A new diesel that are most affected if that doesnt make sense to us that. Pollution is a major problem and high traffic spots one that has consequences the e. U. s to maids that up to four hundred thousand deaths a year in europe could be attributable to diesel emissions. But the Leipzig Court is taking its time with the question of a ban. That decision didnt come on thursday after all its been rescheduled for next tuesday to allow further time for reflection. The small baltic republic of latvia has in the last years developed into an important finance center for the region many customers from russia or bellerose for example now use latvian banks as they believe their money is safer inside the u. But let vs good reputation took a serious hit this week when its top money man Central Bank Governor did muslims have edge was accused of soliciting one hundred thousand euros a month in bribes. On tuesday he was temporarily suspended from Office Although he refused to resign and continues to deny the charges. As your five been targeted by a coordinated campaign of some lacking in commercial banks in order to discredit the latvian state. The bank scandal has morphed into something of a political thriller after latvias defense minister accused russia of pulling the strings on the scandal behind the scenes at the end of the week however that accusation was withdrawn again due to lack of evidence. The European Central bank is now also under pressure as a member of its governing council rimsha bitch has access to sensitive e. C. V. Information and europes most powerful Financial Authority is also being called upon to respond to a second crisis at latvias Largest Private Bank a. B. L. V. Which is facing Money Laundering allegations in response to the allegations the e. C. B. Stopped all payments to a b l b on monday. Latvias finance minister sought to calm the stormy waters. Not i can assure you the latin and finance system is stable banks have no liquidity issues depositors can feel completely safe to protect the finance sector stability and reputation i think lynch of it should resign while the investigation is ongoing. But even if he does trust will be slow to return at least until the scandals are explained and that will take time a. Full coming in and out to. What do you think about todays news on the European Unions anti trust watchdog has fired a shot at business cartels. Today the commission has decided to fine seven companies a total of five hundred sixty four Million Euros for taking part in fort different ag cartels relating to cars. And three other Companies Involved in these cartels well they excrete getting a fine because they came to us to reveal the cartels. In the shipping industry the fines affect the chilean shipping carrier three japanese carriers as well as the scandinavian carrier together they formed a deep sea vehicle transport cartel for almost six years in the Automotive Parts industry germanys bosch and two Japanese Companies ran a cartel supplying spark plugs to european car makers bosch was also involved in running another cartel fixing brake system prices companies can escape fines by handing over inside evidence of cartels a system which in the cases announced wednesday proved to be effective. The German Economy continues to tick along well and it continues to take in more than it spends last year federal state and local governments recorded a surplus of more than thirty six and a half billion euros according to the countrys Statistics Agency thats the highest its been since german reunification. Europes biggest economy also grew by around two point two percent and twenty seventeen and the federal government expects even higher growth this year. South korea has launched a complaint with the w t o against planned u. S. Import duties on certain products made with steel and aluminum the European Union also says it wont take new tariffs lying down the European Commission has already threatened countermeasures on the table are possible duties on American Products like motorcycles whiskey and produce e. U. Representatives have repeatedly emphasized however that the bloc doesnt view the situation as a potential trade war. That greece continues to struggle to clear up a scandal involving pharma giant no vomitus prosecutors have been investigating the Swiss Company for over a year it stands accused of bribing high ranking politicians to smooth the way for expensive sales and fast approvals for its medicines in greece now the countrys parliament is also getting involved the affair has provoked furious reactions in greece where many blame corrupt politicians for the countrys economic woes. Kentucky Fried Chicken customers in the u. K. Were left disappointed after the fast food chain was forced to close most of its nine hundred outlets because it was unable to get fresh chicken delivered the first food chain recently switched its delivery contract to d. H. L. Which clearly had some serious logistics problems neither k. F. C. Nor d. H. L. Went public with the reasons for the shortfall. Its called petro and is meant to help pull venezuela out of its endless crisis. On tuesday the countrys president Nicolas Maduro launched a new digital currency. But it definitely wont today marks the birth of the letter. Cryptocurrency that can take on superman the petro not even superman could threaten it could go from there. To encourage trust in the new crypto currency the petro is to be backed up by crude oil reserves no one has faith anymore in venezuelas currency the body of ah inflation in the country is hovering around four thousand percent. Food and medicine are scarce hunger and misery are now common in venezuela. Move the petro help solve its problems. And what do you want to terrified of it all depends on the trust in the issuer we can see the example set by the voting bloc in theory its backed by the whole venezuelan economy but no one has faith in the body of aa because nobody believes what the government says. That that may be true but maduro at least claims that venezuela raised seven hundred thirty five Million Dollars on the petro his first day of presale where in fact the president is so enthusiastic about it that hes already announced another crypto currency that petro gold is slated for launch next week itll be based not on the countrys oil reserves but its gold. Order. Every morning her into a cut thomas sets off on a job that requires speed and efficiency the two things that indias overstretched roads do not provide her into works as a delivery man near delhi for ecommerce Logistics Firm shadowfax he has to deliberate dozens of packages a day on time to customers in hellish traffic. Another problem is finding addresses in indias many unplanned settlements encodes house numbers and landmarks are often inaccurate and confusing. The mother said about. Her vendor often has to call customers for directions before. He can make that delivery that means he loses precious time further ramping up the pressure here the going to be if it went up in finding addresses isnt easy sometimes there are several houses where the same numbers then we have to call up the customer sometimes several times some customers get angry and say why are you constantly calling me its your job to find the address your delivery man will go but its frustrating when. The challenges are well known shadowfax the startup operates in seventy indian cities delivering everything from groceries and electronics to food or clothes cofounder via about cantor was a big believer in technology to tackle logistics his company crunches traffic and location data and uses Artificial Intelligence and predictive analysis to optimize delivery pounds and times i would say these problems can only be sort of a big in the short term if you say in the long term yes the government needs for big actions according to it but in the short term it is definitely which can make businesses move faster. The focus on technology also means delivery workers like harinder have to be trained in using the companies out the tracks the entire supply process. At another shadowfax Hub Technology is also used to tackle one of the biggest headaches for Logistics Companies processing the huge volumes of goods unhappy customers return. Indias ecommerce market is growing fast its estimated it will reach one hundred billion dollars by twenty twenty the countries push to a Digital Economy is also driving more people to shop online but getting deliberate logistics right remains complicated in a country in which millions of customers are spread out across vast often unconnected areas it would take some time to cover such a wide network with the interest of two. Challenges off you know to ordinary pork thats what it is really quick witted so need significant you know investment in the experience to come to sort of an International Standards ecommerce may be booming but brick and mortar corner shops across the country arent going to disappear anytime soon. And that was the weekend business. People are still in good shape returning telling this year you can win this Amazing Fitness backpack if you learn from no. Eight visit on where. To turn the favorite home. Coughing or maybe the old that has to do so. Good luck. As long as. My managers do not go to day nothing would change you know the banks. And so watch the language of the banking money. Speaking the truth global news that matters w. For minds. Tomorrow today. W. Buckle. Moments that. Its all about the stories in so. Its all about George Chance to discover the world from different perspectives. Join us indians sponsored by distinctive instagram or others at g. W. Stories topics each week on instagram