for colgan in providence rhode island he is a professor at brown university and author of the book petro aggression when oil pours this war thank you for your time what do you make of that statement from the

dollar remember the petro dollar was conceived in the 1950 s. but really born in 1981 when nixon took us off the gold standard and we've come full circle because remember in the 1970 s. we had the oil embargo wars in the early days of this petro dollar being a full you know u.s. dollar backed global currency grid and here we have a special report trump told saudis cut oil supply or lose u.s. military support so apparently in an april 2nd phone call trump told saudi crown prince mohammed bin solomon that unless the organization of the petroleum exporting countries opec started cutting oil production he would be powerless to stop lawmakers from passing legislation to withdraw u.s. troops in the kingdom for sources familiar say yeah well i don't really understand us all saudi relationship anymore you know i mean why are we why do we have troops there and saudi arabia anyway why do we have troops and cutter so huge military bases right it's a waste of my. ani. why do we have troops in south korea that's a waste of money why do we have troops in germ

on words petro states have been trying to diversify but it is proving to be a very very difficult task qatar's our own foreign minister was actually talking about the blockade. to have a blockade u.s. or any intentions the conflict in iraq and yemen he said he called on they called the regional situation an explosive recipe and was cooperation around the region and reform in these countries i mean how likely is that advice to be taken well i think there are as you say there's real political tensions in the region so it would be difficult to do so but there are things that the countries can learn from each other even without formal talks if we look at say the mood that the united arab emirates and towards greater renewable energy and using that to replace oil and natural gas in their electricity generation that's something that other countries in the region could emulate how it's going to play along and do you think for these countries in the gulf and you know the projections for the price of oil. well the one to watch right now is oman it's in the most immediate fiscal danger it has a

dollar remember the petro dollar was can see in the 1950 s. but really born in 1981 when nixon took us off the gold standard and we've come full circle because remember in the 1970 s. we had the oil embargo wars in the early days of this petro dollar being a full you know u.s. dollar backed global currency grid and here we have a special report trump told saudis cut oil supply or lose u.s. military support so apparently in an april 2nd phone call trump told saudi crown prince mohammed bin solomon that unless the organization of the petroleum exporting countries opec started cutting oil production he would be powerless to stop lawmakers from passing legislation to withdraw u.s. troops in the kingdom for sources familiar say yeah well i don't really understand us all saudi relationship anymore i mean why are we why do we have troops there and saudi arabia anyway why do we have troops and cutter so huge military base it's a waste of money. why do we have troops in south korea that's a waste of money why do we have troops in germany 50000 american

away from oil but that has proven to be a very difficult task in the past from the 170 to on words petro states have been trying to diversify but it is proving to be a very very difficult task and of course all of the countries are dependent on rebounding oil prices and as the united states in particular struggles to contain the corona virus there's a lot of concern here about how cautious consumers are going to be no in seeds airlines in particular rebounding any time soon because of the difficulty in public health when iraq fryman established heavy me hoss had his 1st cabinet meeting since being sworn in on thursday the full intelligence chief told his government last week because chasing his way out of months of political deadlock his predecessor resigned after weeks of often violent protests demanding political change and better standards of living. not a problem member of the saudi royal family has reportedly been detained in the kingdom and human rights watch says prince 1st of all bin of the sound was arrested at the end of march and hasn't been heard from since he's the son of th

agencies additional powers he says they are needed to combat covert 19 meanwhile spanish prime minister petro sanchez has said there will be a period of national mourning for the victims of the virus after restrictions are lifted across the country spain has one of the highest death tolls in europe and south korea's capital saw has close hundreds of bars and nightclubs after a new 1000 cluster it was linked to the city's nightlife scene. thousands of people have protested against coronavirus restrictions in several german cities the biggest turnout was in with 5000 participants according to the organizers the demonstration was allowed to take place after germany's constitutional court overturned an earlier ban there were also protests in munich frankfurt and berlin where police made a surprise arrests. for more on that story let's talk to do to use it kate brady kate thanks for joining us kate is there a growing movement that we're seeing taking place here. well certainly since just a few weeks ago we've seen these number of people attending these demonstrations which are often dumped as high

government's handling of the coronavirus crisis demonstrators demanded the resignation of prime minister petro sanchez the protests were called by the far right vox party. well now the weekend of bundesliga action got off to an eerie start on friday as had have berlin took on cross-town rivals on inside an empty stadium but this new comers when you own one the capital city bragging rights with a one they'll win back in november but this time has got their revenge for. the yawning expense of the limpia study or a strange place for a local derby. to neo much raise the roof in the 1st tough. pattinson this free kick a whisker away in the 43rd minute. but it was happen who broke the deadlock in the 2nd tough they doubted bees of each stumping ahead handing head to the lead in the 50th minute social distancing well observed by the captain this week i hate pinpoint cross and a trademark finish from the both me and i disastrous only on defending straight from kickoff gave dodie you. comeback of an opportunity to double headers lead he judy dispatched his chops to make the signal. and it was 3 by the

