Trust in us. My name is Jenny Harrison i work. At the. Lab to be a cries foul the government says corruption allegations against its Central Bank Governor are a Smear Campaign and an effort to meddle in elections. For the very first time an oil major predicts of peak in the demand for crude will let you know when why and whats next and venezuela claims of cryptocurrency success with the worlds first state backed virtual coins but critics say it wont the complicated means of exchange. Ive been fizzling lets do business the Latvian DefenseMinistry Says corruption allegations leveled at the countrys Central Bank Governor a part of a decision from ation campaign from abroad the Ministry Says claims. So bribes in return for keeping a bank in business were intended to erode trust in the eurozone states and influence elections in october if a has rocked a small bolt of nation which blames close neighbor and former political muster russia. Bill mahers. It says hes a victim of a Smear Campaign hes accusing private latvian banks of trying to get revenge for tougher financial regulations by accusing him of demanding bribes of one hundred thousand euros a month. I have become a target have an obvious and well coordinated campaign of some latvian commercial banks to discredit the latvian state. But one day after him ship which was suspended from office the Defense Ministry said the accusations appeared to be a foreign Disinformation Campaign in a statement it said there is a high possibility that this is a white Information Operation from outside and its aim is to show latvia as an untrustworthy ally. To ministry didnt say which country was behind that campaign but theres little doubt it meant russia the Russian Foreign ministry in moscow refused comment but the bribery accusations come from a russian businessman and with elections due later this year fears of us elections. His editor of the german language newspaper. Lets start off with this socalled this Information Campaign how likely is that and what evidence is there. Well first off we have to make sure that everybody understands was speculating here because nobody knows the and so you get if it is a misInformation Campaign from brussels some other country or whomever but i would say its quite likely because the u. S. Has gone and im sorry russia has all been demonstrated in the past that theyre willing and ready to interfere in elections in the democratic process in other countries such as the us elections theyve tried to do the same in the french and german elections so its quite possible especially in a country like lot which has been dependent on russia for so long and which has been a thorn in russia side you know joining the European Union nato and also the Euro Currency so its. There are other factors that could play a role here money lost Money Laundering charges by the u. S. Administration against the Third Largest bank and stuff like that but its quite likely that its russia involved too but were not talking about meddling in the affairs of the worlds Top Economists the u. S. Were talking about a tiny nation what what would most go hope to change well i would say they tried to meddle militarily and politically and countries like ukraine and georgia who are not safe in terms of being nato members and e. U. Members in latvia estonia lithuania of those small baltic countries that were once part of the soviet union they cant do that so they have to be more subtle they have to find other ways to do it im as i said before im speculating here but if russia wanted to meddle they would have to do it in the most subtle way such as this putting a wedge between lots of other European UnionEuro Currency countries for example what is the response from the kremlin. Well there hasnt been a response yet as far as i know there wont be i think all there will be just all we do have nothing to do with it because if they did it and we have to stress this point we dont know yet but if they did it they dont have to do anything more those days so the seeds of distrust between lotfi and the European Union and its going to be a success for them but. Its not clear yet the other interesting thing here is that latvia as a you as a member so wouldnt this be not only an attack on latvia but also an attack on the e. C. B. Well you know thats absolutely true. If they did it thats what they were trying to do because this man has been chairman of the lothian National Bank for i think seventeen years now hes also a member of the council of the European Central bank and this is this is all pretty much interconnected so thats in direct if not even a direct attack on the European Central bank as well thats why they might be trying to do this in his paper its a miracle cop out thank you very much for your analysis. Now everyone used to worry about the globes oil reserves running out now the industry fees demand will start drying up b. P. Reckons itll begin plateau ing in the late twenty thirteens as Renewables Take over. Automotive companies around the world are betting on the mass adoption of electric vehicles in the next decades and theyre not the only ones oil and gas giant b. P. Is anticipating the same it predicts a one hundred fold growth in electric vehicles by twenty forty and a corresponding hit to the worlds oil and gas sector b. P. Forecasts continuing growth in Global Demand for oil and other liquid fuel in the next years but that demand is set to stop increasing after it hits one hundred ten Million Barrels a day in the late twenty thirty s. Its the first time b. P. Has forecast a peak in the worlds appetite for oil. Its not just about electric cars increased fuel efficiency in vehicles powered by internal combustion engines is set to offset consumption too but beyond the automotive sector other factors are set to cause demand to sag like tighter regulations restricting the use of plastic as well as an expected increase in the share of renewables in the Global Energy mix to fourteen percent by twenty forty. Francs conrad could the worlds third for oil finally be quenched. To a certain extent yes of course we have to keep in mind that in the coming years hundreds of millions of households in emerging economies will be buying their first motor cars so its very likely that during the next ten or fifteen years all consumption will continue to rise but not very much b. P. Says that by the end of the twenty thirtys the daily consumption of oil will be about one hundred ten Million Barrels a day thats only ten millions a barrel ten Million Barrels a day more than today so the increase will not be very strong and the reasons for that were mentioned in the use report we just saw more control for plastic then of course the emergence of more and more electric cars and most of all more efficient engines because i think another piece of information from British Petroleum b. P. Was very interesting theyre not talking about peak oil theyre talking about a plateau that Oil Consumption will reach that means that for a serious amount of time after the plateau has been reached all over the still be consumed because for example airplanes you cannot easily transfer their engines from combustible engines to electric engines just briefly where were talking about demand remaining youre talking about a peaking or plateau ing but also so much more efficiency isnt that something that would get traders excited. Absolutely traders investors are seeing opportunities there but i have to release tell you theres also a lot of uncertainty think about the solar panels that everyone wanted to invest in invest in recent years some of those companies were pretty successful some of them were not so there is a certain amount of risk always a revolution for us in frankfurt thank you. Well venezuela is awash in oil but drowning in debt its also the first nation in the world to launch a state backed Digital Currency petro its designed to hold the country out of its economic crisis the president s already trumpeting its success not everyones convinced. Venezuelas president Nicolas Maduro has been promoting the countrys new Digital Currency even going as far as putting it against an american superhero. Today marks the birth of a crypto currency that can take on superman the petrol not even superman could threaten it. Maduro says that venezuela raise seven hundred thirty five Million Dollars on petrels first day of presale but his critics say maduro didnt present any evidence many are skeptical going as far as comparing the petrol to the countrys beleaguered currency. It all depends on the trust in the issuer we can see the example set by the ball of our in theory its backed by the whole venezuelan economy but no one has faith in the ball because nobody believes what the government says. Then as well is in desperate need of a solution hyperinflation and soaring debt levels of cold poverty levels to skyrocket the governments latest move could potentially help it circumvents us and e. U. Sanctions and raise much needed Foreign Exchange for the country for u. S. Citizens and Companies Buying the petrol would mean violating sanctions so the currency may already face an uphill battle in other countries. I still business with. You and. The im. Coming to and. The im trying to a. To a. Thank. You and. Nothing but the mind of pledging to separate him from the air base. Is a professional slack line. His ambition takes into deceit. And from one world record to the next. Breathtaking feats. Taking a look at. The role of. The top stories followed across social media a shared commons and content welcome to. The a swan. Scholars from some odd. Still tangible. The surface for god. For cities edge but. They have survived 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. New beginning in peace time for the people making it possible what needs to happen if tolerance and reconciliation are to stand a chance to exist for the first once a really difficult complicated the forgiveness for reconciliation forgetting they get stuck in your struggle to get. Out of darkness cities after war. Starting march tenth on t w. How ever on the World Council your max great to have you on board i hope you have a head for heights because this is one of our topics today. Upaya profession