This is business a zone d. W. News i was in berlin welcome can facebook take cryptocurrency mainstream the Worlds Largest Social Network unveiled the digital coin it plans to roll out next year the project is called libera according to media reports and proponents say it could revolutionize Digital Payments under a single streamlined currency more than a dozen global firms will invest in and govern the currency like master card vodafone and this group was supposedly wall of control of the currency from facebook itself the facebook coin will be picked so a basket of global currencies like the dollar and the euro or the pound to shield it from the wild fluctuations that has plagued bitcoin and scared off many average investors and potential users but will the new cryptocurrency catch on facebook bets the state of the social Network Alone with 2400000000 monthly users will forge
a new huge marketplace for Streamline Purchases and exchanges facebook also says liberal will help to bridge th
is ready to do whatever it takes to preserve the euro. and it would take a lot by buying up sovereign bonds issued by deeply indebted member states he allowed them to avoid going bankrupt the e.c.b. has so far spent nearly 2.6 trillion euros on them at the same time borrowing money grew cheaper than ever before to boost economic activity the e.c.b. cut its key lending rate to 0 and has kept it there for years those measures have led some to proclaim druggy the savior of the euro zone s common currency others hate the policies knock on effects they ve changed the ground rules considerably people who save are no longer rewarded for it and property and start prices have bloomed so did mario druggies cheap money policy work the economies in european countries once in serious crisis seem to finally be recovering somewhat but the
as filed for bankruptcy protection to restructure $13000000000.00 in debt the company has spent the last 5 years embroiled in one of the world s biggest corruption investigations operation car wash or the brush and other construction companies formed a cartel to distribute government construction contracts and then funnel the percentage in to politicise pockets or the way it said that it and its subsidiaries would continue operating normally during the debt restructuring the company which 5 years ago employed one 180000 people is now down to just 48000 leads. global shares have ticked upwards after the president of the european central bank said it was ready to cut interest rates and provide stimulus if the economy needed it easy the president mario druggies announcement signals one of the biggest policy reversals of his tenure after 4 years of unprecedented stimulus to revive the
as filed for bankruptcy protection to restructure $13000000000.00 in debt the company has spent the last 5 years embroiled in one of the world s biggest corruption investigations operation carwash or the british and other construction companies formed a cartel to distribute government construction contracts and ben farmer the percentage in to politicise pockets for the west said that it and its subsidiaries would continue operating normally during the debt restructuring the company which 5 years ago employed one 180000 people is now down to just 48000 leads. global shares have ticked upwards after the president of the european central bank said it was ready to cut interest rates and provide stimulus if the economy needed it easy the president mario druggies announcement signals one of the biggest policy reversals of his 8 year tenure after 4 years of unprecedented stimulus to revive