We have a broken structure of care. They leave the minute they either become mothers or they think they want to become mothers. And they look around and they say, can I do that here? And the answer is normally, no. Even if you think about the way that we've built workplaces, you know, we've built workplaces where the, you know, the day is nine to five, when schools start at eight and they end at three, you're already setting up women to fail. When we were workers and mothers, it's just untenable. And society told us, well, it's your fault. And not the fact that it is actually my workplace's fault. It is the economy's fault. It's the government's fault because you are setting me up to fail.  And what we're finding that essentially pays for itself. Right? That the savings that you get on workers, not missing work, on having lower rates of attrition, you know, the average worker leaves at eight months. It costs us a salary and a half to replace that person. You provide this benefit for me. I'm sticking with you. You probably haven't done the data analysis on the savings, right? Because you kind of know that intuitively, but I do think that we have to put that out there in the world, right? And really just prove the business case once and for all. So this point about, oh, but it's really expensive and you're just doing it because it's the right thing, it's just put to rise. Being in a corporate environment for so many years in many different organizations, people find money and organizations find money. What's important to them? I've never had a budget said no to if it didn't have a really good business case and if the organization was behind it. It's core to our business and it's core to our values. We don't feel that if you are leaving out a population of people in decision-making and driving business revenue, you are actually doing the right thing. Today in Rwanda is ranked among the top countries in the world when it comes to gender parity. We're always ranked among sometimes top five, sometimes within the top 10 in the world. But what did it take for Rwanda to reach that level of parity? I think one important aspect is that deliberate leadership for gender inclusion is important. Leadership that is deliberately making sure that gender inclusiveness happens and that requires people actually making sure it happens. It's not going to happen on its own. Today we have 61% of our parliament constituted by women. That's the highest in the world. But to get there, to get women, it wasn't always like that. What has helped over time is that we created a decentralized system of governance from the village level to the district, to the sector, to the province and then to the national level. We require that at every small segment of leadership, women must be included, 30%. So if you have every 10 households, 30% of women, by the time you reach the national level, there's so many women and those are the women that are growing through the system and becoming members of parliament at the national level. But what that speaks to is supporting a critical mass of pipeline of women that can be mentored, can be exposed to leadership because when the time comes for them to take on those positions, they are available to do that. So that same concept of the car turning the corner, learning its new environment and then deciding if it needs to stop for somebody or make a stop because of a stop sign. Well, that same building that today is just simply responding to what the thermostat says. We want to transform that into a building that knows its environment. I know what's happening on the energy grid. I know the occupancy in the building. I know how much the energy costs so I can make far better decisions room by room, like down to the room level and then really drive energy efficiency and much more. The buildings that we work, we play in account for over 38% of GHG emissions globally. Part of that comes from the construction of new buildings, but the majority of it comes from the daily operations of those buildings. They are by far the biggest energy consumers on our planet. So think about the weather, think about the cost of energy, knowing whether that energy at that moment in time is green or fossil fuel generated. So all that occupancy in the building, all that richness of data brought together and then leveraging the new capabilities that we have at our fingertips now, which is that artificial intelligence, which can both learn that building in a super granular fashion room by room, but then also make autonomous decisions that are much smarter using that data than a simple thermostat on the wall. Canada is a big country, as you know, and again the advent of the cloud allows us to deploy those stores in a way that's really efficient and economical. And they've seen very material energy consumption savings over 20%, both on electricity and gas. And those stores are not large, right? They're typically 5,000, 6,000 square feet, think about a large home. And to be able to do hundreds of them at a time is very exciting. Allow me, for example, a country we've been in for 13 years. We've been having to help respond to their cholera outbreak that just happened, which was the longest and worst cholera outbreak in the country's history, such that schools shut down, businesses shut down, tens of thousands got sick, thousands died. And that was all because of climate change, because of tropical storms that came over the Southern part of Africa, compromised the water and that, you know, what's happening in health and happening in climate doesn't respect borders. Any, you know, infectious disease outbreaks, a lot of them emerge from Asia as well. We need to start, you know, gathering that knowledge, being advocates, playing our role on this global platform and sharing our ideas as well and our research and our stories. With very little resources, actually, you can create high impact. Why? It's because you work with communities, you work with local resources, you have the ability to listen, to have empathy and develop solutions that are very, very local, very, very relevant to the people who you're trying to help.  But the minute you sit with communities and say, here's how you do it, a local organization called Astri, working with Health in Harmony, says we'll give you the resources to establish a health clinic, we'll provide the training and the capacity and all the support, they stop the deforestation and they find that they have other means of economic livelihood, their families are healthy. That's what people want, ultimately.


I'mma tell you so. He needs some meal. Hey guys, Realistic Gaming here. Today we are back in Granny chapter two because they finally added like a helicopter escape for what I've seen and heard, which sounds pretty insane. So we're gonna be doing that today. We're gonna try to escape through it ourselves. So that should be awesome. Okay, both medium normal and it seems like we're good to go. And they also added like grenades to the game. That's pretty insane. That's like next level for Granny. Where did they even bring grenades from? I don't know, but we're gonna see how this goes. And hopefully we can get the new escape and there is a new ending by the way. And it's been a while since I played Granny, especially chapter two. Since I'm always playing the Roblox one. Okay, let's go Granny. Just like gold times. I don't know if I'm well prepared this time though. Oh God, grandpa's down there. Dude, he was so blind. He didn't see me. Oh, what is this? Glass fields. Okay, let's get Granny down here. Let's try to get Granny downstairs so we can go upstairs. Oh my God, they're both behind me. Oh my God. Okay, we're gonna have to lose these guys. I'm gonna have to drop this actually. Okay, let's drop it up here. My God. Okay, they didn't follow me nice. Oh, what is that, save key? Okay, so let's grab this save key. We gotta be careful because, oh wait, this is the new entrance. Hey, somebody's playing music. I think it's grandpa. No, Granny, what is Granny doing here? Oh my God, Granny. Dude, she was just waiting for us right there. Okay, hopefully grandpa's not over here. Oh my God, grandpa is right here. And he got us. I'm gonna tell you something. My God, Granny's lurking. All right, so let's shoot this button. I think those are the grenades because I've never seen that box around. So let's make sure we got that nice. We got it right on the dot. Okay, let's drop this. And let's go check out this little crate here. Dude, it's the hand grenades. Okay, this is insane. Let's grab one of these and let's try to use it against Granny or grandpa. And we do need to get the painting part so we can open this door. So let's do that very quick before Granny catches us. Okay, where's Granny at? Wait, if I drop this, will it explode? That is a major question. Here goes nothing. Okay, it did not explode. Dude, I thought that thing was gonna blow up, right? It's a grenade. Yo, we need Granny over here. Okay, you know what? Let me just get my shotgun. Okay, we need to grab one of the painting parts. Grab this. We take it upstairs, hurry before Granny gets here. My God, dude, I almost bamboozled myself there because I went back down. Okay, so this should belong here. Wait, don't tell me it's a picture of grandpa. Why would we want to see a picture of grandpa, yo? Okay, where's Granny? I don't want to drop down here because I know she's gonna be waiting for me. Oh, there she is. Aha, oh my God, she's staring at us. You know what? I got a little surprise for you, Granny. Hopefully she's still there. Here, catch. Oh my God, no, the grenade. Oh, and that just happened. Dude, the grenade killed me from under me. Like it blew up right under us and it killed us. Oh man, I should have known. I was gonna run out the door, but when I saw it fall out, I'm like, we're good. Yeah, a little did I know it's a grenade. I should have thought it was gonna kill me regardless. I see you. No, you don't. Now you see me, now you don't. Okay, I don't know if we're safe in here. Oh God, we are trapped. How did he not see me? Oh my God, all right, whatever. Let's just not mind it. Oh my God, Granny's right there. Please don't come this way, Granny.  Oh my God, that was way too close. God, old people are very blind. Okay, good thing Grandpa's not in here. Okay, so we got the second piece to the painting here. I think the last one that I need is where the baby's at, the little evil baby child. Ooh, nice, okay, so this time, I'm gonna use the grenade properly, unlike last time where I blew myself up. And I did see like duct tape here. We are gonna need that for sure. Okay, where's Granny? Oh, I'm gonna have to drop something. Can she hear this? I wonder if Granny can hear me dropping a grenade. Okay, I don't see her anywhere. Wait, didn't I drop the shotgun down there too? Okay, I don't know if I should drop this or throw this. Oh, I know what I'm doing, hold on guys. I just wanna play it very safe, you know. I don't wanna throw all this away, all this back and forth that I've been doing. Okay, let's climb up, I'm gonna drop this key down the hole, hopefully Granny hears. Oh no, my grenade, dude, my grenade rolled out of here. Oh, come back. Oh my God, I told you guys Granny was right there. Okay, let's go grab the grenade very quick. Come on, before she leaves. This is my only chance to blow her up. Granny, please don't leave. Okay, nice, she's still there. Oh my God, run, run, run, run. Okay, oh, nice, we should be safe. Now that's what was supposed to happen the first time. Not where I blew myself up entirely. Oh my God, look at Granny. He needs some milk. All right, I'm sorry Granny, it had to be done. Okay, that's the helicopter key right there we're gonna need that. Okay, we have to open all these right now that Granny's out so she can't hear us. Dude, there's nothing here, what is that, bokeh? Dude, I am not looking for the bokeh. Oh yeah, I'm looking for the last painting, which was, where did I leave the shotgun? Which was over here. Okay, good thing that baby's asleep because he would have chased us out of there. Oh no, Grandpa saw me on the camera, didn't he? Oh great. Okay, I'm gonna have to go all the way around now. Hopefully Granny's not back in the game because this would be a nightmare if she closes this off right here. Okay, she's not.  