Part in any industry if its all secured to this specific. Money you could you please talk to you when you lose one night you its. Very time officials ike knowledge the enormity of the problem and ive warned anyone against dumping ships in the area published adequate minorities and thats fine those that have their vessels along the routes abundant in the areas i join in operation are out to remove their wittiness thats impeded the ones that request or didnt i think on those ones are beautiful right now as we speak. Rich in oil and fishery sources the gulf of guinea attracts heavy shipping traffic but maritime experts say that could change unless they are thought to stop their waterways from becoming dumping grounds. These few breaks have laid here for many years then argued in Maritime Administration and safety agency. So recently removed from my those are a few of the many of the abundant ship that litter the waterways of the gulf of guinea and as traffic increases so do the risks they
Now on bbc news live to singapore for Asia Business report. Zuckerberg grilled on the hill. Us lawmakers challenge facebooks boss over his crypto currency plans. The rise of the robots. What they be helpful mechanical friends or just steal ourjobs . It isa it is a thursday. Good morning asia and have a world. Glad you could join us for this exciting addition of Asia Business report. I am rico hizon, lets start with critter currency because Facebooks Mark Zuckerberg has tried to reassure sceptical us lawmakers over the safety of their proposed Digital Currency libra. At a testimony in congress, us lawmakers attacked plans for the pay system warning it could be abused by criminals and terrorists. He told the hearing he understood the reservations about libra but was determined to persevere. The idea behind libra is that sending money should be as easy as sending a message for some it will be a global Payment System fully backed by a reserve of cash and highly liquid assets. And i believe
That libra would not be limited to those for membership regulators were satisfied it would not be a source of instability but his message that his only concern is a level financial field was met with skepticism here for every term 00 washington. Lets take a closer look at libor that its a Digital Currency being developed by facebook which would allow users to buy products and transfer money and nearly no fees unlike bitcoin libras value will be tied to National Currencies and subject to supply and demand Facebook Says it would not fully control the currency but have just one vote in the libor association originally the libor association had 28 founding members but now as youve been reporting 7 Major Players have left the project including pay pal visa master card strike and joining me now is glen goodman author of the crypto trade up so it was quite the grilling that Mark Zuckerberg had today in front of congressional lawmakers did he really have any hope of winning them over on this i
Convention of rise of to the child the children who are to the have learned of these rights during this workshop. Confirmed and there is stressed on their right to live their rights to live in security and stability in their country they have also. Drawn paintings and also called during our masses to the United Nations secretary general to. To give them these rights in order to live in their country in stability and security and also that the you have the right to get to get access to education as most of these calls there are around 300 schools that have been destroyed by during this war and also some of the them have been turned into makeshift centers for displaced people so that if this situation is a difficult for yemeni children this is the wall that celebrates these are sea. Anniversary mohammed thank you for that mohammed there at the live n. Funner thank you. Now one of the Worlds Largest oil and gas firms is pulling out of a deal with saudi arabia russia as a lower court in ef
One fire is threatening the Ronald Reagan president ial library. Unprecedented extreme red flag warnings have been issued for much of the state. More on our website bbc. Co. Uk news and the news app. Now on bbc news, live to singapore for Asia Business report. Markets for Asia Business report. Cheer as the fed cuts agi wall markets cheer as the fed cuts again. Wall street closes higher after the Us Central Bank lowers rates for the third time this year. The sun shines on silicon valley. Us Technology Giants apple and facebook give investors plenty of reasons to celebrate. Welcome to Asia Business report live from singapore. Lets start with the World Economy because the Us Central Bank has cut Interest Rates again, hoping to shield america from the impact of trade wars as well as the global slowdown. The Federal Reserve lowered the target for its benchmark rate by 0. 25 . This is the third cut injust four months. Rate by 0. 25 . This is the third cut in just four months. Wall street wel