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Transcripts For DW Business 20190704 03:02:00

Facebook says it wants to empower billions of people yet again and now its fledgling cryptocurrency libera faces more scrutiny from both sides of the atlantic also coming up find out what happened to nike ambassador calling kept her name criticized a controversial new line of sneakers and well take you to sunny portugal over the aagaard the region wants to reduce its dependence on travel savvy brits amid looming bricks. Welcome to the program. U. S. Lawmakers have urged facebook to halt its cryptocurrency plans they want time to investigate the risks libera poses to the Global Financial system it comes as regulators in europe call for closer scrutiny a senior official of britains financial watchdog says the issues raised require deep thought and detail. Introducing lead for a new global currency designed for the Digital World facebook has promised finance for the future with its new Crypto Currency and im saying its arrival Mark Zuckerberg said libra would empower billions of people ev

Transcripts For DW Business 20190703 13:45:00

What happens when one of your Famous Brands of vassar those goes rolled on your own product. This is business as. Well. Plans for a new tax on plastic bags in indonesia looks set to be delayed lawmakers have decided to put back a decision to confirm government proposals and loses 700000. 00 are thought to go through almost 10000000000 plastic bags each year making at the worlds 2nd biggest contributor to Plastic Waste in the oceans the government is proposing an excise duty of just over 2. 00 per kilo or less than 0. 02 a bag it says legislation remains on track to be introduced this year despite the latest delay. Lets go to asia finance correspondent. In a plastic is a global problem but also lots of it comes from the philippines vietnam china and conceptual other countries dumped more than half of the 8000000. 00 tons of plastic ways that end up in the oceans every year according to a report from 22017. 00 a is there enough awareness of void in plastics in the whole region. Well ther

Detailed text transcripts for TV channel - DW - 20190704:03:03:00

a new global currency designed for the digital world facebook has promised finance for the future with its new crypto currency and i m saying its arrival mark zuckerberg said libra would empower billions of people even those without bank accounts will be able to send money around the world with these what s more facebook says libra will be what s called a stable coin meaning it will have none of the volatility associated with bitcoin and other quick 2 currencies it says it will ensure that by linking its value to other established global monetary systems. major corporate players are already backing libra even if some of the world s financial leaders are not. bank of england approaches libor with an open mind but not an open door. and now a group of u.s. lawmakers has written to facebook asking them to put their crypto currency plans on hold until congress can assess the risk it poses nevertheless facebook s plans to

Detailed text transcripts for TV channel - DW - 20190703:13:54:00

for the future with its new crypto currency announcing its arrival mark zuckerberg said would empower billions of people even those without bank accounts will be able to send money around the world with these what s more facebook says libra will be what s called a stable coin meaning it will have none of the volatility associated with bitcoin and other crypto currency it says it will ensure that by linking its value to other established global monetary systems major corporate players are already backing libra even if some of the world s financial leaders are not. bank of england approaches libor with an open mind but not an open door. and now a group of u.s. lawmakers has written to facebook asking them to put their crypto currency plans on hold until congress can assess the risk it poses nevertheless facebook s plans to disrupt the money continue to progress with libra expected to begin filling digital

Detailed text transcripts for TV channel - DW - 20190703:21:18:00

a stable coin meaning it will have none of the volatility associated with bitcoin and other quick 2 currencies it says it will ensure that by linking its value to other established global monetary systems. major corporate players are already backing libra even if some of the world s financial leaders are not. the bank of england approaches libor with an open mind but not an open door. and now a group of u.s. lawmakers has written to facebook asking them to put their crypto currency plans on hold until congress can assess the risk it poses nevertheless facebook s plans to disrupt money continue to progress with libra expected to begin filling digital wallet in early 2020. the u.s. trade deficit has reached a 5 month high that means the united states is buying lots more than it is selling the gap between imports and exports rose by 8.4 percent to 55.5 $1000000000.00 in

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