first time that the positioning speech for the world group annual meetings is being held in continental europe. germany is the major anchor for the world bank group in the rest of europe. it is the fourth largest shareholder and the fourth largest contributor, and chancellor merkel has always been a supporter of the world bank group priorities including tackling debt and covid as well as action on global public goods . i understand that these priorities are also the focus of germany's eu presidency, which runs through the end 2020. ens said, the covid pandemic is a crisis like no other. it's toll is massive qom and people in poor countries are likely to suffer the longest. the pandemic has disrupted likelihoods in every corner of the globe. it has knocked more economies into simultaneous recession than at any time since 1870. and it could lead to the first wave of a lost decade burdened weak growth and a collapse in many health and education systems and excessive debt. the pandemic has already changed our world decisively and forced upon the world of painful transformation. it has changed everything -- the way we work, the extent to which w

germany is a major anchor for the world bank group in the rest of europe. it is the fourth largest shareholder and the fourth-largest contributor, and chancellor merkel has always been a strong supporter of world bank group priorities, including tackling debt and covid as well as action onl global public goods. i understand that these priorities are also the focus of germany's eu presidency, which runs to the end of the 2020. as jens said, the covid-19 pandemic is a a crisis like the other. it's toll has been massive, and people in the poorest countries are likely to suffer the most and the locus. the pandemic has taken lives and disrupted livelihoods in every corner of the globe. it's not more economies into simultaneous recession than at any time since 1870. and it could lead to the first wave of a lost decade burdened by weak growth and the collapse in many health and education systems and accepted that. the pandemic has already changed our world decisively and force upon the world of painful transformation that has changed everything. the way we work, th

the largest emitters in the developing world, but i must say also in the developed world, are still not making sufficient progress in this area. amid the pandemic, the world bank group has remained the largest multilateral financier of climate action. over the last five years, we have provided $83 billion in climate related investments. our work has helped 120 million people in over 50 countries gain access to weather data and also early warning systems, crucial to saving lives and disasters -- in disasters. we added a total of 34 gigawatts in renewable energy into grids helping communities, businesses, and economies thrive. i am happy to say in fiscal year 2020 completed june 30, my first full year as president, the world bank group made more climate related investments than at any time in its history. we intend to step up that work over the next five years. we are helping countries put an economic value on biodiversity, including forests, land, and water resources, so they can better manage these natural assets. we are helping them assess how climate risks affect women and others who are already vulnerable. we are also working with governments to eliminate o

david: the many people do not know what the imf and the world bank do. so can you explain what they do and why they are different and why we need them? kristalina: at the end of the second world war in a beautiful place in new hampshire, enlightened leaders came together and said we have to help the world not get into war. and to do so, we need to help the economy to perform better. and they created these two institutions. the imf, with a mandate on financial stability, growth, and employment. and the world bank, to invest in reconstruction of then-war-torn countries. david: so your job at the imf is, let's take a country that has financial problems. their economy is weak or they have other crises. you can help them through that difficult time by lending them money. you have about 270 billion dollars outstanding. do you actually get paid it back? kristalina: the loans we provide are with very attractive interest rate because the extent is to help each other for the with a helping hand. poorest members, we charge no interest. these are much softer than tra

more than $100.00 developing countries that are home to 70 percent of the world's population have access to the aid and the world bankhas 150000000 people could be pushed into extreme poverty by next year because of the pandemic let's bring in clements he's a professor of infectious diseases at curtin university in perth australia professor great to have you on the program let me start by asking you how significant is this coded fund provided by the world bank and how the bank decide then on which countries get this money because that's really the key issue here isn't it. yes well it's a very positive development so it's something to see now the building blocks think put together for the the financing and distribution of the back saying globally and so this is a critical part of that of that. entire endeavor so the announcement was late for funding for the for the distribution of the open over bets and gives as you rightly ask how the question then arises how they how are they going to go about distributing the funding in the statement they released they make reference to you know their experience with other taxing c

the world bank has approved $12000000000.00 in new funding for developing countries to buy covert 19 vaccines. the financial help would also be used to test and treat people for covert 19 it's part of a $160000000000.00 program to help nations fight the coronavirus pandemic in the world bank announced the financial package in march at the time that several countries were under strict lock down the packages staggered over a 15 month period to help low and middle income nations deal with health economic and social shocks due to the pandemic more than 100 developing nations home to 70 percent of the world's population have access to this aid the world bank has warned 150000000 people could be pushed into extreme poverty by next year due to the pandemic millions of people have already lost the job stews and lockdowns over the past few months now she clements is a professor of infectious diseases at curtin university in perth australia he says that international organizations will have to work together to ensure a vaccine a widely available. it's a very positive development so it's somethi

