National currencies and subject to supply and demand for their own capron is director of the Financial Technology research and Consulting Firm kaplan asia he says libor is expected to prove more popular than other digital currencies. Well i think what were looking at is a more likely adoption a platform with something might be quite a bit quaint news completely decentralized moves very difficult to use when you have one of the things that facebook is trying to implement with this is usability so in all likelihood at this launches it would be tied in to things like whats out its but messenger now the platforms like e bay as well as credit card so they use ability in the adopted option of. Crypto currency or as a matter of changing money to moving value you much higher than the coin well i think for governments and the reason that theyre so concerned about that is theres obvious laundering in k. Y. See concerns around that as as one of the officials mentioned before is going to want to w
All a question of sovereignty you have states People United states from germany italy or sovereign states who is sovereign currencies. Youre all and so on and just sticking to some very strong commitments some very strong borders we cannot accept to have the new currency having exactly the same kind of poor without the same kind of war without disinclined of commitments and without the same kind of obligations and there is also a concern about Money Laundering there is a concern about the funding of terrorism we have spain for many years before address things and being able to fix that issue of Money Laundering and of funding of tourism. On tuesday u. S. Senators questioned the facebook representative over the proposed currency david marcus told the Senate Banking committee the company would not control libra but one senator said facebook is delusional to think people would trust it with their money facebook is burned down the house over and over in every arson a learning experience lo
A civilian coalition sign a power sharing deal. The u. S. Left sanctions against Myanmar Military leaders accused of the mass killing of revenge of muslims. And in sports one of footballs smallest source harmfully Young Players survives that his new club an attorney. And u. S. Court a sentence mexican drug lord Joaquin El Chapo guzman to life in prison plus 30 years he was convicted in february of murder conspiracy and Drug Trafficking u. S. Prosecutors say he sold more than 12000000000 dollars worth of Illegal Drugs well chaplains lawyer of the trial was unfair and that he appealed the judgment. This case was simply an inquisition it was a show trial and how it ended is exactly perfect for that description in that it didnt make a difference what the jury. Saw what they said what they discussed what they voted on at the end of the day all that mattered was the governments evidence a matter how flawed it may have been the matter how many lunatics and sociopaths and psychopaths that it d
Center bombing during his sentencing guzman complained about being confined by himself for 24 hours a day calling it psychological torture but his complaints did not move the judge who sentenced him to life behind bars plus 30 years and ordered him to forfeit 12600000000. 00 in assets as one prosecutor said after guzmans trial ended the worlds most notorious drug kingpin now faces the rest of his life behind bars no chance of escape and no return kristen salumi aljazeera new york. Still ahead on the move the u. S. Imposes new tougher sanctions against myanmar member training class. Impeaching donald john. President of the United States of hard misdemeanors donald trump as a racist comments about 4 female congresswoman. Want to tend to impeach him. Weve still got plenty of showers longer spells of rain across central and eastern parts of china just trying to into the mix this big swathe of cloud which is just not in its way into the south china seas that will bring increasing cloud and
Where el chapo will spent the rest of his life. Hello. The World Health Organization has declared the latest double outbreak in africa a Public Health emergency of international concern. That is the highest possible emergency response. The announcement was made days after it spread to a major regional hub on the border with rwanda. After hours of deliberations by the Emergency Committee of the World Health Organization over the status of the democratic republic of congo, members have decided it requires an international response. The rationale is to better cope with the volatile characteristics of this outbreak. The strategy is not to be changed. We need to intensify the actions or serve to become more proactive. Officials traveled to pray for the sick. He died earlier this week. Workersorder, health are taking no chances. Rwanda has told its citizens to avoid traveling to the city. They have been warned against closing borders. Say many offficials those who came in contact with preach