News that cuts to stop Green Energy Solutions and resource station. Crew to interact its content teaching the next generation but it took such action. Using the channels available to people to take action. And were determined to done some thinking for the next generation. Sfi environment series of global 3000 on d w and online. U. S. Lawmakers grill a top facebook executive over the companys plan to leave for a crypto currency. If the tech giant cant convince washington to trust it what are the odds it can sway regulators around the world. Also on the show the good times continue for 2 top u. S. Investment banks. Reported Solid Earnings but its not all positive news on wall street. And a new space race is preparing for liftoff and a german firm stand to profit from nations and companies lofty ambitions. This is your d. W. Business report im stephen beards in berlin thanks for joining us facebook executive david marcus told the New York Times last month that the companys new Cryptocurre
Your Business Report im stephen beards in berlin thanks for joining us facebook executive david marcus told the New York Times last month that the companys new Cryptocurrency Libra could be quote a profound change for the entire world and quote on tuesday markets delivered a much more subdued message to u. S. Lawmakers libra wouldnt threaten the current Monetary System and it wouldnt seek to replace sovereign currencies senators were skeptical to say the least take a look. What consume david marcus head to Facebooks Libra subsidiary kelly for a face to panel of senators who werent prepared to pull their punches that facebook is dangerous. After all the Times Facebook is abuse the Publics Trust and you know that you really think people should trust facebook with their hard earned money trust us primordial and weve made mistakes in the past and we have been working in our continuing to work really hard to get better Central Banks worldwide have raised concerns that lever could become a r
To replace sovereign currencies senators were skeptical to say the least take a look consume david marcus head of facebooks lever a subsidiary for a face to panel of senators who werent prepared to pull their punches or facebook is dangerous. After all the Times Facebook is abuse the Publics Trust and you know that you really think people should trust facebook with their hard earned money trust this primordial and weve made mistakes in the past and we have been working in our continuing to work really hard to get better and Central Banks worldwide have raised concerns that libor could become a rival to sovereign currencies david marcus out and out tonight that was facebook saying and promised the Senate Banking committee that the crypto currency would not be in anyones digital wallet until Global Regulators were satisfied. We will take the time to get this right we expect the review of libra to be among the most extensive ever we are fully committed to working with regulators here and
A profound change for the entire world and quote on tuesday markets delivered a much more subdued message to u. S. Lawmakers libra wouldnt threaten the current Monetary System and it wouldnt seek to replace sovereign currencies senators were skeptical to say the least take a look. Ahead to facebooks leave or a subsidiary for a face to panel of senators who werent prepared to pull their punches. Facebook is dangerous. After all the Times Facebook has abused the Publics Trust and you know that you really think people should trust facebook with their hard earned money trust us primordial and weve made mistakes in the past and we have been working and are continuing to work really hard to get better and Central Banks worldwide have raised concerns that lever could become a rival to sovereign currencies david marcus out and out tonight that was facebooks aim and promised the Senate Banking committee that the cryptocurrency would not be in anyones digital wallet until Global Regulators was s