This is a boom bust the one business show you cant afford to miss their montecito in washington coming up the Federal Reserve has that its working on the next pair of mental Digital Currency and now theyre partnering with a Big University to test it we have a boom bust panel coming up and michigan built its plan for the future of the auto sector but how long before we actually see the plant come to fruition you have a car folks standing by several lots to get to so lets get started. With the news of Central Banks around the world creating their own Digital Currency as well many have wondered if and when the u. S. Might follow suit well now we have a better idea as the u. S. Federal reserve has now partnered with mit to develop a hypothetical Digital Currency over a 2 to 3 year period in other words this is a digital equivalent to cash Federal Reserve board governor brain ard said given the dollars Important Role it is essential that the Federal Reserve remain on the frontier. Research
A digital equivalence to cash Federal Reserve board governor lowell brain ard said given the dollars Important Role it is essential that the Federal Reserve remain on the frontier of research and policy development regarding c. B. C. s but many are questioning its safety and whether or not it will actually bypass Central Banks well for more on this were joined by ben so on and Christiane I Ben lets start with you because this is something that weve talked about multiple times on this show that the fed will soon attempt to create its own Digital Currency now i think its fair to say this move doesnt catch you as a surprise break down what this could look like would we have a digital wallet separate from your regular Bank Accounts well essentially thats probably what would happen i guess thats what theyre trying to get in my teeth to take a look at whats fascinating about this is the feds terminology ive been saying for well over a year the fed was going to do this its. Point very soon in
Just for us. Its for. Beethoven his truck. Is for. Straight talking 202250th anniversary. Its a 20 Year Old Company thats never brought a Product Market German Biotech Firm cure vaca is now an investor darling as it races to develop a covert 1000. 00 vaccine will talk to its c. E. O. Also on the show wired hard gets the boot from germanys blue chip index its a place that might surprise you. And well look at an unsuccessful business idea from someone who hopes to take advantage of pandemic panic buyers. Into the show im susan busy in berlin the coronavirus pandemic is reshaping the biotech industry investors are piling into small often unproven companies in hopes they can produce a vaccine in the coming months those companies in turn are spending big to expand production for vaccines that are yet fully tested or certified its a gamble on both sides for both investor and company and reflects the urgency for a vaccine as well as the potential to make money. Gem in Pharmaceutical Company c
United states of america. Together with Joe Biden Harris now has to convince americans that they can heal a country in crap by the pandemic and deeply divided over the politics of top tropp plops e. U. Leaders back to the opposition in belo bruce refusing to recognize the election that kept president lukashenko in power and promising sanctions on top of the officials german chancellor Angela Merkel says the e. U. Wants talks between the 2 sides and does coronavirus cases spike across Europe Germany records its highest number of new infections in mosques are fresh restrictions on public life on the way. Im sara kelly welcome to the program russian Opposition Leader. Scene of ali is unconscious in the hospital after allegedly being poisoned and a volley spokeswoman said he started feeling unwell on the flight from siberia back to moscow prompting the plane to make an Emergency Landing he was rushed to the hospital after landing in omsk where he is now in an intensive care unit according
Have you with us the coronavirus pandemic is reshaping the biotech industry investors are piling into small often unproven companies in hopes that they can produce a vaccine in the coming months those companies in turn are spending big to expand production facilities for vaccines that arent yet fully tested or certified its a gamble for both investor and company and it reflects the urgency for a vaccine as well as the potential to make money. German Pharmaceutical Company cura voc 20 years old 480 employees and it dreams of change in the wild has its sights set on the most sought after of prizes a Coronavirus Vaccine and the newly listed company is making progress when went public in new york on friday it shares rose 249 percent during the 1st day of trading those who go to an alley may have struck it rich. Cura back is just one of many corporate vaccine hopefuls 170. 00 companies from all over the world including the us china japan the u. K. And india are also in the race. Last week r