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
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
Security Council Members demanded inquiry into the bombing of hospitals in serious adlib province. And setting the stage for a president ial race u. S. Democratic candidates begin a 2nd round of debates will be live in downtown detroit. South korea says pyongyang has far too ballastic missiles off its east coast this comes 6 days after north Korean Leader kim jong un oversaw the testing of 2 new short range Ballistic Missiles that south korean militaries joint chiefs of staff say they are monitoring the situation in case of additional launches we can go straight to so our rob mcbride is standing by for us or rob what more can you tell us about this. Thats right these launches happened just after 1st light here on the Korean Peninsula off north koreas east coast it was a double launch to shore range Ballistic Missiles as you mentioned there happening within 20 minutes of each other they were fired about 250 kilometers or so into the sea that separates the Korean Peninsula from japan the
Latest missile firing is being viewed with deep concern here in south korea its the 2nd double launching of short range Ballistic Missiles in less than a week and the 3rd Missile Launch to take place since may in direct contravention of the landmark military agreement signed between north and south korea last september during the period of improving relations that was meant to have put an end to testings like this one south koreas defense minister has said that if the north continues with threats and provocations like this then it would have to be considered an enemy so there has been some very strong words used by south korea contrasting with all of the period of reconciliation that weve had over the past year and a half or so north korea said when it launched missiles last week that that should be considered to be a solemn warning to south korea being very careful not to direct any of its anger all wrath at the americans and that u. S. President donald trump in particular but this do