petro works at the institute for ecological economic research in berlin the institute has demist r.t.on whether immobile phone case printed at home in germany is more environmentally friendly than one mass produced in asia and found out that there are about the same . that's because 2 emissions from local 3 d. printing are offset by the high energy consumption of the printing machines. this process is neither particularly sustainable nor economical but it can be profitable for some companies under certain conditions if you want to name what companies can generally make money on expensive 3 d. printing projects only if they can speed up or streamline production still they'll use fewer materials and some products could be recycled even if they're custom made . we've come to the reflow recycling company in amsterdam to find out whether 3 d. printing production really is sustainable about 80 percent of printed products are made of plastic and then a fraction of them are recyclable or biodegradable this machinery reflow 10 discarded plastic bottles into plastic filaments that can be used f

ukraine saying it will open a probe into leaks phone calls allegedly made between former president petro poroshenko and u.s. presidential hopeful joe biden the current ukrainian leader vladimir is alinsky said the exchange could potentially be perceived as treason promotion of mind in the. yes i heard about poroshenko and biden i think this is not the last time ukrainians will hear about this issue the prosecutor's office and law enforcement agencies should respond i know that the prosecutor general of ukraine yesterday registered a criminal proceeding at the request of a deputy they will investigate and i know that this can be considered as high treason but if all the calls were 1st published by ukrainian m p the un verified exchange seems to trace back to a legal case involving then prosecutor victor shock and who was looking into corruption involving the gas company. at the time joe biden saw him on its payroll prompting allegations that former us v.p. tried to pressure the polish government into dropping the case and sucking chokin all allegedly in exchange for a $1000000000.00 loan

concession with the temporary rent payments but many people here have lost their source of income petros ran a blueberry farm on his parents' property but he had to shut it down after the ground there sank 2 meters they held some public protests which provoked a swift response from the power company is a couple of us are going to be think i'm certain of what a good guy gets when we held demonstrations for fair compensation and on one occasion we closed down the company's conveyor belts for a while we the numbers of those who then the company filed a complaint against us claiming that we were trying to damage their business that's not going to mean it's 10 of us were arrested but then sentenced to 10 months in jail. that was later reduced to probation of up with a good minister like. the honestly. i restate this was sentenced to 3 years probation. finally the greek government said it would pay $42000000.00 euros from a state investment program to those whose land was expropriated it's not clear when the money will be paid the people up on our t.v. have long since lost their trust in the a

countries using the dollar in terms of it's connected to the oil market the energy markets for the petro dollar system so nigeria one of america's colonies because of the collapse in oil price finds itself on able to buy enough dollars out there to keep itself from going into utter collapse and that's not going to change all these oil. exporters that are american colonies venezuela is a colony let's face it of america. are going to go the way of the dodo right they're going to come become extinct unless they very very very quickly introduce hard money into their economy either gold but you know more easily and more up to the minute would be bitcoin so nigeria if you want to stay a country with bitcoin or you're gone well in the meantime we have this will feed system and the operator of the system the wizard of oz of this system is the united states federal reserve bank and the federal reserve bank because this decline in the dollars available overseas through real prices and real you know economic activity they're going to have to create a mammoth huge blow up doll of a monetary system t

petros ran a blueberry farm on his parents' property but he had to shut it down after the ground there sank 2 meters they held some public protests which provoked a swift response from the power company is a couple. that we think understandable good gets up when we held demonstrations for fair compensation and on one occasion we closed down the company's conveyor belts for a while we the numbers of those so then when the company filed a complaint against us claiming that we were trying to damage their business we're going to mean is 10 of us were arrested but then sentenced to 10 months in jail. that was later reduced to probation of up with i mean as for like 3 at the end of slowly. a restart was sentenced to 3 years probation. finally the greek government said it would pay $42000000.00 euros from a state investment program to those whose land was expropriated it's not clear when the money will be paid the people upon arche rehab long since lost their trust in the authorities. this is the home of demolition expert op a stall is causing an e.t.s. he still has a job and he and his famil

