35 Burst results for "Twenty Billion"
AP News Radio
Governor signs $220B budget, boosted by federal aid, surplus
"New new new new York's York's York's York's governor governor governor governor signs signs signs signs at at at at two two two two hundred hundred hundred hundred and and and and twenty twenty twenty twenty billion billion billion billion dollars dollars dollars dollars state state state state budget budget budget budget that that that that changes changes changes changes bail bail bail bail reform reform reform reform brings brings brings brings relief relief relief relief at at at at the the the the gas gas gas gas pump pump pump pump and and and and does does does does a a a a lot lot lot lot more more more more it it it it does does does does pay pay pay pay for for for for health health health health care care care care and and and and home home home home care care care care workers workers workers workers shades shades shades shades sixteen sixteen sixteen sixteen cents cents cents cents off off off off the the the the cost cost cost cost of of of of a a a a gallon gallon gallon gallon of of of of gas gas gas gas through through through through December December December December and and and and helps helps helps helps new new new new Yorkers Yorkers Yorkers Yorkers with with with with unpaid unpaid unpaid unpaid rent rent rent rent and and and and utility utility utility utility bills bills bills bills low low low low and and and and middle middle middle middle income income income income homeowners homeowners homeowners homeowners can can can can also also also also expect expect expect expect tax tax tax tax relief relief relief relief a a a a flash flash flash flash point point point point was was was was bail bail bail bail reform reform reform reform governor governor governor governor Kathy Kathy Kathy Kathy old old old old does does does does plan plan plan plan to to to to give give give give judges judges judges judges more more more more power power power power to to to to jail jail jail jail people people people people who who who who were were were were repeatedly repeatedly repeatedly repeatedly ticketed ticketed ticketed ticketed for for for for minor minor minor minor theft theft theft theft or or or or property property property property damage damage damage damage offenses offenses offenses offenses past past past past some some some some Democrats Democrats Democrats Democrats voted voted voted voted against against against against it it it it for for for for cracking cracking cracking cracking down down down down on on on on people people people people with with with with repeated repeated repeated repeated low low low low level level level level offenses offenses offenses offenses local local local local also also also also gets gets gets gets the the the the to to to to go go go go cocktail cocktail cocktail cocktail she she she she pushed pushed pushed pushed for for for for and and and and millions millions millions millions in in in in funding funding funding funding for for for for a a a a new new new new Buffalo Buffalo Buffalo Buffalo Bills Bills Bills Bills stadium stadium stadium stadium the the the the budget budget budget budget bill bill bill bill was was was was due due due due April April April April first first first first Julie Julie Julie Julie Walker Walker Walker Walker New New New New York York York York
AP News Radio
Intel building $20B Ohio chip facility amid global shortage
"Amid amid amid amid the the the the global global global global shortage shortage shortage shortage of of of of microprocessors microprocessors microprocessors microprocessors Intel Intel Intel Intel is is is is building building building building a a a a new new new new computer computer computer computer chip chip chip chip facility facility facility facility Intel Intel Intel Intel will will will will invest invest invest invest twenty twenty twenty twenty billion billion billion billion dollars dollars dollars dollars in in in in a a a a new new new new computer computer computer computer chip chip chip chip facility facility facility facility in in in in Ohio Ohio Ohio Ohio that that that that should should should should be be be be up up up up and and and and running running running running by by by by the the the the end end end end of of of of twenty twenty twenty twenty twenty twenty twenty twenty five five five five these these these these microprocessors microprocessors microprocessors microprocessors are are are are used used used used in in in in everything everything everything everything from from from from phones phones phones phones to to to to cars cars cars cars to to to to video video video video games games games games after after after after years years years years of of of of heavy heavy heavy heavy reliance reliance reliance reliance on on on on Asia Asia Asia Asia for for for for the the the the production production production production of of of of the the the the chips chips chips chips vulnerability vulnerability vulnerability vulnerability to to to to shortages shortages shortages shortages was was was was exposed exposed exposed exposed in in in in the the the the U. U. U. U. S. S. S. S. and and and and Europe Europe Europe Europe as as as as both both both both began began began began to to to to emerge emerge emerge emerge economically economically economically economically from from from from the the the the pandemic pandemic pandemic pandemic the the the the U. U. U. U. S. S. S. S. share share share share of of of of the the the the worldwide worldwide worldwide worldwide chip chip chip chip manufacturing manufacturing manufacturing manufacturing market market market market was was was was thirty thirty thirty thirty seven seven seven seven percent percent percent percent in in in in nineteen nineteen nineteen nineteen ninety ninety ninety ninety that's that's that's that's dropped dropped dropped dropped to to to to twelve twelve twelve twelve percent percent percent percent according according according according to to to to the the the the semiconductor semiconductor semiconductor semiconductor industry industry industry industry association association association association I'm I'm I'm I'm Shelley Shelley Shelley Shelley Adler Adler Adler Adler
AP News Radio
Fed to begin slowing economic aid as inflation worries rise
"The federal reserve will begin dialing back the extraordinary economic aid it's provided since the pandemic erupted last year in a statement following its latest policy meeting the fed says it will start reducing its monthly bond purchases in the coming weeks the central bank plans to trim the amount by fifteen billion dollars a month from the current one hundred and twenty billion however that pace could change the move is a response to high inflation that now looks likely to persist longer than it did just a few months ago the bond purchases have been intended to hold down long term interest rates to encourage borrowing and spending but with the economy now recovering that's no longer needed Ben Thomas Washington
Marketplace with Kai Ryssdal
Fed Considers Tapering Bond Purchases as Economy Grows
"So much talk about so little time and that is not. I promise you just me trying to get to the good stuff. It actually has been a busy week. Genus malik is at the new york. Times neil richardson is at adp. Hey you too. I kinda hake so neil and let me start with you I want to discuss a little bit. chair powell and his press conference this week in which he said In literally so many words that the fed has made that substantial further progress Or is very close to it to start to reduce its bond buying program the taper He said we've more than gotten there and inflation as we've talked about many times on this program not quite yet on jobs and i guess my question is we've been told it's going to take on another twelve months or a year or year and a half for the for the job market to recover. Why do you think the fed is gonna taper now. Well they are going to reduce their bond buying for one reason and one reason only they wanna get bang for the buck. They're spending a hundred twenty billion dollars a month on bonds. They wanna see some effect in early on. When everything was in chaos in the financial markets and bonds that were considered safe started acting very risky ways. That were unpredictable. That bond buying helped stabilize everything. It was a success story but bang has faded into a whimper. It's not really having a lot of effet particularly in the jobs. Market that has bottlenecks. That are more amenable to fiscal policy in action than monetary policy. Junior you're on that You're on that video. Call with chair. Powell you're probably paying closer attention than i was. But i don't think anywhere. He said the word transitory about inflation. Did that strike you at all. You know. I think it is interesting. I think there's been a real short of decision. Among monetary policymakers to start being a bit more cautious in the way that they talk about inflation either they still say that there are these temporary forces pushing inflation up. There's no reason to believe that they're going to last forever. But i think we've all become a lot more modest about how long we think temporary is going be you know because it's earlier in the year. They thought these these temporary dislocations we're gonna fade within a few months now. It's like pretty obvious that they're not gonna fade until we're well into next year and i think they're real questions about you. Know how how quickly supply chains in particular are going to get back to any kind of normal