And it opened. Yo, okay, nice. Oh my God, great, I need the shotgun. Where did I leave that shotgun at? I did not recall where I left it. Aha, there you are. Okay, nice, so we finally found the shotgun it was like right here literally. Okay, let's go up here and use the shotgun on those targets, not Granny. Actually, let me shoot Granny. Nevermind, let's just go do our thing. Oh my God, Grandpa looking fresh. Okay, so let's shoot these things right here that need to be shot. I like how there's a limited ammo right here. Like, whoa, I just missed great. Dude, what am I doing? I'm just like pressing this. Okay, I saw it stop. There you go. Oh my God, that was horrible. I should have waited. Okay, nice, then we need one more and we got it. Okay, now what? We opened this. Dude, how many doors? Wait, that does not look right. That looks like you can fall through. Okay, what is that? I need a glass fuse. Oh, okay, so I did leave the glass fuse down here. Let's go grab that. Let's go see what that's all about. Okay, the duct tape, we might need that too actually. Okay, where's Granny? Oh, there she is. Oh, nice, and Grandpa's over here listening to the music. Oh, God. Double kill, sweet. All right, oh yeah, the glass fuse. I'm sorry, I lost my train of thought. Oh, look, a helicopter manual. You can now control a helicopter. Nice, whatever Grandpa used to be like an army veteran, he used to drive helicopters. That's why there's the helicopter. Why did I just hear the bell? If Granny is dead, I have no clue, but let's go place this.  How they ringing the bell? Wait, can I escape then? Maybe I can, maybe I cannot. I don't know, let's just see for ourselves here. Please, oh my God, I was about to go through. Please let this be the last thing that is required. Okay, what is this? Dude, the propeller's broken. What? Oh, we can get in here? That didn't start. I can't stop the helicopter yet. Great, I knew it was too good to be true. Oh no, we need fuel. Okay, so we need to find the fuel. And why is this propeller, oh, I saw something. I need to fix this rotor blade. Okay, maybe the tape is for that, even though I don't know why tape would fix a rotor blade, which it possibly can in a real life situation, but here goes nothing. Hopefully this works. Wow, just like that, tape did the job. Okay, that is not realistic, but let's go over here. Should we drop down? Okay, so I needed the gasoline and I need, I think I might need like a steering wheel for the helicopter. Okay, no, no, no, where did I leave the shotgun? I really needed the shotgun, that thing is very helpful. Oh, the gas can. Okay, sweet. We didn't have to like struggle to look for it. Oh, my grenades right there. Oh, but Granny's here too. Oh no, I was gonna try to get the grenades so I can bomb Granny. No, okay, please go. Thank you. No, stop coming back. Okay, let me wait for a couple seconds so I can make Granny go over there. Okay, let me drop this here. Okay, I'm gonna have to launch that thing. Oh my God, no. I'm gonna have to launch. Dude.  Oh, nice.  Poor Granny, I wanna see how she looks. It looks like she's asleep. Okay, so we got the gas, let's go put the gas on the helicopter. Dude, I just used up all my grenades and now that I think of it, I don't know if that was a good idea or not. Okay, we've placed the fuel right here. Yes, we are one step closer to escaping this place on the helicopter. Hopefully we don't get caught though. I don't know if I just jinxed myself, hopefully not. Dude, this is one nice helicopter. Okay, so let's go look for this steering wheel because how are we gonna fly a helicopter with no steering wheel? Helicopter key. Dude, this whole time it was right here on the ground and I was searching for like a madman, all right. I think this is our way out guys, we might escape here. Finally, please let this be the last requirement. I mean, what else do you need to fly a helicopter besides the helicopter key? Engine start and we did it. Yes, goodbye Granny and Grandpa. An evil mutant baby child, okay, how do we fly?  Oh, I see it. It's levitating and there we go. Oh my God, Granny and Grandpa right there. I bet you they're so angry. Oh, crash into them. Dude, why didn't you cut them up with the propeller? Oh my God, the end. Wow, I thought we were never gonna escape from that place. I'm gonna say that was a little like more challenging just because you have to keep going back and forth all the way to the third floor now, which is pretty insane and pretty cool that they added a third floor. I wonder where they're gonna add for the next update. Like, what else can they add? Like, I have no idea, what else can they add guys? All right you guys, well this was Granny Chapter Two. It was pretty awesome, I enjoyed the update. I kind of disliked it a little just because it took me so long to pass. But now I am super happy that I passed it. Well thank you guys for watching. Thank you guys for the amazing support. If you guys enjoyed the video, make sure to slap the like button. If you're new to the channel, make sure to subscribe and turn that notification bell on. And I will see you guys in the next one. Game!


Do you want to learn how to trade stocks in cryptocurrency? Join our community of traders. Go to richpicsdaily.com and find the next ten bagger. What are you guys doing? This is Rich from Rich to be live. And today I'm going to talk to you about a new blockchain project, a new blockchain coin called Energy, also known as EnergySwap. EnergySwap is live trade now with low fees, industry leading security and 24-hour support. Just click on trade now. Read this before. Yes. Check the box. Continue. And you can literally start trading and swapping energy. You can connect to a wallet. And what I want to do is I want to show you how you can go to EnergySwap. And I'm going to show you how you can connect your MetaMask and add the custom RPC energy mainnet to be able to connect your wallet so that you can swap energy for ADA on the EnergySwap platform. That's what we're going to do today.  But this is it right here. There it is. You click on the top right. There it is. Click on your MetaMask. That's right in the top right there.  Then to networks.  Going to go to networks right there. Add edit custom RPC networks. Click on it. And you want to go to the energy mainnet and add network. There you go. Then you have to find the network name and RPC URL. And chain ID so that you go to energy dot world. And then you go to the dropdown menu. Additional resources. Right here. And find the help desk. Click on the help desk and then you look for the energy swap. Everything related to energy swap. That's right right there.  Right there circulating that. You click on that and you scroll down to the section which shows your network name. Right down here. We'll scroll all the way down to where it shows your network name right here. Your new RPC URL your chain ID symbol and block explorer URL. Just like this. Then you just go and open your metamask and go back to settings. And then network. And then click add network. Copy and paste name. RPC URL. Chain ID symbol and block explorer. And you press save. And then just press save. Now your wallet should be connected. Just go to connect wallets. Then you can select energy in the top box. There it is energy in the top box. And then you can choose ADA in the bottom box right here. ADA right there. And you're going to be able to see that I'm going to be swapping 50 energy for about 60.60 ADA. It shows the price of the bottom with price impact info and liquidity fee so you can see that now you click confirm swap. Metamask will pop back up showing the transaction in your wallet. You can then press confirm and boom your swap is done showing it is pending at the top and once confirmed showing your confirmation of the swap. There it is. So easy peasy. This is a short video that explains exactly what you need to do. To go to energy swap and to show you how to connect your Metamask and add your custom RPC energy mainnet to be able to connect your wallet so that you can swap energy for ADA on the energy swap platform. Thanks for watching. So really nice and let's just quickly take a look at this website energy cryptocurrency for world consciousness. Energy has the most versatile blockchain in existence. It's the only cryptocurrency that combines Ethereum compatible smart contracts bringing the best of DeFi to energy on chain governance providing blockchain security and industry leading user protections. A self funding treasury energy was bootstrapped with no ICO slash pre mean and has no reliance on VCs or external funding huge and a powerful layer to master node network enabling high transaction throughput and scalability integrating DeFi applications like oracles without requiring external tokens beyond our best in class tech energies designed with optimized economics led by far seeing vision and moral values. Welcome to energy. We have this video here on YouTube. Let's just quickly watch this. This video. So, this is the video on YouTube let's watch it. Evolution is behind all great achievements. It has allowed us to go from ideas space. It has empowered us to turn our dreams. Today, distributed ledger technology is the most significant phenomenon in evolution of the digital world. It is the future. Energy is the first cryptocurrency that links together some of the most powerful ideas of cryptocurrency division beyond just the technical infrastructure. We're talking about something that's expansionary at its core and this goes beyond common features such as improving on transaction speed, mass scalability, low fees. Energy has all of these but the truly game-changing proposition here is energies decentralized governance and treasury system and that's a system that not only makes energy self-sustaining but is also a self-reinforcing phenomenon. That's the evolution of cryptocurrency. Essentially is a healthy growth snowball effect as awareness increases so does its treasury economic power so does adoption fueled by it. We're talking about an organization to be self-funding to be able to propel itself to pay its developers, to pay its team and to do so in an accelerating way where every dollar you invest in the organization yields to a dollar of greater growth. It's a positive feedback loop. The development, the marketing, the operations, the expansion, self-funded treasury that's well directed is an incredibly powerful machine. You're creating no longer just a cryptocurrency but a living, breathing organization. That's powerful as world governments. Wow. This looks like a great project, guys. Love to know what you think. Now remember, Rich TV Live is strictly for information and education purposes. Please always do your due diligence. Always do your research before you invest in anything that we talk about here in Rich TV Live. If you like the video, please smash the like button. I saw this other video on their website on YouTube. We're going to hit the like button here and you can follow them on YouTube as well. Let's watch this video. Are you ready for Gen 3? Because the next generation of the energy blockchain is here. Gen 3 incorporates smart contracts with a platform that's capable of supporting millions of daffs and developers from all over the world. And it's simple for developers to transfer their daffs to take advantage of the entire energy ecosystem, combining energies for millers, governance, self-funding treasury, masternodes, and now smart contracts that support the long-term development of the energy project. Together, we're building the cryptocurrency of the future. Be part of energy's next step. Get involved in energy.world. I like this project. I like what they're doing. I like what they're involved with. I like everything I see so far. And I'm really impressed. Cryptocurrency is revolutionary new technology, which brings on enormous realm to freedom, to money. However, even after 10 years, cryptocurrency adoption is less than 2% of the world population. We work to bring cryptocurrency to everyone. You can read more about their mission. Let's just do that. Our mission is to become the world's leading cryptocurrency platform. That's a big, tall order. Cryptocurrency is, like we said to you, only being utilized by 2% of the world. So for those of you that are getting involved now, you're part of the 2%. To achieve mass adoption, we started by having first created a very strong foundation that was designed to help the world. We created a very strong foundation. Energy did have an ICO or pre-mine, didn't have an ICO or pre-mine, and was thoughtfully designed to have a strong treasury and masternodes incentive system like dividends. Holding the coin will pay you dividends. That's what masternodes and staking is like. Our treasury is significantly larger than any other major cryptocurrency. Energy's treasury is decentralized and masternodes vote where to direct funds. That's awesome. Which means if you're holding a masternode, you have a say in where the money's going to go. This allows energy to pay contributors. And as energy grows, the treasury budget will grow, allowing for more collaborations, leading to more growth, et cetera, a positive feedback loop. Besides having a strong treasury, the other critical aspects is ensuring the funds are utilized most efficiently, generating great value in return for the funds spent. In energy, we can identify and encourage activities, which brings us the absolute greatest value back in return for what we spend on