Thursday, December 5, 2019

Notes From All Over, Part 1 -- December 5, 2019

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Politics: The US House will vote to impeach President Trump. The US Senate has the entire month of January cleared for the trial.

The market: was headed marginally higher before the US House (Ms Nancy Pelosi) announcement. After the announcement, the Dow turned slightly negative.

Macron's France, this is how you cut your CO2 emissions, from zerohedge:
In what appears to be the biggest disruption to French society since the gilets jaunes demonstrators nearly torched Paris last year, public workers across the country stayed home on Thursday, immobilizing public transit across the country as the first general strike in more than 20 years began.

The walkout was called by unions angry at President Emmanuel Macron's pension reforms (not unlike how a planned - then scrapped - gas tax hike sparked the giles jaunes).

The biggest industrial action of Macron's tenure is, so far, staggering in scale: 50% of French teachers are off work, nine out of ten trains were cancelled and eleven of the fourteen underground lines in Paris are closed. A total of 245 separate demonstrations have been announced across France as students, firefighters, healthcare workers and others joining in. Strikes at Air France forced a wave of flight cancellations, leaving thousands of travelers scrambling for a workaround. Air France cancelled 30% of its domestic flights and 10% of international short- and medium-haul flights on Thursday, RT reports.
Got corn? From a 2014 NASA press release.
Data from satellite sensors show that during the Northern Hemisphere's growing season, the Midwest region of the United States boasts more photosynthetic activity than any other spot on Earth, according to NASA and university scientists.
In other words sucks up more CO2 and releases more O2 than even the Amazon. 

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