the wealth of the world's billionaires has reached record highs of the peak of the coronavirus been demick a new report by swiss bank u.b.s. says the elites have done extremely well during the crisis that's millions of people are losing their jobs or struggling to cope. another report by the world bank expects extreme poverty to rise this year for the 1st time in more than 2 decades up to a 115000000 people could be pushed into that category living on less than $2.00 a day the stark findings come amid rising concerns the coronavirus crisis is only going to deepen your ning income inequalities let's have a look at some of the conclusions billionaires have mostly benefited from the generally strong performance of global stock markets since late march their wealth jumped by more than a quarter from april to july hitting more than 10 trillion dollars industrialists elevators in technology and health care are the biggest winners china's billionaires have increased their wealth by the largest percentage in the past 11 years but the biggest accumulation of wealth with mainz in the u.s. on the other hand of this cave corona

glowing welcome to the show i'm stephen beers in berlin it's good to have you with us or the world bank is sounding the alarm of the towering debt levels in developing countries weeks after zambia skipped a payment to private creditors world bank president david moll pozen a virtual speech to the frankfurt school of management calling for more countries to join a debt moratorium as well as private creditors who make up a growing portion of lenders in africa must also call for an international joint action plan for debt reduction by year's end of the push comes one week before the world bank's annual meetings. of the president of the world bank joins me today from washington david welcome to the show it's great to have you as always david i want to start with zambia which i just mentioned missing a payment to its private creditors despite participating in this loan moratorium brother's death moratorium program sponsored by you and i.m.f. why is that moratorium in their case not enough. hi stephen i thought that mandatory. helps a lot but remember what it does is dip the payments and quit

pandemic more than 100 developing countries that are home to 70 percent of the world's population have access to the aid and the world bankhas warned a 150000000 people could be pushed into extreme poverty by next year because of the pandemic well archie clements is a professor of infectious diseases that curtin university in perth australia he says international groups who have to work together to ensure vaccines are widely available it's a very positive development so it's something to see now the building blocks think that together for the financing distribution of that same global it will have to work with. just the international bank it isn't what is developing in distributing credible respects ain't so one would expect. the world bank and other multilateral organizations will work. to link all of those things together the production the distribution the financing and and the financing of oh god that's 8 so i'm none of these organizations can operate in isolation they don't need to work together you can look to other examples of multilateral funny organizations of funding mechanisms for global public health programs

so the world bank is sounding the alarm of the towering debt levels in developing countries weeks after zambia skipped a payment to private creditors world bank president david moll pos in a virtual speech to the frankfurt school of management calling for more countries to join a debt moratorium as well as private creditors who make up a growing portion of lenders in africa i'm up us also called for an international joint action plan for debt reduction by year's end and the push comes one week before the world bank's annual meetings. are let's take a quick look at africa and just how much much its debt burden has grown in recent years now between 20102800 foreign debt in sub-saharan africa almost doubled to just under 6 trillion u.s. dollars i don't believe we have the picture therefore if you have to listen to me that means that many of those countries who have to spend more on paying back the loans as well as the interest on them and that it doesn't leave much room for those countries to make much needed investments including in medical supplies or economic stimulus and china is one o

years not just 70 and jury at all to serving at the different international been easy sheens like the world bank and the rockefeller foundation as well as the different boards that she has gone but i think more is really the fact that she has and recognition for improving financial stability in the different roles that she has served in and also for storing fiscal transparency and that any age if you look at what's going on right now globally i mean with the carbon 19 prices this is just put the global economy into a sort of recession and so is she probably going to have to pull up her strengths and show as much you can do in terms of integrating countries as well with protectionism coming to the fore more from countries like the united states and china trade was she's now going to have to play the role of unifying and a lot of roof on as well that is going to be expected from her africa and also expecting that she's going to put a case for them. as a result of being african from the african continent but whether or not she'll be able to do that we cannot tell that hopefully if she gets the supp

importantly,rt, she is chief economist of the world bank's june. just another step in a long career of analyzing the world's economy. the trends and forces that shape it. and importantly, the author became the landmark tome -- the author of the book that became a landmark tome -- i want to mention that book and time because we are now in what you call the pandemic recession. you say it is hard to model. it has no precedent. already, people said v-shaped otherries, w, every letter in the alphabet. with the virus still active and people seeing no vaccines, they are starting to recalibrate their expectations for growth, for what they are wanting to call a recovery. what do you see? carmen: even back in march, kathleen, i was highlighting crisis being driven by the disease is very difficult to predict how long it would last. my expectation back then was s impact would be long-lived. this did not start as a financial crisis but it is morphing into a major economic crisis with very serious financial consequences. kathleen: is there a risk it's going to mo

