Hi, my name is Leon Roe, currency trader and trading coach at Trading180.com And welcome to this week's supply and demand forex and gold fundamental and technical analysis if you're new or warm welcome to you And if you're returning an equally warm welcome to you and if you enjoy and find the content I provide useful every week, please don't forget to like subscribe and share It's a free way to really support the channel and gets the quality content out to you know The traders that that really need this kind of information where we combine fundamentals and Technicals to make the best trading decisions. So before we get into the nitty-gritty I just wanted to really answer and go over this poll that I about a month ago and The question is what does a dovish central bank want to do with the valuation of the currency and 24% of people said make currency appreciate and 76% said make the currency depreciate and the 76% of you out there who voted for that Make the currency depreciate are absolutely correct And this is really important a lot of traders generally will not really understand why they should know this stuff And this stuff is a when I say this stuff I mean fundamental analysis because in the medium to long term. This is what drives the value of a currency now a dovish central bank will want the valuation of The currency to depreciate. Why is that the reason why that is is because Sorry for go to the next slide right Actually matter of fact first of all before we get into what why there is hawkish Let's let's get into what hawkish and dovish actually is so hawkish policy makers tend to focus on controlling inflation As a primary goal of monetary policy monetary policy meaning whether they're hiking holding or cutting interest rates dovish policies are more concerned with promoting economic growth and job creation So hawks and doves both use interest rates to achieve their policy goals So a hawk or so a dovish If the central bank is dovish on policies They're more concerned with promoting economic growth and what they need to do is actually when they're promoting economic growth Is make the the the value of the currency d value right and depreciate They don't want an expensive currency. Yeah, you do not want an expensive currency in In a recession when you're promoting trying to promote economic growth right and job creation In fact you want a cheaper currency. So a dovish Central bank yeah is concerned with depreciating the currency as we go back to the 72 right they make the the concerned about making the currency Depreciate yeah, they don't want the currency to appreciate because an appreciating currency is not Advantages when promoting economic growth. Yeah anyways, let's get on to what we usually do and what we're here for which is Understanding the fundamentals in the way that we trade the trading 180 and fundamental analysis we use to establish directional bias and Applying the technical analysis strategies like supply and demand for To time trade entries established profit targets and risk management. So this week In the week ahead and zoom in a little bit All eyes turn to the US employment report next week, which is going to be very important Which will probably add to signs of a continued labor market recovery as well as worldwide Manufacturing and services PMI service Survey, sorry and second quarter GDP updates for Canada, Brazil, Australia And Switzerland is what we're concerned with so Canada, Australia and Switzerland in the pairs that we are some of the pairs That we look at elsewhere key data to watch for include US factory orders and construction spending eurozone inflation That's going to be important and business morale Germany retail sales Japan industrial production and consumer confidence and Australia and in the foreign trade figures So lots to watch out for even though We do have a bank holiday here in the UK the markets are put to be quiet But I think towards the end of the week the main Data really to watch is US employment and we'll get into I guess the Jackson hold in the sec but It's really important for the US to look to potentially they're looking to taper and high crates that employment Yeah continues to grow, but we'll get into that as we look at the charts anyways guys Let's get into in fact the technicals in looking at the dollar index and the dollar index So so this week from a technical analysis perspective We've you know, we're basically on a bit of a pullback You think about when you see What we've been doing since you know may been on this, you know higher highs higher lows being made Right, and we're basically on a pullback, right? So the question is is is Where will prices go, you know in in the medium to long term in the short term? Prices can be very random and this is due to banks accumulating liquidity hunts And trying to avoid really slippage right but in the medium to long term We should want to see a higher dollar if the data supports the narrative So the data as far as positive economic data will pressure the Federal reserve to want to actually look to taper and tapering which is reducing bond purchases is positive for a currency So you should again see prices go higher if the data supports the narrative if jobs Confirmed that the economy is growing. So let's look at what happened this week so that all eyes were on Jackson Hole and Powell says taper could start in 2021 so this year with no rush on rate hike So reduction Sorry reductions Not intended to signal as a signal. Sorry on rate hike He says and Fed chair speaks Friday on virtual Jackson Hole symposium. So the Federal Reserve Chair Jerome Powell said the central bank could begin to reduce or begin reducing its monthly Bond purchases this year though. It won't be in a hurry to begin raising rates thereafter. Yes So basically the the economy has now met the test of substantial further Progress towards the fed's inflation objective that Powell and his colleagues Said would be a precondition for tapering the bond buying while the labor market has also made clear progress Fed chair chief said Friday in a virtual speech to to the Kansas City feds annual Jackson Hole symposium, so Again, the economy they're saying the economy is on the right path and If it continues then what you should see is again a reduction in bond purchases which actually is positive or should be positive for a Currency because that should lead to a rate hike at some point in the future and rate hikes are designed to appreciate With the effect of a rate hike is to appreciate the currency right now Again, none of us know nobody knows what prices are going to do in the short term Yeah, but in the medium to long term you'll start to see prices play out So then you can start to say alright, then I want to be long. Where do you want to be long? Right, is it going to be this level? Yep Does it work out? Nobody knows but if it does then brilliant if it doesn't then you're looking at this demand zone and really demand zones are just areas of potential and past Bargains right because we know for a fact that prices down here at this point on the dollar index Which is a measure of dollar strength against other, you know major currencies like the euro the yen the pound You know made higher highs from here So it was seen as an absolute bargain Now if prices come back down to one of these demand zones Is it going to be seen as another bargain? And if it is and brilliant, you know if you're if you're long now again there is always the The the possibility that jobs comes out as negative, right? And if it comes out as negative what that means is that the tapering for the Fed The Fed tapering probably may be delayed And then the market has to reprice what the dollar is worth if the Fed do not taper this year, right? And that would probably mean more of a sell-off and there's no technical analysis Zones although we use technical analysis to enter and exit trades and to scale in and out Etc. There's no technical analysis That's going to work if you don't get the fundamentals and sentiment, right? This is the reason why we focus on the fundamentals because it gives us an overall direction Path of least resistance and the trend we can identify these trends Which I've been talking about since around here buying the dollar since you can go back to my videos Around this time period here and I've said that we were going to go long on the dollar and this is because at the time Jerome Powell Federal Reserve signaled at tapering right they signaled at tapering here This is the reason for this price action And that's the reason why if you were buying the dollar all you had to really look for is just demand zones Not necessarily on the dollar index, but on other dollar currency crosses But the point being is that we have to understand what's going on fundamentally Yeah, and risk sentiment wise for us to determine the direction of travel and then Decide whether we want to be long at demand zones or short at supply zones Now I will change my bias if for example, you know The data is poor in the in the short term and try to maybe look for supply zones But as long as the data supports the narrative I mean the power for these resistance is to the upside on the dollar anyways looking to the dollar yen and dolly again Again, we're in between really this this demand and supply zone Again that my bias is to the to the upside you can pretty much see what's been happening We did get a bit of a pullback and there is a You know prices have been making higher highs But for me waiting for a bit more of a pullback before looking at getting long if I can this 109 area Probably down to 1 0 8 60 40 area is really ideal For a nice buy if we can come down there If you do want to get short, I would probably say the best area is the 11 starting from maybe the 11 11 11 area to 11 11 60 for a short Trade and again, that's really based off of either dollar weakness based off the expectation of a Rate high core tapering or for example risk off sentiment, you know prevailing and risk of sentiment is The Japanese yen is basically a flat to safety and the Japanese yen will tend to benefit from in a risk off in environment moving on to the dollar Swiss pretty similar to the Dollar yen when it comes to fundamentals you understand that you really want to be buying You know the dollar at the moment again, not financial advice I can always say what I'm doing regardless of what this big scary engulfing candle is saying All this means is that I can buy the dollar for potentially cheaper, right? So there's an opportunity to buy the dollar in and around here My preferred level would definitely be in and around here if You know the dollar and the data still supports the narrative of a Fed taper So for me, these are the two areas that I'm looking at Getting involved in but if again sentiment does change then getting short at supply zones I think this would probably be a bit of a supply zone not the strongest area of supply at the moment, but potentially It could be if it continues to you know fall here Then that would be a decent area of supply before maybe looking at a pullback and then getting short around there But again for me, I'm looking at probably more long trades the long direction dollar CAD Dollar CAD last week did actually set off from here Yeah, but we still do have actually higher highs and higher lows being made right? Higher highs higher lows being made so although we've sold off and there was an opportunity to get short here from a From a fundamental analysis perspective both currencies are seen as tapering So they're both quite strong currencies, right? Looking to appreciate their currencies. So For me not really a pair that I'm looking at but if you are looking to buy the dollar probably say this is going to be the The area to start to look for buying and I do think that if you are looking to sell the dollar and buy the Canadian dollar I think this actually is a really really nice area to look for any kind of short trades I do like that as a as an area to look for short trades Although technically anyway, although fundamentally, I'm not really keen on that pair dollar sorry, New Zealand dollar US dollar and We did bounce off of this demand zone right here really nice and in fact, I think I was saying in the group that that area was actually really nice for a potential Because we had not only demand, but we had an area of support and resistance Institutional level I guess Because that's where they you know are seen trading right the bigger moves on a daily timeframe chart is where You know the institution is definitely are so that was a really nice area of demand Bottom area of this area here this 0.6 actually was a round number right so pretty much the 0.68 round number is where it started to bounce from also as well the New Zealand dollar are looking to hike rates and This is pretty much what we've seen because they are you know starting to hike rates I'm going to actually just remove that and then create a new demand zone here and We've also got another one right there as well. So any pullbacks to demand I think are going to be really nice buying opportunities. Although the dollar isn't necessarily the best Pair to trade against Well, the US dollar isn't the best pair to trade against the New Zealand dollar I think the New Zealand dollar is is is miles ahead of the the US dollar in terms of monetary policy So any pullbacks down to here I think are would be actually be quite a nice area and those of you who are in the private mentoring group