The internet has something so many of us take for granted but africa still lags behind other regions in terms of online connectivity now some of the big tech firms are racing to bridge that gap but at what cost what happens when the same Company Controls the content and its delivery this is inside story. Hello im come out santa maria from video chatting to working from home one thing that is keeping us all going during this lockdown is a good Internet Connection think about when the online world became part of your everyday life and how transformative it was ordering banking educating building a business all from your computer and then from your phone but in africa in 2020 only 4 in every 10 people has access to the internet and so tech firms are seeing an opportunity they want to develop the internet infrastructure there for example facebook and google teaming up with Telecommunications Firms to build cables under the same project which i aim to connect to the continent to the middle
Sb Committee Comes to order. Good afternoon. And welcome to our witnesses and audience members. Let me thank you all of you, for coming, and for participating in this subcommittee hearing. Right here. I think were all pretty familiar with this new virtual setting. But because this is our First Virtual hearing of this subcommittee, i want to take a moment to provide members with a few reminders before we begin. We will proceed in the same fashion as this committee always has. We will begin with Opening Statements by the chair and Ranking Member. Followed by testimony from our witnesses, and an opportunity for every member to inquire for five minutes. We will dispense with our practice of the given and instead go in order of seniority for questioning alternating between minority and majority members. Members are advised that the clerk may mute those who are not speaking in order to limit background noise and feedback. However, all members are responsible for unmuting themselves when they
Right here. I think were all pretty familiar with this new virtual setting. But because this is our First Virtual hearing of this subcommittee, i want to take a moment to provide members with a few reminders before we begin. We will proceed in the same fashion as this committee always has. We will begin with Opening Statements by the chair and Ranking Member. Followed by testimony from our witnesses and an opportunity for every member to inquire for five minutes. We will dispense with our practice of observing the gibbons rule and instead go in in order of seniority for questioning, alternating between minority and majority members. Members are advised that the clerk may mute those who are not speaking in order to limit background noise and feedback. All members are responsible for unmuting themselves. When they are recognized for their five minutes or when they otherwise seek recognition. I want to thank you all for your patience as we navigate this new technology. In order to continu
The internet is something so many of us take for granted but africa still lags behind other regions in terms of online quantitative easing now some of the big tech firms are racing to bridge that gap but at what cost what happens when the same Company Controls the content and its delivery this is inside story. Hello im come all santamaria from video chatting to working from home one thing that is keeping us all going during this lockdown is a good Internet Connection think about when the online world became part of your everyday life and how transformative it was ordering banking educating building a business all from your computer and then from your phone but in africa in 2020 only 4 in every 10 people has access to the internet and so tech firms are seeing an opportunity they want to develop the internet infrastructure there for example facebook and google teaming up with Telecommunications Firms to build cables under the same project which i aim to connect the continent to the middl
After jay powell made down beat comments about the economy just as coronavirus cases were spiking in the south and the west today the fed chief once again made it clear that the economy remains weak and were seeing more gigantic coronavirus spikes in the south and west this time the dow surged 527 points as it jumped 1. 90 , nasdaq pole vaulted 1. 57 . How is this possible how is it possible goes down gigantically, same thing, next time goes up two key differences. First the fed is planning to buy individual Corporate Bonds to ensure Companies Stay afloat if we had survival of the f fittest, powell is doing everything to limit carnage, survival of everybody. Second, we had the biggest sales gain in history up 17 in may. That sounds very vish we have a super accommodating fed at the same time were Getting Better data which means the recovery has staying power and almost broke oil company or restaurant chain wants to issue bonds, the fed would probably buy them i know there are a lot of