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. the artificial intelligence regulation needs to take and a balanced approach so what is he looking for lawmakers to do and what has to go promise he won t do with a i will tell you so much to get to so let s get started. i had of the world economic forum in davos today the i.m.f. has tremendous economic forecast for 2020 from 3.4 percent to 3.3 the downgrade was issued on the back of we data at the end of $29000.00 led by india slowing growth and credit squeeze this is the i.m.f. 6 straight reduction though it s cautiously optimistic that global growth may be stabilizing at subdued levels manufacturing activity and global trade have bottomed out but the i m not warned that the global outlook remains on the downside additional risks include rising geopolitical tensions between us and iran and higher tariff barriers between us and its trading partners most notably china mark conflict is a rising between france and the u.s. over the new french didn t. attacks targeting b ....
you see it not yet companies say they re adapting their. share database technology that allows two disparate bowmore to a more disparate and cities to deal with each other without a third party so a lot of lip service but why would slowing them down do you think well a lack of understanding number one the result of dealing with a block change see what the blood chain does is it out to disparate to and what this report is to work with each other so if your business model is predicated upon charging these two businesses and cities then you re putting yourself out of business so banks brokerage firms exchanges really don t want to put themselves out of business so they re trying to modify the technology to make it do something that they want think of the horse and buggy manufacturers lobbying for cars unlikely to happen but it s going to have to eventually so that actually get that piqued my interest their show. are the systems whether or not it s financial systems but pay ....
a tax cut package earlier wednesday morning senate majority whip john cornyn said i don t want to get out in front of the chairman but we re very close the g.o.p. is hoping to send the official proposal to president trump by next week. for the third time this year the federal reserve has decided to raise interest rates this time by a quarter percentage point following a two day policy meeting while officials are releasing new projections on growth and i m planning to one say they don t know how the economy would respond to a major tax overhaul just yet and wednesday s press conference was the last for a chairwoman janet yellen who will be replaced by howell on february third. for the latest on block chain bitcoin and other digital currency use we are joined by regular middleton the founder of veritasium reggie thank you so much for being here really appreciate your time so let s break this into two parts let s talk about block and then about bitcoin are companies adapti ....
a big business in and of itself what s going on in vegas. well this is a three hundred twenty one b. billion dollar business each year this year in the usa alone forecaster grow three point two percent and never once during the great recession did consumer electronics not have an up year so it s a very dynamic industry to watch and there are one hundred eighty four thousand of us from one hundred fifty countries watching it here all week at the consumer electronics show interesting lee the consumer electronics show has given we in the media strict instructions not to use the phrase consumer electronics show in fact the consumer electronics association actually change their name to consumer technology association for a couple of reasons one is that there s a lot more to it than gadgets now you often report on bitcoin presidential tweets grab the headlines and amazon twitter air b.n. b. . it s not just gadgets anymore and frankly in a an exhibit hall the size of fifty foo ....
a big trade deal with the french airline manufacturer air bus and french president emmanuel mccrone and finally we ll discuss the economics of the news now let s get to the top stories that business and financial headlines. late yesterday president trump addressed the now the american farm bureau on a range of issues including nafta the north american free trade agreement the o.p.o. crisis and regulation while many listeners were hoping to hear more about the administration s plans on reading go shading the nafta the president only repeated familiar language about getting a better deal the president also touted the release of a report from a task force on rural america in the report it says that of the five key areas of concentration for rural america increasing internet connections is vital well yeah like they said in the jerry maguire movie show me the money it is unfortunately there were a number of fact all errors in the president s farm bureau speech and here s one ....