will recognize this area here as a Breakout CPR as well. So there's there's lots going for this for this area Down here But if you do want to get short on this currency pair, then I would probably say Where we are right now potentially is actually quite nice for a potential short as we did make prices did actually, you know Drop quite severely. So there's definitely a nice hard-out perspective With price so but I think the path of the resistance is going to be more to the upsides because the New Zealand dollar is one of my buyers And the currency that I am buying not necessarily against the dollar more against it Something like the Swiss franc and the Japanese yen moving on to the pound The pound at the moment again, we've got two strong currencies or say strong but stronger currencies where central banks are looking to potentially hike rates at some point and JP Morgan seem to agree that They move up their UK rate hike forecast after a strong job status So the bank of England may boost rates in the first half of 2022 So again, they're looking to appreciate their currency, right? The call is more hawkish hawkish Remember what we said about, you know, dovish and hawkish Then the median but follows bank of america and hsbc. So JP Morgan Chase Brought forward his forecast when for when the bank of England may raise interest rates saying the strength of the UK labor market Makes a move likely in the second quarter of 2022 So interesting very very interesting. So if that is again, if that data does support the narrative and there are, you know Jobs data still continues to come out, you know, quite robust and strong then you can pretty much You know Say that the bank of England will potentially be hiking rates now. What does that mean for the pound dollar for me? I think the pound are probably just ahead of the Fed In that sense, if they're talking about hiking rates, so any pullbacks I think into fresher areas of demand will be really nice buying opportunities again You'd have to really kind of see the data support that narrative though prices deceptive You can have good news and price can go down You can have bad news and price can go, you know higher in the short term But in the medium to long term you will definitely see what what the The market intends and the way that price was supposed to go. So Not a pair that i'm necessarily interested in on the pound dollar But i'm interested in again buying the pound against other weaker currencies. So So yeah, I think that's probably where we are if you are looking to short this currency pair right now I think it's a nice technical zone right to get short But again, you'd have to really believe that the dollar the u.s Dollar is an absolute bargain at this area against the pound for prices to really kind of reverse with any In any you know meaningful way or you've got these areas here to look for short trades For me, this is a harder pair to you know, try to predict Um as far as the direction because you've got two competing currencies So for me, it's not a pair that i'm really interested in Euro dollar on the other hand is shaping up to be a different story. So Um, you know, we obviously earlier spoke about the um the fed looking to taper and the euro Taper ring is just not on the car on on the ecb menu card yet, right? So they're actually lagging behind when it comes to looking at tapering, right? The latest ecb minutes confirm that at least in july the only thing that easy on the ecb's mind Was the new forward guidance and not tapering the summer of 2021 is clearly the summer of doves Dovish meaning that they want their currency to potentially devalue and depreciate whereas the Um, the federal reserve are taking steps to potentially look to appreciate their currency, right? So With that there is a divergence between The the two central banks between the fed and the ecb and for me the path again of these resistance remains to the downside I think if prices do come up to this 119 area and even even better if it comes up to the 119 50 or the one Just above that area there the 119 75 if prices can come up this high That's going to be a really nice short and again the data has to support the narrative. So You have to have at least good data jobs data out for the us and maybe not so good data out for the For the for Europe when it comes to not only jobs, but things like inflation and And overall GDP right now Um You know your options pretty much are You know start to look for potential short trades, you know now or the level, you know above to get uh To get short as far as uh buying the us dollar if you are looking to buy the euro For whatever reason because the euro could come out the ecb could come out and be actually start to be a bit more hawkish if they do if they do turn hawkish by the way I do think that this is going to be a really really really good Zone to look for any kind of buy trades. Yeah, if they turn hawkish at their meeting Yeah, then I think the upside potential is huge for the euro dollar and I will be switching my bias But it really is dependent upon You know euro European central bank sentiment and what they see So uh, so yeah, let's see what happens with that but for now I think the path for these resistance is to the downside uh euro yen Euro yen again, this is not paired. I'm really that interested in trading Too fairly weak currencies although the yen is probably the weaker out of the two in a risk on environment in a risk off environment The the yen is definitely something you really want to look for Look to buy and look to short this currency pair, but um from a uh from a risk on perspective I do think that um There are better trades. There are better pairs to buy Against the uh the Japanese yen, but if you are interested in trading this I think that's a decent level for a short trade if you are looking to get long again on the euro I think that's actually decent as well. So not really much to say um in this uh for this pair Ozzy dollar and Ozzy dollar, um There's a bit of proof of value right here Proof of value meaning that there's definitely some buying some strong buying going on because we did have this You know sharp move to the downside and all of a sudden we've got a strong reversal so there's definitely A lot of buying within this uh 71 50 to 71 round number area So I do think that if you do get a bit of a pull back into this zone here and again with um With the Australian dollar, I think it is a bit undervalued They have suffered from potential, you know what's their potential, but they have suffered from lockdowns But I think they are one of the currencies that if they start to you know, get their act together Get the vaccine roll out and they really start to outperform. I do think the Ozzy is Is a buy is is a really really good buy From a commodity currency perspective but um Again with this pair similar to for example the the the pound dollar Actually, no, I wouldn't even say similar to a pound dollar. I think probably for now I think the the the US dollar is the one to probably buy for now until you do have The Australian dollar does start to get some good data I do think the the US dollar is probably ahead of the Australian dollar the rba When it comes to monetary policies So partly his resistance is still to the downside. You can see where the trend has has been right And uh, yeah anything in and around this area decent shorts But once the Australian economy does get going and they managed to sort out their their their Delta variant and the spreading of their delta variant in their country I do think that this this area here is going to be a A really great buy against the US dollar Ozzy dollar again similar Uh to the US dollar, but I think probably an even better buy because the Japanese yen When it comes to monetary policy is way behind the curve. Um, so I do think that again any kind of pullbacks to this zone Right this 7850 area Is going to be a really really really nice buy really nice buy if we can get a pullback And in fact, that's probably the the currents. This is a currency pair that I would really pay attention to If we can get some sort of pullback and risk remains on as well as You know the Australian Economic recovery. I think that's going to be a really nice buy um moving forward by the way and just again to to To talk about the Japanese yen again the Japanese yen You really only buy the Japanese yen in a risk off environment So if you see risk off there's lots of uncertainty You know delta variant starts getting out of hand Then you should see prices actually start to fall and I think they're really the closest area to look for any kind of short trades Would be at this 81 25 to 81 65 area and finally gold now gold um reacting to in the short time, I guess To some dollar weakness, but overall I think uh gold may start to set off a little bit depending on obviously what the dollar does um and risk sentiment Gold is out bonds are in for investors Jackson Hole playbook So fixed incomes saw biggest inflow in seven weeks, right data shows and fed to power expected to reiterate tapering likely by year end So bonds are winning over gold in a battle for investors favored haven favored haven ahead of the Jackson Hole symposium according to bank of america corporation, so You've got you know the two main stores of value And safe haven asset plays are gold and bonds the the downside to to gold is that they don't pay a yield and bonds do right? So generally, uh, you would you would tend to have more investors Who want to make a yield will they make a return on their bonds or on their investment, right? So so so bonds government bonds are generally favored over Um over gold when it comes to safe haven place Now, um, if if money is flowing out of gold and into bonds Then, you know, basically you should get potentially some sort of uh pullback, you know or or sell-off Especially potentially if the economy the u.s. Economy has seemed to be growing And um, you know the Fed can get inflation Under under wraps, right? Um, so that's pretty much if if you start to see go. I'm sorry the u.s. Dollar make higher highs for example The effect should be actually um A lower lower gold price as gold appreciates So with that being said, um, again, it's it's a difficult trade for me and something that I wouldn't necessarily look to Buy or sell but it is a way to To to to kind of get involved in dollar strength by shorting gold as well So depending on obviously, you know, your approach why not just buy, um, you know The dollar against for example the end of the Swiss franc, um, you could do that or you could just short gold in favor of buying the uh dollar So, uh, but these are your areas to look for any kind of long or short trades if you continue to see Dollar weakness then these demand zones will be really nice And if you do see uh dollar strength, then currently I think this this this supply zone is decent Or anywhere around here is going to be decent for a uh, a particular Short trade anyways guys, that's it for this week. Uh, hope you enjoyed the the analysis again Please like subscribe press that like button and share with your trading colleagues If you have any, you know trading can be a lonely game Um, but if you do share it and it does get out to the uh to to to those in the uh in the internet world Anyways guys, take it easy. Have a great week. Relax. It's bank holiday tomorrow. Chill out And then get back to work on the Tuesday business as usual. So Have a good one and speak soon


What is happening in Ukraine is affecting the whole world's food security. We must understand that we were already in a world that we have 166 more million people chronically undernourished because of COVID-19. In a world where 3 billion people didn't have access to healthy diets. We know that the world is highly concentrated in terms of exports of cereals, so very few countries have a significant share of the exports to the world. Ukraine and Russia Federation, we are talking that together they represent one third of the world's cereal exports. Not only that, Russia represents 55% of the production of sunflower and they are also key exporter of fertilizers. Basically, North Africa is fully dependent of the imports of wheat from Ukraine and Russia Federation but also some countries in South Asia, for example Bangladesh and Indonesia are key importers of this country. But in total we are talking around 50 countries depend on 30% of imports from these two countries and 26 countries depend on more than 50% on imports of these countries. That's all only talking on cereals. If we talk about fertilizers, more than 30 countries depend on more than 30% of the imports of fertilizers from these two countries. Our job as FAO working together with WFP and other partners is first to assure a humanitarian response to the people that really need food. The second job is to try to assure that at least the planting season, for the next planting season happens, so that we can work with the farmers and try to provide them seeds and fertilizers so that they can keep producing. We need to look at how we can help countries that were food-important of these two countries to diversify the sourcing of food. But at the same time we need to in parallel start building a reconstruction plan for Ukraine so when the conflict stops we can quickly move back into production of this country. We need to start planning now so that we know under different scenarios of potential effects or impacts over the logistics of Ukraine what can be done immediately.


