You see it not yet Companies Say theyre 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 youre putting yourself out of business so banks Brokerage Firms exchanges really dont want to put themselves out of business so theyre 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 its going to have to eventually so that actually get that piqued my interest their show. Are the systems whether or not its Financial Systems but Payment Systems essential
A tax cut package earlier wednesday morning Senate Majority whip john cornyn said i dont want to get out in front of the chairman but were 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 im planning to one say they dont know how the economy would respond to a major tax overhaul just yet and wednesdays 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 lets break this into two parts lets talk about block and then about bitcoin are companies adapting to the block chain
More quickly than anticipated and the bank of canada expects inflation to remain near 2 three 2019. The u. S. Tax reform is likely to curb canadian investment growth. Bank of canada raising its overnight Interest Rate to 1. 25 . Eady we are seeing the dollar spike. A. 5 gain in the dollar in reaction to that. There had been a bit of hedging in recent days. The bank of canada might consider nafta and a breakdown in nafta talks as a central risk and might hold off on this raise, but that has not happened. We will hear from the bank of Canada Governor later in the day. He will be interviewed by bn n. It will be interesting to get his perspective on nafta and the other issues facing canada. Here, we are seeing stocks which rose to a record closing level, seeing moderate gains in todays session after the gains yesterday melted away midday. The dow still not about 26,000 above 26,000. We have some push and pull in todays session. On the plus side, big cap text docs seeing strengthening. Ibm
Business is over 40 of earnings, that should only increase from here. Lets now, the shutdown showdown with washington. This is deadline bloom, it feels like they have the economy on President Trump. Apple prepares to bring home overseas cash and announces plans to spread it around. This is 20,000 jobs. , this is business from a political perspective. This is Clean Energy Investment. China is far and away the world leader in terms of the most amount of capital been deployed and the most of the equipment. About 53 of new sales will be electric. Conversations from the north American International auto show. There is more to come. Our group is coming from a degree of buoyancy from the markets but this is market share growth. They can have the option of delegate intact to that vehicle that their grandfather never expected, including, never crashing. It is all i had on bloomberg best. Ahead on bloomberg best. Hello and welcome, i am juliette. Is bloomberg best, your weekly review of the most
A new bloomberg report shows trends in the clean energy and business. Leader ins the world the amount of capital being deployed. Salesut 53 of new car will be electric. There is more to come. Degree of coming from the markets. Delegation. Have the its all straight ahead on bloomberg best. Abigail hello and welcome. This is bloomberg best, your weekly review of the most important Business News analysis and interviews from Bloomberg Television around the world. U. S. Markets were closed on monday. Carillion has collapsed. They have government contracts from everything to high street rail. They failed to get a government bailout. They had 2 billion in debt. The share price collapsed. Who is to blame . It is happening right now. Youve got both sides deserving blame. Price is everything. The supplyis paid to chain. Forit aggressively bidding contracts with the incentives . Its all about growth. Should the government have awarded contracts in the year where we saw three profit warnings. What