like the world bank and the rockefeller foundation as well as the different boards that she has gone but i think more is really the fact that she has and recognition for improving financial stability in the different roles that she has served in and also for storing fiscal transparency and that in itself age if you look at what's going on right now globally i mean with the carbon 19 prices this is just put the global economy into a sort of recession and so is she is probably going to have to pull up her strengths and show as much you can do in terms of integrating countries as well with protectionism coming to the reform or from countries like the united states and china trade was she's now going to have to play the role of unifying and a lot of roof form as well that is going to be expected from her africa also expecting that she's going to put a case for them. as a result of being african from the african continent but whether or not she'll be able to do that we cannot tell that hopefully if she gets the support that she needs to be able to do that briefly if they can can you tell

where she is the world bank's director of the poverty equity global practice coding a great to have you on the program so what exactly is pushing the middle classes back into poverty do you think what the emerging evidence about the impacts of coverage 19 and the associated economic crises on household does is that these impacts are significant they're felt broadly and they're likely and i seen very fast our projections suggest a bag of in 1000 will push between 88 and a 115000000 people into extreme poverty these year and that number could go up to 150000000 in 2021 and these new poor mostly will reside in middle income countries and look a little bit different from the existing poor meaning those that were poor before the current crisis in the sense that they are relatively more her than their relatively more educated they didn't to work in the informal service and construction sector they are not however coming from the middle class and instead we see these groups who was are the most affected what we call the economically in secure and sometimes the s. by the middle class and then s

the world bank is still in oil fields despite pledging to fight climate change. that's binder -- that is in a report. they spent billions on oilfield after the paris climate accord. lebron james has led the l.a. lakers to its first nba title in a decade. the team beat miami in game six for a record equaling 17th title. james was m.v.p. for a fourth time with this 11th final triple-double. that is where they get double digit in three different categories. nba title withhe miami, cleveland and the lakers. global news 24 hours a day on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 countries. i'm leigh-ann gerrans, this is bloomberg. >> the u.k. prime minister set to announce new coronavirus alert levels today. boris johnson will undergo plans with areas of medium, high and very high alert. the u.k. central bank has said it isn't currently plan to cut rates below zero, but is doing the groundwork on the issue. is head of research at blackrock investment institute. thank you for joining us on this monday morning. wh

poverty and security the world bank is also warning there are 3rd year engrave around the world already in pakistan or have a impact on the country's economy something that has become a source of criticism particularly for the opposition parties who are now blaming the government for mismanaging the economy they're threatening to large protests across the country and added pressure on the government to resign the people are already complaining that the prices of essential commodities have shot up by the prices of groceries like wheat rice sugar and even the vegetables have gone up and sometimes it's hard to buy we had high pain in one cons government but unfortunately things have gone from bad to worse than. inflation and unemployment has made our lives miserable i mean in $2.00 to $3.00 a day but i can't afford to buy things for my family due to the high cost of daily commodities the government said it is confident that it will be able to mitigate the effect on the economy the opposition may be hoping to capitalize on the people . who are fed up with driving fuel prices of essential co

david malpass there, the world bank president. acobs, "some of the president's closest aides sensed on wednesday that the president was feeling poorly. some chalked it up to fatigue from the intense campaign schedule. others worried that he had the coronavirus." from new york and london, this is bloomberg. ♪ >> this is a new bull market, and ultimately this will be a dip to buy. >> people don't like the fact that they don't know what their next three to six months will be like. >> it is possible for on them limit to rise and for gdp to grow at the same time. >> the fed is going to have to be highly accommodative for many years. >> we are not out of the woods, but things are slowly grinding higher. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. good morning, everyone. "bloomberg surveillance." a most unusual jobs

here is the idea that we need to create a set of rules that prevent digital currencies from being outside of our control outside our manipulation a central banks and really outside of the world of innovation as soon as central banks get involved what they do is they limit innovation and they limit choice within the market because they don't want financial choice when instead it really becomes about what we've got to protect against money laundering we've got to protect against privacy we've got to protect against volatility and so we've got to create a stable coin a lot of this goes back to kind of what they spoke has been trying to create right this libor a project that they've worked on which is we're going to create a stable coin that will be pegged to and tied to central banks so that in the future the prices are really go up or down in it which means that ultimately it is run by the banks for the banks and not by the people for the. kristie not to be done by the coming wave of central banks adopting digital currency the european central bank president christine the guard said monday the e.c.b. is very very seriously looking at the creation of a digital euro are we going

