Facebook finally on feels its crypto currency so could libra transform traditional Payment Systems and will governments seek to regulated. Also on the show all eyes are on istanbul ahead of sundays mejor old election to voters punish the ruling party for turkeys economic woes. Real estate costs are skyrocketing in berlin driving the german capital to consider an unusual solution. And unlocking the hidden beauty of snails well share some surprising uses for europes liveliest cash crop. Welcome to business im Stephen Beers and glenn its good to have you with us can facebook take cryptocurrency mainstream the Worlds Largest Social Network unveiled the digital coin it plans to roll out next year a libra is its name and proponents say it might just revolutionize digital payments
under a single streamlined currency now over a dozen global firms will invest in and govern the currency including master card vodafone and as group will supposedly wall off control of the currency from facebook its
a prototype so far so let s see how this whole old thing will work out in the next couple of months to come so gin up the excitement 1st in the details come later now again stay with us while we look at another market story u.s. president donald trump criticizing mario draghi on twitter after the european central bank chief hinted at future interest rate cuts to lift flagging growth a trump said drug he was trying to lower the value of the euro in a bid to boost european markets investors saw his tweets as evidence that the u.s. self will soon cut interest rates markets were also buoyed when we did you would meet chinese premier she jean king at the g. 20 this month for trade talks. the dow moving up and down on what s really driving u.s. markets right now. with a huge shimmin pick the s. and p. $500.00 now is shy only one per cent of
the crypto world it is hard to imagine that there will not be some regulatory scrutiny on facebook so that is one of the big ifs and then facebook itself is saying that what we ve seen right now is libra it s a prototype so far so let s see how this whole old thing will work in the next couple of months to come so you know the excitement 1st and the details come later now you stay with us while we look at another market story u.s. president donald trump criticizing mario draghi on twitter after the european central bank chief hinted at future interest rate cuts to lift flagging growth a trump said drug he was trying to lower the value of the euro in a bid to boost european markets investors saw his tweets as evidence that the u.s. self will soon cut interest rates markets were also we when we did we would meet chinese premier she jean king at the g. 20 this month for trade talks. the dow moving up and down on