The Breakdown with NLW
Daos, NFTS and Crypto Derivatives Win Attention as Billionaire Paulson Calls Crypto Worthless
"What are the interesting things about. Hedge funds and venture investors. Is that often times. One really big contrarian bet that pays off can solidify investors reputation for a very very long time. John paulson had one of those bets. Betting against the housing market in advance of the great financial crisis. That position ended up netting him and his investors something like twenty billion dollars which is very clearly a career defining bet however it hasn't been quite as good since then at peak in twenty eleven pulse and managed thirty eight billion that was down to nine billion by twenty nineteen when he shut down his hedge fund and started managing his own money an estimated three point five billion instead this is not the scoff at three point five billion dollar fortune but simply to point out the paulsen is proven himself to be pretty firmly in the camp of one really good call which perhaps takes the sting out of his recent comments on bloomberg wealth with david. Rubenstein about crypto. The setup to that combo is one. Many bitcoin is in particular will resonate with basically he says that an expanded money supply is going to drive inflation. His bet however big time is gold. He's backed it for years. And this apparently is finally. It's moment crypto. On the other hand he says will eventually prove to be worthless. I wouldn't recommend anyone. Invest in crypto currencies. Santiago santos said on twitter. It's hard to know. How much is luck versus skill and investing unless you can win and lose on purpose to this day. I doubt my ability. Here's paulson who got a tip from a deutsche bank trader too short housing poor track record since won't be as lucky. This time with crypto masari's ryan sell. Kiss was a bit snark here. John paulson must be bitter. That about thirty crypto investors and entrepreneurs have now leapfrogged him in net worth betting on gold versus digital gold financial internet and the user owned economy at this point is record shadowing boomer energy. What a savage and true phrase record shattering boomer energy
Reset
Bitcoin and Bidens Infrastructure Bill
"So. When i hear infrastructure i think of roads and schools but biden has made the argument that tees investing in human infrastructure so that might include childcare paid leave. Maybe free community college but cryptocurrency. How does bitcoin tie into all this and definitely a strange thing to include in an infrastructure bill for sure But when you're trying to pass a big bipartisan trillion dollar bill paying for so much stuff in the country. There's a lot of people who are asking. Well how are you going to pay for it right. And that was one of the reasons why cryptocurrency was included. These new tax reporting requirements would raise an estimated twenty billion dollars according to some of the senators to offset some of these infrastructure costs. Twenty eight billion dollars is not a small amount of money and it is a very pricey bill but what was it about the original language in the bill that raised alarms right so it wasn't the fact that there'd be heightened tax reporting requirements. It wasn't really. You know the total essence at the bill that it was a definition of the word roker and the way that it was worded was a little too vague for some senators. Especially senator ron wyden. Who feared that. This of broker would end up extending these cumbersome packs reporting requirements to while developers and also cryptocurrency miners. And why does the crypto community argue that developers and minors should be exempt from reporting requirements. Well they're not really making any transactions right there mining cryptocurrency themselves. They're you know creating the wallet. Infrastructure for these transactions that. Take place but it's not necessarily a transaction and of itself right. We heard lawmakers making that argument on the senate floor this week. The underlying text of this bill would impose this kind of transaction reporting requirement on crypto transaction validates. These are the people that are building out the blockchain by validating a transaction they would be obligated to report things like a name and attacks. Id number associated with the dollar amount. They don't have that information
Code Story
Mapped CEO Wants to Simplify IoT Device Integrations
"During my time at cisco i very quickly realized that It was different from every other business. At cisco it was probably my third or fourth conversation After it come into the iot team where the customer looked at us and said have any of you actually been to oilrig. We sort of Looked around the room and nobody can say yes and so it led to lead the four years of really just visiting any customer could whether it was a manufacturing floor you know the roof of the building or the sub basement building going behind the scenes at an amusement park or you know into an oil refinery or out on an oil rig. I just wanted to feel the pain that the customer was going through and and really understand it. Firsthand and those sorts of of of discovery trips led to a repeated pattern that i kept seeing over again. You know i would get on on stage for various cisco events in say things like you know. Gartner predicts that there will be twenty five billion connected devices by twenty twenty five And then the next year it would drop to twenty two billion in the next to dropped a twenty billion and that mix of sort of the the numbers continuing to down into a right plus what. I was observing customers. Which was they would do a pilot in one of their environments and that pilot would take them a year to build and deploy and then they would go to move that pilot the next environment factory across the street or the refinery on the other side of the country and it turns out that all the work they had done for integration. All the work they had done to extract data out of those systems and bring it into the dashboards and the analytics they were trying to put together a had to be done again. It had to be done from scratch because that factory across the street or the refinery on the other side of the of the country had no sort of commonality with the systems that were in the first one where they built the pilot and again this was just a side effect of the various system. Integrators using whatever was the best set of tools at the time this pain of immigration plus the the the sort of droppings predictions of connected devices or iot devices. Them really got me thinking about what is the biggest problem that we have an iot or digitisation and the problem is that as we try to bring together all these devices in order to come up with transformative insights that complex relationships among the devices are aware that that transformative insect comes from and to do that. You have to deeply integrate with these systems. So if we can free up the industry from having to do all the integration manually and we can automate across the seas of of doing integration and sort of reverse engineering what humans had built in the first place. Then we can really start to open this industry at scale and allowed developers who may have never set foot on a factory or have never gone into a refinery to really start to build applications by just purely looking at data and starting to figure out ways to make sense of data rather than spending all their time on integration.
Broken Brain with Dhru Purohit
The Real Cause of Alzheimers and Dementia
"Wanna jump right in and talk about alzheimer's because you wrote a really interesting instagram post. I think it was a few weeks ago. And you were saying. Alzheimer's reversal is is real. It's not just a theory and you were hinting at a new study. Small one but something exciting. That came across your desk that you wanted to highlight and make your audience aware of so. Why are you excited about the study. And what did they cover inside of there. Well i'm hoping you'll share that study with a link. This is work that i've been aware of actually for quite some time. I know you know dr. Dale br edison and he recently published a book. Called the end of alzheimer's. The plan in the first book was invalid. And this one is the plan and i. I wrote the forward to that book and in that ford. I think it really did capture my excitement about the work that he's doing even be beyond how he's broken the mold beyond alzheimer's and let me explain in a. We live in a world where we try to really pigeonhole are diseases to think that they are caused by one thing and therefore we can fix them with a remedy and there's such an effort underway to Find an alzheimer's drug that works just last month. Eli lilly announced the results of a trial. In which they're monoclonal antibody mab was found to reduce the rate of decline of alzheimer's basis by an astounding thirty two percent When they made that announcement the stock value went up. I think twenty billion dollars. Eli lilly but what does that mean. It means. it's slow the decline by third means. People are still declining going to get worse than we know where it ends up generally So it really wasn't a stabilizing alzheimer's or can you imagine actually improving their situation. Because they're looking at one thing. This is a monoclonal antibody that is targeting the so called beta amyloid protein. That's absolutely the cause of alzheimer's.
