2 dot com stay with us now before the. Financial news in the country. Guys are this is the kaiser report you know the way phone china is the apollo 11. This decade its defining the technological landscape for a whole country going to happen for a long time. Sure this high tech advantage that china has should have been a split nick moment i shouldve. Basically introduced some sort of industrial policy and said hey americans we need to realize that china is eating our lunch on top of this we also should realize that our our exorbitant privilege of having the u. S. Dollar as worlds reserve currency has indeed been a massive privilege and we should have done everything to sustain that so acting like a bully has not only saw that you know even france and germany are coming up with an alternative to swift to circumvent the u. S. Dollar to circumvent the new york fed where all trades are settled that exorbitant privileges ending but this privilege of having the you know. This being so crucial
Discuss the challenges and opportunities to invest. Next we go to uganda where musician rachel lam is an outspoken advocate of girls rights. And last but not least as a studio single who wants to be with illusionist mozambiques capital. Fest lets go to nigeria youve all had about rights movies from nigeria theyre really challenging some of the more established Film Industries well like hollywood especially when it comes to numbers each week the west african film scene with these is about 50 new movies which is in lots more on the outward from the us now if that would talk honestly about next reports out there wait there would even be more coming out of nigeria but not just your regular kind of movies. Oh how many example right so for a little touch anything except a scale be drawn studios and us shot animation film is the tale of us 3 tribes in lagos trying to lead the nigerian dream from the studio. And hes cofounder of want to create unique stories that reflect african reality. Have.
Wall street watching washington today. Stocks set for a lower open. Google, the banker. The search giant reportedly planning to offer Checking Accounts next year and nikes amazon challenge, the sports wear retailer set to stop selling its clothes and shoes directly to the ecommerce giant. Wall streets going to pay close attention to events on capitol hilld chair powell will testify before the joint Economic Committee of congress and the nation will hear public testimony from house impeachment witnesses for the first time the inquiry surrounding the president s actions toward ukraine, for our purposes, jim, well see what powell says first as we expect him to say the economy is in a good place. Yesterday was a punitive moment with President Trump calling for negative rates and i think that a lot of what lets just call all of our watchers who are in the professional side of things, i think were unanimous in what was that about, thats off the reservation. I think jay powell is immune to it
[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to ord order. [inaudible conversations] [inaudible conversations] [inaudible conversations] without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today we are here to examine the act of facebook on the Financial Services and housing sectors. Our sole witnesses the facebook chairman and ceo, Mark Zuckerberg. Facebooks plan to create a Digital Currency, libra, and a digital wallet raised many concerns relating to privacy, trading risks, discrimination, opportunities for diverse owned financial firms, National Security, Monetary Policy and the stability of the Global Financial system i and other democrats have called for a moratorium on facebooks
The presiding officer the senator from louisiana. Kennedys mr. Kennedy thank you, madam president. I want to talk for a few moments this morning about money, 5g and radio waves. Mr. Kennedy a radio wave is nothing more than electromagnetic radiation moving through the air. Thats all a radio wave is. Think of it as a imagine a pond, and think of a radio wave as a ripple or wave in that pond. The wave goes like this and has a peak and a valley and peak and a valley, and eventually it gets shorter and shorter. Thats what a radio wave is. And there are different kind of radio waves. I dont know how many, but a bunch. And they are, theyre differentiated by the length of the peak and the valley. Remember, radio waves doing this. As it goes to the top and comes to the bottom, thats called a cycle. And frequency, youve heard that term before. Frequency is nothing more than how many cycles a radio wave goes through in one second. So we have out there we cant see them, theyre invisible, but thou