Finally they gave up invented by me and i say this but returns with the sewing machine sewing i suppose was more apt procreates for goods than writing advice as no i wanted to reach out to those woman back home who had bones by the duties and social rules and informed them of oded basic rights my name is the about of people and they were. European companies complain about bullying from beijing they say officials are refusing to let many of their executives and staff back in the china for work after being expelled when the pandemic broke out. Also show that the mobility race heats up the cio what else is another major electric Vehicle Partnership this time. With a start up nicola. And zoom google meet how about googles open can use own web based Video Conferencing platform is gaining traction there and looks to expand across the continents. Bill of welcome to the show ive seen bears in the lead its good to have you with us a new survey suggests chinese officials are using the pandemic t
Questioning its safety and whether or not it will actually bypass Central Banks well for more on this were joined by political host ben so on and christiane i ben lets start with you because this is something that weve talked about multiple times on this show that the fed will soon attempt to create its own Digital Currency now i think its fair to say this move doesnt catch you as a surprise break down what this could look like would we have a digital wallet separate from your regular Bank Accounts well essentially thats probably what would happen i guess thats what theyre trying to get in my teeth to take a look at whats fascinating about this is the feds terminology ive been saying for well over a year the fed was going to do this at some point very soon in fact i think i even said it this week and yet here we are at this moment where the fed is saying well were going to create a hypothetical Digital Currency is not hypothetical dont even talk like that right thats ridiculous termino
The United States and good luck to them right now when you watch whats happening with big coing now on the rise again headed back towards 12000. 00 and probably from there so i think its going to be an interesting kind of process to watch this happen but theres a 2 to 3 years thats an eternity in the lifespan of Digital Currency that gives a bit quaint a chance to go even higher but kristie you 2 have been very critical of this idea as government backed Digital Currencies are not the same thing as crypto currencies are you weary of this move by the. Extremely this is very very concerning because the entire point of crypto currency was to have Financial Freedom and bypassed the central bank as a whole so now its c. B. C. s us centrally or something going to counter the exact same problems that we currently have with the us youre going to be subject to the manipulations by the central bank whether or not they want to tighten or loosen their Monetary Policy theyre going to be subject to a
Wisconsin protests. World Central Bank Leaders coming together virtually, Federal Reserve chair jay powell speaking at key economic conference and investors closely watching what he has to say. Ahead of the speech, few hours are lower. We are taking a look at decline at start of trading. S p and nasdaq hit record highs again yesterday. This morning dow futures down 88 points. Mornings with maria live right now. Global markets this morning are red across the board. Take a look at european indices, the cac quarante down 31 and the dax index lower by 52. In asia overnight markets mostly lower, worst performer was korea down more than 1 . Top stories that we are watching this morning. Night 3 of the Republican National convention honoring americas bravest, devoting their lives defending our freedom. Since 9 11 ive seen americas heros up close. Some of them saved my life. Service, its more a word to me, its a way of life. Maria meanwhile mike pence touting President Trumps economic success
Fair to say this move doesnt catch you as a surprise break down what this could look like would we have a digital wallet separate from your regular bank accounts. Well essentially thats probably what would happen i guess thats what theyre trying to get in my tea to take a look at whats fascinating about this is the feds terminology ive been saying for well over a year the fed was going to do this at some point very soon in fact i think i even said it this week and yet here we are at this moment where the fed is saying well were going to create a hypothetical Digital Currency is not hypothetical dont even talk like that right thats a ridiculous terminology the reality is the fed knows that its way behind the rest of the world in this way behind the cryptocurrency boom that has taken place since 2013 with the advent of big going and then moving forward from there and so theyre trying to catch up now while pretending what were checking safety were checking security no theyre not what they