Armstrong & Getty On Demand
"twenty billion" Discussed on Armstrong & Getty On Demand
"Now fathers as this sunday and americans are expected to spend over twenty billion dollars at story again on sunday. Over twenty billion scratch off. tickets will be sold. Wow all his father's day jokes levy scratching my head. Is that the thing. Your tickets in moments Checking on the world's strongest man competition which is going on right now actually not not far from not you know barely kegs throw from where i'm standing right now. I've watched it on. Espn many times over the years. You know i could summarize this rental car. Car story with If you're thinking of renting a car in august book now now or just you know. Take public transit or uber. Kara by car or something. It's trending over one hundred dollars a day. Rental car fees for august. And that's not for you know. I'm i'm renting a land rover that that's just for your average kind of semi dumpy. Mid sized rental car will have people are going to be shocked. I would because you don't really factor that into like the major expense of your trip. Usually i don't anyway. Oh yeah they give plenty of examples here of people who are spending more for their car for two days than the flight that got. Wow which is shocking and maybe maybe take mass transit. You know maybe just a you decide. Okay i'm gonna take an uber and then jump on the local law ray. Light rail thing that. I'm doing a little vacation travel and i've just i've done the math and i'm just gonna uber everywhere i go. It'll be a lot less expensive than rental car. Heck yeah listening harkin or anything if you didn't follow this. During the pandemic the rental car companies many of them sold off their fleets. That was the only revenue they had. So they figured. Well we gotta keep the doors open. We got to keep the the motor run and so to speak. So we're going to sell off a bunch of our cars because we don't need them little. Did they know that when the economy and traveled bounce back it would be nearly impossible to find vehicles for reasonable amounts of money for the reasons of the chip shortage in supply interruptions in the rest of it. So it's kind of a double triple whammy. That's let to this point but rental cars brutal. Keep it in mind. So the world's strongest man competitions going on in sacramento california ends on the twentieth father's day. I wish i had tickets could go. It's limited crowd because of covid Currently to americans lead. So that's exciting. Yes us hey will compete in a whole bunch of different contests including including the train. Pull the pickaxe hold and the atlas stones over five grueling days. The pick ax hold is that you have to hold it straight out for as long as you can sixty pound ax. You have told it straight out. Can't nobody nobody made a minute. Even among these guys nobody made it a minute. I'll incredible qualifying day. Was the loading medley loading heavy things. I guess the squad lift the dead lift. You gotta have descriptions of these the lightning. I'll have a little more here in a second on day. Two fingers fingers in the train poll then on day. Three the overhead medley pickaxe holding the stone off titans turntable on the final day which is a new event. I'll tell you about all this. Earn just like if at the end of this you tell us you made up. All of these events he shot. Yeah this is the first time ever for titans turntable. Now if you don't know anything about old sacramento which i do know something about having lived near it for so many years it One of the anchors of old sacramento is the best train museum. You've ever been to in your life and they do have a giant turntable. The way they used to turn trains around. Maybe if you've been to san francisco you've seen the cable car turnaround on that. Well you have to push an antique locomotive around the turntable. A full one hundred eighty degrees again. I can't a danged heavy. So wow fingers fingers this is funny. I'm actually watching this right now. The turning the turntable. No the fingle. Springer's fingers fingers is returning the competition. This event was named after the mythological gaelic hunter warrior fingal written about in the eighteenth century. Athletes need to lift a series of large pipes. And drive each over a fulcrum. Oh i've seen this a picture. A large metal pole about five hundred pounds laying on the ground at one end is attached to like hinge. Your job is to to push the poll upright and push it over to another direction. Good one i can't with ever increasing weights as you do more than what if for every been. I just turned to the judges. I can't do. I can't do that. I'm not strong enough back when i used to watch the world. Strongest man competition on. Espn the five or whichever. One i liked how they did all the weights in stone. They seem to have adjusted now towards pounds which get more easily understandable but clearly on the second qualifying day they had the train poll in which athletes erase twenty meters. While pulling a train. Car that weighs eighty tons is new judge judge. You can get your attention. I can't do this. I i can't. It's too heavy. i can't prove it. Can we take some stuff out of that car. Just stand there and once again jack. Armstrong of the united states has failed even begin. The the favorites dropped out with a groin injury on day one. Oh i bet that wasn't good. That'll put a hitch in your get along. Sure trying to pull the train and all of a sudden you're growing goes back. Spring gives exactly they all big. They were that big belt to keep their guts from spilling out. That's the point at the big belt. Isn't it back. But i think it's back support actually okay. So he's the guy who can't even starting event michael. Don't we have that. Didn't we have that tape. Used to play. Whenever we talk about an injury. I broke six ribs. And then we got the we got the stretching and that's right stretch snap. It was labeled they should. They should have done this. That would have been a good promotional thing to have an average person like local disc jockey. Jack armstrong try any of these events and like failed to do anything like it can't even lift up the thing to try to tip it over the big rock you've gotta carry somewhere can't even get it off. The ground can't budge the train. Do any of the things at all let alone you know. I don't feel like the failed case of an average joe. Attempting these events is all look. He couldn't do. It will die if they try to. These hartselle just explode. Yeah gotta get a young young jack atlas stone rolls on your foot. Hope she's a pop fan and these guys almost never look like somebody that you would see in sale. but that guy's the strongest man in the world. They almost never looked like that well. That's because they don't look like musclemen. They look like farmers big strong farmers. I think a lot of them away looking at some of the pictures. A lot of if some enclosed. You just think oh. That's the fat guy that works over in the cubicle. Now he's the strongest man in the world lifts up all the cubicles rearranges them like your train won't start. You can't get your train started. He'll pull it for.
Mornings With Gail - 1310 KFKA
"twenty billion" Discussed on Mornings With Gail - 1310 KFKA
"Twelve cents a barrel and bitcoin at thirty nine thousand three hundred the wells fargo investment institute out with their mid-year outlook. It was just released yesterday afternoon. It predicts and intensified economic recovery. Continuing until or i should say into next year. Inflation taxes and interest rates are a concern but the outlook says they appear very unlikely to douse the economic recovery or to alter our preferences for defensive and growth oriented stocks. That's according to again. The wells fargo investment institute. Pretty interesting yeah. It is and i think investors should take note of something like that because the news. You know if you don't follow this in-depth if you don't follow it with a long term perspective and you don't keep those things in mind when you hear the news you're likely to fall victim to my clients. All the time are calling me worried about inflation worried about interest rates rising and yet the fed over and over and over and over again says there will not be need to raise interest rates until two thousand twenty three. Now let's see what j. paul says today will vary from that if he does. There could be a market pullback. I don't think it would be major. But there could be. But i don't think he'll vary from that i think he's going to parse his words very carefully agreed the what about the art of the taper as we discussed yesterday. Do you expect him. To actually bring that up that coming tapering of its bond buying program. He may mention it but remember what we said yesterday. And this you know when you when you see how the general media reacts to this as superficial is that will be. Remember the in-depth briefing. We gave you yesterday as a result of a listener Question i got from gentlemen. Tim north If he may well mentioned that tapering the bond buying program twenty billion dollars. A month is in the future but they couldn't even start it until late this year and it would take months and months.
Data Engineering Podcast
"twenty billion" Discussed on Data Engineering Podcast
"Patrick is a diligent data engineer. Probably the best and his team yesterday when trying to optimize the performance of a query running over twenty billion rose. He was so eager to succeed that he read the entire database documentation. He changed the syntax. He changed the schema. He gave it his everything and reduced the response. Time from twenty minutes down to five today is not a good day. Sarah from business intelligence says five minutes is way too long john. The was constantly slacking every living being trying to figure out what caused the business intelligence expenses to grow so high yesterday. Want to become the liberator of data fireboats cloud data warehouse can run complex queries over terabytes in pedal bytes of data and sub seconds with minimum resources. No more waiting no more huge expenses and your hard work finally pays off. Fire is the fastest cloud. Data warehouse visit data engineering podcast dot com slash fire bolts today to get started. The first twenty five visitors will receive a free fire bolt t shirt and in the actual workflow of getting started with building a data doc inquiry book and sort of discovering the data assets and working with it and then you mentioned the communication capabilities. Just sort of the overall workflow of saying. I have this question that i'm trying to answer. I'm going to go use query book to be able to answer it and then just this sort of end to end flow of question to solution and then sort of the life cycle of the data. Doc after i've come to a particular conclusion from the question that i've asked short i mean Idea steps you go into the us the for it. Then you can live on that. Look when you have you can. Just start typing. That will be your first corey. If you already know details you are waiting to use. Maybe because it's like table that your team or appropriate space that your team offend works. Therefore maybe there's like a few alexei five entails So then you can just start typing completed you wanna have a reminder for example quickenloans scheme of it can does the locally and then you will get the information fits in cyber since the experience of like missing like a real. Id programming and then you continued writing gore. You're only once a good results. You gun modify your glory because maybe you like another dimension flavor than you're again. You lied the historical results if you wanna go back to them. Maybe do outside with scoring do then. I quit new corey in bottom low. Then you all your your maybe now slicing dicey for the friend aspect for example. Maybe you first licensed by the country. United by friends later among a humidity cited authority by other frank maybe languish then once you find there some or the answer to your question. You can odd a new cells between those results..
AP News Radio
Ford: Electric Vehicles to Be 40% of Global Sales by 2030
"Ford expects forty percent of its global sales to be electric vehicles by twenty thirty as it adds billions to what it's spending to develop them the automaker says it will add about eight billion to its electric vehicle development spending through twenty twenty five that would bring the total to nearly twenty billion as board begins to build batteries in a joint venture with SK innovation right now board only offers the all electric Mustang S. U. V. but by next spring it will happen all electric F. one fifty pickup and a battery powered fan Ford says seventy thousand customers have put down a hundred dollar deposit on the F. one fifty and the company says it has plans for an electric Ford explorer SUV I'm Julie Walker
AP News Radio
All Aboard! Biden to Help Amtrak Mark 50 Years on the Rails
"The man sometimes referred to as Amtrak Joe is helping the nation's passenger rail system market's fiftieth anniversary senator and vice president Biden was an Amtrak regular commuting between Delaware and Washington's Union Station president Biden will be back at Philadelphia's thirtieth street station today celebrating the Amtrak service anniversary and pitching his infrastructure package which would give Amtrak eighty billion dollars for repairs expanding service and improving the busy Northeast Corridor which as vice president he called a vital part of the nation's economy one of every three jobs in America so long this card Senate Republicans are pitching twenty billion dollars for rail service Sager mag ani Washington
The Business of Esports
Discord jilts Microsoft
"According to the wall street journal. Discord is ending talks to sell itself to microsoft or any other company at this time in march. There were rumors that microsoft was attempting to buy the gaming chat firm for about ten billion bloomberg says discord reportedly rejected a twelve billion dollar offer from microsoft according to the publication sources. That are close to the matter. No surprise that these talks broke down in the context of recent gaming. Ipo's discord surely new worth a lot more than twelve billion dollars. It was my view that if microsoft got discord for ten billion or twelve billion it would go down as one of the best acquisitions of all time for them. I suspect dischord. We'll go the ipo route and likely command a twenty billion dollar plus valuation.