on the ukraine sees it will open a probe into phone calls allegedly made between former president petro poroshenko and u.s. presidential hopeful joe by the exchange revalues allegations that biden engaged in a quid pro quo by pushing for the sucking of the bin prosecutor general for personal reasons in exchange for usaid the current ukrainian leader of the mirrors all in ski has said those calls should be perceived as treason. yes i heard about cohen biden once and i think this is not the last time ukrainians will hear about this issue the prosecutor's office and law enforcement agencies should respond i know that the prosecutor general of ukraine yesterday registered a criminal proceeding at the request of a deputy they will investigate i know that this can be considered as high treason but it is putting it that the coals were 1st published by ukrainian m.p. the unverified exchange seems to trace bond to a legal case led by the prosecutor general and victor shoke and who is looking into corruption involving the gas company. joe biden saw moments payroll prompting allegations that forme

magine that name jason petro he's an expert in microbiology and immunology to get them words out and he hosts the super awesome science show podcast jason welcome back we appreciate you coming back to our show especially at this time and some places are going to get right to it jason some places are starting to lift the quarantine right now is it safe at this time to lift the quarantine for covert $98.00 and if we do how can we safely start reopening. well there are a number of places in the world which are ready to do it i'm in canada you know berta we're already starting and it's going slowly it has to be slow it has to be staggered so right now let's put it this way you can go golfing you can probably go see your dentist and get those teeth cleaned finally but when you go to the mall no you go to a sporting event know now the big thing that you need to realize is that in order for that to happen you have to have cases diminishing you've got places here which have a handful of cases not thousands so really it's more about how many cases are happening and then you can decide whether

that the dollar is doomed and this is the death now these are the last days that the dollar it's a petro dollar system so here is the price of oil going back to $870.00 this is the 1st time it's negative both nominally and in real terms and finally of course that you need an economy you need a thriving wealth producing industry you know leading power in order to rule the world and here is debt to g.d.p. versus velocity of money this is the death this is this is it since 2000 it's been dying velocity of money is way down it's in the hands of a few they think that you know the game's over right that's exactly what happened the soviet union you know we're recreating the soviet union i would love to talk to president bush out of your food about this on the casa report you know i've been sent over hundreds of invites to your office on the crime one so far no response blat. let's make it happen well we'll take a break and when we come back lots more coming your way. you cannot be both with the yeah you like. is your media a reflection of reality. in a world transformed. what will make you feel

resources and move them from energy extraction to mining back calling because we could be going from a petro dollar world system to a big coin currency a world system is that a possibility yeah this is where you get super interesting because nation states typically are the ones who. go forth and do really big energy projects like solar hydroelectric cetera and for them they got just pretty much risky sources that are sometimes left on tapped so what do you do with all that free your very very cheap electricity and you can get coins that and with that you can now make your own money that is a sovereign money that no one else can touch the united states or russia or china they can influence in you can take that money epic when you're able to use it whatever fashion likes of it does give the states who have energy resources to help them exit you know us as you. mentioned system so let me get your comment on this true or false and then you can speak on it big quite separates the state from money than true that is the exact purpose as it so she built this for as he says the core problem a central

unfairly targeted mosques will be compulsory on spain's public transport from next week as prime minister petro sanchez announces the easing of more restrictions following more than 2 months of lockdown over 25000 people have been killed there by the virus but the number of infections and deaths are now decreasing in the us the number of deaths has risen to more than 65000 including over 1100000 infections nationwide a projection predicts that the 1st wave of the virus could kill 100000 people by the end of the summer meanwhile more than half of states have begun to partially reopen in a bit to help the economy florida will begin a phased reopening from monday with restaurants and shops operating at 25 percent capacity well new york's governor andrew cuomo has described the current death rate from the virus as terrifying at least $299.00 people died on friday taking the total to more than $18900.00 statewide and that number doesn't include $5200.00 additional victims in new york city whose infections haven't been confirmed by a law test the number that i watch every day which is the worst is th

economy away from oil but that has proven to be a very difficult task in the past from the 1978 on words petro states have been trying to diversify but it is proving to be a very very difficult task and of course all of the countries are dependent on rebounding oil prices and as the united states in particular struggles to contain the coronavirus there's a lot of concern here about how cautious consumers are going to be no in seeds airlines in particular rebounding any time soon because of the difficulty in public health huge follow its display is lit up skies over the russian capital as part of celebrations to mark $75.00 yeah this is the end of world will 2 in europe but traditional commemorations including a military parade the football because of the pandemic tilopa civilians have. instead of a military parade on moscow's red square russians marked 53 day in solitude covered 19 has changed everything the streets routinely used to display russia's military power are empty no tanks no music no marches. president vladimir putin place flowers at the a trial flame near the kremlin walls and for