Frontier Fighters. Watch of these dauntless sons of courage who fought and dared that the West might live. More closely linked with the destiny of California than any other two historical figures are Swiss-born John Augustus Sutter and James W. Marshall. In 1847, Sutter dreamed of being an empire builder. Marshall dreamed not at all for he was a humble wheelwright who was soon to be approached by prosperous John Sutter in regard to erecting a sawmill on the South Fork of the American River at Coloma, California. Well, Marshall, it looks like we'll do a little business together, huh? I didn't expect to be made a partner on this new lumber mill. You figure on having me put up for you, Mr. Sutter? No. Well, everybody likes a surprise. You've been a faithful employee, a good wheelwright, honest. You select the site for the mill, erect it, and partners will we be. Now, where do you think would be a good lumber mill site? I've got a hunch that the South Fork of the American River at Coloma would be the ticket. Then that's where it shall be. Like, you know, with a good sawmill and plenty of pine, I should get most of the lumber business from the new settlers coming into California. Well, they all come to Sutter's Fort. You know, you've done right well by yourself in less than ten years. You started with nothing, and today you've got the most important place on the Sacramento frontier. Yeah. God has been good to me. Someday I bring my family from the old country, but not until I make this land of mine mine, who have reached a perfect paradise. All right, my friend, get started. Then South Fork of the American River it is. You don't think 40 miles too far. Well, it's almost in my front yard. Everything is close at home when you own it, and all of New Helvetia is mine. James Marshall started that sawmill on the South Fork of the American River at Coloma in a year of destiny. The summer months wore into fall. Even through the winter, the work of Sutter's new partner drove on. Now it was January at 1848, and the mill was almost completed. However, the mill race, which was an old channel of the river, wasn't deep and wide enough to permit the water to pass the wheel as rapidly as it should. In order to correct this condition, the gravel was worked loose. The wheel hoisted out of gear, and the channel left to be flushed out each night for the action of the current. Early in the afternoon of Monday, January 24th, Marshall called to an Indian boy. Hey, Charlie. Charlie, run, get me a tin plate. Run right away, sir. What do you want with a tin plate, Jim? Oh, just want a tin plate. Well, water's sure pouring down this mill race, ain't it? Water sure is. Looting up a lot of dirt. When do you think you'll get the mill ready for cutting timber? Oh, maybe a month or two, Brown, or three. That might be six months or a year. How do I know?  Here, tin plate, Mr. Marshall. Thanks. I'll be seeing you tonight at the cabin, Brown. All right, Charlie, I'm out. Yes, sir, Mr. Marshall. It's so mad watching some loose dirt in a mill race. Maybe you want the tin plate to make some mud pies. There they are. Those yellow flakes. I knew I wasn't crazy. Those yellow specks are all through this dirt. Just look at them come up. I wonder if I've discovered gold. Marshall, tormented by doubts, let Jim Brown and Henry Bigler in on the secret. Instead of being excited, they were amused. I guess that mud you got down there at the mill, it's just good for one thing, Marshall, mud pies. Henry, don't you believe I've found a gold mine? I'll trade you a drink for it right now. But look what I got out of that dirt in just a few minutes. Why, enough gold stuff to cover a dime. Henry wants you to show him some nuggets, Marshall.  Well, looks like it might be gold, but you can't tell. Here, give me one of them pieces. I'll bite on it. Be careful, Henry, you'll break your teeth. By thunder, it's malleable. Now will you believe me? If this stuff is gold, you'll be rich. Me? Oh, no, not me. John Sutter, he owns the mill. Well, if a lot of fellas get poking around that mill race, then who'll be owning what? The first gold found by James Marshall stood all the tests to which it had been put. A few days later, Marshall took samples of the precious metal 40 miles away to the master of new Helvetia. Both scales and acid proved the yellow stuff to be pure gold. Marshall returned it once to the mill. A heavy-hearted Sutter followed. He knew that the discovery of gold could make or break him if the men abandoned the farms he was ruined. So he called them together. What are you getting at, Sutter? You want us to give up mine and gold and keep on making a fortune for you? I only ask that you do not abandon my mills for six weeks, keep working, and then do what you will. I'm looking out for number one. Sutter, you can pay me now. Maybe these flakes I washed out, those few nuggets I found were all there is in the whole mine. Marshall's right. How do we know? Well, I'm not throwing out dirty water until I have clean. That's a trick. Marshall ain't one of us now. He's a boss. Now, who'll stay on six weeks working for Captain Sutter at good wages? Thank you, gentlemen. Thank you. And now I must spare you to secrecy. If there is much gold here, it would not be good business for us. Well, John, how long do you think they're going to keep their tongue in their head? Oh, a tongue in their heads? That is not so bad.  For six weeks, the mill hands kept their secret. Then it became a story that began to be whispered about. Each one swore the other to secrecy. Don't tell. Don't tell. They found gold at Sutter's mill, but don't tell a soul. I've been sworn to secrecy. But there's gold at Sutter's mill. I've given them a word not to breathe it, but you're my friend. Sutter's mill. New Helvetia. Gold. I've found out that I told you, listen, they're taking thousands in gold out of the American River. Gold. Gold. Gold. Gold. From many sources, San Francisco was informed that there had been a gold discovery. But little attention was paid to this, even when they're appeared in the Californian under date of March 15th, 1848. Goldmine found. In the newly made raceway of the sawmill recently erected by Captain Sutter on the American fork, gold has been found in considerable quantities. The Californian no doubt is rich in mineral wealth. Great chances here for scientific capitalists. By the end of May, one half of the population of San Francisco had left for the Goldfields. From San Francisco to Los Angeles, from the seashore to the base of the Sierra Nevada, there was but one cry, gold. The blacksmith dropped his hammer, the baker his bread, the farmer his side. The Goldfevers swept the west and soon all fell victims. And John Sutter, who dreamed a dream of empire, was pleading, begging almost on his knees to his workmen. If you all leave me now, I'm ruined. Who will cut my wheat so my timber harvest my crops? If you stay, God will bless you for it, and we will all prosper together. Your talk was good six months ago, but it's no good now. Why should I work for you when I can scratch her on with some forts and make a hundred a day? But your word of honor is a promise worth nothing. We're getting ours now. As soon as they know in the east what's going on here, we won't have a chance. By when the boat hits New York, the telegraph will spread the news to every hamlet in the union. I'm getting mine while the getting's good. Goodbye, Captain. Goodbye. Now come back, please, Tommy. When you were sick, I nursed you with my own hands. I'm your friend.  For years, I was California, such as forth with your world. Marshal. John, we've got to take the bitter with the sweet. We are lost, Marshal, swallowed up in the tomorrow which we created for them. We lose ourselves only in tomorrow, yes. But John, this will be California's tomorrow. By the end of 1848, the gold rush had started, and 1849 saw it in full swing. The cry was gold in the magic country, California. It was a day of paper towns and quick money. Sacramento became a metropolis, and San Francisco a city of promise. Fortunes were made by day and gambled away by night.  Hundreds poured into the hills every day, rushing to find a claim and mine a fortune. Law and order disappeared, and chaos was crowned king. There was even talk of separation from the Union. Suddenly, the eyes of the nation were turned on gold producing California. In the United States Congress in Washington, D.C. Unless we admit California into the Union, we are losing the richest plum this nation ever had. Today, at this very session of the Congress, we can bring order out of chaos, wealth into our treasury, and into the Union. When into the Golden Gate, what's she all dressed up with burnt and poured? What's she firing her sigmal gun for 31 times? Say, don't that mean anything to you? Well, look, there goes the banner for a mass kid. California is a state! Few territories admitted into the Union moved so quickly to statehood as California. Law and order did indeed replace chaos, and there was born the real glory that is California's today. In memory, we salute John Sutter and James Marshall, who joined the long roll call of those daring pioneers whose very names made of California a land of destiny. And so, another epoch has been recreated in the lives of frontier fighters.


