Purchasing power but dont tell iran. This is the way of business im on in berlin welcome facebooks new crypto currency libra is under scrutiny from e. U. Antitrust regulators according to the Financial Times the newspaper says the European Commission has sought specific information from those of working on the Digital Currency by a questionnaires on tuesday bloomberg reported about the commission had specific concerns over quote potential anticompetitive behavior related to the libor association so far facebook and the commission have both declined to comment. Our financial correspondent joins us now from new york and so what sort of answers is facebook actually supposed to provide here. Well i mean one of the main questions really is in this case at least the possibility of competitive behavior and if you look at facebook they have more users than the combined population of china and the u. S. So there is this claim there and then also facebook will probably face questions if there are any plans to somehow connect libra to some of facebooks Services Like for example or also the Messenger Services but this is really only one of many regulatory issues that facebook is facing with libra and with its other services in general as well now staying on tech giants french president emanuel not crawl urge the u. S. To get big tech to pay more taxes now is washington washington under any real pressure to do so well i mean if you look at the United States there is old soul that trend and there are some movements here especially when it comes to and to trust the behavior the market power that some of the Big Companies companies have but i do not see any pressure on the u. S. Side to really go on board with the french or government at this point why should washington have any interest to help europe to collect taxes from us corporations and to there on wall street for us thank you very much. Flying is a dirty business literally the Environmental Impact of flights is huge german chancellor Angela Merkel told an inaugural National Aviation conference in the city of leipzig that germany should be a world leader in Climate Friendly aviation. The heavy hitters from the German Government arrived by helicopter that had more to do with speed than the environment but the environment was the order of the day and leipsic Angela Merkel made it clear that Climate Friendly aviation can be a competitive advantage. Then here in noir if we invest in new technologies in focus on modern aircraft with low noise levels and low emission engines the Aviation Industry can accept it and demand in competitiveness can be security. Because one policy the German Government wants to promote is the use of Hydrogen Powered aircraft the Opposition Green Party is calling for higher taxes on jet fuel but the industry sees threats to its competitiveness. Is this of year its important that the german Aviation Industry can compete and therefore we say we need internationally agreed aviation policy not national unilateralist. The german transport minister opposes any new taxes but he is considering raising the existing aviation tax. I agree with the Aviation Industry that we can talk about adjusting the levy which means we could use the extra revenue to invest in new technologies in mauritania look even. The government wants conferences like this one to take place regularly in the future the next one is set for 2021. Our reporter Kate Ferguson was that that aviation conference earlier we asked her what else the industry could do to make flying less environmentally damaging. Demand for air travel is rising all the time its expected to double in the next 2 decades to 8000000000 passengers annually and that means of course that you need a solution that doesnt involve people flying less because demand is growing all the time and there are some options for making this industry less environmentally damaging one of them of course is to boost fuel efficiency 5 building lighter waste machinery another is to invest in alternative bio fuels and of course longer term as well and electric mobility is an option the car industry has already embraced and there is no reason that the Aviation Industry wont follow suit especially according to the people talking here today another option of course is about cargo so while people might not be stopping to im getting on planes there are other options for transporting goods and were already seeing a lot of investment in Drone Technology with Major Companies like amazon already investing in the technology i think were likely to see a lot more drones flying around in the future. On august 21968 russian tanks invaded the former czechoslovakia to crush the emerging resistance against the socialist rulers on wednesday thousands commemorated the anniversary but at the same time participants demonstrated against the current Prime Minister andre bobbish protesters say hes abused his power and that hes trying to prevent investigators from probing business conglomerate agra for misuse of subsidies. One of agra for its Cornerstone Industries is agriculture the conglomerate was founded by current czech Prime MinisterAndre Babbage now an e. U. Report says the Company Might have to repay around 17400000 euros in subsidies it received from the block the investigations are still ongoing bobbish has been accused by critics of exerting influence to get the funds