really, an ambitious aim by the world bank to try to eradicate the spread of the pandemic globally. a scheme to buy back your unwanted bookcases, and certain other of its furniture items you no longer need or want. under the plan, it will offer vouchers worth up to 50% of the original price, to be spent at its stores. hyundai motors has appointed euisun chung as group chairman, in a move likely to steer the world's fifth—largest carmaker towards electric vehicles and flying cars. injuly, chung set a goal to win more than 10% of the global market for electric vehicles by 2025. cyprus has announced it will suspend its golden passpor programme offering nationality to wealthy foreign individuals, after a media sting exposed politicians pledging to help the application of a fictitious chinese investor convicted of money laundering. cyprus has raised more than 6 billion euros from the scheme, which offers citizenship to foreigners prepared to pay at least 2 million euros for a property. let's now talk about the trade row brewing between the european union and the united states. the eu may

the total debt burden of the world's poorest nations was up nearly 10% last year to a record $744 billion. that's worth the world bankrt today. there talking about extending the debt and having the g20 extend the debt which they agreed to extend until the end of 2020, but the imf and world bank in particular saying until the end of 2021 at least. television,omberg david was stressing that you have to help the poorest nations , shortfalls in the building that could turn into a sovereign debt crisis. getd saying it's great to banks and private entities on there holding many of the debt set these countries have taken on, they have to step back and join the big banks in suspending debt payments, and of course he says the leaders of the poor nations have to speak out and say we need this and we need it now. the poorest nations are accumulated debts wife's -- class as fast as other low and middle income countries. there are 73 on the world bank's list and they want to make sure this doesn't cause more tension. haidi: some are seeing a different debt threat, calling spending fatigue. kathleen: that is what is happening, as

what do you need from the world bank? need from the international monetary fund to get to a vaccine, to get to the other side of this crisis? ernest: i think that the question of financing, if you look at the impact of the crisis the bulk of it has been on government expenditures. the government has had to roll out a lot of programs to support the society and the economy in terms of mitigating the impact on households and businesses. get about $1 billion from the imf credit facility at the beginning of the year, but it was quite clear that we would need much more than that. in effect neutralizing the coronavirus. when you look at the euro bond market it could remain fairly inaccessible to ghana. what does that mean for the stability of your currency? us we: fortunately for have a well diversified economy. ofyou look at the beginning 2020, other than oil which has been impacted by the decline in crude oil prices, we have done relatively well with exports. steady been able to hold -- the plan is to build more reserves this y

had anywhere the numbers only seem to be going up every everywhere you look a year or so ago the world bank predicted that the whole region economies in the region would grow by 1.8 percent they've now revised that talking about a 7.2 percent drop across the region and we're already seeing the consequences of businesses closing tens of thousands of people losing their jobs and many many people moving having to move out onto the streets. u.s. president donald trump has cast an early ballot near his private resort in florida he went to a polling station in west palm beach and once again called into question the legitimacy of mail and ballots without any evidence florida is a crucial battleground state more than 57000000 americans have already voted with 10 days to go until election day. it was a very secure vote much more secure than when you send in a ballot i could tell you that everything was perfect very strict right by the rules when you send in your ballots could never be like that you'd never be secure like that they've done a fantastic you have a great people it's so but it's an honor

choosing us this is ahead as if all that psychological strain of the pun demick isn't enough now the world bank says over 100000000 are on the brink of extreme poverty because of the economic downturn but some people are still break in the cash too it's an unfair world and it's ahead. join me every thursday on the alex island show and i'll be speaking to guest of the world of politics sports business i'm show business i'll see you then. i get almost a quarter of americans say they have less than 3 weeks of money reserves left meaning many could run out before november's presidential election a service found a president trumps announced tuesday they'll be no coronavirus stimulus talks with democrats until after the vote though it's not only in the u.s. of course for the pandemics widen the gap between rich and poor is double quarter explains. over a 1000000 people across the globe have died from coronavirus related causes says billions more continue to struggle with the pandemics economic consequences things are looking up for the world's billionaire minority for the 1st time ever their collecti

