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Developed countries to also revealed that management of Plastic Waste and stop shipping out to developing countries. Why malaysia is shouting out the alarm to the industrial world. Im Chris Culliver welcome to the program. Crypto currencies have seen a remarkable comeback this year after investors ditched them in droves in 28. 00 now the value of one bitcoin surged nearly 70 percent this month alone to almost 9000. 00 now some analysts are predicting it will climb as high as 10000. 00 bitcoin was the 1st and is the largest cryptocurrency and has become the standard for Digital Currencies built on a centralized peer to peer network its inspired a host of other crypto currencies such as like calling. Z. Cash and desh and big players are looking to create new Digital Currencies facebook is looking at a product called a global calling while u. S. Banking giant j. P. Morgan has come up with its own crypto currency the j b m. For more on all things crypto lets bring in phil of zen now hes the head of the Block Chain Center at the Frankfurt School of finance and management good to have you on the program philip whats behind this latest surge in cryptocurrency prices. Yeah thanks for having me but from my perspective it shows that the technology is really pretty and there has been some ups and down you know as always in Capital Markets and now the technology of basically shows its real value and its also there needs to in by person looking at the new up rise with regards to especially because in part also are critical currencies what is the real value of a crypto currency to talking about. The out so you need to imagine it as a base layoff of trust such that all kinds of organizations and individuals can actions upon it it can potentially be some kind of thorolf well you want volatility fades away and therefore i personally think that not just the technology is pretty and but there would also be some quite huge importance in the future do you think there could be a currency is have gained more public trust by now. Well you know the awareness by the media is really. No lots of Media Outlets have reported about it so just increases the huge awareness but the technology also has failed to deliver so far you know adoption is extremely low if you talk about Market Penetration you could estimate it when youre not really below one percent you know its close to a funeral but now also when its getting picked up are also Institutional Investors are more and more interested to potentially invest in cuckoo currencies and also infrastructure is Getting Better for example regulation custody providers and so on. Infrastructure is being built and now potentially this infrastructure can be used by investors now j. P. Morgan the banking giant in the United States is the 1st major bank to come in with their own crypto currency facebook is planning something simular how far along are we on the path from a speculative investment to a a technology that might benefit many many people. Yeah thats a very good question that you know you always need to differentiate between the public doctrine systems thats it quite anything and potentially private auction system run by a bank for example or potentially event by facebook we also need to see that all these companies now are coming to the market with press releases also including taking morgan and facebook its just announcement its lots of experiments its. They are and so on on the other hand tight not much has happened so far so it takes a little while until we see real product from center of the Frankfurt School block change Center Thanks for talking to us. Thanks they had of carmaker renault is in tokyo today to talk to longtime ally nissan the challenge is selling the idea of a tie up of red no where the rival company is also good for the japanese carmaker nissan that is and thats not easy as nissan is seen to have been completely blindsided by the merger plants and as of things arent Tricky Enough the french government wants a guarantee that there will be no job cuts at renault in case of a merger. Here is stalking the Assembly Lines at the at chrysler and the north or the workers turn out cars and the bosses are negotiating a possible merger the idea is to create a new water giant but its not just french workers the french state also wants jobs to be protected them. And sold renault chairman john dominiques and now a very clearly that it was the 1st of the guarantees i wanted from him in the opening of these negotiations with fia going to sort of guarantee for french industrial jobs and sites and another guarantee required by the minister any deal must strengthen the alliance between goodnow and japans nikkei. I want this deal within the framework of the nowness on alliance which goes back 20 years we want to strengthen it its resulted in important technological investments dont the government owns 15 percent of the mill which explains why its so vocal about the mega deal power is once the new group to be a Global Leader in developing batteries for electric cars chrysler include no hope to achieve cost savings of 5000000000. 