THE NEWS with Anthony Davis
Trump Delayed $20 Billion in Aid to Puerto Rico
"Trump administration delayed more than twenty billion dollars in hurricane relief aid for puerto rico after hurricane maria according to a report by the housing department's office of the inspector general the efforts to deliver recovery funding to the island or unnecessarily delayed by bureaucratic obstacles. According to the forty six page report the hurricane which hit the island in twenty seventeen killed thousands of people and left thousands more without electricity or water for months. One of the main hurdles was the requirement imposed by the office of management and budget which established an inter agency review before grant approvals according to a report from the department of housing and urban development the process which was never before required for allocating disaster funds prevented hud from publishing its draft notice of funding by the target date however investigators did not have access to the former hud secretary ben carson and other political officials. The investigators will also denied or delayed access to hud information on several occasions in february twenty. Twenty the office of the inspector general received a request democratic senators asking the office to conduct an inquiry into whether delays in hud's release of the disaster recovery funds for puerto rico violated the impoundment control act of nineteen seventy four. Be agency stalled the release of the disaster relief aid in twenty nine teen and imposed additional restrictions on how the island could access the funds. The agency cited corruption and financial mismanagement concerns for the blocks hurricane. Maria had hundreds of thousands of homes on the twentieth of september. Twenty seventeen and many was still living under blue tops. Three years later
Techmeme Ride Home
Microsoft Signs Deal To Outfit US Army With AR Headsets
"Essentially this. This broke yesterday. And what i called. It was the biggest news in the history of the ar industry which is not saying much since the air industry is relatively young but this is like a big bang moment because in one deal in industry can be validated and so the headlines would be microsoft Signed a contract with the pentagon to create one hundred and twenty thousand custom hollow lens. A our headsets for the us army and that deal could be worth as much as twenty one point eight billion dollars over ten years. The point that i made on the show was think of all of those moon. Shots that google has been investing in and this is not me being snarky in one fell swoop. Microsoft has essentially completely earned. Its money back from a moonshot that no one was paying attention to were. But this is a hardware moonshot. This is essentially if people have been thinking about a. r. n. vr as the next big thing to the tune of twenty billion dollars. Microsoft is like this is by the way a thing now so I this follows. Of course the the deals that microsoft has done with the pentagon in terms of their cloud computing stuff. But i'm saying and compared to the moon shots of google and comparing it to what amazon has done with aws and all the sudden amazon out of left field. Or i'm sorry. Microsoft out of left field has this whole pentagon arm of its business that depending on how you term it in terms of years something is worth thirty billion dollars so dialing back from the pentagon angle of it. It's just the idea that out of nowhere. The ar vr space in my opinion has suddenly been validated.
Daily Tech News Show
"twenty billion" Discussed on Daily Tech News Show
"Well gm and ford have not taking this lying down neither neither toyota honda lantis but gm and ford have been taking chips meant for other less profitable cars and putting them in the pickup trucks. Because they know they can sell those and make more money off them but they've now have had to start building trucks without chips. They don't have enough chips even for the trucks anymore. So they're building trucks without the chips and then just parking them until they get the chips and they can finish the truck and ship it. Companies are also starting to move away from just in time inventory to stockpiling. That's something everybody did before the eighties but toyota pioneered. The justice system in the nineteen eighties bringing costs down. Toyota itself announced in february that it built up a four month chip stockpile toyota from the eighties called and said that's heresy. But that's the world we live in companies are talking about supply chain resiliency. Now they want to keep some of the cost savings of just in time but with flexibility like dual sourcing of parts closer production to your factory not ordering from so far away. In case you know book it's cotonou suez standardization of parts so that you can use things in multiple places auto parts maker. Dana is actually building a data sharing platform with suppliers so that they can see possible issues before they arrive. If you know parts maker three steps removed from the part you need is having an issue. You could start to plan better than finding out the day that the end part doesn't arrive because it's delayed electric batteries and motors possible crisis spots that companies are looking to try to avoid problems with and of course getting more chips into the system would help to. Tsmc just announced it plans to invest a further one hundred billion dollars over the next three years to expand its chip fabricators capacity. That's on top of twenty billion had already announced and follows announcements of expansions investments from intel samsung global foundries and more But this we keep saying we just need to push through the supply chain weirdness that was caused by all kinds of things in the pandemic..
Daily Tech News Showhttps://dailytechnewsshow.com/
"twenty billion" Discussed on Daily Tech News Showhttps://dailytechnewsshow.com/
"Well gm and ford have not taking this lying down neither neither toyota honda lantis but gm and ford have been taking chips meant for other less profitable cars and putting them in the pickup trucks. Because they know they can sell those and make more money off them but they've now have had to start building trucks without chips. They don't have enough chips even for the trucks anymore. So they're building trucks without the chips and then just parking them until they get the chips and they can finish the truck and ship it. Companies are also starting to move away from just in time inventory to stockpiling. That's something everybody did before the eighties but toyota pioneered. The justice system in the nineteen eighties bringing costs down. Toyota itself announced in february that it built up a four month chip stockpile toyota from the eighties called and said that's heresy. But that's the world we live in companies are talking about supply chain resiliency. Now they want to keep some of the cost savings of just in time but with flexibility like dual sourcing of parts closer production to your factory not ordering from so far away. In case you know book it's cotonou suez standardization of parts so that you can use things in multiple places auto parts maker. Dana is actually building a data sharing platform with suppliers so that they can see possible issues before they arrive. If you know parts maker three steps removed from the part you need is having an issue. You could start to plan better than finding out the day that the end part doesn't arrive because it's delayed electric batteries and motors possible crisis spots that companies are looking to try to avoid problems with and of course getting more chips into the system would help to. Tsmc just announced it plans to invest a further one hundred billion dollars over the next three years to expand its chip fabricators capacity. That's on top of twenty billion had already announced and follows announcements of expansions investments from intel samsung global foundries and more But this we keep saying we just need to push through the supply chain weirdness that was caused by all kinds of things in the pandemic..
Daily Tech News Show
"twenty billion" Discussed on Daily Tech News Show
"Well gm and ford have not taking this lying down neither neither toyota honda lantis but gm and ford have been taking chips meant for other less profitable cars and putting them in the pickup trucks. Because they know they can sell those and make more money off them but they've now have had to start building trucks without chips. They don't have enough chips even for the trucks anymore. So they're building trucks without the chips and then just parking them until they get the chips and they can finish the truck and ship it. Companies are also starting to move away from just in time inventory to stockpiling. That's something everybody did before the eighties but toyota pioneered. The justice system in the nineteen eighties bringing costs down. Toyota itself announced in february that it built up a four month chip stockpile toyota from the eighties called and said that's heresy. But that's the world we live in companies are talking about supply chain resiliency. Now they want to keep some of the cost savings of just in time but with flexibility like dual sourcing of parts closer production to your factory not ordering from so far away. In case you know book it's cotonou suez standardization of parts so that you can use things in multiple places auto parts maker. Dana is actually building a data sharing platform with suppliers so that they can see possible issues before they arrive. If you know parts maker three steps removed from the part you need is having an issue. You could start to plan better than finding out the day that the end part doesn't arrive because it's delayed electric batteries and motors possible crisis spots that companies are looking to try to avoid problems with and of course getting more chips into the system would help to. Tsmc just announced it plans to invest a further one hundred billion dollars over the next three years to expand its chip fabricators capacity. That's on top of twenty billion had already announced and follows announcements of expansions investments from intel samsung global foundries and more But this we keep saying we just need to push through the supply chain weirdness that was caused by all kinds of things in the pandemic..