the world. i've served on the board of five companies, and i've led multimillion dollar investments alongside the u.s. government, the world bank, and for tune 500 companies -- fortune 500 companies. previously, i worked for mayor ed lee and serves as san francisco -- served as san francisco's first ever pedestrian director. we were able to cut red tape, and we delivered more than 13 miles of improvements, on time and under budget. i led our neighborhood emergency response to covid-19, and we've distributed over 5,000 masks. i've been endorsed by dianne feinstein, and former district 7 supervisor tony hall. i respectfully ask for your number one vote this election. thank you. >> hi. my name is myrna melgar, and i'm a candidate for the board of supervisors district 7. i am a mother of three girls and have lived in ingleside terrace with my family for the past 2e7 yearten years. i was a legislative aide to two members of the board of supervisors: jose medina and eric mar and also worked for mayor good afternoon newsom. i was -- gavin newsom. i was also the president of the planning commission until january of this year. the polic

the world bank says over a 1000000000 people face a heightened risk of the coronavirus due to substandard living conditions in slums and other informal settlements like in brazil. this is their concerts the population here most in years very high it's believed according to our weekly experience that the contamination index on the positive index are hard to take his grandmother day out to eat it's all that. i my job joined me from the. post. keeping your distance is almost impossible in an overcrowded slum. the world bank says over a 1000000000 people face a heightened risk of the coronavirus due to substandard living conditions in slums and other informal settlements like in brazil. the population here is very high it's believed according to our weekly experience that the contamination index and the positive index are high. the united nations says urban slums a highly susceptible to covert 19 due to a shortage on availability of clean water sanitation housing and other basic necessities. welcome to the show and in berlin for the 1st time in history more people now live in urban areas than

accessible to funds from the international monetary fund from the world bank from. other international investors there's been a food crisis there's been a horrible floods this is important for sudan because of what has happened within the context of. the joint civilian military council since omar al bashir. left office it's and it's an important way to prop up the. council and so this is something that is extremely important for sudan for israel. is another feather in the cap which works to lower the spiral of insecurity in the region of least somewhat. with iran with respect to israel and saudi arabia being a predominant threat it boosts the domestic politics condition of benjamin the 10 yahoo and it also puts pressure on the palestinians to come to terms i think that these recent developments in terms of normalization of relations with the united arab emirates with crane and now with normalization of relations with sudan really puts the pressure on. 2 or mahmoud abbas to come to terms or risk being left behind as history unfolds in the region in ways that continue

francine: that was the world bank president, david malpass. the first day of the world bank/imf meeting. half of the banks are focusing on what j&j announced, halting trials of the covid-19 vaccine because of a nondisplaced -- of an unexplained illness. it is weighing a potential setback of progress toward coronavirus vaccine. we also have a busy period for corporate earnings. i'm looking at dollar treasuries advancing. more bloomberg surveillance. ♪ francine: pause. johnson & johnson halts its covid-19 vaccine trial after an unexplained illness in a participant. futures slip. china's rebound. exports and imports rise in a sign of a robust domestic recovery in the world's second-largest economy. and there are three weeks until the u.s. election. president trump returns to the campaign trail in florida. good morning, everyone, and welcome to "bloomberg surveillance." i'm francine lacqua in london. tom keene is in new york. i know we have the banks that we have to spend a lot of time on, but we also see trials halted temporarily by johnson & john

lebanon for being called in direct talks both sides claim parts of the mediterranean coastline the world bank has approved $12000000000.00 in new funding for developing countries to buy covert 19 bank seems the financial help will soon be used to test and treat people for covert 19 it's part of a $160000000000.00 program to help nations fight the coronavirus pandemic flooding in central vietnam has killed at least $28.00 people torrential rain has inundated villages to estimated that 100000 homes have been submerged rescuers are now trying to reach people trapped by the flooding situation is likely to get worse. those are the headlines more news for you after inside story next he began with a move and just here i got shot i fall down i felt like i was that a documentary filmmaker once granted unconditional asylum contrasts his experiences with those seeking refuge today and intimate you know of the consequences of the east policies of detainment is really unnecessary all this misery they cannot absorb this number that people have to suffer and in this way it is unacceptable and refugees take