to spain now where the prime minister petro sanchez says mosques will be compulsory on public transport for monday the government plans to relax restrictions in phases after 7 weeks of strict lockdown people are now being allowed to go exercise outside as alexia brown reports. their 1st taste of freedom in $49.00 days that's 1176 hours of lockdown spent mostly indoors. runners cyclists rollerbladers taking to the footpaths across spain which for weeks had been off limits except for those out to buy food and. i was rollerblading with open arms through the streets because they went to me cause it was a feeling of freedom. going for a walk and playing sport have been bent to stop the corona virus spreading in spain which is one of the worst affected countries in europe they've been more than 25000 deaths and 216000 cases but authorities say the outbreak here is finally past its peak that it's very great to go out to run today and i'm thinking like you know if there are again moment you know i get with everybody out like this i'm very happy about that and i think that people are quite respe

spain's prime minister petro sanchez has promised the country will reopen to international tourism in july and spain relies heavily on tourism makes up 12 percent of the economy mr sanchez to be under pressure to reopen in time for the summer season. no new infections corona virus infections have been reported in china for the 1st day since the outbreak was 1st reported there in december but health workers of want of some suspected cases testing has been increased including of which was the 1st epicenter wearing masks in crowded places like supermarkets and shopping centers does remain mandatory katrina you has the details from beijing. amal's or in today no new cases that means no imported cases no asymptomatic cases according to official figures but china is not out of the woods yet we do know that there are at least 2 active clusters of the corinna virus 5 or 6 cases were identified some weeks ago in ruhani at the center of the outbreak and that's a citywide testing schemes are millions have been tested in the last few weeks and perhaps more worrying for authorities is a cluster in

portfolio is enormous assets include mobile operators shipping companies pharmaceuticals construction petro chemicals the list goes on. a public offering is unprecedented and generating excitement about investing in stocks iranians who normally put their savings in real estate gold foreign currency even cars are investing heavily in the stock exchange and the government is making it easier to do so. in the past people mostly deposited the savings in banks banks invested it now it's become very simple there's a website called c. john the comprehensive financial information people register online and receive a trading code and they can buy she is 3 different broca's. but some iranians worry this is a cash grab during a downturn that this might be a bubble and new investors in a speculation driven market could lose their money meanwhile small business is a major part of iran's commercial landscape have been circling the drain since the beginning of the outbreak. this in public bath and downtown had dozens of customers every day before the pandemic oh. we haven't had any business for a long tim

spain's parliament has extended the country's state of emergency for a 4th time from mr petro sanchez managed to secure enough backing to extend it until the 24th of may just as the government to control people's movements as it gradually relaxes its lockdown spain is one of the world's worst hit countries with more than $25000.00 deaths. a number of deaths in the u.k. is now past 30000 it comes a day after britain registered the highest death toll in europe. meanwhile one of the most senior scientific advisors to the u.k. government has resigned professor neil ferguson breached the trend of ours knock down rules he helped create by receiving secret visits to his home by a woman. just was one of the leading voices on the scientific advisory group and had the virus himself honan's coalition government just postponing the sunday's presidential election ruling no one justice party wanted to hold a vote by post about it because of the pandemic but some m.p.'s refused to back that proposal and the opposition accuse the government of putting its political interests 1st a new day date is yet

dollars worth of fuel 5 iranian tankers are just days away from arriving in venezuela to help ease petro forces there alexy o'brien reports in the venezuelan capital caracas the queue at the petrol station can last for days or the important one to get this is the richest country in the world and we should not be like this because there is wealth there is oil there is everything the shortages have plagued venezuela for years ever since its 1300000 barrel a day refining network collapsed which critics blame on under-investment and mismanagement by the state oil company now president nicolas maduro has turned to iran for help for fuel itself and chemicals to help get the oil industry back on track. those 5 ships are bringing gasoline regarding the technical support for the reactivation of the refinery what the venezuelan government asked us for in the past week was to bring input materials catalysts which iran brought through the plains. ship tracking shows the 1st of the 5 tanks has left the iranian port city of banda rob us and match the 1st tanker fortune is expected to arrive in venezue

protesters for their government. 16 demonstrators were arrested for possessing things like screwdrivers and petro bombs after protests on sunday about a different proposal out of beijing that would ban treason and sedition. protesters worried the law would open up the door to mass arrests in hong kong and expand spine by chinese intelligence agents, the same people have taken to the streets of hong kong demonstrating against previously proposed chinese extradition laws, the trump administration has been supported by demonstrators in hong kong, this week appears to be shifting the focus was the economic applications of rising tensions between washington and beijing encouraging companies to move their operations to america. >> we welcome any american companies in hong kong or china mainland, we will do what we can to pay the costs of moving if they return their supply chains and production to the united states. >> reporter: donald trump teased an announcement on china related to the security law protested on sunday. that is something to watch in the coming days. jillian: absolutely, thanks. hundred