Daily Tech News Show
"twenty billion" Discussed on Daily Tech News Show
"Well gm and ford have not taking this lying down neither neither toyota honda lantis but gm and ford have been taking chips meant for other less profitable cars and putting them in the pickup trucks. Because they know they can sell those and make more money off them but they've now have had to start building trucks without chips. They don't have enough chips even for the trucks anymore. So they're building trucks without the chips and then just parking them until they get the chips and they can finish the truck and ship it. Companies are also starting to move away from just in time inventory to stockpiling. That's something everybody did before the eighties but toyota pioneered. The justice system in the nineteen eighties bringing costs down. Toyota itself announced in february that it built up a four month chip stockpile toyota from the eighties called and said that's heresy. But that's the world we live in companies are talking about supply chain resiliency. Now they want to keep some of the cost savings of just in time but with flexibility like dual sourcing of parts closer production to your factory not ordering from so far away. In case you know book it's cotonou suez standardization of parts so that you can use things in multiple places auto parts maker. Dana is actually building a data sharing platform with suppliers so that they can see possible issues before they arrive. If you know parts maker three steps removed from the part you need is having an issue. You could start to plan better than finding out the day that the end part doesn't arrive because it's delayed electric batteries and motors possible crisis spots that companies are looking to try to avoid problems with and of course getting more chips into the system would help to. Tsmc just announced it plans to invest a further one hundred billion dollars over the next three years to expand its chip fabricators capacity. That's on top of twenty billion had already announced and follows announcements of expansions investments from intel samsung global foundries and more But this we keep saying we just need to push through the supply chain weirdness that was caused by all kinds of things in the pandemic..
Daily Tech News Show
"twenty billion" Discussed on Daily Tech News Show
"Well gm and ford have not taking this lying down neither neither toyota honda lantis but gm and ford have been taking chips meant for other less profitable cars and putting them in the pickup trucks. Because they know they can sell those and make more money off them but they've now have had to start building trucks without chips. They don't have enough chips even for the trucks anymore. So they're building trucks without the chips and then just parking them until they get the chips and they can finish the truck and ship it. Companies are also starting to move away from just in time inventory to stockpiling. That's something everybody did before the eighties but toyota pioneered. The justice system in the nineteen eighties bringing costs down. Toyota itself announced in february that it built up a four month chip stockpile toyota from the eighties called and said that's heresy. But that's the world we live in companies are talking about supply chain resiliency. Now they want to keep some of the cost savings of just in time but with flexibility like dual sourcing of parts closer production to your factory not ordering from so far away. In case you know book it's cotonou suez standardization of parts so that you can use things in multiple places auto parts maker. Dana is actually building a data sharing platform with suppliers so that they can see possible issues before they arrive. If you know parts maker three steps removed from the part you need is having an issue. You could start to plan better than finding out the day that the end part doesn't arrive because it's delayed electric batteries and motors possible crisis spots that companies are looking to try to avoid problems with and of course getting more chips into the system would help to. Tsmc just announced it plans to invest a further one hundred billion dollars over the next three years to expand its chip fabricators capacity. That's on top of twenty billion had already announced and follows announcements of expansions investments from intel samsung global foundries and more But this we keep saying we just need to push through the supply chain weirdness that was caused by all kinds of things in the pandemic..
AP News Radio
Beyond the pandemic: London tourism braces for slow recovery
"The only to the pandemic London tourism braces for a slow recovery off to three national lockdowns the city's tourist attractions and other hospitality businesses making tentative plans to reopen in mid may the earliest the government says international travel could resume for London's tourism which employs one in seven workers in the capital the pandemic because being a body blow the industry's contribution to the economy plunging from over twenty billion dollars in twenty nineteen to just four billion in the past year the tower of London England's top paid attraction normally draws more than three million visitors annually but is being closed to all but a dozen weeks since last March Charles Taylor this month London
Daily Tech News Show
"twenty billion" Discussed on Daily Tech News Show
"We don't know how to make our stuff work on your equipment. So that's going away to help with capacity of chip-making in the world because that's the problem. Everybody's having right now. Intel also announced it will invest twenty billion dollars to add to new chip fabs to existing facilities it has in chandler arizona. Those are set to go online in two thousand twenty four. So they're not gonna ease the current chip shortage it anytime soon but they will be there. Arizona is actually becoming a booming hotbed for manufacturing. Tsmc is planning to build something in the phoenix area. Samsung is considering building in arizona. Also considering austin so it may go one way or the other and until wants to go head to head with them on building chips. Tsmc and samsung get a lot of business from apple and qualcomm and others and gelsinger said in his announcement he he would love to build chips for apple. He would love to build the m one chip for apple. Yes the same apple that intel's running ads. Slamming gelsinger said is clearly a copetition story and keep in mind until foundry services is a standalone company. Samsung does this all the time where the electronics side is slamming. Somebody that they actually build parts for in the other. Part of samsung makes chips. So until could just be like that well. Intel wants to build for others. It will also continue to take advantage of letting others build its chips where that makes sense. Everybody thought they were gonna go that they were going to become fabulous. Tsmc gets more than seven billion dollars of business from intel a year and that will continue with especially high performance chips like the supercomputer oriented seven. Nanometer ponte vecchio. They will continue where it makes sense to be like. Yeah we'll we'll outsource some stuff but we're also going to beef up. Our fabrication capacity. Gal singer is new to intel. Sort of he led the architect of the four eighty six chip back in the day and was cto when he left intel in two thousand nine. After thirty years there he went on to become ceo at emc and ceo. Of vm ware in the intervening years and he returned to intel as ceo february fifteenth this year and seems to have generated a lot of enthusiasm within the company. Also in case you're wondering they did announce something about seven nanometer. Seven nanometer consumer chip production. That's meteor lake is on scheduled to start in volume in twenty twenty three But the big news here is intel making turn away from like maybe becoming a fabulous company to saying no no. The money is in macon chips for everybody else instead of trying to compete with apple and hired justin long and try to sell more intel chips. Let's make the one chip we that way we could. We could sell intel chips to to windows pc makers and get some money out of making chips for apple qualcomm..
Daily Tech News Show
"twenty billion" Discussed on Daily Tech News Show
"We don't know how to make our stuff work on your equipment. So that's going away to help with capacity of chip-making in the world because that's the problem. Everybody's having right now. Intel also announced it will invest twenty billion dollars to add to new chip fabs to existing facilities it has in chandler arizona. Those are set to go online in two thousand twenty four. So they're not gonna ease the current chip shortage it anytime soon but they will be there. Arizona is actually becoming a booming hotbed for manufacturing. Tsmc is planning to build something in the phoenix area. Samsung is considering building in arizona. Also considering austin so it may go one way or the other and until wants to go head to head with them on building chips. Tsmc and samsung get a lot of business from apple and qualcomm and others and gelsinger said in his announcement he he would love to build chips for apple he would love to build the m one chip for apple. Yes the same apple that intel is running ads. Slamming gelsinger said is clearly a copetition story and keep in mind until foundry services is a standalone company. Samsung does this all the time where the electronics side is slamming. Somebody that they actually build parts for in the other. Part of samsung makes chips. So until could just be like that well. Intel wants to build for others. It will also continue to take advantage of letting others build its chips where that makes sense. Everybody thought they were gonna go that they were going to become fabulous. Tsmc gets more than seven billion dollars of business from intel a year and that will continue with especially high performance chips like the supercomputer oriented seven. Nanometer ponte vecchio will continue where it makes sense to be like. Yeah we'll we'll outsource some stuff but we're also going to beef up. Our fabrication capacity. Gal singer is new to intel. Sort of he led the architect of the four eighty six chip back in the day and was cto when he left intel in two thousand nine. After thirty years there he went on to become ceo at emc and ceo. Of vm ware in the intervening years and he returned to intel as ceo february fifteenth. Here and seems to have generated a lot of enthusiasm within the company also in case. You're wondering they did announce something about seven nanometer. Seven nanometer consumer chip production. That's meteor lake is on scheduled to start in volume in twenty twenty three But the big news here is intel making turn away from like maybe becoming a fabulous company to saying no no. The money is in macon chips for everybody else instead of trying to compete with apple and hired justin long and try to sell more intel chips. Let's make the one chip we that way we could. We could sell intel chips to to windows pc makers and get some money out of making chips for apple qualcomm..
