Employees globally over the next five years, and why the company is setting such an ambitious target in the middle of a media firestorm. But first to our top story. Facebooks plans to create its own cryptocurrency, libra, is not getting love from lawmakers. And you can add fed chair Jerome Powell to the list. Take a listen to what he told the House Financial Services committee on wednesday. While the project sponsors Public Benefits including improved Financial Access for consumers, libra raises many serious concerns regarding privacy, money laundering, Consumer Protection and financial stability. These are concerns that should be thoroughly and publicly addressed before proceeding. Facebook has a couple billion plus users so you have for the first time the possibility of a very broad adoption. If there were problems there associated with money laundering, terrorist financing, any of the things that we are all focused on, including the company, they would rise to systemically important
A lot of money involved the Global Market for Waste Recycling is worth 300000000000. 00 thats according to consultants from frost and sullivan Plastics Recycling alone is estimated to account for 37600000000. 20 between 1950 to 2078 point 3000000000 metric tons of plastic has been produced so lets put that in context thats a quibble and 25000. 00 empire state buildings or thats enough to cover the entire country of argentina were still 3 quarters of all plastic produces now and landfills or in the ocean only 9 percent gets recycled and 12 percent isnt center rated. Over 25 years china imported 106000000 metric tons or 45 percent of all Plastic Waste and china will only by Plastic Waste it is 99. 9 percent pure in other words recyclable exporters mostly from rich nations scramble to find new markets such was the scale of chinas imports countries like malaysia indonesia thailand and vietnam were soon swapped and unable to cope it took the philippines 6 years to send 60 containers of toxi
As you mentioned, shares popped around 50 when compared to the socalled Reference Price of 26 a share. But no investigator actually made a quick oneday gain of 50 , as they might have in an initial public offering. In fact, the most any Public Market investor would have made buying and selling slacks shares yesterday is about a 9 return thats because the Reference Price is more of an arbitrary one set by the Financial Advisers in the nyse and a direct listing, so no shares were actually sold at that level. The shares opened at 378d 38. 5 rose as high as 42 and ended at 38. 62 to many, thats the beauty of the direct listing strategy versus the more traditional ipo. Theres no favoritism on the part of the underwriters and theres no money left on the table, because slack didnt raise capital in the first place. Overall, slacks debut was viewed largely as a success. And further evidence that the direct listing model works there were no crazy price swings Trading Volume was manageable, and t
Honeymoon from the rancher modis landslide victory was short lived reality struck as the economy lost its title as the worlds Fastest Growing large economy and truth the economy was brushed under the carpet as modi concentrated on Security Issues modi had carefully crafted his image around his track record in the Economic Development of his native state of gujarat he promised to repeat that performance nationwide the economy expanded just 5. 8 percent putting it firmly behind chinas growth of 6. 4 percent asias 3rd biggest economy managed to grow 6. 8 percent in the full fiscal year ending march 31st its slowest growth since 2014 and thats a problem because india needs to create 10000000 new jobs a year to keep up with the 1000000 young people entering the workforce every month and the trouble is that not even the former economic adviser believes the countrys economic numbers now modi has appointed the countrys 1st female finance minister since interior gandhi to tackle the challenges
A lot of money involved the Global Market for Waste Recycling is worth 300000000000. 00 thats according to consultants from frost and sullivan Plastics Recycling alone is estimated to account for 37600000000. 00 in 2018 between 1950 to 2078 point 3000000000 metric tons of plastic has been produced so lets put that in context thats a quibble and 25000. 00 empire state buildings or thats enough to cover the entire country of argentina were still 3 quarters of all plastic produces now and landfills or in the ocean only 9 percent gets recycled and 12 percent isnt center rated. Over 25 years china imported 106000000. 00 metric tons or 45 percent of all Plastic Waste and china will only buy Plastic Waste that is 99. 9 percent pure in other words recyclable exporters mostly from rich nations scramble to find new markets such was the scale of chinas imports countries like malaysia indonesia thailand and vietnam were soon swapped and unable to cope it took the philippines 6 years to send 60 con