Sometimes entrepreneurial visions turn out to be casillas in the sky or even a case of fraud busting bubbles in the Business World our topic today are made welcome and starting with a major scandal thats rocked germanys financial well to the bankruptcy of Payment Company why are caught what a story it could be straight out of a Martin Scorsese movie looking at the dock a side of humanity why a cod was a major tax listed company until an investigation by the Financial Times uncovered a fraudulent behavior in the end of the german Fin Tech Company a Success Story collapsed like a house of cards. A member of the Investigations Team of the Financial Times problem was the 1st to raise the alert about wild cards accounts this is a bit of a Strange Company in the numbers that its putting out dont quite seem to out of what a card was a highly promising dax a listed Fin Tech Company specialized in Electronic Payment Services Online Purchases also involve fees to the transaction provide such as
But you have to think of where we were and even with todays selloff, it is not really affecting all sectors. In fact more than half are still up. The fact of the matter technology, we just cant seem to pause even for a nanosecond, continues to advance. Well go over all of that, including things that could be weighing on stocks, including some extended shutdowns and restrictions everywhere from texas right now, what is going on in florida as well. Then there is hope on the virus front. That of course is something that is not seen all the time here but on the vaccine, more to the point of the virus, we keep track of this thing. There are about nine premier offerings or combinations being touted by various governments or biotech concerns of that, that are promising everything from an antiagain, quickly can tell you whether you have the virus in matter of minutes all the way up to vaccines potential curse that could be available soon as end of this year. The u. S. Investing a princely sum
I am feeling ok and your industry in america is making headlines by the way it is handling the Global Pandemic what does it mean for brown and black people today we can pass stories and stats and stories about Racism Health care and the coronavirus you can jump in that conversation you can weigh in on the new cheve fest i want you to meet the guests Nicole Hannah jensen welcome to the stream introduce yourself to our international audience. And the fabric of New York Times magazine covering racial inequality in r. And the creator of the fix the 1000 private sector to happy and. Tell us who you are i am dr sarah barber im a social epidemiologist and faculty member object so university of the door its a School Public health that are made of epidemiology and biostatistics by Research Studies that links between Structural Racism and Health Inequalities in the United States and brazil. So good to have you im going to start the stats im actually going to start with a story about gary fowler
I see you have social distance on your mind, and that is a very good thing. Congratulations, tremendous job you are doing. I want to thank everyone for being at the white house, a very special place. Matter where you go in the world, the love the white house. And being in the east room in particular was so many important functions have taken place over the years. Today we are celebrating American Workers and Small Businesses. We have done a job you and we are going to make it so as we open of our country you are going to be in good shape instead of losing your businesses and binding finding employees. We made it possible for you. We are delighted to be joined by representatives of several incredible Small Businesses from across our country. Also with us is the treasury secretary Steven Mnuchin. Thank you very much. [applause] pres. Trump you have been busy, steve, you broke every record in the book. The sba administrator, thank you. [applause] pres. Trump have you gone to sleep in the
Will it make its way back to zero . Seems to be part of the conversation building in markets. Barrelumped above 65 a as supply disruptions in iraq brought concern to geoPolitical Risk. With more is Annmarie Hordern. Detention we are seeing in libya and iraq come very different in nature. What is the impact of these on oil supplies . Annmarie they are both geoPolitical Risks to the oil supply. In libya, the government says we could go to 72,000 barrels a day. This has to do with the eastern military commander. He has a blockade now on the port, so actual supply is not disrupted. The market may be shrugging off a little bit because in days or hours, that blockade could be lifted. Iraq, while it is a minor disruption, which is producing more than 4 Million Barrels a day, it opens up a window of worry. Just last thursday, the iea says iraq remains very vulnerable. It is more about could the supply threatened become much bigger. Anna they are overproducing their opec target. Annmarie this c