those endeavors. Our approach is that every dollar we invest into our ecosystem should yield much more than a dollar of new value added when spent appropriately in development, marketing, and impactful campaigns, which expand our reach. How does energy set itself apart? The majority of cryptocurrencies today have a system of mining in place, those running their graphic cards or CPUs, or specialized mining hardware, the functions as inflation, or could even be seen as a type of tax in the cryptocurrency. Bitcoin alone is burning over $5 billion a year on mining. We see Bitcoin's massive mining reward as an overkill and believe Bitcoin could be about as secure with only a fraction of that mining reward, as seen by Bitcoin having great network security, with no corresponding problems, even when the market cap and mining reward was one-tenth as it is now. If Bitcoin had a system in place similar to energy, Bitcoin would currently have billions of dollars worth per year to allocate to development and growth. This is an enormous missed value, a gap which energy seeks to fill. See that? Pretty smart. Combining this with governance and smart contract capabilities is what we see as major features of the most powerful cryptocurrencies of the future. It's important to understand the power of energy's combination of features while accompanied with strong vision. Our Treasury will support thousands of developers leading the way with cutting-edge development, while also funding thousands of marketing and business development specialists to expand user awareness and build merchant adoption worldwide. Energy will eventually even help clear regulatory paths to enable deep integration in countries around the world to get a better picture of where we're going. Check out our roadmap. So let's look at the roadmap. So in 2017, in Q3, they pre-development engineered coin emission and allocations to miners, masternodes, and the Treasury, along with other fundamental designs. Development began in July of 2017. In Q4 2017 implemented energy hash, ASIC-resistant hashing algorithm, implemented Treasury and backbone systems. In Q1 of 2018, Testnet and Block Explorer went online, optimized and improved numerous technical and economic aspects of energy. In Q2 of 2018 implemented our masternodes and governance system. Energy Gen1 launched on April 14, 2018 as a proof-of-work blockchain, initially adapting the code of Dash. In Q3 2018, masternodes went live, masternode rewards began September 18, approximately five months after launch to ensure fair distribution and giving community members plenty of time to accumulate. Airdrop round one completed over 1 million NRG distributed, achieved combined social media following over 70,000. Q4 2018 optimized GPU miner and mining pool software. Airdrop rounds two and three kicked off, Energy Gen3 began development. In 2019, Q1 2019, Energy Gen2 completed with the transition from proof-of-work to proof-of-stake, very good. Launched the Energy Bureau Investigations EBI, which has protected our community and prevented thousands of attempted scams and hacks to date. Q2 2019, Energy Impact, its launch, the world's first self-funding charity funded by a cryptocurrency, love it. Energy Core began working on EnergyX in exchange feature commission fee trades on Energy Paris. Q3 Q4 2019 expanded marketing efforts to increase awareness about energy and broaden the community. Completed one of the largest airdrops in the space, giving away 3.8 million NRG, valued at more than 6.5 million U.S. to over 45,000 individuals. Energy Gen3 began public testing, featuring major additions to Energy's capabilities and abilities to be useful in a real-world context. So in 2020, Q1 2020, Energy Gen3 is released, upgrading our blockchain to a smart contract platform adopted from Ethereum. Huge move there. This major update enables virtually all of Ethereum's capabilities while incorporating per treasury, masternose, and governance system all in one. Energy began adapting existing Ethereum infrastructure. This upgrade also enabled DApps to migrate to the energy ecosystem. By doing so, they will benefit from EBI, our incubator, and other expanding services. Q2 2020, about a year ago, to where we are right now, our reserve reached over 4.7 million NRG, valued at the time of over U.S. 10 million, which represents the industry's strongest and most sustainable treasury model. One of the only coins I've seen with Money in the Bank, folks, our talented global team grossed over 60 people on our payroll in less than two years. Energy is listed on eight reputable exchanges. Q3 2020, major focus on developing our exchange, EnergyX, which will be the main driver of future demand for energy. Energy began working on synthetic assets similar to the syntax projects built on energy. This will allow synthetic assets to be created from energy's locked up masternode collateral with an approximate five to one collateralization ratio. Combined with EnergyX, this will be a major demand driver for energy. Energy Arcade is released. Energy Arcade is the new and improved version of the former Energy Rainbot. It's designed for community members to build their stash of energy while having fun hanging out in the Discord channel. Energy Impact continues to build and expand our education platform and continued humanitarian and environmental efforts. We also planned over 5,000 trees through our ReForce Station campaign. Q4 2020 tokenized NRGE launches on Uniswap, big fans of Uniswap, creating a bridge between the Ethereum energy blockchains and allowing users to provide liquidity on Uniswap. Q1 2021, we're now in 2021, launch of EnergySwap or Uniswap protocol port backed by the on-chain governance and stability of the energy blockchain. And here we are, 2021 Q2. What are we doing right now? Tentative launch timeframe for EnergyBridge, which will initially connect the energy and Ethereum blockchains. This will allow users to bridge assets from one chain to the other, providing a significant new on-ramp to the energy ecosystem and energy swap. So what's coming in Q3 2021? Tentative launch timeframe for liquidity farming on EnergySwap, which will enable users to mine rewards by providing liquidity to pools on the exchange. Tentative launch timeframe for energy synthetic assets. Energy synthetic assets will allow a variety of synthetic cryptocurrencies, stable coins and other assets, such as gold and silver that are in demand to be traded. Wow, really cool. With EnergySwap and energy synthetic assets now up and running, energy will be strongly capitalized to begin implementing the most powerful blockchain features in DApps. This includes cutting edge scaling solutions utilizing our existing layer one and layer two architecture and oracles built on top of our masternodes. What's happening in Q4 2021? Tentative launch timeframe for EnergyX. Energy will continue expanding our DeFi ecosystem, including lending, derivatives, and other high demand applications and beyond. In the coming years, Energy seeks to retain thousands of full-time contributors and functioned as a power global organization. Unlike anything seen in the cryptocurrency space, energy will continue expanding and improving on marketing efforts, development, and ease of use to rapidly increase demand and adoption. Look at this. These guys are everywhere, folks. I mean, literally everywhere you can find them on LinkedIn. Let's see here if I can follow them on LinkedIn. Okay, we're going to follow them on LinkedIn. And they are on Instagram. See if I can follow them on Instagram. I'm going to follow them on Instagram. All right. And where else? They're on YouTube. I'm already following them on YouTube. I showed you a couple of YouTube videos. They're on Facebook. Let's follow them on Facebook. So these guys are not like a coin that's trying to hide. These guys are everywhere, folks. So we're going to like and follow them on Facebook. And they're on Reddit, Telegram, Medium. They're on Twitter. Let's follow them on Twitter. 44,000 followers on Twitter. And I'm going to turn on notifications. So every time they have any important notifications, we'll be aware of it. So if you want to get energy, you just simply go to energy.world. You can get the wallet, the energy wallet. You can see them on exchanges. Let's just click on exchanges. So you can see these are all the exchanges where you can find energy. You can find them on Uniswap, Kucoin, some big exchanges. Digi-finex, BitBNS, HitBTC, BitThumb, WhiteBit. So lots, HotBit, Indodax, ChangeLi, CoinX. I mean, these guys are in a lot of exchanges. So this is not some little no-name coin. Not whatsoever. I'm going to go through all of this. There's a lot of information on the website. So please do your due diligence, do your research. Very strong community. As you can see, they're on Twitter, Discord, Telegram. So pretty much everywhere. And you can learn tons of information right from the website. So love to know what you guys think. Let's just go to CoinMarketCap. And let's look for energy. So we're going to pull up energy. So there's the energy, the NRG token. You can see they're currently at $2.42. And they've got a circulating supply of only 40 million coins. I like that. I like that. So they have a very tight float and fully diluted a market cap of 99 million. Very interesting. This coin has done quite well. And you can see it's been as high as, it's been as high as nine bucks. Yeah, it's been as high as $9 and 25 cents on June 28th, 2019. And despite the fact that it's becoming a better coin with bigger, stronger community with more functionalities, it's actually trading lower. So I think that the upside for these guys could be absolutely tremendous. You could see it has hit low of about $1.30 range, made this move up like Bitcoin did when everything was exploding to a high of $4. Now it's retraced like all cryptocurrencies. I love to know what you guys think about energy. I think this is a project that has real world use. And what is energy energy is a proof of stake, POS cryptocurrency that combines smart track contracts, brilliant decentralized governance, brilliant, which means protection and security and a self funding treasury, which you just don't see with cryptocurrencies. You don't see cryptocurrencies that are focused on building their treasury, which is a mistake. So I think it's important to consider building the treasury, which means they plan to be around for a long time. I like that. I like that a lot. It was founded in 2018 and is headquartered in the British Virgin Islands. Energy never had a pre-mine or an initial coin offering. Instead, it's treasury allowed the project to fund development, support operations and marketing. Energy network allocates a small number of tokens toward mining awards and gives the bulk of the token issuance to the treasury and masternodes. It's a very interesting project. Left to know what you guys think. I think it has a chance to be a very, very cool, interesting game changing project. As you can see, they're all over social media and they're all over all these exchanges. So pretty cool. Left to know what you guys think about energy, cryptocurrency for world consciousness. This is Rich from Rich to be live. We're bringing the winners and we bring them to first. I think energy has a chance to be a great project. What do you guys think? We're bringing the winners and we're bringing them to first with a tight coin supply and a growing business and growing treasury. I think energy and a growing team. I think energy has a chance to be absolutely special. You can join the team. Just click on join our team. And they're literally looking for people to join. Energy is a cutting edge cryptocurrency and blockchain based financial technology organization. Founded on the goal of delivering powerful decentralized solutions to our modern world. Energy currently maintains a team of over 100 contributors spread across five continents. After looking over our job openings, be sure to review energy's cultural standards and professional expectations below to ensure you are a good fit for our organization. Look at all of these positions available. So they are literally hiring. So if you think you're the right person for the job, you can simply apply. And like I said, over 100 members currently working with this company. Energy's cultural standards and professional expectations. I'm not going to go through all of it, but it's a great place to work. Okay. Thank you guys for watching. If you're not winning, you're not watching. I'm going to continue to do my research and do diligence. If you guys have any ideas or any feedback on energy or energy swap, please let me know. I'm going to continue to do my research and do diligence. Please let me know. Let me know what you guys think. I think this is a chance to be a huge winner. Love to know your guys' feedback. This is Rich from Rich to be live. Namo.