So I'm not sure if we should call the current spike in COVID cases the second wave given that we haven't ever really gotten over the first wave. But what we do know is that certain states have handled COVID-19 better than other states. And even if, you know, you really need the federal government to take action to make these states more effective at dealing with this crisis, you know, there are simple things that states can do to make sure that, you know, citizens are more protected from the virus. Now, there is a visualization from, I believe, a graphic designer. His name is Dan Goodspeed, and he took data from the New York Times and he put together how many cases there are in each state and he controlled for Republican and controlled states and Democratic controlled states or leaning states. And what this really proves to us is that one party who doesn't trust science, who doesn't believe in science is very incapable of dealing with this pandemic. And what we see here with this visualization is stunning. So let's take a look. So as you can see here from the beginning in June, you know, the states, they're affected relatively equally. You know, you have some very Democratic states, some very Republican states.  And as time ticks by in this graph, you see a very clear pattern. Almost all of the states with spikes in COVID cases as of October 2nd are red states. They lean Republican. Now, in case you're wondering, these are the states with the least amount of cases as of October 11th, and I'll link to that down below in case you want to watch the full visualization.  For example, there is still a solid number of states that do not mandate masks statewide. And Republicans have not been very helpful in pushing this initiative forward. I mean, Georgia's Governor Brian Kemp literally sued the mayor of Atlanta, Keisha Lance Bottoms, over her mask mandate. He sued her over this. Our Republicans in Wisconsin sought to overturn their Democratic governor's statewide mask mandate, but thankfully that was overturned. But just the fact that they wanted to overturn his mask mandate shows you that they're not serious people. And finally, after months of fighting it, Florida governor Ron DeSantis is finally saying that local municipalities can require masks. But, you know, they can't enforce it, which basically makes it meaningless. So the reason why Republican leaning states are doing worse is because of things like this. Even though a lot of states are run by corporate Democrats, most blue states are run by corporate Democrats, even just believing in science gives residents a much better chance of dealing with this virus, not being affected by it. I mean, in my state of Oregon, Kate Brown, even though I think she's better than most corporate Democrats, I think that she still falls under the category of corporate Democrat, even though she's proven me wrong in certain areas by, you know, signing that neutrality and trying to do climate change legislation. But she decided to adopt a statewide mask mandate. And I could tell you firsthand that made a huge, huge difference. So whenever I would go out in public, I would see maybe 30, 40 percent of people wearing masks, but almost immediately after she mandated masks statewide, that number shot up to 99 percent. Now, this is anecdotal. This is based on what I see. But I'm telling you, just mandating masks alone makes a huge difference. And it's the bare minimum. But yet there are Republicans in states that are literally fighting it. So when you see that visualization and you see how many red states are more affected by COVID-19, I mean, this is a policy failure. This is a failure on behalf of Republican leadership. And it starts with Donald Trump, who has constantly spread misinformation about this virus since the beginning. I mean, he admitted in the Bob Woodward tapes that he's down playing COVID-19 because he apparently didn't want to cause a panic. Yeah, totally believable. When you have a party that doesn't even accept the reality of manmade climate change. Of course, when you're already denying science, whenever there's something like this that comes up that requires, you know, experts, scientists, epidemiologists, health experts, you know, if you already are not going to take them seriously for whatever reason, maybe you don't want to shut down in your state because you don't want to hurt your economy.  You can't get the economy in good shape if you have so many people affected by a highly contagious deadly virus. We have 215,000 Americans around the country that died. That shouldn't happen. That wouldn't happen if we didn't respond to this pandemic like a failed state overall, but just individually at the state level. You see which states are doing worse.  And, you know, that's a generalization. It might not be applicable to every single state and every single circumstance. There have been some Republican governors surprisingly that have done a great job at trying to get it under control, even if I disagree with them in other areas with regard to policy. But still, you've got to understand that overall Republicans haven't just been unhelpful in helping us mitigate the spread and contain the spread of COVID-19, but they've made matters worse. So this visualization is very telling and I'd encourage you to look at the website because he has a lot more graphs that are very, very illuminating and tells you which party is serious. And as much as I hate corporate Democrats and they irritate me and they need to be more progressive, at least when it comes to a basic function of governance that we'd expect from them, I think they'd probably get this under control. I think they'd mandate masks. So, you know, it just shows you that the GOP is basically a death cold and this party has to go away. It has to go the way of the dodo and Democrats have to be the new de facto conservative party and we need a new left-wing party.  You can't salvage this party. It's a clown show. But trust me, I'd have way more supporters on Patreon if that was my podcast. Sad.


I want to draw members' attention to a revision to the ministerial code in relation to parliamentary liaison officers, which comes into force from today. Up to now, the session PLOs have been required to declare their appointment the first time they participate in parliamentary business relating to the portfolio of their cabinet secretary. Please advise you that following a request from the Standards, Procedures and Public Appointments Committee, the First Minister has now revised the code requiring PLOs to declare every time they are participating in business relating to their cabinet secretary and this applies from today. I am sure that members will agree that this is a welcome change to procedure which will enhance the transparency of parliamentary business. The first item of business is topical questions and our first question is from Willie Rennie. To ask the Scottish Government what its response is to reports of intolerable working conditions at Amazon's Fife warehouse. It is important that all employees in all workplaces are treated fairly and the Scottish Government is doing everything that it can within its powers to drive up employment standards and promote good working practices with the powers that are available to us. Willie Rennie. Reports about camping outside the centre and an undercover reporter have lifted the lid on Amazon. In one case, the company penalised the worker for being in hospital with a kidney infection. The Scottish Government paid almost £1 million to Amazon last year, even though it did not pay all its workers the real living wage. Can the minister rule out paying Amazon any more grants in future? All the grants that were previously awarded to Amazon have been paid and the conditions attached to them have been fulfilled. It is also true to say that grants go back many years to 2005. I am concerned about the reports over the weekend. I have been in touch with Amazon and we are working on establishing a meeting to take place within the next seven days so that those issues can be raised. Of course, those matters are of concern to the Scottish Government as they will be of concern to anybody. It is important that we do what we can to raise them. We do not have the powers in terms of either the living wage or some other employment laws that allow us to take the action that we would like to take. We would like to legislate for a living wage. We have said that on many occasions. In the absence of that, what we can do is make representations and speak to Amazon and make clear how we find the practices that are unacceptable. That is what will happen over the course of the next few days. Willie Rennie I am afraid that the minister has ducked my question. When I raised the issue with the First Minister on numerous occasions, she previously sent Roseanna Cunningham to the Amazon plant. What happened with that meeting? Did she tell them that she would receive more grants? If not, why not? It is about time that the Government gave some clarity on whether it will give Amazon grants in the future. I have just said to Willie Rennie that we have no outstanding grants. We have no proposals for further grants from Amazon. We have no intention of providing those for the grants, not least in the absence of any application. The applications that are made and the conditions that are attached to them have been fulfilled. The grants have been paid, as were the grants made by the previous administration under the Liberal Democrats and the Labour Party—the same conditions that I would imagine applied at that time. It is very important that we do what we can to bring jobs to Scotland, which is the purpose of those grants. Of course, it is also very important that we promote fair work and fair work practices. That will be the focus of the meeting that I have with Amazon in the coming days. Jackie Baillie The cabinet secretary will be aware that Amazon has a global value of £290 billion, £6 billion in revenues in the UK, yet it pays very little tax. It gets employees to opt out of the working-time directive to get a job, and, as we have already heard, threaten workers with the sack if they are off sick or pay so little that staff are camping out to avoid travel costs. I understand what the cabinet secretary is saying about grants being given to Amazon in the past, but could he review conditions that apply to any regional selective assistance or other grants that are given by the Government to future companies—not just Amazon, but all of them—to reflect fair work practices? I thank Jackie Baillie first of all for acknowledging the simple fact that we do not hold those powers in relation to either insisting upon the living wage or some of the employment practices that she has mentioned. In relation to future grants, it would be the case that we would want to continue to look at each application that is made on its merits. The reason why I say that is because Jackie Baillie will know from the way that the living foundation will go about their work. They will often work with companies that do not pay a living wage in the idea, the belief and the hope that they can encourage them to paying a living wage. That is one of the—in fact, they can even be given accreditation in advance of paying a living wage. I think that what we do want to do in the focus of our activity must be on is, of course, first of all, making sure that we bring jobs to Scotland and we encourage job creation, at the same time as either encouraging those companies that do not currently pay a living wage to do so, or driving up nearly 80 per cent of people in Scotland currently who pay a living wage. That seems to me to be the practical and responsible way to go about this. Can I ask the cabinet secretary what steps is he taking to ensure that Amazon is in compliance with existing employment laws, although he does not have power to create new employment laws? What steps are he taking to ensure that they are in compliance? Given that Amazon is not a signatory to the business pledge, is the cabinet secretary pleased with the current uptake of the business pledge, which has been signed by less than 300 businesses in Scotland, representing less than one and every thousand businesses in Scotland? First of all, I did not