Pictured above, European Chief Negotiator for Brexit Michael Barnier delivers an address in Dublin on Thursday The CFTC has a lot of experience in the supervision of clearing houses both in the United States and abroad, Giancarlo said.'We welcome the opportunity to discuss the CFTC's experience with officials in Europe.'He also said that given the closeness of the US and European derivatives markets, what Europe decided 'undoubtedly will inform the evolution of US regulatory policy for cross-border swaps clearing.'Giancarlo called for changes to the 'supplemental' leverage ratio, or SLR, that the world's top banks must comply with.The SLR, designed by global regulators, is based on a 'flawed understanding' of how clearing works and harmed market liquidity, he said.
The weapon could wipe out much of a city, but the pulse from a high-altitude blast could sow chaos and destruction far wider.
North Korea's state news agency warned that the weapon 'is a multifunctional thermonuclear nuke with great destructive power which can be detonated even at high altitudes for super-powerful EMP attack.' A nuclear bomb detonated 19 miles above the earth would affect Kansas and the surrounding states.
One detonated at an altitude of 294 miles would affect most of the continental US.
All of these things depend on electricity in one way or another.'The higher the bomb is detonated, the wider the EMP's range of effect.
A bomb detonated 19 miles above the center of the country would affect all of Kansas and Nebraska, almost all of South Dakota, and substantial chunks of surrounding states.