00 euros annually with the merger the theory being that if they are successful theyll have much more to invest in electro mobility. For more on this lets cross over to frankfurt and our financial correspondent only bardsley nissan a long time Business Partner already know seems to have been surprised at best by these merger plans between it and. What do investors think will be the outcome of the talks in tokyo today. Well you know there is optimism and pessimism pessimism because as you say and indeed seems to have been blindsided there are reports that they learned of this venture only a day before it was announced publicly and they were having difficulties with renault agreeing on the future path after having carlos ghosn seen leaving the company over a lot of scandalous headlines but an analyst i just talked to says optimism because basically no and the other 2 dont have a choice but to include nesson in the deal each needs it and that way you get europe youve got north america youve got asia and you get all the savings that the people are looking for whether indeed french jobs or italian jobs or japanese jobs can be left unscathed by this as the french minister hopes and has a tally and hopes that is questionable because if you want to save that kind of money job cuts will be inevitable somewhere down the road he was in frankfurt thank you. Chinas got to come join hallway is asking a us court to overturn a. Its lation blocking american federal agencies from buying its products amid an escalating take dispute 12 ways calling us President Trump steps to ban the company from the u. S. Market unconstitutional saying the government failed to provide evidence that huawei is as National Security threat washington has repeatedly accused 12 way of using this technology for spying or to pass on data to the government in beijing. Well when it comes to climate protection big vehicles out on the streets like trucks are a bit of a dilemma because its much harder to power something that big in an environmentally friendly way but that might not be the case for much longer sweden as an idea. The main problem with electric drive trucks is that their brain just just far to reset just might have an answer theyve developed the worlds 1st test road for braille based electric trucks alegria your dad. The truck gets electricity from this rail. The electricity would come from renewable sources its a Cost Effective and simple system. The truck can also disconnect from the rail and run on battery and a normal electric truck the battery would usually quite tons for long distances with the swedish system its small and lightweight but while scandinavia makes these huge leaps and electric my political diesel still has a stronghold in germany. Of all trucks registered in germany and 2017 over 99 percent with diesel not even one percent were electric. Back is also paving the way electric trucks and now used to collect the citys trash sweden wants to reduce its c o 2 emissions by 20 percent by 2035. We want to be one of the 1st fossil fuel free industrialized countries in the world thats why were really focusing on the transport sector its important to show that it can work we can tell the rest of the world look all of this is possible to visit us now about a moment of your its one thing for sweden to convert its my 2 ways between stop crime gothenburg and mounir but to roll the system out across europe there would need to be a common standard for electric trucks. It would be fantastic to have a standardized system across europe but the e. U. Would have a big part to play with it. Well personals hasnt made any concrete targets for electrum a pellet sweeten wants to bomb combustion engines in new vehicles by 2030. Many african countries have generated income by recycling plastics and electronic waste from industrialised countries asia has also jumped on the bandwagon but the load has become overwhelming now malaysia is refusing to become a dumping ground for its emissions a deluge of plastic. More than 300000000. 00 tons of it is produced globally each year lots of it ends up here at port klang malaysias busiest shipping port. Since china halted imports of Plastic Waste in 2017 Southeast Asian countries like malaysia vietnam and thailand have taken over a big chunk of the Global Plastics recycling trade but the flow of plastic west from wealthy nations around the world is proving too much to handle last october malaysia banned the import of nonrecyclable plastic rubbish now it says it will start sending all plastic west imports back to where they came from. We are here to urge the developed countries to also revealed that management of Plastic Waste and stop shipping garbage out to the developing countries if the sheep to malaysia we will return it back we doubtless at least this inspection of port klang uncovered more than 450. 00 tons of illegally imported Plastic Waste. Packed tightly into 10 containers that came from as far afield as astray or bangladesh canada china japan saudi arabia and the us. Wherever this waste eventually ends up the chances are it will simply be added to the worlds plastic trash heap just 9 percent of the plastic produced between 1950 and 2015 that 65 years has been properly recycled. Thanks for watching. Rockin. The bottom a. Sinful ribs. By the church. I know the evil feeling that you feel when you think. Something. Stopped no one is more popular than jesus cause. Rock and religion clash that screams for many calls too late. For them to really soldier reconcilable the devil. June 17th w. Can artists spear replaced by Artificial Intelligence are machines capable of creativity on this edition of arts and culture well be asking can i am i make good art or art at all will have experts a d. W. I. Global media forum weighing in. Also on the show the uncensored and very human photos of Boris Mikhail the 80 year old artist who documents life on the streets. First though its goodbye rembrandt hello robots well not exactly but more and more artists are getting Artificial Intelligence to do their work for them or at least testing what ai ai is capable of so when will the machines just take over and when they can eventually produce music or movies all by themselves will it really be art heres a quick look at some of ais artistic accomplishments so far. Contacts myself a blub read about recently seen as if it is the economic rent controlled by Intelligence Software not an isolated case robots an ai i have long figured on the yacht seeing lots of fish oil and artistic intelligence seem to work well to get it something something. The french connective l. B. S. Uses ai to creates its paintings

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