mention Jackie Baillie's point, but we have no powers in relation to the raising of tax from those companies. The same is true as I mentioned already in terms of employment law. I have mentioned that I have written to Amazon and we expect to meet them shortly. Of course, their practices are things that we are looking at, in which we will review not least but not only in relation to the press reports that we have had over the course of the weekend. In addition to that, I think that it is extremely important that we encourage companies to sign up to the business pledge. There are many other companies that are currently considering this. They want to know about the terms and also the provisions of the business pledge to see if they can possibly meet them. I think that it is a good initiative and it has to start. It is important that we do that. It is not something, for example, that the UK Government has done. I would have thought that Dean Lockhart would have welcomed that initiative and welcomed those 300 companies thus far and others who are considering it. The fact that they are willing to sign up to vital provisions is, of course, just to remind Dean Lockhart, which includes a commitment to pay the living wage. Mark Ruskell will be aware of repeated reports in the media that the company has been hostile towards unionisation. In fact, a JMB described it a couple of years ago as a one unionisation drive as being like being in the French resistance. Will the Government commit towards ensuring that union membership is available and respected for staff members at all companies receiving grant funding and subsidies from the Government? I would say to the member that we routinely encourage companies right throughout Scotland to recognise and to work with trade unions, because we believe that the influence of trade unions is a positive both in terms of workforce development and the welfare of its workforce. We do that as a matter of course. Of course, companies have the right not to do that, and when that happens, we have been willing to get involved in the past, whether to help to make the connections with relevant trade unions or to further encourage them to reconcile that position. We will continue to do that as we deal with companies in the future. Neil Findlay In 2012-13, Amazon paid £3.2 million corporation tax on £4 billion of UK sales and claimed back £2.5 million in public grants. We hear, as Willie Rennie said, another million last year, tax avoidance, low pay, poor working conditions and no trade union recognition. What exactly is the Government's message to companies like that, who breach the principles of fair work, breach the business pledge? I think that the Government needs to call them out.  I have done precisely the point that Neil Findlay makes by contacting Amazon as my predecessor Roseanna Cunningham, where we intend to put those points to them. In particular, the allegations made over the course of the weekend. Neil Findlay started off by talking about tax. We do not have the power to insist on a tax regime to clamp down on what I agree with Neil Findlay, although he does not want to listen to it. I agree with Neil Findlay that it is widespread tax practices that we would not condone and we would not want to see repeated where we have control over those tax-raising powers. As ever, there is a great deal that Neil Findlay and I agree on, but he is determined at each point to make sure that that is not the public perception. Regardless of that, I will continue to work to try to encourage Amazon and employers like Amazon to have good working practices, fair working practices and to recognise trade unions. I ask the Scottish Government what its response is to the latest BMA GP survey. As demonstrated by the recent joint memorandum, we are working closely with the BMA to deliver a new vision for general practice and primary care, which will help to address the workload challenges facing Scotland's GPs. That is why, by the end of this Parliament, we will increase spending on primary care services to 11 per cent of the front-line NHS budget, delivering an extra half a billion pounds in building a genuine community health service with general practice at its heart. Let's look at the figures in the survey. We already knew that one in three practices are now reporting a GP vacancy and that the practices are closing, but the BMA GP survey has found that 91 per cent of GPs believe that their workload negatively affects the quality of patient care. Only 7 per cent of GPs say that consultation times are adequate, and new figures published by the BMA today show that 35 per cent of GPs are planning to retire from general practice in the next five years. 20 per cent of them are planning to move to part-time, 6 per cent are planning to move abroad and 6 per cent are planning to quit medicine altogether. That is directly linked to the £1.6 billion cut to GP budgets imposed by this Government over the last 10 years. Will the cabinet secretary take responsibility, accept that her party has been in control of the NHS for 10 years and accept that, in her two years as health secretary, she has overseen a declining performance? Will she therefore take this opportunity to apologise to Scotland's GPs and their patients? We are getting on with working with Scotland's GPs through the BMA to deliver a new contract that will deliver a new vision for primary care, along with £0.5 billion worth of additional investment over the course of this Parliament. To Anasarwa, in terms of investment in GP services, we have seen that increase in cash terms each year under this Government, rising by £175 million from £704.6 million in 2007-08 to £879.9 million in 2015-16. That is a cumulative increase of £920 million under the SNP to 2015-16, but we accept that there is more to be done, which is why, of course, we are working on the new contract. That is why, in the short term, I announced £20 million of a package to help ease pressures on workload in the short term and contribute to putting general practice on a more long-term sustainable footing. I have said in the chamber on a number of occasions that I recognise the pressures that Scotland's GPs are under, which is why we are working so hard with the BMA to deliver a new contract address workload issues and make sure that we get general practice and primary care on a more sustainable footing. It is clear that the cabinet secretary does not do sorry to our patients and to our NHS workforce. The reality has been a real terms £1.6 billion cut under this Government. I welcome the reversal of the cut to GP budgets, but my fear is that it may be too late and nothing more than a sticking plaster approach after 10 years of SNP mismanagement. Labour has been pressing the Government to take steps to help alleviate the pressure and build for the long term, to firstly reverse the cuts to funding and prioritise the retention and recruitment of GPs, to increase the funding for auxiliary staff such as nurse practitioners, mental health nurses, counsellors, physiotherapists and others to work in practices and support GPs, to expand the minor ailment service in pharmacies to help to take the pressure of GPs and to use the opportunity of the new GP contract to renew and revitalise primary care. If this Government does not change course, then as the chair of the BMA's Scottish GP committee has said today, and I quote, we could soon be in a situation where we do not have enough GPs to deliver effective care to patients. Will the cabinet secretary accept our proposals and avoid that being her legacy? Cabinet secretary. So I don't regard £500 million over the course of this Parliament as being a sticking plaster. That is exactly what has been asked for by the profession and 11 per cent share of NHS front-line funding. That is what we will deliver, what this Government will deliver. Anasarwar ran through a number of suggestions. It should maybe look at what is already happening. All of the things that Anasarwar suggested are already happening. The multidisciplinary teams are exactly what the new model of primary care will be built around. The minor ailment service is being tested and overclied as we speak. That is going forward. I think that Anasarwar should perhaps do his homework before turning up here, with a list that is a direct left from what the Scottish Government is already doing. Alice Crawhamilton Thank you, Presiding Officer. Three weeks ago, the City of Edinburgh Council passed its local development plan and with its rubber stamped nearly 5,000 new family homes in my constituency, a place that has not seen a new health centre built in 45 years. That will lead to potentially 20,000 new patients exerting demands on practices that are already on their knees. When I raised that with the First Minister two weeks ago, she unfairly suggested that I was trying to tell local authorities how to do their job. What I was asking for was for the health sector and the housing minister to work together so that the planning bill can give local authorities the tools that they need to compel local developers to consider building things like health centres and to rule out developments on the grounds that there is no healthcare infrastructure. Will she confirm to me today that she will work with the housing minister to that end? I can say to Alex Cole-Hamilton that the point that the First Minister was making was that the Liberal Democrats often criticised us for what they termed centralisation. Then they came to this Parliament asking us to tell local government what they should do around those matters. However, in a spirit of consensus where I do agree with Alex Cole-Hamilton is that we need to ensure that we have the infrastructure in primary care to make sure that where there are housing developments or, indeed, just increased demand that we have the infrastructure there. NHS Lothian and my officials and myself have had regular discussions around the need for infrastructure investment in primary care. As far as I am aware, there are plans being developed to ensure that the primary care infrastructure is fit for purpose. There are particular issues in Lothian that I have spoken to Alex Cole-Hamilton and other Lothian members around to make sure that we address some of those short-term issues, which are very real for patients who are struggling to get access to a GP. I am very happy to write to Alex Cole-Hamilton to give him further details of what NHS Lothian is planning, and I will do that after this session. The cabinet secretary may be aware that figures released today show that not only are there fewer GPs in Scotland than there were two years ago, but there are also the lowest number of practices since her party came to power. In fact, the number of practices has decreased in every year that the SNP has been in power. With rising demand, more GPs nearing retirement and a significant GP shortage, will the cabinet secretary take responsibility for her party's abject failure to manage primary care over the past 10 years? The only point that I would make before is that I absolutely accept responsibility, which is why we have come up with a very comprehensive plan of what we are going to do to help to turn the situation around for general practice and primary care. The only point that I would make to Donald Cameron is that the same issues that he raises here today are exactly the same issues that are happening within NHS England, exactly the same. Before he levels criticisms here, he should look at the situation down south. Of course, to be fair to the UK Government, some of the actions that they are taking to address the issues in primary care are exactly the same action that we are taking here. That is making sure that we have the right workforce in the right place, more GPs but also more other health professionals to ensure that we can deliver those multidisciplinary teams. We need to ensure that clusters are developed so that practices can be supported with staff in the right places. All the actions that I have laid out, with the £500 million over the course of this Parliament and additional funding, will help to address those issues. I am very happy to make sure that Donald Cameron and anyone else is furnished with the details of those, if they so wish.


