just get a vpn anyway. go with are you still has this saturday rush on vales, its latest generation, single engine fighter jets at the max as show outside moscow? big event still on the way this weekend. of course, a correspondent cleanser board. and you can take a look around to among all stories off there. i join me every 1st day on the alex simon show. and i'll be speaking to guess in the world, the politic

right, the bidens aren't just compromised by russia and ukraine and kazakhstan, that'sst right, zero experience hunter got a $1.5 billion deal with the bank of china and a $100,000 shopping spree for his family from a chinese national. for these reasons, let's give joe another well-deserved f. domestically, biden is also performing extraordinarily poorly. inflation is at its highest rate in 20 years. everything you buy, gas, food goods, services, you are paying more every single day for every item. he gets an f on inflation. and this is a massive tax on everyone, but it especially hurts those people that live paycheck to paycheck. the lower middle class america. they are getting hurt the most. it impacts everything you buy. it impacts heating and cooling your home. it impacts feeling your car with gasoline. $1.25 more per gallon thanks to joe. we will say f for joe on energy. and once again, and once we were energy independent for the first time in 25 years, we all benefia and for national security reasons. and by the way, joe biden's attempts to ram through the green new deal under the guise of human infrastructure. i thought infrastructure

nations to the head fees in russia and by his latest generation fight adjusted the max shows side of moscow will be reporting from there just after i was driven by general shaped banks, 10 percent of those in the me i think we dare to ask in so what we try to do is really to leverage on the knowledge of this partners from developed countries and they offer free of charge the services support was so we this is the broker 12 things from developing and emerging countries to get access to state because clearly one of the issues, one of the show stoppers is the cost of the launch in the operation. the ah welcome back now and haiti violence his mom, the funeral of the nation's assassinated president. the body of your valley more easy was returned to his home town for private burial and made heavy security in spain revealed at least 7 people, implicated in his murder, had received training in the united states. with more in the story, his ego she'd done off ever since open invasions became a reputation ruined em. america may train and assist the backbone of its military endeavours overseas. it was meant to be a safety buffer for the pentagon, its name. yes, we taught them