Ladies and gentlemen, the Vice President and I are very pleased to welcome you to our press conference. We'll now report on the outcome of today's meeting of the Governing Council. Based on our regular economic and monetary analysis, we decided to keep the key ECB interest rates unchanged. We continue to expect them to remain at present or lower levels for an extended period of time and well past the horizon of our net asset purchases. Regarding non-standard monetary policy measures, we confirm that the monthly asset purchases of 80 billion euros are intended to run until the end of March 2017 or beyond if necessary and in any case until the Governing Council sees a sustained adjustment in the path of inflation consistent with its inflation aim. The information that has become available since our meeting in early September confirms a continued moderate but steady recovery of the euro area economy and a gradual rise in inflation in line with our previous expectations. The euro area economy has continued to show resilience to the adverse effects of global economic and political uncertainty aided by our comprehensive monetary policy measures which ensure very favorable financing conditions for firms and households. Overall however, the baseline scenario remains subject to downside risks. Looking ahead, we remain committed to preserving the very substantial degree of monetary accommodation which is necessary to secure a sustained convergence of inflation towards levels below but close to 2% over the medium term. To that end, we will continue to act, if warranted, by using all the instruments available within our mandate. In December, the Governing Council's assessment will benefit from the new staff macroeconomic projections extending through to 2019 and from the work of the euro system committees on the options to ensure the smooth implementation of our purchase program until March 2017 or beyond if necessary. Let me now explain our assessment in greater detail, starting with the economic analysis. Real GDP in the euro area increased by 0.3% quarter on quarter in the second quarter of 2016 after 0.5% in the first quarter. The latest data and survey results point to continued growth in the third quarter of 2016 at around the same pace as in the second quarter. Looking further ahead, we expect the economic expansion to proceed at a moderate but steady pace. Domestic demand should be supported by the pass-through of our monetary policy measures to the real economy. Favorable financing conditions and improvements in corporate profitability continue to promote a recovery in investment. Moreover, still relatively low oil prices and sustained employment gains, which are also benefiting from past structural reforms, provide additional support for households, real disposable income and private consumption. In addition, the fiscal stance in the euro area will be broadly neutral in 2017. However, the economic recovery in the euro area is expected to be dampened by its still subdued foreign demand, the necessary balance sheet adjustments in a number of sectors and a sluggish pace of implementation of structural reforms. The risks to the euro area growth outlook remain tilted to the downside and relate mainly to the external environment. According to Eurostat, euro area annual HICP inflation in September 2016 was 0.4% up from 0.2% in August. This reflected mainly a continued increase in annual energy inflation while there are no signs yet of a convincing upward trend in underlying inflation. Looking ahead, on the basis of current oil futures prices, inflation rates are likely to pick up over the next couple of months, in large part owing to base effects in the annual rate of change of energy prices. Supported by our monetary policy measures and the expected economic recovery, inflation rates should increase further in 2017 and 2018. Turning to the monetary analysis, broad money M3 continued to increase at a robust pace in August 2016, with its annual rate of growth standing at 5.1% after 4.9% in July. As in previous months, annual growth in M3 was mainly supported by its most liquid components, with a narrow monetary aggregate M1 expanding at an annual rate of 8.9% in August after 8.4% in July. Loan dynamics followed the path of gradual recovery observed since the beginning of 2014. The annual rate of change of loans to non-financial corporations stood at 1.9% in August 2016. The annual growth rate of loans to households also remained stable at 1.8% in August. Although developments in bank credit continue to reflect the large relationship with the business cycle, credit risk and the ongoing adjustment of financial and non-financial sector balance sheets, the monetary policy measures in place since June 2014 are significantly supporting conditions for firms and households and thereby credit flows across the euro area. The euro area bank lending survey for the third quarter of 2016 indicates some further improvements in both supply and demand conditions for loans to the non-financial private sector. Furthermore, banks continued to report that the ECB's asset purchase program and the negative deposit facility rate had contributed to more favorable terms and conditions on loans. To sum up, across check of the outcome of the economic analysis with the signals coming from the monetary analysis confirmed the need to preserve the very substantial amount of monetary support that is necessary in order to secure a return of inflation rates towards levels that are below but close to 2% without undue delay. Monetary policies focused on maintaining price stability over the medium term and its accommodative stance supports economic activity, as emphasized repeatedly by the governing council and is again strongly echoed in both European and international policy discussions in order to reap the full benefits from our monetary policy measures. Other policy areas must contribute much more decisively, both at national and at European level. The implementation of structural reforms needs to be substantially stepped up to reduce structural unemployment and boost potential output growth in the euro area. Structure reforms are necessary in all euro area countries. The focus should be on actions to raise productivity and improve the business environment including the provision of an adequate public infrastructure which are vital to increase investment and boost job creation. The enhancement of current investment initiatives including the extension of the Junker Plan progress on the capital markets union and reforms that will improve the resolution of non-performing loans will also contribute positively to this objective. In an environment of accommodative monetary policy the swift and effective implementation of structural reforms will not only lead to higher sustainable economic growth in the euro area but will also make the euro area more resilient to global shocks. Fiscal policies should also support economic recovery while remaining in compliance with the fiscal rules of the European Union. Full and consistent implementation of the stability and growth pact over time and across countries remains crucial to ensure confidence in the fiscal framework. At the same time, all countries should strive for a more growth-friendly composition of fiscal policies. We are now at your disposal for questions. Johanna Tricpe and I. Thank you very much. Mr Draghi, could you give us a bit of a clearer idea on how you will assess whether inflation is on a sustained path towards price stability? Some of your colleagues have said that perhaps you might want to see a period of overshooting or you'll be looking at core inflation. What are going to be the key parameters that you'll be looking at? My second question is, has there been any discussion today about a change in policy specifically whether you might want to extend the QE programme beyond March 2017? Thank you very much. The answer to the second question was no discussion. The answer to the first question, it's really nothing new. I myself and my colleagues have said several times that when we speak of convergence to our objective this convergence has to be sustainable and durable. As a matter of fact, it should be self-sustained. In other words, right now we're all aware that the monetary policy support is in place extraordinary. We know and I said that the projections that are part of our outlook reflect financing conditions which reflect expectations that this support remains in place. The financing conditions not only of course are the output of these expectations but also of other factors like monetary policy and other jurisdictions but generally of many other factors. They do reflect also the expectations of this extraordinary policy support will remain in place but does it mean that it can stay in place forever? And the answer is of course not. We want a convergence which is self-sustained. In other words, without the extraordinary policy support that is in place now. Second, we've said several times that durable convergence means that this objective should be achieved in a sustainable and durable way. Namely, we look through blips that are caused by other factors. I think I've said everything here. Mrs. Kronimovsky? Yes, Kronimovsky, Bloomberg News. My first question is you said in December you benefit from work of the committees of the reviewing the program. Could you give us a bit of a flavor of certain preliminary reports on the work of committees that have already arrived? Just give us a general idea, a broad outline of what exactly, what measures you could be looking at, what measures are definitely out of the question. My second question would be more general I guess. In your opinion, what really provides the stimulus in your QE program? Is it the stock or the flow of your purchases? Because when you first designed the program, you gave the market a clear idea of the size. Now, more recently the focus of the market seems to be shifting to more to the monthly flow of your purchases. How would that shift impact your current review of the program and your eventual decision to exit the stimulus? Thank you. Thank you. Let me tell you, the second part was not discussed, but it's in a sense part of your first question. We had, we took stock of the ongoing technical work in the committees. Work that is designed to ensure a smooth execution of the program until March and beyond if necessary. We had a seminar and the work was presented. We discussed various options, but options that really would, we consider in case we should be confronted with a shortage of purchasable bonds in some jurisdictions. The governing council reaffirmed the importance of very supportive financing conditions in fostering the recovery and a gradual return of inflation to levels close to 2% over the medium term. I mean, sometimes it's also important to say what we did not discuss. And we didn't discuss tapering or the intended horizon. And here comes the second question of our asset purchase program. And by the way, the governing council reaffirmed that it certainly will take into account the input of the committees, but it just remains the ultimate decision maker here. Thank you. Ms. Jones. Claire Jones, Financial Times. Mr. Draghi, you just mentioned there that tapering wasn't discussed today. But do you expect it to be on the agenda six weeks from now? And just to return to Peter's point about stock and flow. You mentioned in answer to the first question that your forecast reflect expectations that the support that you've provided remains in place, but there's a stock and flow issue here as well. Do those forecasts reflect the idea that the stock of purchases will remain the same or that the flow will remain the same at 80 billion a month? I'm sorry to say, but we haven't discussed that. We haven't really touched on the issue at all. So we simply listened to the outcome of the committee's work and we mandated the committees to continue working. And as I said, the governing council