Daily Tech News Show
"twenty billion" Discussed on Daily Tech News Show
"We don't know how to make our stuff work on your equipment. So that's going away to help with capacity of chip-making in the world because that's the problem. Everybody's having right now. Intel also announced it will invest twenty billion dollars to add to new chip fabs to existing facilities it has in chandler arizona. Those are set to go online in two thousand twenty four. So they're not gonna ease the current chip shortage jitney time soon but they will be there. Arizona is actually becoming a booming hotbed for manufacturing. Tsmc is planning to build something in the phoenix area. Samsung is considering building in arizona. Also considering austin so it may go one way or the other and until wants to go head to head with them on building chips. Tsmc and samsung get a lot of business from apple and qualcomm others and gelsinger said in his announcement he he would love to build chips for apple he would love to build the m one chip for apple. Yes the same apple that intel is running ads. Slamming gelsinger said is clearly a copetition story and keep in mind until foundry services is a standalone company. Samsung does this all the time where the electronics side is slamming. Somebody that they actually build parts for in the other. Part of samsung makes chips. So until could just be like that well. Intel wants to build for others. It will also continue to take advantage of letting others build its chips where that makes sense. Everybody thought they were gonna go that they were going to become fabulous. Tsmc gets more than seven billion dollars of business from intel a year and that will continue with especially high performance chips like the supercomputer oriented seven. Nanometer ponte vecchio. They will continue where it makes sense to be like. Yeah we'll we'll outsource some stuff but we're also going to beef up. Our fabrication capacity. Gal singer is new to intel. Sort of he led the architect of the four eighty six chip back in the day and was cto when he left intel in two thousand nine. After thirty years there he went on to become ceo at emc and ceo. Of vm ware in the intervening years and he returned to intel as ceo february fifteenth this year and seems to have generated a lot of enthusiasm within the company. Also in case you're wondering they did announce something about seven nanometer. Seven nanometer consumer chip production. That's meteor lake is on scheduled to start in volume in twenty twenty three But the big news here is intel making turn away from like maybe becoming a fabulous company to saying no no. The money is in macon chips for everybody else instead of trying to compete with apple and hired justin long and try to sell more intel chips. Let's make the one chip we that way we could. We could sell intel chips to to windows pc makers and get some money out of making chips for apple qualcomm. whoever else wants it and also doesn't just sort of signal..
Daily Tech News Show
"twenty billion" Discussed on Daily Tech News Show
"We don't know how to make our stuff work on your equipment. So that's going away to help with capacity of chip-making in the world because that's the problem. Everybody's having right now. Intel also announced it will invest twenty billion dollars to add to new chip fabs to existing facilities it has in chandler arizona. Those are set to go online in two thousand twenty four. So they're not gonna ease the current chip shortage it anytime soon but they will be there. Arizona is actually becoming a booming hotbed for manufacturing. Tsmc is planning to build something in the phoenix area. Samsung is considering building in arizona. Also considering austin so it may go one way or the other and until wants to go head to head with them on building chips. Tsmc and samsung get a lot of business from apple and qualcomm and others and gelsinger said in his announcement he he would love to build chips for apple he would love to build the m one chip for apple. Yes the same apple that intel is running ads. Slamming gelsinger said is clearly a copetition story and keep in mind until foundry services is a standalone company. Samsung does this all the time where the electronics side is slamming. Somebody that they actually build parts for in the other. Part of samsung makes chips. So until could just be like that well. Intel wants to build for others. It will also continue to take advantage of letting others build its chips where that makes sense. Everybody thought they were gonna go that they were going to become fabulous. Tsmc gets more than seven billion dollars of business from intel a year and that will continue with especially high performance chips like the supercomputer oriented seven. Nanometer ponte vecchio. They will continue where it makes sense to be like. Yeah we'll we'll outsource some stuff but we're also going to beef up. Our fabrication capacity. Gal singer is new to intel. Sort of he led the architect of the four eighty six chip back in the day and was cto when he left intel in two thousand nine. After thirty years there he went on to become ceo at emc and ceo. Of vm ware in the intervening years and he returned to intel as ceo february fifteenth this year and seems to have generated a lot of enthusiasm within the company. Also in case you're wondering they did announce something about seven nanometer. Seven nanometer consumer chip production. That's meteor lake is on scheduled to start in volume in twenty twenty three But the big news here is intel making turn away from like maybe becoming a fabulous company to saying no no. The money is in macon chips for everybody else instead of trying to compete with apple and hired justin long and try to sell more intel chips. Let's make the one chip we that way we could. We could sell intel chips to to windows pc makers and get some money out of making chips for apple qualcomm. whoever else wants it and also doesn't just sort of signal..
Daily Tech News Showhttps://dailytechnewsshow.com/
"twenty billion" Discussed on Daily Tech News Showhttps://dailytechnewsshow.com/
"We don't know how to make our stuff work on your equipment. So that's going away to help with capacity of chip-making in the world because that's the problem. Everybody's having right now. Intel also announced it will invest twenty billion dollars to add to new chip fabs to existing facilities it has in chandler arizona. Those are set to go online in two thousand twenty four. So they're not gonna ease the current chip shortage it anytime soon but they will be there. Arizona is actually becoming a booming hotbed for manufacturing. Tsmc is planning to build something in the phoenix area. Samsung is considering building in arizona. Also considering austin so it may go one way or the other and until wants to go head to head with them on building chips. Tsmc and samsung get a lot of business from apple and qualcomm and others and gelsinger said in his announcement. He would love to build chips for apple he would love to build the m one chip for apple. Yes the same apple that intel's running ads. Slamming gelsinger said is clearly a copetition story and keep in mind until foundry services is a standalone company. Samsung does this all the time where the electronics side is slamming. Somebody that they actually build parts for in the other. Part of samsung makes chips. So until could just be like that well. Intel wants to build for others. It will also continue to take advantage of letting others build its chips where that makes sense. Everybody thought they were gonna go that they were going to become fabulous. Tsmc gets more than seven billion dollars of business from intel a year and that will continue with especially high performance chips like the supercomputer oriented seven. Nanometer ponte vecchio will continue where it makes sense to be like. Yeah we'll we'll outsource some stuff but we're also going to beef up. Our fabrication capacity. Gal singer is new to intel. Sort of he led the architect of the four eighty six chip back in the day and was cto when he left intel in two thousand nine..