the world's poorest. to $744rt is up 9.5% billion. the president of the world bank in the 2020 recession compared to 2000 hp he says develop -- 2008. ofpoints out that on top fighting the virus, jobs are lost and there is food scarcity. remittance is down. problems are getting overwhelming. let's listen to what he told us earlier in an exclusive interview. the activity level of the world for many countries is down 10% from what it was a year ago. that means health problems for children, they are out of school, not getting vaccinations. ismany cases, malnutrition on a steep rise. malpass and his colleagues are asking the g20 at this meeting not just to extend the debt suspension through the end of the year, but the end of 2021. the team is talking about the need for eventual restructuring. importantly, hedge funds, china, you have to hop on too. you are holding a lot of debt and you have to agree to suspend payments. he says the leaders of the poorest nations as well have to speak up and speak out about how great the need is for -- need is. tom: unlike the poor natio

the pandemic in developing countries the organization said in a statement released tuesday now the world bank says its emergency response programs are already active in more than $100.00 nations worldwide this pledge comes amid concerns that the world's most developed countries have already acquired most of the supply of a potential vaccine through the end of 2021 leaving poorer nations without the ability to get vaccines when one is approved. and you tube announced wednesday it would remove any videos which contain misinformation about covert $900.00 vaccines the platform says it will remove post with claims that these vaccines will kill people cause infertility or implant microchips into those who receive them on a broader note you tube says it will ban vaccine related content which goes against the guidance of local health officials and the world health organization this news comes after facebook made a similar move tuesday banning ads that discourage the use of accedes social media diet has been recently taking steps to police content on their platform facebook however did say they will a

the chief economist of the world bank sharing her outlooks for the world economy.o shut public squares from 9pm to halt gatherings, as he unveiled a further package of measures to try to slow a sharp rise in covid—19 cases. as daily cases in italy hit a new record on sunday, conte said the situation had become "critical" but his government has been determined to avoid a repeat of the lockdown imposed at the start of the crisis in march. democrats in the us say they're optimistic that a coronavirus relief package could be pushed through before election day, if lawmakers agree on a plan within the next 48 hours. for weeks, talks between house speaker nancy pelosi and treasury secretary steven mnuchin have dragged on. they differ on the size and shape of the package, even as the virus spreads across the united states, and millions of americans remain unemployed. stay with us on bbc news. still to come: wax up that surfboard — we're taking you surfing in senegal, where riding the wave of the global pandemic has proved challenging. a historic moment that many of his vic

uganda tanzania and rwanda are preparing to merge their stock markets and the project is funded by the world bank and the aim is to make cross border trading easier tanzania's stock exchange features $27.00 companies with a combined market cap of $6500000000.00 uganda has 17 together with more than $5000000001.00 has 10 publicly listed companies have a combined value of 3 and a half $1000000000.00 now adding all that up the new joint exchange will be worth around $15000000000.00 and you can see behind me for a comparison kenya stock market is worth $22000000000.00 alone now the country was actually supposed to be part of the plans for joining us change but later pulled out and it's not only east african countries that are forming closer financial ties 8 countries on the other side of the continent have already joined an exchange together based in abi john that's the economic capital of the ivory coast. now for more on this let's go to our correspondent in nairobi joy tureen beera. she's here there she is joy good to see you as always help us understand what do these exchanges gain by joining toge

the world bank says the coronavirus pandemic is expected to drive a 3.3 percent contraction in sub-saharan african economies and could push 40000000 africans there into extreme poverty the washington based lender added that the sub-saharan region also sees some of the most destructive impacts of global warming . samsung earned more than $10000000000.00 in the last quarter a jump of almost 60 percent from a year earlier that according to the korean electronics maker the chip orders from huawei propped up sales of the chinese smartphone makers efforts to build stockpiles ahead of u.s. sanctions in mid september. and to indonesia now were demonstrations against the controversial new labor law have turned violent with protesters clashing against police but the new legislation cuts corporate tax rates and slashes regulations and it was rushed through parliament on monday critics fear the new law favors investor it's at the expense of workers. long live labor the cry indonesia is in the grip of protest for days angry workers have been dining there too and chalking up streets across the country t

there's still no deeply accepted definitions of terms such as climate refugee even though the world bank predicts that mexico and central america will have at least 1400000 internal climate migrants over the next 30 years and many more who will migrate abroad. the number of guatemalan migrants registered at the southwest us border has quintupled in the past 3 is. taught me is an awful who writes about security policy on climate change he's been observing developments at the u.s. mexican border for years. if you go along the 2000 mile us mexico border there's about 650 miles of either walls or barriers of some sort there's all kinds of technologies billions and billions of dollars and technologies from high tech cameras cameras that can see 7 miles away radar systems drones there's a fleet of approximately 10 drones there's other things that you see in any u.s. military operations there's been a lot of this kind of transfers from conflict zones abroad to here. now the united states has a.