will take as one of the inputs, the committee's work, but it remains the ultimate decision maker. About the expectation, it's what's going to be in the agenda for December meeting. We haven't really yet discussed that at all. But more generally, it's quite clear that our decisions in December will tell you what we are going to do in the coming months. And so they will define the monetary policy sort of, I would say, environment for the coming weeks and the coming months. Mr. Fellas. Thank you. Tom Fellas from the Wall Street Journal. I know you said you didn't discuss the measures that might be taken to prolong QE. I wonder if you could give a sense of which, whether certain of them might be less contentious or more effective when that discussion does take place in terms of buying beneath the depository floor or the other options? My second question is, on tapering, is there a possibility that they couldn't be tapering, that there would just be an abrupt end to the bond purchases? That was never discussed, as a matter of fact. I would say an abrupt ending to bond purchases, I think it's unlikely. On the first question, see, in a sense, why are we waiting for December? Because we want to see all the inputs that are useful to have this discussion. And that's important for having one view about which the governing council members can express their opinion. Right now we have options. In other words, to be more precise, we didn't go at all in the exercise of counting views or majorities or not. Ms. Mastro Buoni. Yes, Mr. Draghi. Tonya Mastro Buoni, La Repubblica. My question is about negative rates because some central bankers have expressed concerns in the last days on the effects of negative rates in the lending of some banks. So I wondered if you've talked about it today in the governing council or if there is some outcomes already on the effects of negative rates. Thanks. Now, firstly, we briefly touched upon negative rates or low rates more generally during the discussion we had about the current outlook. And the conclusion was that they don't hinder the transmission of our monetary policy. We have no evidence they actually hinder the transmission of our monetary policy. In other words, low rates work. They have worked. Like they've worked in other policy jurisdictions. And we are not the first to have low rates. Let me give you again a few numbers, but some of which you heard before. First of all, what would happen if rates had not been what they've been? The counterfactual. And the numbers here are that are measures taken from 2014 to March 2016 have generated additional inflation, cumulative inflation over 2016-2018 period for 1.4% and 1.3% of additional growth. So the second point is that just look at the behavior of rates since then till now. And they are dramatically lower across the spectrum. We've basically eliminated what was called the redenomination spread. We've eliminated fragmentation. If we, if I just spend a second on the recent BLS and recent bank lending survey, we see that net loan demand continue to increase for all loan categories. Credit standards continue to ease for households. And after nine months of continued easing, they were unchanged for non-financial corporations, companies. And banks as, and terms and conditions continue to ease. Although banks expect a small tightening, corporate bond issuance increase markedly. That's the other, that's the other, I would say, significant number. The issuance net issuance of corporate bonds in September has been very marked. And it's basically caused by our corporate bond purchase program. Lending rates are now at a historical low. That is another point that we want to remember. And the credit volumes have recovered since the beginning of 2014, from by and large minus 3% growth in 2014 to plus 2% growth now. But as you can see, the growth is still subdued. So it continues, it's steady, it follows basically the real economy growth. It's steady, but it's moderate. There are other important pieces of evidence come when we look at M3, where we see that the largest contribution to the robust growth of M3 comes more and more from non-governmental sector, namely households and firms. So these are all pieces of evidence that our policy is being transmitted more and more effectively to the economy. Thank you. Mr O'Donnell? Also in the Bank Lending Survey, John O'Donnell from Reuters. Also in the Bank Lending Survey, it emerged that demand in Italy and Spain was falling in their third quarter. How do you explain that the impact of your policy, a lot of it is directed at getting credit flowing again, is being felt unevenly in this respect across the Eurozone, and is there anything you can do to address that? And a second question on the topic of bail-in, which is a new rule to spread losses of banks in trouble. To what degree are the markets ready for a bail-in in the event of a large financial institution? Let me respond first to the second question. Bail-in rules are in place and they have enough flexibility that would allow to cope with the variety of possibilities. So there isn't any reason to be especially concerned. The Commission has all the power to apply the rules and to interpret the rules according to existing legislation. Having said that, I don't see at the present time any such an outcome, any such a possibility. The other question was about... First of all, I wouldn't make too much of that data point. It's only the first data we see after a long sequence of positive data. Second, well, loan demand depends on many other factors other than monetary policy. And we'll have to see what is the current economic situation concerning these two countries. We look at the aggregate. In the aggregate of the Eurozone, the developments are what I outlined before. Ms Weisbach? I'm Annette Weisbach with CNBC. I have a question regarding the scarcity of safe assets, which is, for example, distorting the repo market in Europe. How concerned are you about the fact that this is happening and are there any contingency plans in case there is further stress in that market? Second question is a bit larger. There are some people who are arguing, at least here in Europe, that what we are seeing currently is sort of an economic war between Europe, Germany, and the United States, looking at all the large fines, talking about Apple, for example, or also the Deutsche Bank potential, DOJ fine. What do you think? Are we here in a political game or what do you see? Thank you. The answer to the second question is no, we are not. At least that's my perception. We are not in a political game. All parties in doing what they do, apply legislation, apply laws, apply rules. They're not acting because they're politically motivated. Again, that's my individual perception. People may have different views about that. But the impression is not at all of a political war here. On the other point, we discussed scarcity, as I said. We had the seminar, the presentation. Much of the discussion was about how to overcome scarcity if that were to become a problem. So it's not a problem now. The asset purchase program continues to run smoothly. The corporate bond purchase program has been a success so far. Beyond, in fact, our expectations. And so it's not a current issue. But just in case, much of the discussion was around that theme. Mr. Malin. Thank you. Jan Malin, Hanitz Blatt. Mr. Draghi, the bond markets have reacted quite strongly on a report that the ECB could gradually wind down its bond purchases. Were you surprised by the market reaction, or was it in line with your expectation? And my second question is, you've stressed that there are still important risks in the forthcoming months. Could the ECB, for example, still lower its interest rates if external risks materialize? Thank you. Thank you. Second question. We haven't discussed anything like that. As I said, it simply took stock of the committee's work, and I'm not going to ask her an outlook, which hasn't changed much since the last time we met. On the first question, I mean, I've seen a market reaction, and that's why I said that the governing council is the ultimate decision maker that will use the input from the committees, but as one of the inputs in the discussion. So that's why I said that. Second question. I think it's very difficult to answer about my expectation of a market reaction following a kind of a random statement made by somebody who didn't have any clue or information about that. Thank you. Mr. Melli? Alessandro Melli of Insolventi Quattro, I have a question about your asset purchase program. There were a downgrade of Portugal tomorrow by DBRS that provoked an immediate stop to your purchase of Portuguese bonds, and if you could report any news or any progress on Greece in respect of purchasing their bonds. My other question is about a recent statement by British Prime Minister May, who said there are bad side effects from QE and ultra-low or very low interest rates. One of them, she pointed out, is growing inequality. I wonder what your opinion is on that. And she also said that a change has got to come and we're going to deliver it, which was read as an attack to central bank independence. As many statements are made also in this country and other countries of the euro area for you to change your monetary policy from policymakers and politicians, I wonder if you feel that there is a growing feeling among politicians or a growing threat from politicians to central bank independence. Thank you. No, I don't feel threatened. Neither is the independence of monetary policy by the governing council is threatened. On the inequality, we certainly have looked at that and I think we've discussed that on other occasions. The point is, and there is actually an interesting study by the Bundesbank on whether more generally non-conventional monetary policy measures increase in equality, the answer is by and large no. And the reason is that the main source of inequality is unemployment. So to the extent that the monetary policy is effective, it will reduce inequality. Although as you buy assets from people who are wealthy in the short run, you certainly increase in equality. But when you look at things over the short run, no, the answer is no. That's what I would say about what you asked me about Portugal and Greece. Now, on Portugal, the bonds are currently eligible as the first best rating is triple B minus with a stable outlook by this rating agency. So, and we know that if there is a downgrade, marketable debt instruments issued or guaranteed by the Republic of Portugal would become ineligible as collateral for monetary policy operations and for purchases under the PSPP. Having said that, we should acknowledge the remarkable progress that's been achieved in Portugal. So, of course, there are vulnerabilities that the government knows very well. And the government is aware that ambitious reforms are needed. And we can simply adjust from our angle. There is one area that I want to highlight, which is the corporate debt restructuring and the addressing the problem of the NPL, the non-performing loans. So that's what it is. About Greece is discussions about debt sustainability are continuing. We have expressed, like also like others, like everybody else, concerns about debt sustainability. Therefore, measures have to be undertaken to address this problem. And in the governing council, when time will come, we'll assess in an independent way the debt sustainability. Until then, it's premature to sort of speculate about purchasing bonds. Thank you. Mr. Lacour? Mr. Lacour, welcome back to the question raised before my colleague Maline asked you if you were surprised by the market reactions after this Bloomberg report. I will ask you how the ECB profited from this market reaction. I mentioned, for instance, the tightening of some rates on a long curve that maybe help for a smooth implementation of QE. So how did the ECB profit of these weeks before? And the second question, we have seen