In this episode of Keiser Report from Mexico City, Max and Stacy discuss the markets rallying on horrible coronavirus news as bad news continues to be the greatest news of all as investors bet that the central bank will come to the rescue with more free cash. They also look at the state of Utah sending employees all the way to Mexico in order to benefit from the lower pharmaceutical prices that the Mexican state negotiates with Big Pharma.
In the second half, Max interviews Jose Rodriguez of Talent-Land.mx about the gathering of 70,000 people in Guadalajara to change the world with talent.
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In This Story: London
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In This Story: markets
4 Recent Items: markets
In This Story: Mexico
Mexico became an independent nation state after the successful Mexican War of Independence against Spain in 1821.
Mexico is a developing country, but has the world’s 15th-largest economy by nominal GDP and the 11th-largest by PPP, with the United States being its largest economic partner. Since 2006, a conflict between the government and drug trafficking syndicates has led to over 120,000 deaths.
Mexico receives a significant number of tourists every year; in 2018, it was the 6th most-visited country in the world, with 39 million international arrivals.
4 Recent Items: Mexico
In This Story: Moscow
Moscow, on the Moskva River in western Russia, is the nation’s cosmopolitan capital. In its historic core is the Kremlin, a complex that’s home to the president and tsarist treasures in the Armoury. Outside its walls is Red Square, Russia’s symbolic center. It’s home to Lenin’s Mausoleum, the State Historical Museum’s comprehensive collection and St. Basil’s Cathedral, known for its colorful, onion-shaped domes.
2 Recent Items: Moscow
In This Story: Russia
Russia spans more than one-eighth of the Earth’s inhabited land area, stretching eleven time zones, and bordering 16 sovereign nations. Moscow is the country’s capital.
The Soviet Union was dissolved in 1991 and since 1993 Russia been governed as a federal semi-presidential republic. Russia is a major great power, with the world’s second-most powerful military, and the fourth-highest military expenditure. As a recognised nuclear-weapon state, the country possesses the world’s largest stockpile of nuclear weapons.
3 Recent Items: Russia
In This Story: Utah
The territory of modern Utah has been inhabited by various indigenous groups for thousands of years, including the ancient Puebloans, the Navajo, and the Ute. The Spanish were the first Europeans to arrive in the mid-16th century, though the region’s difficult geography and climate made it a peripheral part of New Spain and later Mexico.
Disputes between the dominant Mormon community and the federal government delayed Utah’s admission as a state; only after the outlawing of polygamy was it admitted as the 45th, in 1896.
A little more than half of all Utahns are Mormons, the vast majority of whom are members of the Church of Jesus Christ of Latter-day Saints (LDS Church), which has its world headquarters in Salt Lake City. Utah is the only state where most of the population belongs to a single church. The LDS Church greatly influences Utahn culture, politics, and daily life, though since the 1990s the state has become more religiously diverse as well as secular.
The state has a highly diversified economy, with major sectors including transportation, education, information technology and research, government services, and mining and a major tourist destination for outdoor recreation.
A 2012 Gallup national survey found Utah overall to be the “best state to live in the future” based on 13 forward-looking measurements including various economic, lifestyle, and health-related outlook metrics.