Under a single streamlined currency now over a dozen global firms will invest in and govern the currency including master card vodafone and as group will supposedly wall off control of the currency from facebook itself the new coin will be pegged to a basket of global currencies such as the dollar and the euro with the intent of shielding it from the wild fluctuations that are plagued big and scared off many average investors the big question will it catch on facebook is betting that the scale of its social Network Alone with 2400000000 monthly users will forge a new huge marketplace for streamline purchases and exchanges the social network is also says that libor will help to bridge the socalled banking gap giving the 1700000000 people around the world who do not have a bank account a secure alternative to cash so why a crypto currency heres how facebook c. E. O. Mark zuckerberg 1st publicly frame the idea a few weeks ago. I believe that it should be as easy to send money to someone a
Business im. Lynn welcome thousands of delegates from around the world are end of the german city of vaughan the racing to resolve outstanding issues in implementing the Paris Climate Accord nearly 200 countries signed view agreement back in 2015 committing to limit the centurys global average temperature increase to no more than 2 degrees celsius above preindustrial levels lovemore on the issues in just a moment but 1st heres a look at how countries compare in terms of c o 2 emissions. Well 28 percent of global emissions china is the biggest offender the United States at 16 percent comes in at number 2 germany with just over 2 percent comes in 6th place but its a very different story when you look at per capita emissions here qatar comes out way on top the average person there emits over 30 tons of c o 2 each year thats north of the much as the average person in the u. S. And many times the global average of less than 5 tonnes per head no Carbon Trading the buying and selling credits
Classmates are getting a lesson on being careful on social media. Media. Classes are on. But this is not a normal day at dater high school. School. This was almost certainly a hoax but when lives are at stake we had to take it very seriously. Hes talking about this Facebook Post that police say a dater 10th grader made last night. In it is a threat to bomb several cincinnati here. Stephen sippel. Says it was actually students who first brought attention to it. So many students who commented tagged Law Enforcement agencies so it wouldnt be ignored. Sippel says he called the student. And he claimed his page had been hacked. The student later put up this post. Claiming the first post was a crude joke. But the school isnt buying it. And looking into kicking out the 15yearold. Old. The power and danger of immediate audience so people knew about it right away and i had to deal with it right away. And that included talking with students today about why its not just posts like this one. That c
Facebook finally on feels its crypto currency so could libra transform traditional Payment Systems and will governments seek to regulated. Also on the show all eyes are on istanbul ahead of sundays mejor old election to voters punish the ruling party for turkeys economic woes. Real estate costs are skyrocketing in berlin driving the german capital to consider an unusual solution. And unlocking the hidden beauty of snails well share some surprising uses for europes liveliest cash crop. Welcome to business im Stephen Beers and glenn its good to have you with us can facebook take cryptocurrency mainstream the Worlds Largest Social Network unveiled the digital coin it plans to roll out next year a libra is its name and proponents say it might just revolutionize digital payments
under a single streamlined currency now over a dozen global firms will invest in and govern the currency including master card vodafone and as group will supposedly wall off control of the currency from facebook its
To take the top award in over 90 years. Joaquin phoenix wins best actorforjoker, Renee Zellweger takes best actress for her portrayal ofjudy garland. I knowjudy i know judy garland i knowjudy garland did not receive this honour in her time. I am certain that this moment is an extension of the celebration of her legacy. And im here at the Vanity Fair Oscars Party to get reaction from the great and the good of the Silver Screen on the biggest night in showbusiness. Robert de niro and Reese Witherspoon arejust in there. Robert de niro and Reese Witherspoon are just in there. Sandra Robert De Niro and Reese Witherspoon arejust in there. Sandra 0 isjust arriving. Join us shortly. Ten tax free trading zones by next year. The Sheffield United fairytale continues. The newly promoted side are now up to fifth in the premier league as they beat both the elements and bournemouth. Ten tax free trading zones by next year. Plans to develop freeports will be announced later today with a hope of creati