that the hard landing of an aircraft on a mass planet can cause damages. That's certainly not making a parallel. What the ECB wants to go through with a sudden stop of a QE. But you made this statement before simply ruining out a kind of sudden stop of the QE without, also you hadn't discussed it any time yet now by the governing council. What makes you so sure or what makes this statement made from you? Because there is another bank of England, for example, experimented the sudden stop of a purchase program. So why either choosing the fadeway, for example? Thank you. Thank you. The answer to the second question is that my perception is that the sudden stop as it was outlined before is not in anybody's mind. It's not present in anybody's mind. It's not something that people naturally contemplate. And there are many reasons and fairly obvious reasons why this is so. On your first question, actually I never thought that we could profit out of sudden moves of coming from unauthorized and probably uninformed sources. And I have no idea whether the ECB profit out of that. But certainly I can only reiterate that profits is not the reason why we run monetary policy. Thank you. My first one is you said that the extraordinary monetary policy support cannot stay in place forever. Do you have a feeling that that market participants and investors are a little bit too complacent about QE being there forever, at least for a very, very long period of time? And do you think it would make sense if they prepare themselves for the end of QE? And the other one is on inflation expectations. I guess you had the survey today. What does it say regarding the longer term inflation expectations and related to that? What is your assessment of the most recent developments of the inflation expectations on financial markets because they have not really picked up although inflation is rising? Thank you. I can only, as far as market expectations, I can only in a sense respond, pointing out to the fact that the current outlook, the current outlook and the current R baseline scenario of a rate of inflation which will gradually converge towards the R objective is predicated on the current financing conditions which are accommodative because they are themselves based on the remaining in place amongst other things of the extraordinary monetary policy support offered by the ECB monetary policy. And that's it. That's what markets expect. In a sense they are complacent or not. I think this is part of the more general category of financial stability risks. We certainly monitor, continue to monitor financial markets and so far we haven't seen evidence of bubbles whereby a bubble, they define a bubble as a marked rising asset prices accompanied by a marked increase in leverage. So we monitor financial stability risks. We have not seen any systemic bubble of any kind. We have expressed several times the point that these bubbles ought to be developed with macro-prudential instruments. And I think that's it on this point. On inflation expectations, we have two sets of inflation expectations. The survey-based inflation expectations are market-based. The survey-based have been by and large more stable than market-based ones. It's a long-term point to 1.8 if I'm not mistaken. And they've been quite stable all throughout this period. The market-based inflation expectations have been more volatile as they are based on financial instruments and therefore the market developments for these instruments do affect in a sense also the expectations. We've seen that in a period immediately before and more markedly after the British referendum, inflation expectations by and large across all horizons have declined quite significantly. But then now, of more recent, they are recovering their path. So we're also looking at that. It's part of our information set. Though we have to be aware that certain stable pieces of evidence like for example the correlation between inflation expectations and short-term and actual inflation or inflation expectations and the oil price have been themselves very volatile. So it's very difficult to really draw any stable inference from these correlations at present time. Mr. Yenit here, Frankfurter Agemeiner, Sontag Zeitung. Mr. Draghi, would you rule out raising interest rates while QE is still in place? Let me read you the introductory statement. It's based on our regular economic and monetary analysis. We decided to keep the key ECB interest rates unchanged. We continue to expect them to remain at present or lower levels for an extended period of time and well past the horizon of our net asset purchases. Thank you. Thorsten Schulte, Silberjunge. President Draghi, since the beginning of June, the ECB has bought more than 660 corporate bonds. According to Bloomberg, among these companies are Nestle, Glencore, Novartis, Roche, all in all nine companies from Switzerland that have nothing to do with the euro. So why, Mr. President? That's my first question. The second question is five year corporate bonds with a triple B rating now yield a 0.23%. I repeat, a 0.23%. This is just one notch above junk bond level and I think that's money for peanuts. So your bond buying program only reduces the refinancing costs for large caps. Therefore, it helps these larger companies to take over smaller ones. Your corporate bond buying leads to a distortion of competition. You support the big corporations and you jeopardize the smaller and medium sized ones. My question is how can you justify this, Mr. President? Thank you. Well, I don't have to justify. I'm just saying that it's not true. As a matter of fact, both the corporate bond program and the cover bond program do benefit SMEs as well. They have increased the issuance by large corporates, of course. But in so doing, they free space in bank lending so that you can see actually that the spread between loans to SMEs and loans to large corporates has declined quite considerably. Thank you. Okay, I think we've got, we've exhausted the questions. I look around again. That's fine. I think we're pressed for time anyway. So thank you very much.


Welcome back to the Dominic Dahl show presented by Buffalo Wild Wings I'm Sam Murray joined now with Steven Simmons ice hockey head coach Dominic Dahls and coach tough loss on Saturday Following the UCHC semifinals now that you have time to digest that game and kind of digest the season as a whole How proud of you of your guys for what they did in just year number two. I mean, I think we are looking back at it I think we accomplished a lot. I think just seeing some of the guy I think we're still disappointed on on Saturday and I mean the big goal all along was to was to win the UCHC or at least Give ourselves the opportunity to play for play for a championship, but I mean we've said it before here We've had three major goals, you know going into the year first was to win the Mac We were able to accomplish that second was to receive the buy going into the UCHC We're able to accomplish that and the third was to win the win the championship and unfortunately we fell a little short there But the guys competed battled all year long It was I think it was a special year with having the opportunity to go to Europe and and all the experiences that we had I mean we played played a lot of hockey, you know at the end of the day You know those I think those five games and the short break over Christmas I think took us took its toll a little bit early in the second half of the season, but All in all, I mean, I think it was a step forward for us Yeah, you talked about in your post game interview on Saturday and then throughout the whole year the four seniors on your team Mike Davis, Jordan Watt, Doug Rose and Jacob Caffrey What have they meant to you as a coach for one three of them following you here and two to the program Stevenson program? I mean the three guys that followed me. I mean there's obviously a connection there and You know it The recruitment process for those guys the first time was a I mean those guys are all impact guys at this level and We've spent a lot of time together We've had a lot of conversations over the years and and for them to take the time or or take a chance on this place Start now. I just think help would give us, you know Help us put our best foot forward early on and help to give us an opportunity to compete with some some very good teams and help You know help us achieve our goals calf, I mean he's been rocked solid since the day he got here I mean we don't win a lot of hockey games if it's if it's not for for him I mean there's there's quite a few games in the over the past two years that he's outright stolen for us and You know when you have a top-end goaltender that's gonna give you the chance to win every night That's that's huge at this level. So, you know, I know all those guys have aspirations of going on and playing And I know they will and actually I hope here in the next couple days We can get a couple of them situated with it with an opportunity for the future But I can't thank those guys enough for just giving us a give us a chance early to You know compete for championships Yeah, and then moving on to the future here Do the goals change at all after being able to accomplish what you did in the first two years moving on to year three? No, I mean I think next year. It's again. Yeah, well, let's let's win the Mac I mean now there's it's the second year of that. Let's kind of we'll have another new team and Involved so let's push forward in that and then you know, I think the other big old obviously to win the UCHC And then just year by year keep continuing to to grow and get better and mature and go from there Coach, thank you for for coming here weekend and week out and I wish you the best of luck in the off-season. Thank you For coach Dominic Dolls, I'm Sam Murray and this has been the Dominic Doll Show


One health requires a multi-sectoral approach because the diseases which we work on affect multiple sectors. So a disease like rift valley fever for example affects animals, it also affects people. And so you need all these sectors to come together for such diseases to be better managed. The diseases which require one health approach are complex and they affect several sectors including agriculture, human health, environment. And that's why you need multiple sectors, you need various professionals to come together, including medical professionals, veterinarians, ecologists to combine efforts in understanding how these diseases are transmitted between these sectors. Let's use rift valley fever as an example to demonstrate why we need a multi-sectoral approach. A disease first starts affecting livestock before it jumps to humans. So in that sense you need all these sectors to share information on how the diseases occurring. For example let's consider in 1996-97 outbreak of rift valley fever. Up to 20,000 people affected and slightly over 100 died. But 10 years later in 2006-07 only 700 cases were reported. It doesn't really strongly show any impact but between 1996 and 2007 Kenya developed a one health approach to zoonotic diseases. And that enhanced the response sharing of information as well as implementation of management measures. So in a natural one health approach helps in motivating or in enhancing response and surveillance as well as implementation of disease control measures. So actions which are required to strengthen one health is basically to change our approach. We need to change from focusing on disease control to prevention. And that requires changing culture, changing partnerships arrangement, changing how we plan for disease control. We can cite at least two key actions that are required. One is mainstreaming one health right from the national sub national to community levels to help in developing a coordination plan between communities, between professionals. The other one is building a one health workforce which then takes over the implementation of one health interventions.