Outcomes Rocket
Healing Yourself With The Direct Your Own Care Process With David Hanscom
"Such privilege to have you back here. Dr hans com. Thank you so much for for joining us again. Thank you how bad yes and so during our initial podcast with you you you took us through. You know the problem of over care in the us and just lot of the different over operations end the waste. Twenty billion dollars a year on on on handling chronic pain in a way that's not effective today. We're going to be focused on the solution and how you're addressing it with your resources and your website and now the app that you guys are launching. So why don't you kick us off with what that solution looks like in your eyes. What is happening medicine. Particularly the last twenty years as it were focused on structure other words. If you have a symptom it must be some structural problem causing it. The reality is probably not sin of also in your body in any body region is from the physiology how the body function snow and other words which lows stress chemicals which level information so the body is under selection of parts chain. Is it cars way. More complex than carbs are runs as work in precision. The buddies wayne precisely car in the history. Work and function. Medicine is really looking at just symptoms enough actual function of the she
Wall Street Breakfast
Intel is spending $20 billion to build two new chip plants in Arizona
"Remember the semiconductor shortage. Intel is planning a major manufacturing expansion which will start with a twenty billion dollar investment in two new chip factories commonly referred to its fabs short for fabrication plants. The facilities will be located on the patillo campus in arizona while planning and construction will begin this year until also said it will act as a manufacturing partner for chip companies that focus on cima conductor designed but can't make the chips themselves sending shares up almost five percent pre-market
CoinDesk Podcast Network
When Currencies Fail: Bitcoin Google Searches in Turkey Rise 400% as Lira Crashes
"Let's move to our main discussion and there are really two parts of the story that we're going to cover. The first is the devastating crash of the turkish lira. The second is the response of people in that country who found their money worth dramatically less than it was just a few days before first of all what happened between sunday evening and monday. The turkish lira fell as much as seventeen percent against the dollar ultimately landing around ten percent down. Turkish stocks also crashed the benchmark borsa. Istanbul one hundred stock index was down as much as nine point four percent which is the biggest sell-off since june. Two thousand thirteen. The nasdaq listed shares. Msci turkey efl seventeen point five percent pre market in the us. The cause of all this on early saturday morning. Turkish president aragon unexpectedly fired nasi ball. though central. Bank governor who had been appointed in november at the center of their disagreement was how to approach inflation. So let's step back and actually look at the scenario inherited oddball. He was the third central bank governor in two years in november the year that he came to power the annual inflation rate was fourteen point zero three percent. According to the turkish statistical institute by december it was up to fourteen point six percent now these are just official numbers and some argue that it's actually much higher on november twelfth twenty. Twenty johns hopkins. Economists hanky tweeted everyday. I accurately measure inflation in turkey today. Measure it at thirty five point six one percent this year as opposed to the official number of eleven point eight nine percent after that fourteen point six percent number came out in december. He said that it was actually twenty. Five point eight five percent per year even holding that aside if you just take the official number nearly fifteen percent inflation a year a staggering that means a having of your purchasing power every year and this has been going on for a long time sue from three hours capital tweeted last night fun fact. The reason turkish lira is t. r. l. is because they've already redenominated before due to massive hyperinflation. Let's add a little more color than about the previous year and a half. The central bank had been keeping interest rates low or at least below consumer inflation. And as we've discussed before on this show. Negative real rates mean investors are discouraged from holding that sovereign debt as well as from holding lira or lira-denominated assets. These have been the policies for eighteen months or more and by fall. The currency was at all time. Lows added to. This fire was the way the turkish central bank had been trying to prop up the lira. Selling more than one hundred billion dollars in us foreign reserves in order to keep the lira from completely cratering in the process this destroyed and depleted their foreign exchange reserves and lead them to actually owing more dollars to turkish banks than the central bank actually had determined. Opposition leaders ask for judicial probe into the official reserves as of november. The country looked to be heading to a full on balance of payments crisis. And on top of this there have been major questions around the independence of the central bank from president. Aragon aragon infrequently given the central bank direct monetary policy instructions had dismissed two governors in the previous sixteen months effectively. When we really take a step back. Turkey has been on the see-saw between currency crisis and inflation. On the one hand and massive austerity and growth slowing interest rate hikes. On the other a currency crisis twenty eighteen led to increase interest rates. And by summer of the next year aragona points quote a friend to cut rates by mid-november when oddball came in it was a swing back to the interest rate hikes austerity side of the pendulum. The first act of akbal as he came in was to immediately raise the central banks one week repo rate which is an interbank lending rate from ten point. Two five percent to fifteen percent now. Interestingly this had started to work things were looking more positive from currency perspective at least in early. Twenty twenty one. Daniel call tweeted this morning. The turkey central bank helped make lira one of the best currencies versus the us d- in twenty twenty one curbing money supply growth via rate hikes helping reduce inflation. The turkish lira was up three point zero seven percent from december thirty first twenty twenty two march nineteenth. Twenty twenty one. It had been down twenty percent the year before it also saw something like fourteen to twenty billion of foreign fund inflows into turkish assets over that same period which reversed years of the opposite direction. Basically the interest rate hikes austerity were performing well in the context of global currency markets. But ogbah clearly didn't believe inflation was getting under control to the degree that he wanted to. He raised rates again to seventeen percent and then finally on the thursday before his dismissal raise them much more than expected to full. Nineteen percent and so the pendulum is swinging back again from interest rate hikes and toward at least in the minds of investors runaway inflation. The newly appointed governor saheb cops. Yo glue said that beating. Inflation is the bank's main objective but also said that they're committed to lowering borrowing costs and bolstering growth. Money managers. basically think he's going to be forced to lower interest rates and accept currency depreciation and indeed the other place. This is showing up is in the cost of insuring. Turkey's government debt against default the price of which rose more than fifty percent over the weekend. What's more this move. And the switch. From ball to cops iaglu super reinforces the narrative that central banks lack independence from erdogan. As well casio glue is a party. Loyalist bloomberg's chief emerging markets. Economists said quote the hit to the central bank's credibility and independence can't be overstated to gone has battered the institutions with interventions that have repeatedly financial markets. Were willing to give ball a chance. His successor will find it hard to build that trust again. So let's talk now about the other dimension to this that you might have caught if you were on twitter. Google searches for the term bitcoin in turkey more than quadrupled over the weekend after akbal sacking wise. That happening while one part of it may be the idea that bitcoin provides in inflation hedge and just a different currency to get away from lira volatility. Which by the way all it using bitcoin to get away from volatility where they don't tell you when they're trying to critique bitcoin is that people can stomach more volatility if there's some possibility that those seventeen percents swings or also to the upside as well but the other part of it is that as i mentioned the new governor has said that they are committed to fighting inflation but doesn't want interest rates to be the tool because they messed with growth. What are there other tools then. Bing bing bing capital controls restricting the flows of capital out of lira and lira-denominated assets so one question might be alongside. Google searches is are we. Seeing an increase in exchange activity owner goes pack. A consultant at the bbc turk pro exchange said that there was a spike in volume and that it was four both usd t tether as an alternative to us dollars and bitcoin on btc turk the bitcoin turkish lira pair has the highest volume with the tether turkish lira pair being the second highest now. This situation is going to evolve a lot. And i think on the one hand you have to just heartbroken. For the turkish people who are stuck between the whims and machinations of politicians and global economic flows that they have no control over when it comes to how much this new set of crypto and digital assets can actually help them escape from those pains. I've said numerous times. One of them remarkable things about this moment isn't that bitcoin and digital assets are going to save everyone from the follies of local currency regimes. That's just not realistic yet. What's remarkable is that for the first time ever the entire span of human history. There is a convenient easy permission. 'less ramp from those regimes for those people. Who have the technical know how to do it. The number of people who have that know how is an ever expanding group and that means that bitcoin and digital assets at an x factor to every single currency crisis. From here on
Breaking Biotech
Continuing to Navigate the Neurodegenerative Disease Subsector
"The first thing. I want to mention of course is what we're really dealing with here when we're looking at specifically companies in the next generation space. Now i'm going to belabor the slight even less than i did last time basically for good phase three data. I feel it'd be good. Expect a company trade between at a minimum really of ten to twenty billion dollars market cap and for companies. That are kind of earlier in the pipeline. I would say they've shown some good phase one b or some good early phase two a data. We can expect them to trade around at one billion dollar market cap and that seems to be the case so far and there's obviously tons of information that we can use to say whether or not they should be trading at a higher value or a lower value than that. But that's generally what i'm going into this with and using the data that's available out there. You can really make your own assessment. What you think is a fair value for some of these companies but anyway just to show this slide quickly because we need to know what we're dealing with here so keep all that in mind as we look at the market cap of these different companies. Today and the first company. I want to touch on. Is a company called aspira. Fire ticker symbol. Ha they closed on friday. The fifth at nineteen dollars and eighteen cents a share giving them a market cap of seven hundred million dollars they're q. Three twenty twenty net loss was eight point five million dollars and they had a q. Three twenty twenty current assets of two hundred thirty two million dollars and then they also didn't offering in february of this year adding another hundred three million dollars to their balance sheet their q. Three twenty twenty current liabilities. Sit an eight million dollars and to give some background of the company they went. Ipo in september of two thousand twenty at seventeen dollars per share so they're not trading it too much of a premium for matt but for anybody looking to take a position in the short term. I do want to remind you that. The lockup occurs on march seventeenth and an additional twelve million shares. That were previously locked up from the ipo are now going to be added to the flow. Which is at twenty three point. Seven million dollars today. so companies. That had this lockup expiration. I caution against taking a long position in only because the dilution. That's going to occur after the lockup is going to put some pressure on the stock price so keep that in mind but the company is looking at commercializing an asset that targets the hypothesis that growth factor pathway also known as the met receptor. And they're doing this to try and treat different. Cns disorders so there specifically using compound called a t h one zero seven and this was previously known as andy x one. Zero one. seven if you're looking in the literature and they're trying to treat alzheimer's and parkinson's disease but this and then they also a small molecule version of this where they're going to be looking at neuropsychiatric disorders like depression. And there's some benefits to using a small molecule version verses the other version using a t h zero one seven. But i'm not going to focus on that. I'm really just kinda talk about the molecule. That's going to be treated for alzheimer's and parkinson's disease and before we do that though i did want focus a little bit on event related potential and a touchdown this on a couple other episodes but i wanted to go a little bit more in depth because the main readout that a fire is focusing on is this p three hundred data point and so what event related potential is a quick primer. It's a q. Eeg measurement but it's a functional version of that so a lot of companies will show a q. e. e. g. measurement of just baseline brain activity. And what this does is it. Just measures brain electrical activity and q. E. e. g. sanford quantitative electro So the baseline measurement is useful. I guess but what's more impactful is actually do a sensory event which is a better surrogate for actual cognitive ability.
