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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (4803)	3/15/2020 2:25:45 AM
From: elmatador	Respond to of 13802

Hi Bob, I have been making my own observations of the geographies and make projections on how the Covid-19 script will play. We know what happened in China and Asia in general, We are discovering how Covid-19 is developing in Europe and starting last week in the US. Those are the 3 most globalized regions. You know with the biggest number of flights East <-> West mostly. Business and holidays huge movement of people. Secondly we have the less globalized regions. Africa and LATAM not as big number of flights North<->South Less number of Business and holidays traffic North<->South gave then (so far) a certain isolation to Africa and LATAM. That is my theory. Next I made a projection of how the LATAM and African countries will react or how Covid-19 script will play on in these regions. LATAM and African consumer buy less volume of goods. Not like the US where people buy huge amounts and the packages are big. Therefore only a few people will stockpile and clean up the supermarket shelves. I give you an example. In Nigeria a riot (and they have them frequently) lasts 72 hours tops. Because the families and businesses need to restart to keep themselves going. The big employers (Small and Medium Enterprises) will go under in a matter of days in LATAM and Africa. As a result of the above Covid-19 will play differently in the Southern hemisphere. I am keeping my ears to the ground and my eyes on the horizon...

To: robert b furman who wrote (4803)	3/17/2020 6:32:53 AM
From: elmatador	Read Replies (1) \| Respond to of 13802

Hi Bob! Positive effect of Covid-19. The climate campaign is at risk of stalling as the pandemic and global economic crisis deepens. European Central Bank President Christine Lagarde once spent more time talking about climate change than inflation. It happened during a press conference in Frankfurt less than two months ago, but already feels like something from another century—or planet. Climate Push Loses Momentum as World Fights Coronavirus By Laura Millan Lombrana European Central Bank President Christine Lagarde once spent more time talking about climate change than inflation. It happened during a press conference in Frankfurt less than two months ago, but already feels like something from another century—or planet. In the days since, the novel coronavirus and an oil price war between Saudi Arabia and Russia have rocked financial markets and brought the world to the brink of an economic crisis. Understandably, these two extraordinary events have grabbed global attention. Yet the trickle of concerning climate news has not slowed. A new study published last week in Nature Communications suggested tipping points—irreversible changes that could reshape ecosystems such as forests and coral reefs—may happen sooner than previously thought. TheWorld Meteorological Organization also warned that about 22 million people were displaced by extreme weather in 2019, up from 17.2 million the year before. The United Nations won’t hold any face-to-face climate change talks until at least the end of April, as part of the effort to contain the coronavirusT, according to Climate Change News. An EU-China climate summit due to take place at the end of the month has also been postponed. Such events are essential for governments to draft agreements in advance of the UN’s next global climate meeting, scheduled to take place in Glasgow in November. The COP26 conference is particularly critical, as all signatories are supposed to present even more ambitious plans to cut greenhouse gas emissions than called for under the 2015 Paris Agreement. So far, only the Marshall Islands, Suriname, Norway and Moldova have presented such plans, according to the World Resources Institute. The climate policy push is at risk of stalling on a national level as well. The U.K. scaled back plans to put environment at the center of its budget last week. Spain, which has made climate change a central part of its political agenda, halted all legislative activity for at least two weeks and declared a state of emergency over the weekend. Despite the temporary setbacks, European Commission president Ursula Von der Leyen said last week that the European Union remains committed to its Green Deal, a moonshot plan to make the bloc carbon neutral by 2050. “Clearly we cannot ignore what’s going on globally,” said EU Environment Commissioner Virginijus Sinkevicius on Bloomberg TV. The global “climate emergency didn’t go anywhere. But transforming the economy is a titanic effort, requiring all the pieces to move in perfect coordination over an extended period of time. Until now, public policy and private investment have pushed each other to advance climate goals. Whether all the stakeholders involved can deal with the immediate shocks while keeping long-term goals in sight remains to be seen. “Now we have coronavirus and every three or four years there will be a significant shock that governments will need to focus on over the short term,” said John Ferguson, director of macroeconomics at the Economist Intelligence Unit. “It’s no one’s fault, but that can throw certain countries off course. Let’s remember this is a goal about 2050.” Laura Millan Lombrana writes the Climate Report newsletter about the impact of global warming. — With assistance by Jeannette Neumann