Business will hear about growing opposition to facebooks plans for a crypto currency. Brexit negotiations between the eu and the uk are at a stalemate. And both sides are blaming each other for the lack of progress. Britain has just 86 days left before it is due to leave the eu. And the government insists it is genuine when it says it wants to leave with a deal. Heres the senior british cabinet michael gove. Iam i am deeply saddened that the eu now sees us i am deeply saddened that the eu now sees us to be refusing to negotiate with the uk. The Prime Minister has been clear that he wants to negotiate a good deal of the European Union and he will apply all the energy of the government to ensure that in the spirit of friendliness, we can negotiate a new deal. Brussels sees things a little differently. Heres the eus spokeswoman. As the president told Prime Minister johnson, it does remain available over the coming weeks should the United Kingdom wish to hold talks and clarify its position
Facebooks hugely ambitious plan to create its own Global Crypto currency has been under growing scrutiny since it was unveiled last month, and in a few hours time, the man in charge of the project will face a grilling from us lawmakers about what the company says is the future of money. Facebook says it wont go ahead with the launch of its libra crypto currency until regulatory concerns are addressed. The Digital Currency is particularly aimed at the estimated 1. 7 billion adults that the world bank claims dont have a bank account. China and india are top of the list. In a bid to convince people that it will be reliable, Facebook Says the currency will be backed by a reserve of assets, and has set up what it says is an independent body to oversee the currency, the libra association. Its 29 members include household names such as uber, visa and vodafone. But Central Banks have already expressed concern. Last week the boss of americas federal reserve, Jerome Powell, said libra raises man
Revolutionizing the world. Across talking bitcoin im joined by my guest firesign in new york he is a fund manager and author of the book planet ponzi in atlantic we have Jeffrey Tucker he is director of content for the foundation for Economic Education and in cambridge we cross the Garrick Hileman he is a Research Fellow at the university of cambridge all right gentlemen crosstalk rules in effect that means you can jump in anytime you want and i always appreciate it gary let me go to you first in cambridge explain what is going on with bitcoin i mean im of the age and i used to work in finance i can remember the dot com bubble and then its melt down here not being very well versed in bitcoin what is going on here is this just speculation or is this the new shiny radiant future go ahead in cambridge. Right i think i think a little bit of both to be honest and certainly weve seen you know some aspects of this story before as you mentioned you know after the dot com bubble exploded in two
A reality will someone from his depleted in food starved regime please inform him that i too have a nuclear bomb but its a much bigger and more powerful woman his and my but more work i hope personally such rather rick by the side of the p. R. K. By its Supreme Leader or by the United States through its President Donald Trump will calm down the world does not need such jingoism or war rhetorics right now the situation is in a stalemate. He has gained a time to develop the super weapon in the more and more sophisticated way and United States has not yet reached the point of. Deciding to use military means to solve the problem but i dont think everything has been exhausted to his student need to try their best even though all the likelihood of a diplomatic solution is becoming remote and that remote. Well in a slightly more positive Development Kim jong un has reopened a Cross Border Communications link with south korea and whats being seen as a significant diplomatic breakthrough howeve
A one way or hope that the people on the receiving end of these things would take them with a grain of salt because. You know trump may say those things but he cant act on them because hes got a whole bureaucracy behind him that doesnt agree with them so. Its very destabilizing and i think its undermining u. S. Ability to negotiate solutions to problems so whatever policy donald trump is concocting stirring trouble on twitter is something that is going to stay it was done of. Years we heard of all the World Leaders north Koreas Kim Jong un as perhaps being criticized the most in terms tweets and after the isolated countrys leader issued new years day need clear warning to washington trump was keen to hit back. The entire u. S. Mainland is within the range of our Nuclear Strike and the button is always on the table in my office space you clearly know that this is certainly not a threat but rather a reality when someone from his depleted and food starved regime please inform him that i t