No Agenda
"twenty billion" Discussed on No Agenda
"To be easier to use more reliable than paper immunization cards medical results offering or not even printed in a way. It's easy to to to interpret our system in verify health records since the pandemic has devastated the travel industry airports and rome paris and singapore as well as airlines like jetblue and united are experimenting with similar apps they will compete for a slice of the global market for travel health services and certifications which eight okay estimates is worth. Nearly twenty billion dollars travel industry. This type of digital health certificate could be a game changer not just for tourism but live events and schools. So here's how digital health passports work travelers. Who weren't able to take a cove in nineteen tests before departure at this airport in rome can get swabbed at a testing sites set up by the airport. While waiting for the result passengers can download the eight. Okay pass up an input. Their personal information like their birthday and email address within thirty minutes. The result is available if the traveler tests negative. The app creates a unique. Qr code that serves as proof. I believe this clip tells us exactly. What is coming don't i. There's a twenty billion dollar industry which is already being rolled out by making testing available at the airport. This clip had some video of it. And you see poor schmuck travelers with with You know in cubicles with swith sticks being jabbed into their face They will never do a vaccine only passport. The way this is going to go down a to tap into the money is it can be your vaccinated or you have a recent test that shows you are not that you are negative and the whole idea is just like tsa frequent. You know the the the clear pass tsa pre is if you take the vaccine. He won't have this hassle otherwise you're gonna have to get a task every single time you get on an airplane and it's going to be everywhere and it will be domestic in the united states too and this will naturally force people towards getting the vaccine. Well let's hope there's some really talented lawyers out there. That put a stop to she. She breaking news about the johnson and johnson fetal matter-of-fact scene and this morning johnson and johnson saying will soon test. Their single shot does on children even newborns and pregnant women putting putting newborn cells in the newborns Yes this is not a vaccine people. It's a medical device. They're lying to you. It's not a vaccine to medical device. That works didn't at a nuclear. When you call malik molecular level it's disgusting. That was the most depressing opening for quite a while. Well then Let me see if i can make you feel better with the these words from one of our favourite preachers Before we get into let's pray heavenly farts heavenly father. Nothing like what. Say heavily heavily father heart. Let me see if there's anything else we need to do on the i mean. I have clips. I'm sure you've got some vaccines said. I wanna get rid of and this is a local. You did your local thing on austin. I'm gonna do this. This is our local thing this cake. You eat d. Our local station on the reopenings. Because we're gonna be reopening and you're going to hear some reporting especially clip number. Two some very talented reporters take you. Easel i'm sorry. I'm sorry local women that work but let's here's the open is important that their local women is just imported their local local talents. That is talent. kick you at ease. Leslie mcclurg she spoke with afternoon host. Tara siler and leslie. These counties can now join san mateo marin which moved from the purple to the red tier last week reminders. Us of what changes we can expect under the red tier. It's lots of fun stuff. It'll make things like shopping a lot easier because more people will be allowed inside a time with limited capacity based on the county some fun activities can now be available like the ferris wheel for example inside golden gate park. Here's a pretty formal list. From james r williams. He's the county council in santa clara. County retail museums zoos and aquariums movie theaters gyms and fitness centers and significantly indoor dining grew and finish up. That's that's clip one okay. Well then we'll go to clip to where we do also have london. Breed comes in here. She talks about people wearing masks. The mask mask mask and then we have a kind of in debt. You know we have the these reporters who get paid real money and have a limited vocabulary but it seems and mayor. London breed emphasized that. This is really good news. Really good news. Things are opening up but we have to be careful to prevent these lockdowns from happening again in the future. So that means that for example. When you're at a restaurant waiting for your table keep your mask on when your weight or walks up to tackle. Put your mask on when you go to the restroom Your mask on. Oh so leslie yes we have been here before in the red tier. What's to say that reopening won't put us right back into another search. It's a really big really big really big question. Mark i mean. I remember last fall when we went into the yellow tier and san francisco and we were all thrilled that we were finally kind of out of the dark days and it seemed like before i knew it i was back reporting on the fact that surges were really spiking. Really spiking really spiking and so it really depends really depends really depend and officials are really urging really urging folks to take this really seriously really seriously because if viral transmission goes up and we see a spike in cases rise and hospitalizations rise these openings and closings are based on data. We will shut back down so it all depends on how seriously and how careful we are as the public so that we won't go back to the purple tier and remove hopefully into the orange tier instead in a few weeks johnson. Do you find the time the purple tier to the orange tier No no purple red to orange. You gotta get these guy got it. All here is correct. That was yes. You have some great talent up there over there. Were there on the left and with that. I feel it is time for me to thank you for your courage and say in the morning to you. The man who put the sea in the pcr lowered in ontario to thirty five. John oh there. It is old american beer. I had no idea there were so many paths.
Vote-Voiced Podcast
"twenty billion" Discussed on Vote-Voiced Podcast
"And not provide emergency paid leave. So people can stay home when needed to help contain the spread of the virus. All together this would put over $400 billion toward these crucial measures for addressing covid-19. And I continued reading the plan. And once again, I say you can go to the White House web page and it should be wiped out but Google it and I know that you will find the president's plan on the internet. Are on his website the White House website. I'm reading this because Miss information is out there and my goal this year is to make sure that I give everyone every voter as much factual information as possible so that we're not deceived would we do not have this misinformation and we can understand for ourselves. What is being said and what is being done. Now, the President Reagan's rescue proposal will mount a national vaccination program current vaccination efforts are not sufficient wage quickly and Ecuador Bailey vaccinate the vast majority of the US population we mustn't off. Or that those on the ground have what they need to get vaccinations into people's arms. The president's proposal will invest twenty billion and a national vaccination program in partnership with States localities tribes and territories this month include launching Community vaccination centers around the country and deploy mobile vaccination units to hard-to-reach long as the bitin administration will take action to insure all people in the United States regardless of their immigration status. I can increase can access the vaccination free of charge and without cost-sharing to help States ensure that all dead Katie enrollees will be vaccinated President Biden will also work with Congress to expand the federal Medicaid existence. I'm sorry. Federal Medicaid assistance percentage does to fmap to 100% for the administration of vaccines? Also, the plan says that they're going to scale up testing to stop the spread of covet safely reopen schools and protect at-risk populations off while we are working to vaccinate the population. We need to focus on what we know works. Testing.
Feliz Dia Novo
"twenty billion" Discussed on Feliz Dia Novo
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Run With It
"twenty billion" Discussed on Run With It
"Example of shop shot model versus some other companies like taylor and so forth before where were shot actually the platform for ecommerce but then some of them have tried to kind of be the platform but then they moved to becoming marketplaces. So it's kind of like you know the square. You're thinking horizontal lucien and and kind of moving down the value chain of owning the product as well so i think my point being. I think it's a very immature market right. Now with micro mobility. And by the way i think there's you know investors are still gun ho because they see this you know ten billion twenty billion thirty billion dollar market which is going to happen. I mean it's happening. You're right. I voice just killing it. They're winning city by city by city and six months from now or in a be beyond cova. Hopefully if we're lucky everything goes in the right direction. I think is just the beginning so either. An interesting idea would be if voi- or any of the other brands such become the actual aggregated to other services smaller services that could connect to their platform. That's one way of doing it or if a different type of company comes just like lime date with uber right. I don't know. I assume that started in the. Us where you could actually book aligned through your ober service. We have that in stockholm at least so they're kind of connecting to each other anyway the big players so there is some type of flexibility In terms of how you access customers and kind of how you aggregate okay. That's two companies aggregating but that's one step towards becoming moving closer to aggregation. So i think a. It's a super complex business so there's openings in the value chain for things. That boy shouldn't be doing that. They can't be best at maybe. That is you know getting all the customers in. Maybe the best Running the platform b. There's already aggregation happening in kind of very immature levels in between big companies and and maybe maybe smoke and see..