What's the word y'all?  I'm gonna rewatch it again. That's how good of a fourth quarter it was. I need to rewatch it again. I've said this before, the Lakers are one of those teams, them and the Warriors, that it's hard for me to close the door completely on them because something like this could happen. I know that a playing team, playing team, I know.  That set the tempo for the entire court. That is a shot that he had no business taking. He had no business making, but he did. Like fumble the catch and PJ Tucker, yeah, just saw a stat earlier today that PJ hasn't scored in the NBA game since November. Now it's not like he's played every single game, but that's still a very long time. A lot of this was this fellow right here, number 23, arguably the greatest ever do a fly-by three-point shot for LeBron James. I think he scored in this game 19 points. I'm sorry, not in this game, it's quarter 19 points while the Clippers scored 16 as a team.  Something that we don't get too often now in this old age. He's still been amazing, but like a full, full quarter takeover for LeBron has been phenomenal. Is that Jay-Z? Brother Jay is there? Okay, Jay-Z is at the game. Didn't even peep that, didn't peep that. They probably showed him. I might have been in the bathroom when it happened. Quick stop, these hats to enjoy enthusiasts. The basketball enthusiasts enjoy hats are back on sale. The last time we sold them, they sold out in a matter of hours that tells us to tell when to restock, baby. So we restocked them. The link is in the description, enjoyvball.com, go copy one and let me know what you think I've been wearing mine for about a year or so now, it's one of my favorite hats, man, so get in. PJ Tucker has been really upset with his play time and I guess lack of play time, but like you're there to shoot corner threes. Shoot the ball, shoot the ball. And what is it ending a terrible shot attempt for the team? Like that is one of the sole reasons you're on this roster. Granted, if they were completely healthy, he probably wouldn't be playing at all. But still, you have to make yourself a threat. LeBron is such a crazy player that you think the idea of going under on a screen like this makes sense. Obviously PJ decides to fight under, because again, LeBron is a tank. If he wants to get to the basket, he's just going to get to the basket. But right here, he goes completely, completely under. And though his recovery wasn't too bad, LeBron didn't need that much space or doesn't need that much space to get that shot up and in. This is the point I'm pulling PJ at the game. Now this is not PJ Tucker's fault. I don't want to make it seem like I'm blaming PJ because Bron just pulled up and hit a ridiculous shot, right? That's not PJ Tucker's fault. But that is the moment of time.  This right here is really good anticipation by Norma Powell. They're sending the help for Terrence Mann with Mason Plumlee. LeBron just sees Mason Plumlee coming around. He say, hey, that's a bucket for Jackson. Jackson's telling them, throw it up. That's probably the better way LeBron opts to not do that, but throw a bounce pass. And Norma Powell playing both gets in and causes that turnover. But it can't capitalize because Mason Plumlee thinks he's yokin' to something and gets picked from behind. And this ends in a three for D'Angelo Russell. Back to a single digit game. And this is like, as much as the offense is amazing, this is the defensive master class by the Lakers too. Every single pick and roll with James Harden, they bringing a guy up and that's right now is Jackson Hayes, right? Because they say, Mason Plumlee's not that much of a threat as a role man to us. Maybe he is, but to us, he's not. We'd rather just try to get the ball out of James's hands, which they have done a lot. Now, this right here, they're like, Mason, make a plate. Torian Prince is playing both. Are you gonna hit Norma Powell for a three? Or do you see Terrence Mann cutting? And everybody sees Terrence Mann cutting. In the past, it's lofty and boom, turnover, Torian Prince with the steal. And well, this was LeBron James fourth quarter takeover.  Smaller defender, get to my spot, take the bump, create space, high off glass. And just like that, it's a five point game. Another great defensive possession from the Lakers. Now this ends in a Clippers basket off a loose ball, but I do wanna highlight how good they defended in this fourth quarter. Again, as much as it was in LeBron James takeover, they also had to prevent the other team from scoring. And again, they scored on this, so Norma Powell hits a good shot. But look at this defense right here. Boom, they send two. Here's James Tarantino trying to get it to Mace. Then you see Bron pop in, the Kawhi Linn instead of Recover. And then he finds the open man. And again, a good shot from Norma Powell. But Kawhi Linn in a right place, right time. Everything else the Lakers did was perfect. Like you're not even mad at that if you're Darwin hand because you played great defense. Even though LeBron was kind of upset by his body language, but it's all right. Because it's just three points and he could get them right back, I guess. And he does. That's a bad man. Now he's 40 points away from 40,000. This is what I love. Kawhi Linn and LeBron James guard each other in the fourth quarters. Like, you know, I always say this, just because two players are the best players in the team and they seem to play the same position. We don't really get those star versus star matchups that much. So we got some of it last night and that was amazing. And this possession, Kawhi Linn end up getting the best of Bron. That's a tough finish. It probably should have been an and one, if you ask me. But Bron going right back at him. So it was just a good matchup that I enjoyed. This is them trusting each other. Char the Terrence Mann gets it. Now you trust Terrence Mann to make the decision a lot more than Mason Plumlee.  D'Angelo Russo, who's behind him. Notice this, his teammates are here. You also notice as Anthony Davis under the better rip attacks of basketball is there. Only three seconds to go. So he trusts his teammates to pick that up and D'Angelo Russo goes corner to prevent that as an avenue. And it causes a tough looking shot. And look at the old man, they Kawhi. Denied, denied, denied. That's all Kawhi's leg too. Whoo wee! Now with four minutes to go, it's a zero, zero game. It's just out of your opponent from here. Again, they were down by 20 not too long ago. Both teams are hunting matchups, right? Both teams are trying to get the worst defender on the ball handler. And that time for them, it's like getting D'Angelo Russo into the many actions. For the Lakers, it was getting Daniel Tice in as many actions as possible because they saw them as the weakest defender. Here he goes. There's Anthony Davis green. And the one thing I can complain about a lot when it comes to this type of stuff is there are certain players in NBA like Kawhi later, he did not fight through that or whatever whatsoever. They as a team, or is it Kawhi or is it Tyrone Lu were completely okay with Daniel Tice being the guy guarding LeBron down the stretch here? Cause there was no resistance, right? The screen comes and Kawhi later concedes and say, hey, all right, now I'm guarding Anthony Davis. Here's the screen, no fight. It's like, and that's just a scheme that they're running, which is okay. If that's what it is, that's what it is.  There's the two, there's the flash. Rui misses this one if I'm not mistaken. Offensive board. And I think he also, he gets it back if I remember correctly. Playing in space. James Harden is playing help on that cut. Bronn ends up finding them. And then Rui hits the second time around. Yep, that's how it played out. So I just don't know, I don't know, I don't know. I always want to see my best defenders kind of fight through to try to prevent the switch, especially if we're talking Daniel Tice on LeBron James. Ball goes to Kawhi here 12 seconds ago. You see Norman Powell coming off the double. Austin Reeves fights through here. There's no switch, there's no switch. Austin, you get back. And then Austin for five seconds said, hey, this is my time to shine.  Here we go again. There's a screen from Anthony. And it's just what it is. Now it's Bronn versus Tice. There's a flash again from D'Angelo Russell. And Rui ends up finishing the play too. So it's happening over and over. It's a switch, there's a flash to the middle of the paint. D'Angelo Russell, a good creator slash decision maker and he made the right decision back to back possession. And this right here is my favorite moment of the game. I'm a sucker for a no-dip three. D'Angelo Russell is becoming one of the better no-dip three point shooters in all of basketball. It is the thing that I enjoy the most currently in basketball, a no-dip three. And this is not just any ordinary no-dip three. This is a huge three to put them up by six points with a minute to go. Let's see it one more time. If you don't know what a no-dip three is, it's just like no matter where you catch it, that's where you release it. Usually a person brings it down to their core, you do their jump shot routine. D'Angelo Russell has hit a lot of these this season and a lot of them end up being in these clutch scenarios. So shout out to D'Angelo, man, because that trademarked stuff could've got to him and it didn't. And I saw a lot of conversations about what happened at the end of the timeout, down by two, the Clippers with ball nine seconds ago. Kawhi Leonard goes immediately. I'm not mad at that shot. It missed. I thought Bronn played good defense for sure, but that is a shot we've seen Kawhi Leonard make 100 times. Like there's nothing too crazy about the shot.  He gets that, there's opposition error, he fades a little bit, but that fading is a shot that we've seen him make multiple times in this game alone. So I don't hate the last shot, but they lost. And that was the comeback for the LA Lakers, man. That was the comeback for the LA Lakers all in one period. If you enjoyed the video, leave it a like. And that would go a very long way.


This review compares different self-healing approaches in concrete that aim to improve natural healing mechanisms or modify concrete with capsules containing suitable agents for autonomous crack-healing, evaluating their trigger mechanisms and properties regained. This article was authored by Nellie de Boulay and Kim Van Tittleboom.


Lance Corporal Kavin Huckabee has taken part in quite a few dismounted patrols This being his second deployment to Afghanistan last one it We're in a redown singing a typical patrol We would we would run into a lot of IEDs though. IEDs were a very huge threat For Huckabee the Afghanistan he knew has changed with a major difference being the interaction with the locals They don't know us that well Compared to like last point last one that they saw us every day here They don't see us every day and they seem welcome though. They enjoy seeing us there. They seem relieved at the same time The reason for this change the growing responsibilities of the Afghan National Army our mission right now isn't necessary to go out and find Locate close with and find the Taliban that's not really a mission our mission right now is to Guide advise and direct the ANA So they can do their operation so they can go out and find When their country back, but perhaps the biggest and most positive difference Huckabee has noticed We haven't since the three patrols. I've been on it since any of the platoons Been on patrols that we haven't found a single IED So that's a that's a huge plus because they aren't planning it doesn't seem the Taliban's planning IEDs to target us Marines at Musa Kaila continue to conduct security patrols and advise the ANA as they prepare to turn control of the fob over to The Afghans in the near future Thanks Corporal John Tucker Musa Kaila Afghanistan


Chairman, Honourable Ministers, Secretary-General of the ITU, Deputy Ministers, Ambassadors, Members, Ladies and Gentlemen. On behalf of the people of India and the Government of India, I would like to thank the UAE for their warm hospitality in hosting the ITU PP 2018. I would also like to congratulate the ITU under the Secretary-General for providing strong and progressive leadership in promoting ICTs. As we all know, information and communication technologies are today deeply intertwined with almost every aspect of individual, societal and global activity, transforming societies and economies everywhere. Four years ago, our Government, under Prime Minister Narendra Modi, launched the Digital India Initiative, a flagship program to transform India into a digitally inclusive and empowered society where the benefits of digital connectivity and services would be available to all. Key initiatives under the Digital India Program include providing every Indian a digital identity, ensuring ubiquitous broadband and mobile connectivity, including in the remote rural heartlands of India, a digital literacy program for 60 million underprivileged households, and digital banking and direct benefit transfer whereby 300 million citizens could receive their entitlements directly. Today, I am happy to state that 1.2 billion Indians have a digital identity, thus enabling them to participate fully in the digital society. 1.18 billion mobile phones are available, almost half a billion people have smartphone access, and today India offers the lowest voice and data costs in the world, where we offer 1 GB of data per day at a cost of less than $2 per month. India also, in the last year, became the highest mobile data consumer in the world. But most important of all, for the first time, India was able to ensure that 300 million financially excluded people had access to digital banking, thus enabling their closer integration into the economic mainstream. In the last four years, India has also doubled its connectivity infrastructure, both in terms of optic fiber cable and towers, and we are now working with global partners to get India ready for 5G and the new technologies, artificial intelligence, big data and the cloud. India has since the inception of the ITU been a strong proponent of the ITU. In this era of building an information society for humankind, India believes that the ITU more than ever before has a central role to play in the growth and development of people and ideas and in bridging divides of various kinds. India would be more than a willing partner in working with the ITU and indeed with all fellow member states to realize the vision of a secure information society as envisaged in the World Summit on Information Society for ensuring a shared, interconnected and better future for all our peoples. As a committed and trusted partner in taking forward the global development agenda of the ITU, India solicits the support of all member states to serve as a member of the ITU Council for the period 2019 to 2022. I invite you all for the coffee break at 10.30am tomorrow and wish all of you a very meaningful and rewarding plenipotentiary conference 2018. Thank you.


