A company admitting many bear an eleven million the worldwide. Reports from the frankfurt stock exchange. Look. Hold me. Hold. Me. One of the weaker one. Was not according to the. Chinese investors. Geely company has become the largest shareholder in germany stunna a Company Stock market filing say he bought a nine point seven percent share in the maker of luxury order now. Is the chairman of giving Automobile Holdings so multinational Automotive Company based in china the billionaire already has holdings in europe gilly acquired swedens boardwalk 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 stick Congress Today tell us more what we should be looking at in that report. Both for investors the main question at the moment is certainly if there might be a forced rates hike in twenty eighteen and the report offered only little clarity and that required in the center of it it was basically the fats assessments 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 report its policy makers see an economy that maybe even past full employment Financial Market prices that are high and overall growth that continues 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 were remain strong quote and the report oh 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 straps a script to currencies to its business why is the ott. Ok so heres what the banks the Regulatory Filings said cryptocurrency. The Banking System because the underlying idea of basically any crypto currency is to avoid the gatekeepers big banks and basically democratize the system of currency. 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 in the two young man whos developed the technology to all the machine to machine payments. Easiest to catch at the airport dominic she no twenty two year old programmer with big plans for. 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 vet transactions especially those that in the future could be carried out between machines. Our mission isnt automation 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 machines to paycheck 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 road tolls sons or at the. Grocery store for another opportunity for automation like a fridge that makes purchases automatically and pays digitally crypto currencies could be the money of the future the best known as bitcoin which is based on Block Chain Technology she now believes its already outdated. But if i want to carry a transaction using bitcoin i have to pay fees of between ten to twenty dollars. Obviously more expensive than a bank and if you look at the machine economy where one machine is paying enough there 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. The e. U. With a 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 a secure. Good thing about your size that weve got a lot of researchers on board almost ten mathematicians theyre laying at the theory behind the tongue and theyre validation that with solid proof which is what were working on. Until now people are still shopping for groceries for the 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 the can all the Paris International agricultural show this week out in paris for us farmers are anything but happy they are concerned about unemployment if a free trade deal comes into force in the south american. This cows 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 terror free meat from brazil argentina uruguay in paraguay as soon as a free trade deal comes into force brazil is already the worlds biggest meat exporter. The Farmers Trade Union says a trade deal puts around twenty five thousand Livestock Farms and friends on shaky ground thats a blow to a country which prides itself on its food and where it comes from. I would say that in france we have an opportunity to have a diversity of diversity in the product and its also a country of. Farmers were 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 farmers so. 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 complain the 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 as above the price to boot the luxury market is hotly contested but the timing is right and b. And b. Announcing growing bookings in 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 pressures of being public can be very ominous if you have no principles because the Public Markets got a whole bunch of principals 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 for the times right were ready to go. Well established hotel sites like booking dot com or expedia are moving into the private rental territory just as a 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 seychelles has designated 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. Is home to the Worlds Largest population of giant. Spawning grounds and for a number of rare species. The seychelles government has now signed a bill restricting nearly all human activity in the waters around. Its the result of a unique deal with its creditors 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 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 that rooster duce 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. Birth. Home to have species. A home worth saving and. Those are big changes and most start with small steps global ideas tell stories of creative people and innovative projects around the world. By deals that protect the climate boost Green Energy Solutions and reforestation. Results of people you cannot predict the forest to create interactive content teaching the next generation about environmental protection. Using all channels available to inspire people to take action and more determined to build something here for the next generation. Global ideas the multimedia environment series on t. W. Hijacking the news. Where i go wrong with the news is being hijacked journalism itself has become a scripted reality show its not just good versus evil us versus them black and white. In countries like russia china Church People are told its that simple and if youre a journalist there and you try to get beyond that you are facing scare tactics intimidation and i wonder is that where were headed as well. My responsibility as a journalist is to get beyond the smoke and mirrors its not just about being fair and balanced or being neutral its about being truthful. Finding is part of golf and i work in
comparemela.com © 2020. All Rights Reserved.