Freeworld Trading News Round-Up – Episode 11

Firstly, congratulations to Ailsa, she has given birth to a baby boy called Noa. We wish her and her family very well.

Currency

Euro, Dollar and Pound are all volatile, and uncertainty seems to be increasing. The possible Greek exit from the Euro, the aggressive stance from Putin towards the Eastern borders of the EC, and the crisis in the Middle East especially surrounding ISIS and Syria, are all factors contributing to this uncertainty. Let’s see how the elections in the UK and US affect this.

California’s Water Dilemma

Last week, California Governor Jerry Brown announced his state’s first-ever mandatory water restrictions, in an effort to deal with the worst drought in the state’s history.

“It’s a different world,” Governor Jerry Brown said as he unveiled the plan. “We have to act differently.” What he did not say, however, was that some will have to act more differently than others.

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We talk about just how much water we need for our food, and why the dessert state that is California faces the biggest environmental crisis – the water dilemma, all the more made worse by its increasing populations and growing economic demand.

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