My name is Corporal Anthony McDaniel, I'm out here doing warrior games for the Marine Corps. August 31, 2010, I stepped on the IED in Kajaki, Afghanistan, and from there it was like instant amputation. Physically, it's still good cardio endurance training, and emotionally just being around other guys with similar injuries and they all doing the same thing. You know, you click together and believe in yourself and you know, have that positive energy, figure out positive energy for others and it's no worries. You know, just coming out to take the gold, Marine Corps been doing it for the past year, so we're going to keep it going.


Let's see the breakfast in plus TV Africa. We take you through the pages of our national dailies It's been made available by people vendor. We have open a bonka tower here was on standby He joins us this morning by zoom Open a boy is good to have you join us this beautiful Monday morning. Happy holiday by the way All right then Let's take a look at the the punch newspaper together On the punch how to new boo Sean Northwest governors and settled for Shatima, that's the Boron estate governor. I also have not West governors preferred one of them Zulim turned down offer Sources you have can Catholic secretariat fought to new boo and warned Against the Muslim Muslim ticket saying that it's insensitive You also have the former governor of Lagos state Lang Fierce saying Religion ethnicity cannot always determine our part But has that not always determined our part? I'm sure that open a bonka tower cannot wait to react to this terrorist demand four point three billion narrow for Kaduna train hostages This is what you find manufacturers threatened short down over soaring diesel price and FAC allocation drops to two point one trillion in three months Court remands Balonia linked to carry drug deal Again, you find IOC is to remit four hundred billion narrow all debts in July this is according to the NNPC and and Few hits two hundred and fifteen hour per liter in a budger or the cities and queues spread Now, you know how this actually works It would mean that the cost of transportation would also be on the high. I mean what a time we're looking at inflation double digit Almost eight years consecutively without, you know change 17 bodies of Lagos leg I Take that again 17 bodies of Lagos both accident victims Recovered and rain for Lagos resident laments flooding and transport fair hike Another caption says seller travelers orders trapped in Lagos Ibadon express traffic My kidnap is a threatened large-scale attack on Yoruba land. That's what the victim is quoted to say Just before we move away from the punch or shouldn't government candidate disagree on Ames of Amoteco And we quickly move away from the punch just as we look at the nation newspaper Why as set I selected Shatima as running mate by the flag bearer presidential flag bearer Bola I want If we truly understand the challenges upon us as a nation then we must see the imperative of placing competence in government above Religious sentiment quite interesting. That's what the pun the nation I beg your pardon is quoted to say Patrol scarcity persists in Lagos Abuja orders 17 more bodies recovered from the Lagos boat accident APC will win Conveniently or convincingly widows back a court party DIG orders deployed Committee preaches peace. That's the Oshoon 2022 elections Now you find investors Stoppage of the TTB's acquisition of Union Bank. That's another business conversation CBN Titans e-payment rules for banks That's the much we have this morning on The nation newspaper Well, that's a much we can take We do have open a boncateira who joins us via Zoom this morning open a boncateira. Let's start off with the One on the punch newspaper. It talks about the APC having picking, you know Vice presidential candidate for the party How do you react and respond? You know to his candidacy? He's preschool. What I wanted by to say it is it is ominous There's an insult to Christians and a complete disregard The Nigerian feelings We live in a country where you have religious divide whether you like it or not Which is even accentuated more pronounced. We sent the other than that administration We live in a country where the Christians believe they are being persecuted by Muslims and That belief is being justified or bolstered By the killings going on in this country in churches and what have you What is book around book around system tells you we are vast to Western style West time paradigma Living that's what book around is all about. They are vast to eat and the Christians have embraced it And so on daily basis Christians this was not a cue of Christians a Justice we got you can remember the noble Catholic priests that are ready in captivity and what I do So it will be very very happy for any Nigeria But this regard that divide that Discrimination between the Christians and the modulus as pronounced by the Muslim themselves You must address the sensitivity of Nigeria we believe But we believe that if you have a Christian as a president your vice should be a Muslim by his boss And it has become a Principia in Nigeria today. I'm not just Nigeria in most civilized life So when I had that the choice of his vice president candidate was planned and Confident I mean the surface of ethics of Britain and poverty of logic You have Confident Christians in the nuts I think along with the Christian the very Christian as well You have completed to also living came up with this argument that after all his wife is a Christian The wife is not on the balance Yes, those are the best right there is also not on the balance, but then it's a joint ticket Whatever decision the wife takes is not going to affect Nigeria's and in politics public perception index and public perception working Accusia You see you must address the feelings of Nigeria's if you want to be a leader So if you ask me in synopsis This will definitely lead to the In the most In the book has been started the political back-up of that and I cannot show you That as we speak today Christians will not vote for bullet in the book or less His aficionados his supporters are literally those that eat I don't it comes from this table No, Christian cannot even come out to say no Christian will Because I can tell you now that Argument doesn't Why is that argument not an enemy? Then I did have your hand cream They wanted to end the military team that was draconian So they needed a breath of fresh air and anything could have anything was acceptable and more so illegitimacy Enjoy cannot be enjoyed by any living Nigerian today Well, but he I mean even article with his choice It is very very wrong for you to make such a comparison My dear message my dear To please with Nigeria Never ever to consider the ballast in the most presidential Be never because that will be Llamizing Nigeria look at what happened when the cost room that the job should be won by Muslim and you saw you saw the The Corollary generated because if you say he jumps into one by Muslim Then we can also have a tradition because he does a tradition is a religious attack I can also have a current and making it happen and that is why they say Nigeria the surplus society And it's so fortunate that ballastinibu has come for that to widen the peace show the legal special And Nigerians are not definitely not going to vote for ballastinibu Now Bob with the comments that has been attributed to him It talks about Understanding the challenges as upon us as a nation and then we must if we do then we understand the need For placing and the need of placing competence In government From the north that are competent You must as a leader, be sensitive. Sensitive to the people's feelings. If you're not sensitive, then you ask not to be a leader. As long as you have to know both of what to do. Well, let's move away from that now. As you look at the punch newspaper, Phil hits 215 arpa-litre in the FCT and order states as you have the cues. I mean, if you live in Lagos state then you would understand what we're talking about. It's costing a lot of stress for those who reside here. But what are your thoughts? I mean, for a nation that would be described as one that is the biggest producer or producing nation, how can't we get out of this? And when can we really get out of all of this stress? Do you think that we can actually have a short-term plan or what would also be the long-term plan to get out of all of this fuel crisis that we're faced with? My dear, this fuel crisis that seems to have been trackable is as a result of a microscopic view that has benefitted tremendously from this scarcity. When you say how, well, the final is welcome. It's that simple as that. We've been doing come-around meetings. Damn, every time we've done come-around meetings. And at the end of the day nothing is turned around. That is the half. Why would nothing be turned around? Because you have certain persons trying to steamy the efforts of the turn-around maintenance. But once the refineries start working, then they'll be out of business.  What are you talking about? No point. That Mr. President is a beneficiary of that matter. He's the mini-staff of Petroleum. Six months ago, they were going to fix the refineries and import the bills in my whole life. The ones that did that went to Ghana, the city there, so that they are the regular business to try. But open up on Qatar, there's also something. The top of Ukraine war. The top of Ukraine war.  I was going to war. We had oil boom. What's that you do to it? You've got to be the best on strike. No, you can't say that. You can't say that on national television. I mean, I beg that you take that. You have to take that statement. No, no, no, no. Let me not take it. Just pass. I've said it just pass. Let me not take it. Follow my vomit. Why would I follow my vomit? No, it's not a good thing to say. But let's move away quickly from that. Open up on Qatar. We were still talking about petrol and, you know, the issue. Open up on Qatar. Open up on Qatar. The federal government is still saying that the, you know, they feel scarcity and the queues will persist until we fully deregulate. And on the other hand, you were talking about monopoly. The government is saying that deregulation is what it is. So we're just in here for a very long ride until we're fully deregulated. What do you make of this? Because we had Timmy Persever making that statement over.  Okay, you know that is the panacea, deregulation. Are you just realizing that in the twilight of your administration, then you made a promise that when within one, six months, one year, you're going to turn around all the refineries and we're going to put fuel so that the price of fuel will drop. Is it now you're realizing that you need deregulation? And let us see how long the deregulation will take.  