Federal reserve, it starts its two day meeting today. Facebook has become part of our lives ourfriends, our photos, and diaries. Now, the tech giant wants to get inside your wallets. Today it is expected to launch its own cryptocurrency. It has been called both libra and globalcoin, and is a 1 billion project that has been in development for a year. It appears to have the endorsement of more than 12 corporations, from uber to paypal, visa and masterca rd, and it is reported facebook will not control the new currency. It will be governed instead by an independent foundation of firms that have each invested some 10 million each. It will enable 2. 4 billion monthly users of facebook, whatsapp and messenger to change money into its digital coins to shop on the internet, on the high street, or transfer money, without the need for a bank account. Importa ntly, facebooks token differs to other offerings because it will be pegged to a number of government issued currencies. That is to avoid th
Also in the programme, the latest from the paris airshow were there live and find out what the Aviation Industry is doing to address sustainability. And for markets in europe, you can see they are all heading lower. In europe we are keeping an eye on sterling with another secret ballot on the nominations to become the leader of the conservative party. And Home Sweet Home well be getting the inside track on financing your first home. Well talk to one of a new breed of firms promising to make getting a home loan quicker and slicker. Today we want to know your views on bad fashion, as ministers reject proposals to clean up the huge Environmental Impact of fast fashion and improve conditions for its workers. Let us know just use the hashtag bbcbizlive hello and welcome to business live. Do get in touch we will share your comments later. Facebook has become part of our lives ourfriends, our photos and diaries. Now, the tech giant wants to get inside your wallets. Today, its expected to laun
Nationalists are on the rise. To make your country great again that is their slogan their focus put your nation first i am taking a trip to highlights different shades of nationalism and to find out what that nation mean to you. To share your story join the conversation here on to tell me you on twitter on facebook. The markets of industrialized nations in europe and north america saturated so multinational Food Companies have set the sights on the developing world aggressively expanding their presence in countries like kenya. Where. They found a vehicle of growth in small packages of western style. Food. Promise healthy high quality food for all but the products are high calorie nutrient poor foods stuffed with salt sugar and flavor enhancer. In brazil the result is plain to see lifestyle diseases are undermining a society already burdened by poverty and amount. Of obesity. Diabetes and. That these epidemics which has huge consequences for. Cruising. These. Latin americas economic pow
Want to express d. W. On facebook and twitter up to date and in touch follow us. The markets of industrialized nations in europe and north america are saturated so multinational Food Companies have set the sights on the developing world aggressively expanding their presence in countries like kenya. They found a vehicle of growth in small packages of western style processed food that promise healthy high quality food for all but the products on high calorie nutrient poor foods stuffed with sold sugar and flavor and hanss in brazil the result is plain to see lifestyle diseases are undermining us. Society already burdened by poverty and amount. Of obesity epidemic of diabetes and more and more clear that these epidemic which has huge. Cruising. Power latin americas economic powerhouse many lower middle class families get by on less than two hundred euros a month still they are a key target for nestle the worlds biggest package to come drama because they View Convenience foods a status quo