And on demand. Cast lead which course and. Video and or. Any time. W. Zimbabwe waving goodbye to their old bank know their reserves. To release a new zimbabwean dollars coins and notes today in a bid to these a cash crunch we go to. Also coming up ok now fossil stops and oil imports to boost Domestic Production but analysts warn the ban could backfire and plunge the country into a deeper crisis. And i want to get jones welcome to a business out. Starting in sim where where cash shortages us sets to be a thing of the past the countrys central bank was set to officially release new lower Denomination Bank notes and coins to comp of the cash shortfall its part of a drive to shift the country back to its own domestic currency in 2009 zimbabwe dollarization as a way to counter hyperinflation the government says the currency is now stable enough to reintroduce the local currency but critics say confidence in the economy is waning. And for more im joined by a privilege of most of on here re w
W m how you know i guess its good to have you with us new yorks department of Financial Services is opening a probe into gender discrimination by Goldman Sachs the bank behind apples new credit card critics say men get a far higher credit limit then woman the scandal broke after apples cofounder Steve Wozniak said he received 10 times more credit than his wife even though they all share assets and accounts apple has reportedly responded to user concerns saying the credit limit is defined by an algorithm the apple cart was launched in august and partnership with Goldman Sachs as an option for users with limited access to credit. For more on this i am now joined by jose luis de i do our financial correspondent on wall street who will take us through this issue its good to see you so we do know that this looks like a bumpy start to this new apple product how important are Financial Services for apple does this mean big trouble for the company now. Current situation have you said to her th
Does cross on her. With ideas that are her future looks out a card to. Play a. Small part documentary starts now in the 14th d. W. The food. Apples new credit card cant buy gender equality a court in new york is investigating apples partner Goldman Sachs for allegedly giving more credit to male customers. Also on the program sawzall job saved as chinas g. D. P. Group steps in to buy bankrupt British Steel. And how working there fossils plans to boost the economy in Domestic Production are threatening to backfire. Its. For business on the w m how you know i guess its good to have you with us you yorks department of Financial Services is opening a probe into gender discrimination by Goldman Sachs the bank behind apples new credit card critics say men get a far higher credit limit than women the scandal broke after apples cofounder Steve Wozniak said he received 10 times more credit than his wife even though they all share assets and accounts apple has reportedly responded to user concern
This africas Digital Economy developing too slowly the un report suggests that while mobile Broadband Access is growing across the continent most of the money is being made by platforms overseas. Also on the show limiting Climate Change means planting more trees to capture c o 2 increasing the size of the worlds forest is not that easy. This is a business africa im stephen bears in berlin thanks for joining us. The un is calling for a global effort to spread the benefits of the Digital Economy in a new report it says 2 countries have made have more or less cornered Global Digital markets those countries the United States and china each is home to many of the best known names on the web in fact 90 percent of the money made by the worlds 70. 00 biggest digital platforms goes to firms based in one of these 2 countries if we broaden out further look at the combined might of asia in its entirety as well as north america we see there almost total dominance together they account for 95 percen
A major problem in india in recent years more than 300000 farmers have killed themselves in the past 25 years a study found a 5th of those deaths were due to Climate Change and even a marginal increase in rainfall lead to fewer suicides that year. The government has encouraged farmers to insure their crops against failure through a nationwide scheme they say they have distributed more than 60000000. 00 to farmers in this district this year. And the condition of crops there is a Prime Ministers scheme and i will get the insured amount. But many of those who are supposed to gain protection say it doesnt work. Says insurers wont cover his silk farm and morris says he also cant get support it has a rich poor people the middlemen big door so it doesnt benefit the poor farmers. And bar mentalists say whats really needed is for farmers to stop relying on crops like cotton and sugar cane which takes lots of water to grow. If you look at b. Its continuously in drought because of Sugar Factories