I call them pay-per-hand policies. Policies meant to tire the opposition. They come up with all these pay-per-hand policies in order to buy time because they don't have time to get all the processes doing this for that, that, that, we are out of office. The man is in a hurry to go. He has said it himself that he cannot wait to meet. He has said it, so he thought of never saying it. He meant to. That is not what you can do. Your own is even worse than the man you criticize. Said in buying fuel at the cheapest rate, coming up with it, the GDP are not GDP. What I want is the business of the market to come up with GDP. He wants to go and get my great-grandmother, my great-grandmother who is a little bit So, but open about Katera, do you think deregulation is a solution? It is the market. Then you break the monopoly. Does that also trickle down? Does that also trickle down to having functional refiners? I am sorry. I am asking this. I am answering this question. You break the monopoly lesson. What if in that, normally it's out to address the situation because competition sets in ordinarily. But we know what happens in this country. We still have a kabah. And could my boss in the government, PSEDA and PSCN and what have you, is it not worth that when NEPA was inside? When we have NEPA? Is it not worth? It's not worth the same thing. So, what would be different? What would be different? Because you have the kabah. You have the innocence here and there of conspiracy in that deregulation. That's how it starts this year. You do not bring a partnership. But there won't be transparency. There won't be credibility in that deregulation process. So, you still have the same kabah. So, you don't want to give in the worst. If my boss, the government will limit that you have deregulation. Does that PSEDA and PSEDA all the money they call themselves? All the money they give. That is what is going on. It also will be worse off. Don't mention power. That's not what to do. And essentially to the plight of Nigeria, even if you don't deregulate, we are going to make enough money and Nigeria will buy fuel at the cheaper rate and without any hindrass. But you have a runaway government in power. Another one talks about the fact that you have terrorists demanding $4.3 billion for Kaduna train hostages or those who are in captivity right there. What do you also make of this one? Because some people say that the recent prison break is just compensation. It was part of the demand that was made by this terrorist. However, it feels like it was an arrangement. And why would you have them also demanding this amount of money? I mean, what has it become? Is it that we cannot? We don't have what it takes to tackle those persons who are causing unrest and destroying lives and properties in our country. The demand for power is obviously billion. And that is smaller. I thought they were going to have for $200 billion. They are taking their own share. It's another way of taking their own share of oil money. I'm just very sarcastic about Nigeria's misunderstanding. The truth is, like I've always said, the government is complicit. It was a military head of state who said for a national crime to persist, the government is involved. And that is the late General Sanya Bachar. He doesn't say about NABO. That is number one. Number two, we are all aware of the key goals which wish these criminals are handled. Of them, who are in prison? We are, I think, they are watching trial. Not that they have not got convictions. Why the delay? And again, you have the likes of Gumi Kusai. This deal will not end. They will negotiate with these bandits. Gumi is moving free. It's moving free. You have, it was going to last for 20 years. Just to explain to Nigeria how and how he knew that this will last for 20 years. Also, in the situation where the National Security Advisor, we had a good attack, those who succeeded in a good attack, and called for an answer and a mission that not was a boss. Nobody said to. It was rewarded as a general appointment. I said this thing to end. And this also goes because it hasn't made so on Muslim tickets. Because this harbour is with Nigeria called Muslims. They're not Nigeria. Now they say they are Nigerians. They have overwhelmed the country. No. About the year or year about the book. Muslim. How's that man? Not in the game. Not in the game. Not that they've been overwhelmed. That they are committed. And so on. No. It's a different ball game. The government is complicit, my dear. And until you have a government of gratitude that is prepared to address this issue, I bet you you'll contain this insurgence. What if the federal government is not as mighty as we perceive? I mean, it's just possible that there's no might anyway. If you look at the military and you look at every security apparatus, it might just be it. What if we're just leaving highly of ourselves? Even if the government is not as strong as we perceive. Which I impute, I doubt. It doesn't make it. This is where it was won on that scenario. Who prepared the attack? It came and saw from that scenario. What will make you compete the training mode into the armed forces? And these small people provided funds. You provided funds. It was a public, it was a press conference. And they said, This is not for walks. It's not that it's tomorrow now. But for me, there's not many wedding. Where it will go. So I'm so on. If they saw this thing. Where it will go. No one. Open up on guitar. Before we move away to this, the newspaper where we look at the IOCs and the fact that it's been reported that they are killing local oil servicing companies. Let's talk about terrorist and negotiation. I mean, this is the popular thing that government would not or shouldn't negotiate with terrorists. But do you think that the Nigerian government gets into negotiation and conversation with this terrorist? How do you negotiate with terrorists? You can negotiate with militants and not terrorists. I hope you appreciate the distinction. Militants are not criminals. They are not. Militants are those who want to use political means to change the situation. They are not criminals. That's the mistake we don't do. You can negotiate with a militant or you can negotiate with terrorists. How do they negotiate with terrorists? Why would I negotiate with terrorists? Are you saying go and see no more? How do you negotiate? How do you go and see no more? You don't negotiate. But my question is, do you think that the Nigerian government negotiates with this terrorist? I mean, we see the release of these bandits or any other time. And if they negotiate with terrorists...  I mean, governments of different countries and of the world will say, you don't have to negotiate with terrorists. Nobody negotiates with terrorists. But, I mean, let's narrow it down to what's going on. Are we negotiating with terrorists in Nigeria? If you look at that, you know, a lot of people saying that the fact that there was a demand for the release of certain persons who were in captivity and the fact that you had a jailbreak at that particular time, it looks as if it was actually an inside job. It was planned. It was some sort of, you know, negotiation on an agreement that was put out. So my question is, do you think that in all of this that the Nigerian government negotiates with this terrorist? Mostly they have been negotiating now. You need to be told. They have been negotiating. When they talk of amnesty, they said... If you remember when they said how many thousands of terrorists, how did they look at them? How surrendered? They have done their sins and put it in their prison complex and now they have been rehabilitated. Do you remember? This was even just last year because of negotiation. And Erofa, you said, after that whole process, they went back to the booth to continue with their terrorism. Erofa, you said that. Zulu said it and so on. Is that the negotiation we are talking about? Are you talking about the jailbreak? The jailbreak is of a certain amount. How can you justify? How do you explain? Oh, God, God, stop. What is happening in this man? I'll give you a story. We are preparing the jailbreak. You know what's happening? He said, I'm not going to die when I... Don't be... I'm not going to die for my company. This jailbreak, when this kid is out, they want to protect the food. I tell them that's the jailbreak. It doesn't put the prison complex in the mouth. That's what I'm talking about. Open up on Qatar. Let's move away from that. On the this day newspaper talks about the IOC is killing local oil servicing companies in Nigeria. And a stick holder has actually reasoned that concern. The executive secretary of the Nigerian content development and monitoring board said that international oil companies operating in the country maltreating the indigenous firm and making it, you know, in the sector and making it difficult for those local servicing oil companies to thrive. Do you think that this is anything to go by? Also looking at the fact that these IOCs are also divesting and the federal government on the other hand or the government has stated that we need to be worried.  What do you make of this? Open up on Qatar here. Open up on... The IOCs. Yes, what is the question? The question is, do you agree with the school of thoughts that the IOCs are killing local oil servicing companies in Nigeria? The way this IOC is international, we're talking about the international oil companies and how they are maltreating. Well, the truth is, yeah, the truth is, it's a cabal. Maybe don't belong to that cabal. This might be... Do you really change it? It's a cabal thing. So you must belong to that cabal. And for you to belong to that cabal, of course, you must have the nod of the presidency. I did not say president. I said president. And they make sure they postrate every product. And that's why the local government are really complaining. And again, you also talk of perception. You don't say something like that physically. They believe and rely more. They trust the IOCs more than the local ones. I also blame them because they might put in frauds. How do they add capabilities of Nigeria? How is it possible? How is the truth about it? And do they have the capacity? There are so many factors that you have to consider. So many. But then, if you have a government that wants the local ones to go, you can make a way for them. They are through laws, enforcement, and so on. You can. I'll use reverse says, for example, Klaus Jules-Belger Constructing practically everything you can construct in reverse says. But you know what? The laborers from the state, 700 Naira Paddy, but they're slavery. Why? Because the government allowed it. They cried out. They protested. That's why they said the government has a role to play. But we've got rather than addressing it, they were arrested and detained. One is even dead. So it depends on the government. They live in an environment, enforcement of those laws. And now they have no choice. They needed this oil. They're limited now. They're addressing now because of security. But this did not take place. Okay? The government went to sleep. Excuse me. Not just the whereas government. I'm talking about giving the government that predicted whereas government. Why? Because they are also beneficiaries. That was the truth about it. So it's all about the community. It can be addressed. It depends on the government. Well, I mean, from all that you have talked about this morning and for everything that we always talk about, it seemed that the problem lies where there's no wheel. It feels like we're just a polity. In nature. Exist and then you have leaders who do not have the will power to make anything work. Because it feels like it's just no wheel. If there's a wheel, then there will be a way. Yes, I just thought it was necessary. We are presidents that I'm back on the long side under the land of indiscretion in nature. And I am here to be back. Oh, for now, boy, it's always interesting. I mean, speaking with you. Thank you so much for being part of the breakfast this morning of the president. Precisely. You look good. You look quite good. Thank you. I appreciate. We look forward to sharing your thoughts and some of national issues as we progress towards 2023. Thank you so much for being part of the show. We take a breakdown. And we'll return. We're looking at our first major conversation right here. Are we going to, you know, have a point where you have Nigerian citizens of the country? Getting to that stage where they're so angry and so tired of the status quo. And then they decide, you know, to troop out, take a walk to the streets.  I mean, we're talking about all paths of the country and I'm showing that their voice and their demands are being met. That would be our focus when we return. Please stay with us.