allocated ive referred is also active in the chemicals and big good sectors. Organizes demonstrations against bobbish he says the Prime Minister has clear conflicts of interest he says that he is not the owner of company but the european audit shows i dont he still is the beneficent of this company and he still has influence on the company and thats really the problem he got money from European Union and also from czech state and i think thats not acceptable the demonstrations mean organizes are growing larger and larger the protesters accused the Prime Minister of using his Political Office for personal profit many fear hes obstructing courts in an effort to prevent further investigations. So i think the demonstrations are good im in favor of Civil Society getting active and taking action if there are grievances. Everyone is talking about a conflict of interest id like them to show me where it is. Despite the numerous accusations bubblicious party won 21. 4 percent of the vote in the last european elections i preferred has annual sales of around 6000000000 euros journalist david trauma has investigated the conglomerate and says agra for it is increasingly financing operations with very Short Term Loans from china because european banks are pulling out so the situation of that is a good thing virus. Not profit went down from 300. 40 years ago to 65000000 neutral so last year was old and the debt is growing very quickly mainly bankrolls. Their expressions are from European Commission and opposition to Nongovernment Organization related to conflict of interest of mr bobbitt. At the moment no money at all is flowing from brussels to agra for a time in prague its still quiet on the streets here but soon thousands of people will gather again to demonstrate against the Prime Minister. The motivation might be purely psychological but irans president Hassan Rouhani wants to delete for zeros from the National Currency the reaal and rename it the toll much its part of a plan to curb the rapidly rising cost of living but experts are skeptical. Tomatoes lettuce peppers many iranians can hardly afford even basic fetch to bills the country spiraling inflation means prices are rising faster than incomes the inflation rate is now nearly 40 percent the many zeroes on the banknotes are deceptive the National Currency the reality is hardly worth anything one u. S. Dollar is worth around 116500. 00 reales 4 years ago when the now terminated Nuclear Treaty with the west was signed the dollar was worth 32000. 00 reales most iranians view the president s plan to eliminate 4 zeros from the currency to lower the cost of living as a deceptive move. I guess if i say nothing will change by knocking off zeros from the currency nothing will change by reviving coins in transactions. You switch to the shit nothing will change by lowering the price of dollars. We saw that he even when the dollar price decreased prices did not decline in this point. And that money in. This move can psychologically affect lower class people because they might feel that the value of their money has shrunk yes that is a good place thats the psychological impact in my opinion but it wont adversely affect the economy in fact the Current Situation will remain unchanged you know they say that its that it is. Fiddling with the currency wont solve irans economic woes since the us impose new sanctions on iran the countrys economy has been in the doldrums and irans bloated bureaucracy is not helping private companies to create jobs but jobs are urgently needed unemployment is hovering at around 12 percent and almost a quarter of young people are out of work the u. S. Sanctions have discouraged almost all Foreign Investment further we. Person in this situation especially for ordinary iranians. Thank you for watching. S. O. S. Euro. Crisis. The future champions young champions. Activists more troops. To. Do they stand a chance. And they save the courage. To stand up for your values and contribute to something important that ship. Of europe starts september 2nd on d w. Reliable data to. Distant 4th place except. For the most. Automotive history. Trying. To. Go to the euro max new to channel. A good line of story. With exclusive insights. And a must see concerning part time culture in your own. Place to be for curious minds. Do it yourself networkers. So subscribe and dont miss out. The sound spoiled festival in australia where top class musicians actors and directors from all over the walls come together for 5 weeks so fabulous production. Hello and welcome to news from the world about some culture well have more from the sounds folk festival in just a moment and. How being more german can help you improve your love life i enjoy my life series for me the job. Of. The sound folk festival is one of the most prestigious Music Festivals in the world founded nearly 100 years ago by amongst others the great composer trials it has strived every year to maintain the highest. Of operatic and Theatrical Productions and concert performances my colleague Melissa Holroyd will be telling us morning minutes but 1st a look at some of the operatic highlights this year. What does revenge sounds like in a day out is the ancient greek story of a mother driven to kill her children and herself to get back at her husband. To set is clearly divided into distinct worlds of rich and poor at home and exile