Happy birthday submarine force. For 122 years we have adapted and met the challenges of complex integrated undersea environment. We are the most lethal and best trained submarine force in the world because of the work that you do each and every day. Since we first commissioned USS Holland on April 11th 1900 we've answered our nation's call following the attack on Pearl Harbor during the Cold War and after September 11th we have always been ready. Our submarine force continues to project power abroad and ensure freedom of the seas today just as the sailor is before us. Names like Gilmore, Okane, Rammage and Flucky and their dynamic crews remind us of our war fighting spirit and sacrifice. Our sailors that in now conduct a full range of operations imperative to our combat readiness. As we carve out our place in history during these uncertain times we share in the storied legacy of over a century of the submarine force. You, your families and shipmates continue to make our force the most agile, adaptable and most powerful in the world. Happy birthday.


If you are anything like me, then you are first. What you're doing to Dragon Ball Z was after school, around the early 2000 knots, and you were captivated by these monk-looking guys and girls dressed in really cool robes, particular Goku's super, super cool haircut. Of course the most enticing thing about it all was his ability to tap into energy levels were completely, what's the word, you would have not, you would not have guessed an ordinary looking guy, or at least a humble looking guy like that would have been able to tap into, but I guess other than the fact that he was jacked, but you saw that first started really tapping into, which I guess I started on the cell saga and I was just drawn into the initial animation and the idea, the mysticism behind it, the harnessing of energy and of course the duality between good and evil just became a really, kind of the glue that stuck me to the entire series from then on. So as the story unfolded, it just got better and better and more archetypal and into a vision for the supernatural that I was inclined towards. So anyways, Dragon Ball Z for me was a huge part of my later childhood, because I actually didn't find out about it until one of my neighborhood friends told me about it. And yeah, it just always held a place near and dear to me in my heart, because it has so many of those timeless elements to it. So without further ado, we're going to tap into the history behind the famous sagas that kept millions of children glued to their afternoon television sets and kept them from getting sunburned and scraped up and breathing fresh air for years for at least a half hour every day to their big dismay. So Dragon Ball Z, you don't need to be a supreme Kai to know how much of an influenced Dragon Ball Z he had on well on me, but the world of anime, there's a lot more to this franchise than just fights, spiky hair, the screaming at the top of your lungs to increase your power. Even though I admittedly did that plenty of times, trying to tap into my own super saiyan believed super saiyan power, the same tale of Goku and his friends branches back all the way to 1984 and has more twists and turns than Snake Way. With over five hundred billion, oh sorry, five billion, five hundred billion. Probably going to happen soon though. Five billion in franchise sales. Dragon Ball Z is a cornerstone of Japanese animation and a cultural phenomena. So although I initially got into Dragon Ball Z, I of course very quickly discovered that it had a predecessor in Dragon Ball, and it was the predecessor to Dragon Ball Kai, Dragon Ball GT, and the Dragon Ball Empire franchise, exploring the four anime series, Dragon Ball Z GT. That's the five if you count Dragon Ball Kai, but I honestly stopped at Dragon Ball Z. So this isn't the tale of a die-hard Dragon Ball Z fan, but certainly was a significant player in my childhood. It's upon 19 movies, I honestly didn't realize it had that many movies. Over five hundred chapters of manga, over five hundred chapters of manga, nearly a hundred video games, which that's the most, that's definitely the most, like a surprising number, that's so many. Multiple Universal Studio Rides, all kinds of ridiculous memes, and of course it's over nine thousand. It is a landmark event in internet memes. Shenron has finally answered your wish. As you can tell I'm tapping into an article here about Dragon Ball's history, so it's a looper article. If you guys want to go track it down, it's called The Untold Truth of Dragon Ball Z.  Nonetheless, here we go. Goku's journey began with Akira Toriyama, the creator of Dragon Ball. With his first Dragon Ball manga chapter in 1984, the issue of weekly Shonen Jump. But his origin actually starts way before that. Toriyama, who'd already won multiple awards for his hit comedy manga. I'm recently starting to pronounce it in manga as I realize that's more popular. So forgive me for the slip up. Dr. Slump. So Toriyama originally had a hit comedy here, but he wanted to just try something very, very different. A big departure from what he had already made. He turned to older folklore, in particular the 16th century novel Journey to the West. So this was a tapped into it. I keep saying that, I don't know why. I looked it up, Google it is an extended account of the legendary pilgrimage of the Tang Dynasty Buddhist monk, Wayne Zhang, who traveled to the western regions that is Central Asia and India To obtain Buddhist sacred texts or sutras returned after many trials and much suffering Tains the broad outline of Wang Zhang's, Wan Zhang's on the western region The novel adds elements from folktales and the author's invention, that is the Gatmo Buddha Gave this task to the monk, referred to as Tang, Sun Zeng, in the novel And provided him with three protectors who agree to help him as an atonement for their sins These disciples are Sun Wukong, Zubai and Xia Wuzhin Together with a dragon prince who acts as Tang Zezeng's steed, a white horse Journey to the West has strong roots in Chinese folk literature, Chinese mythology, Taoist and Buddhist philosophy And the pantheon of Taoist immortals and Buddhist bodhisattvas are still reflective of some Chinese religious attitudes today Enduringly popular, the tale is at once a comic adventure story, a humorous satire of Chinese bureaucracy A spring of spiritual insight and an extended allegory in which the groups of pilgrims journey towards enlightenment by the power and virtue of cooperation Going back to Toriyama, there is clear analogies between Dragon Ball Saga, the Dragon Ball Universe And a lot of its characters and the original texts Or at least the popular text of Journey to the West Toriyama's editor in fact, Kazuhiko Torishima, explained that Journey to the West was used because it was basically free intellectual property Which in itself is actually a very popular thing to do for large profit making companies nowadays And if you're not sure what I'm referencing, just think of all the original Disney animated films that you grew up on If you're from the West, and in fact if you're not from the West, I'm genuinely curious, I'd be fascinated to know if you're really from any non-English speaking country I would love to hear if you guys either watched Disney movies as well, or you had your own version of animated movies or any type of entertainment that was as ubiquitous For people's childhoods as it was in the States, I mean there's rarely anybody I've met over here at least that hasn't watched a surplus of Disney animations And honestly you might be led to believe that Disney is this big evil corporation, or at least a corporation large enough to not solicit any sympathy or perhaps respect creatively nowadays But Walt Disney himself was actually a really intelligent guy for using all of the works that were not copyrighted in the intellectual domain So it's called public domain stories when you don't have to pay royalties to anybody to use the creative intellectual property of it And in fact, with a quick few taps of the keyboard, I found that a nice little list and I'll just read some of the top movies in their subsequent profits earned by Disney By using them all of these were not original ideas, they were works that were not only not Walt Disney's but they were old enough to at the time already have been in the public domain So Alice in Wonderland earned Disney a cool 1.02 billion with a B dollars and that was originally from Lewis Carroll's book in 1865 Aladdin, at least half a billion dollars is from a folktale, just one of the tales in 1001 Nights, which was originally from 1706 Some other big ones are Beauty and the Beast from G.S. Barbeau, Dave Villachman, Villeneuve Névis, Villeneuve, sounds like a French name from 1775 Before we were even declared a nation over here in the States, earned 425 million dollars, but Bugs Life is actually, I honestly didn't know this one, it's from Aesop's fables Aesop's fables were a collection of fables credited to the slave Aesop who lived in ancient Greece between 620 and 564 BC Wow, Jesus, so he's 500 years older than Jesus Before Socrates, Plato realized they were that old, Bugs Life gave him 360 million dollars And then there's a whole slew of others, Chicken Little, Christmas Carol, Fantasia, which was a score based on Bach, Tchaikovsky, Beethoven and older classical compositions And then Frozen was actually from Hans Christian Andersen's Ice Queen, created in 1845, and of course Hercules, John Carter was from Edgar Rice Burroughs in 1917, The Little Mermaid I don't know, same guy as the Frozen, the Ice Queen creator, Pinocchio, Boca Hones, Sleeping Beauty, Tangled, the Brothers Grimm fairy tale of Rapunzel And even The Lion King was inspired from Shakespeare's Hamlet in 1603 Wow, it apparently was from, and that was inspired from the Japanese animated series called Kimba the White Lion The Journey West was used because it was basically free intellectual property, that's the whole point we're going off on there The Journey West, for any of you guys who might be familiar, the famous actor Jet Li and also the newly, well relatively to me The other famous martial artist, Donnie Yen, they both starred in movies called The Monkey King and Journey to the West And even Jackie Chan actually was in one too, so there's been a lot of adaptations of this movie, arming of this fable story And there's actually a slew, and the most recent one coming up that's, looks like it's getting a lot of flak for not using actual Asians in their roles, it's called whitewashing Which is, I think it's understandable, that's a whole other ball of wax though, some interesting stuff on whitewashing If you care to go down that rabbit hole on YouTube, there's a lot of actually really brilliant videos about that, kind of video essays In The Matrix and Doctor Strange, for instance, there's another one, the famous bald sorcerer lady he goes to was