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A. Gold. Digger will be. One of the weaker ones here. Was not according to the. Chinese investors. Gillie company has become the largest shareholder in germany stonor a Company Stock market filing say he bought a nine point seven percent share in the maker of luxury order. Is the chairman of gillet board a mobile holdings a lot International Automotive Company Based in china the billionaire already has holdings in europe gilly acquired swedens volvo car maker eight years ago. And time for the latest from across the pond so lets turn to saw fisherman ski our correspondent on wall street have a selfie in new york nice to see you now first off the Monetary Policy report has merely Still Congress today tell us more what we should be looking at in that report. Oh for investors the main question at the moment is certainly if they have assessment of the American Economy and how they are going to further proceed with Monetary Policy and their main instrument the federal funds rate in this reports policymakers see an economy that maybe even past full employment Financial Market prices that are high and overall growth they continue to gather steam so all in all the fed sees rate hikes as appropriate as quote Economic Activity will expand at a moderate pace and labor Market Conditions remain strong and the report old so noted that valuations in the stock market are high even with the major indices falling. So if you just briefly please if you could of youre hearing bank of america is very much worried about the strap a script to currencies to its business why is that. Ok so heres what the banks Regulatory Filings said cryptocurrency a competitive threat to bank of America Business and it doesnt come as a surprise at all that the bank fears something that it may think we set up to revolutionize the Banking System because the underlying idea of basically any crypto currency is to avoid the gatekeepers so big banks basically democratize the system of currency so thank you so much for your reporting from wall street. Of course cryptocurrency. More than just making a quick buck digital money has the potential to revolutionize the world of finance while Machine Learning makes huge strides the much a young man whos developed the technology to all the machine to machine payments. Easiest to catch at the airport Dominic Shino twenty two year old programmer with big plans. The entrepreneur is flying all over the world to promote his Digital Currency hes put the code for us out in the Public Domain called aims to revolutionize transactions especially those that in the future could be carried out between machines. Our mission isnt also mation its to make things independent and the way we make machines independent is to give each of them a digital wallace and what we do then is get the machines to pay each other one good example is a car paying its own parking fee in the future thatll all be sorted out by the car and its partly or its charging station or the pro told sensor at the market. Groceries offer another opportunity for automation like a fridge that makes purchases automatically and pays digitally crypto currencies could be the money of the future best known as bitcoin which is based on Block Chain Technology she now believes its already outdated. If i want to carry a transaction and i have to pay fees of between ten to twenty dollars and im not so obviously more expensive than a bank if you look at the machine economy where one machine is paying another were not talking about larger transactions like ten dollars so were looking at transferring micro payments a few cents at a time so you can only do that with the. Currency is based on whats called a confirmation of a payment functions much faster and more cheaply than with block chains from competitors like bitcoin small sums are easily dealt with. Its just to secure. The good thing about your size that weve got a lot of researchers on board almost ten mathematicians theyre laying at the theory behind the tangle of their validation it with solid proof which is what were working on. Until now people are still shopping for groceries rather than leaving it up to the fridge but cryptic currencies are bringing the days of machine to machine transactions one step closer all right you know what that means the cut all the Paris International agricultural show this week in paris. Are anything but happy they are concerned about unemployment if a free trade deal comes into force in the south american. This callous dealt full expression says it all theres an undercurrent of anxiety at this years Paris International agricultural show farmers here dreading the arrival of more tariffs from brazil argentina uruguay and power as soon as the free trade deal comes into force brazil is already the worlds biggest meat exporter. The Farmers Trade Union says the trade around twenty five thousand Livestock Farms in france on shaky ground blow to a country which prides itself on its food and where it comes from. I would say that in friends we have an. Opportunity to have a diversity of diversity a product its also a country of yes agronomy we have farmers who are passionate about their work attached to the soil and i think theres certain expertise in our region and. The french president and manuel monthlong has staked out a middle ground ahead of the major farm show. Farmers to invest more rather than complain about overseas competition while also promising to protect them from foreign land buyers. Air b. N. B. Is on the skull for a new Growth Opportunities many cities have restrictive the Service Hotels have been complaining and some air b. N. B. Customers called plane places dont live up to expectations. The rentals platform could be on the doorstep of its public listing and is looking to raise its game by introducing a new plus program the Company Hopes to appeal to travelers who are skeptical of booking on scene properties over an automated website personally inspecting accommodation to ensure only the highest Quality Homes get the seal of approval to bump top price to boot the luxury market is hotly contested but the timing is right at the end be announcing growing bookings at its first operating profit last year giving it the firepower to extend its reach ahead of its initial Public Offering which could be as soon as next year so what are they waiting for the process of being public can be very ominous if you have no principles because the Public Markets got a whole bunch of principles so were not in any rush we havent committed to a timeline or any you know if and when we go public we just know that we want to institutionalize our intentions as quickly as possible and be ready so if the times right were. Well established hotel sites like booking dot com or expedia are moving into the private rental territory just as and b. And b. Receives greater scrutiny from local regulators worldwide theyre accused of pushing up local property prices whether the new plus program will be a plus for b. And b. In. The face of mounting opposition remains to be seen. As part of an agreement with the island nations creditors for the first time the shell system has ignited the sea surrounding its islands as protected waters and is receiving debt relief in return. For many this Indian Ocean Island is what paradise looks like the remote atoll is home to the Worlds Largest population of giant tortoises and is the spawning grind for a number of rare species. The seychelles government has now signed a bill restricting nearly all human activity in the water is a grand isle da prop its the result of a unique deal with its predecessors debt relief in exchange for protecting biodiversity the ambitious plan places thirty percent of the countrys territorial waters under protection putting it way ahead of the Global Marine protected area target of ten percent by twenty twenty took four years to put this together but what happened was is over that time period the seychelles was a poster child of what you do to come out of a debt crisis they were running positive budget surpluses they successfully footed the currency they reduced reduce their debt to g. D. P. Ratio in the late two thousand as the seychelles was one of the worlds most indebted countries according to the World Bank Sovereign debt peaked at nearly one billion us dollars today the finance Ministry Says it stands at less than half of. Many fishermen except that the long term effects of the Marine Special plan will benefit the economy on their industry yet some fear the Short Term Impact will be crippling to their livelihoods. All right from the session back to berlin thank you so much for watching. The scars on. The pain still tangible. Suffering for god. For c. B. S. And. They have survived but do they also have a future. I really understand people who say they do want to stay here. But i also admire people who want to stay here and who decided to create something. In peace time what needs to happen if tolerance and reconciliation or to stand a chance to darkness cities after war starting march tenth on t w

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