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Fridays are awesome. Welcome one and all to
CNN 10. I`m Carl Azuz. It`s good to see you. The world is watching today as the 2018 Olympic
Winter Games officially kick off in Pyeongchang, South Korea. The nation has hosted the Olympics before,
the 1998 Summer Games in the capital of Seoul. But this is South Korea`s first winter Olympics
and there are a number of other firsts planned
for these games. For one thing, four new events will take place
including big air snowboarding, big air freestyle skiing, mass start speed skating and mixed doubles curling. For the first time, more than 100 medal events
will be held at a winter games. And six countries, from Ecuador to Eritrea
to Singapore will be represented for the first time at a Winter Olympics. Akwasi Frimpong isn`t only the first skeleton
athlete representing Ghana, he`s the only African man competing in these games. And for the first time, a delegation from
the Vatican has been invited to the opening ceremony and an orthodox Jewish athlete will
be competing. These are just a few of the ways these games
will make history, not to mention the headlines they`ve already grabbed when it comes to the
rivalry between South and North Korea. On both sides of the Korean Peninsula, two
drastically different scenes. In North Korea, a massive show of military
force. In South Korea, ceremonies kicking off what they call the Peace Olympics. Analysts say the parade in Pyeongchang displayed
more intercontinental ballistic missiles at once than we`ve ever seen before. Previous
parades featured just one or two of the missiles North
Korea claims can hit the mainland U.S. Now we`ve seen today at least seven of those.
And so, it does suggest while still a small number that a production has started in some
way. Analysts say the actual missiles are likely
hidden away. Military parades usually feature mockups to protect the North Korean leadership, including Kim Jong-un, making a rare appearance
alongside his wife, North Korean first lady Ri Sol-ju. Today`s military parade will show off the
status of the powerful DPRK, said the North Korean leader, which has developed into a
world class military power. In South Korea, a welcoming ceremony for North
Korean athletes, and a rare sight, the raising of a North Korean flag on South Korean soil. But not everyone was giving the North Koreans
a warm welcome. Dozens of anti-Pyongyang protesters staging a noisy demonstration, as South Korean President Moon Jae-in prepares for a historic
meeting, lunch with Kim Jong- un`s younger sister, Kim Yo-jong, the first member of the
ruling Kim family to step foot on South Korean soil since the Korean War in 1950. Ten-second trivia. Which of these terms comes from a Latin word
for “puffing up”? Inflation, boom, consume, gorge? The Latin root of the word “inflation” can
describe a blowing up or puffing up or inflammation. In modern economic terms, inflation occurs
when the things and services we buy get more expensive and our money doesn`t go as far
as it used to. Concerns about inflation are a major
reason why the U.S. stock market has been so volatile lately. It said the market is
driven by fear and greed, and recently, investors have been
afraid inflation will hit the economy. That`s why the Dow Jones Industrial Average
of 30 significant stocks saw another major drop yesterday, closing down 1,033 points
even though the economy is considered strong. What`s driving market turmoil? The biggest
reason is fear of inflation. Look at the job market. Job gains are strong
and unemployment is historically low. Businesses are struggling to find and keep workers. So, yes, that means they have to pay them more.
Wages are finally going up, which is great for Main Street, but Wall Street is worried. For years, steady growth in the economy and
low inflation were great for stocks. Corporate profits soared, the Federal Reserve kept interest
rates low. But if inflation picks up, the Fed could
be forced to raise interest rates more aggressively than expected. And the market is addicted to low rates. Higher
rates could deflate stocks. That`s because higher interest rates tap the economy`s brakes, making it more expensive for businesses to
borrow money, to invest and grow. Fueling these fears about inflation is tax
reform, yes, tax cuts drove breathtaking market gains, pushing the Dow up 8,000 points. But
giving a cash injection to an already healthy economy
can have side effects like inflation. Look, inflation is still historically low,
don`t get me wrong. And overall, it`s been relatively stable since the stagflation of
the 1970s. Experts at the Fed expect that trend to continue,
predicting inflation under 2 percent this year. But investors aren`t so sure. For now, it`s too early to tell if the market
is actually overheating or just pausing its epic bull run. (END VIDEOTAPE) AZUZ: Now to India, it`s the world`s second
most populated country today, with more than 1,300,000,000 people. But it`s expected to
surpass China in the mid-2020s and become the world`s most
populated nation. India struggles with high population density
and poverty. But its power is expected to grow as its economy does, along with its relatively
young population. This is why India`s car industry
as being watched as more Indians start to drive. CNN`s Nikhil Kumar looks at the impact that
electric cars could have, while they pollute less on the road, it could still take more
energy to manufacture them and cause population to generate
the electricity needed to charge them. But will they reshape an industry? It`s already the world`s fifth largest car
market. More and more Indians are buying cars for the first time as the economy grows. We have a huge population and the aspirations
(ph) are also growing so people have started buying cars. Sugato Sen from the country`s leading car
industry body says India is still playing catch-up with the West. And India isn`t just buying more cars. It
wants to make more cars and it wants to sell them to the world. It`s all part of Prime
Minister Narendra Modi`s make in India initiative, a drive to
boost manufacturing. But more cars also means more population,
already a major problem in big Indian cities like Delhi, which is why there`s a growing
focus on electric technology. In fact, last year, one of Modi`s
top ministers said India`s aim is to make sure that by 2030, most cars in the country
are powered by electricity. But there`s a long, long road
ahead. It`s not just about cars. To achieve its electric
dream, India needs to build more and better infrastructure, take access to electricity. It`s still a problem in parts
of this country. And even when there is power, it`s not only it`s always regular, all that
needs to change. For now, sales are low, very low. Mahindra
and Mahindra, the top manufacturer in India`s electric car market says it`s sold 1,200 such vehicles last year. But the mood is still
upbeat as companies eye hundreds of millions of potential new customers. In the last six to nine months, the potential
of electric vehicles becoming mainstream has increased substantially. Pawan Goenka heads Mahindra and Mahindra,
which has been in the automobile business for 70 years. If India succeeds, it won`t just achieve a
manufacturing goal, with some 12 million young people entering the workforce each year, India
desperately needs new ways to generate jobs. Modi himself
came to power promising to help young Indians find work. It seems a concentrated dinoflaggellate bloom
with a high degree of bioluminescent has illuminated Big Sur with an almost phosphorescent glow of phytoplankton. Well, we`re an explainer show, so let`s get
to explainin. These are a wave. They`re party. They`re aglow
like that because bioluminescent phytoplankton, organisms in the ocean, are blooming. A lot of them group together in relatively calm
ocean conditions, lights up the waves with a bluish glow. For some, seeing it in California was a Big
Sur-prise. But that kind of thing tends to glow on you. It`s a very bioluminessence of
nature`s beauty, makes for an illuminating report,
as long as you don`t mind us making light of it. I`m Carl Azuz and we hope your weekend is
phytoplank-10 out of 10.

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