originally Asian in the comics, I guess Oh and Ghost in the Shell, using Scarlett Johansson instead of an actual Asian lady, because it's an Asian actress You know, I mean, who doesn't like Scarlett Johansson, but I honestly did expect them to use an Asian actress, but I don't know, I guess there's two sides to that story, because although it is an adaptation from an Asian source material At the same time, if you're arguing that a person has to look a certain way in order for it to be authentic, in essence you're kind of discriminating based on skin color and surface looks In a way that makes you seem like a racist in a way, but I'm not trying to get into that, I'm just saying there could be arguments made for both sides, but I guess a reason I brought that up was because Netflix is working with some other big companies to once again recreate an adaptation of Journey to the West, so yeah, this is extremely, and it's very, you know, rightfully so, it's got a little bit of everything, it's got mystical elements, it's got a diverse range of rich, very interesting characters It taps into the mysticism of religion, spirituality, it feeds our will to power, Nietzsche's famous phrase, by every character in the world access to this energy source Like when they do the spirit pawn, and Goku has to ask all the inhabitants of Earth to put their hands up so that he can use their energy, that in itself is a great analogy almost of the adrenaline philosophy of the entire series That really taps into a very uplifting idea that we all harness some form of the energy field in ourselves, and it's just a matter of tapping into it with enough meditation which I confess I definitely did as a kid I remember, it was probably after Gohan was shown by Piccolo just how powerful he really was, and the is what it is, so that I remember sitting on my bed I remember sitting on my bed and literally for what seemed like an eternity for a, you know, a 13 year old kid who was about 10 minutes trying meditating and forming a chi-ball and using my force And it did not work, I got a lot out of this series, so I think it's an enduring work, and of course the source material from Journey to the West is an even more pervasive cultural artifact That isn't going to go away anytime soon, just because it has all the right elements of a great enduring tale, and so does Dragon Ball So I didn't get to the meat of this article yet, but I wanted to give you guys a nice background so that next time we can really break down delve deep into specifically Dragon Ball and its lore and its relation to the Journey to the West characters So I'm going to leave it there for now, and I really want to hear what kind of stories you guys were brought up on speaking about that Disney tangent I would be really fascinating to know if you guys watched Disney movies in non-English Europe or Asia or India or Australia or Africa Let me know, I'd be really curious, I mean, and I assume South America did just because Spanish, I feel like everything was translated into Spanish at some point, if it's big enough and Lord knows, Disney is definitely big enough So I'm looking forward to hearing your feedback about this episode, I'm really excited about it, I loved it, it was really fun talking about it, and I love learning the relation between modern and historical events Like me and shenanigans, we weren't talking, but actually I was about to say he or she, I can't tell based on your goofy profile picture, but if you listen to this, thanks shenanigans for your really insightful comments about the ancient Greeks And just how their perception was so much different than ours, and how learning about that can really help us comprehend and categorize more just where our values lie nowadays relative to historical events And it kind of just helps you know just where you are in the history, and that's what I love about these stories, is that there's so much rich literature out there that it's really cool that people can recycle it And put it to good use so it doesn't get lost, so we're not endlessly repeating the same mistakes Because it doesn't matter how old certain things are, if there's value there's value, you know, it might need to be restylized for a modern audience, but the core of the story is still the same


Good day fellow investors. Now the SAP and the top SAP 500 companies continue to go higher, higher, higher and higher. And what I want to do is to look at are they going higher because they are really strong companies with low risk or as the prices go higher the risk is higher. In order to do that I'll analyze top 10 SAP 500 holdings now 2010, 2019, 90 and 1980 and see how those companies performed in relation to the SAP 500. So see if you're a top company everybody thinks very well about you and I want to see how that changes in the future, does it change or you are at the top forever. So what are the risks and rewards for investing in the top SAP 500 companies the Amazon's, the Apple's, the Facebook's, Microsoft's and other companies. So let's immediately start. The top five holdings account for 11.74 of the index. So the other 495 companies account for 88.226. So that's a very strong imbalance but that's how the SAP 500 is formed. The weightings are based on market capitalization. The bigger the market cap, the bigger the weighting and the bigger are the purchases from ETFs. So let's immediately see what did the SAP 500 top 10 look like in the 1980s. IBM was the biggest company AT&T, Exxon, not yet merged with Mobile, Standard Oil of Indiana, Schoenberger and other oil companies with General Electric in 10th place. What I did, I looked at the performance of the top five companies since 1980 and we can see here that all companies except for Exxon that performed at par underperformed significantly the SAP 500. So they underperformed for from a position of strength. Going on to the 1990s, the first thing to note is that only four companies that were in the top 10 in the 1980s are still in the top 10 in the 1990s. So six out of the previous top 10 went out. From a performance perspective I had to exclude Philip Morris because it spint off Philip Morris International so four companies remain to check. And again, if you look at the chart, all companies underperformed the SAP 500 in the long run. Very interesting to see how that performance evolves during time. Let's go to the year 2000. Again, only four companies from the top 10 of 1990 is now in the top 10 of the 2000s. And you can see that IBM is gone from the top. It's not even in the top 10. Let's compare the performance up to now and we have finally a company that has outperformed the SAP 500 in the last 17 years. However, the other four companies of the top five have seen fairly underperformed. And you can see Citigroup is down 82%. General Electric is down 49% in 17 years. So note that and Cisco is down 41%. So only Exxon performed positively in the last 17 years. So again shows how the strength that the investing community perceives those companies gives to those companies is not that strong in the long term as we might see it now. If we look at 2010, again, only four out of the top 10 in 2000 remained in the top 10. We have completely new companies in the top 10. If we look at performance, we finally have three outperforming. Apple went up 416% since 2010. Berkshire went up 167% Microsoft 132%. But that's just seven years. We still don't know how those companies will perform in the next 10, 20 years. Exxon Mobile is now up only 16% while General Electric is up 65%. If I compare the SAP 500 top 10 of 2010 and now only five companies are left. So those companies are big, have high market capitalizations, but that changes very soon. If you think about a decade is soon. So let's analyze now the top five companies that are now at the top of the SAP 500 and see their strengths and see their risks. So Apple is the top company, the largest company. It's very, very profitable. Apple iPhones, all those things that Apple sells, loyal customer base. But let me show you the top company of the 1990s. The top company was IBM and it had a huge market share, huge potential dominance, was completely dominant. What happened? Well, if you're dominant, everybody is after you and sooner or later somebody else disrupts the environment and catches you on the wrong foot. So you can see how even if Apple is so strong now, there are always risks, risks that we don't see coming ahead. Second company is Microsoft, has become the standard for the software we use if you don't have a Mac, but the growth hasn't really been stellar in the past few years. It needs to reinvent itself to grow and something very difficult will all the competition and technology disruptions going on. Amazon, Amazon's biggest challenge are margins. Every retailer is investing heavily into the online commerce and it's extremely difficult to be profitable. The latest earnings myths show that Amazon needs higher capex just to keep up of staying ahead and the future profitability is questionable. It looks strong, it looks powerful, but everybody is after Amazon. So when it will become profitable, when it will become stable, probably never. So that's a very important risk for Amazon. As for Facebook, let me just give you a list of past market dominators. America online, Yahoo, Exide, Netscape, GeoCities, Alta Vista. How many of those still exist? Zero, nada. So very important to see how dominance can be perceived as powerful dominant, but not for the long term. Again, I'm just showing the risk. I'm not saying that Facebook will go bust tomorrow. I'm just showing the risk for your portfolio positioning. Again, Johnson & Johnson hasn't really seen much growth in the last 10 years and revenue growth is less than 2% per year. So to conclude, the problem is that we can see the risks that are out there. Usually unforeseen risks impact large companies very, very quickly. So things deteriorate because we always plot the past into the future. However, the future is always different. So that's a risk inherent to every company inherent to investing. So you have to be careful about that. What happens is that the business model shows flaws. It's not as profitable as expected. Think Amazon and competition. Competition intensifies. Everybody's after the dollar. And what you can do is perhaps do what Peter Lynch did. He didn't like the hottest companies. He didn't like the hottest sectors. He liked the boring sectors that nobody was looking at and then was looking at the best company in that boring sector. So he made a lot of money. So very interesting, different perspective. So I'm not saying that the S&P 500 will drop or that the companies won't be dominating for the next five, 10 years. I'm just pointing out to the risks. And it's very healthy for an investor to think about the risks of what's going on. Thank you for watching. Leave your comments below. Like if you like the content. And I'll see you in the next video.