Every journey begins with the first step and every language with the first word published in the. Rico is in germany to learn german why not learn it from a simple online on your mobile phone and free stuff from d w z e learning course you can speak german made easy. To get the. Three strikes and your out not to touch a buck had triggered valuable losses and germanys largest lender awards its executives with even bold lavish bonuses. The big going bubble bursts according to some economists they say no reason for concern unless you were foolish enough to gamble on the cryptocurrency and while the Tobacco Industry goes up in smoke consumers are now burning through cash on cigarettes are they just as addictive. Lets do business so its a bank has just enjoyed its third annual loss in a row close to a billion euros the lender insists its making Good Progress in cutting costs but it will take time to improve profits by streamlining operations ditching business in less profitable countries and installing a low cost culture i guess that doesnt include top management. Has a major p. R. Problem in just the past days u. S. Authorities find the german bank a combined eighty Million Euros for market manipulation its already paid up billions for a series of scandals involving its Mortgage Business and the pressure is rising on chief executive john cryan he took over in twenty fifteen to turn the banks fortunes around but three years in cry and only posted losses he says he needs more time and theyve been reports the frankfurt based lender is planning to hike stuff bonuses to a grand total of more than a billion euros the German Government says the bank should consider the impact on its image is what crying had to say about todays worse than expected results. This is yes it is the third loss in a row. For however it is also our first pretax profit since twenty fourteen shots. Well you see with the one of hit we took as a result of the u. S. Tax reform wed know be reporting a net profit of almost one billion euros. But the theoretical billion could be headed straight for Company BossesBank Accounts and executive bonus hike for all the good work in the midst of scandal fides of mention all those losses lets go over to daniel cope station a dodge a Bank Headquarters for us following the annual press conference and getting reaction to those u. S. Tax reforms really the only one thing the bank can find to blame. They had there been from the Frankfurt Stock Exchange that by the way is today very much under pressure because of those very negative numbers off dacha bank shares are now under the magical line of thirteen thousand points yes the u. S. Tax reform thats what georgia bank is saying has been really hurting mostly their Fourth Quarter without the u. S. Tax reform they were saying that they would have made at least nine hundred million a year or so but john cryan was also very frank frankly and he was saying that even this would not have been enough there are other factors for example the very low Interest Rates then also a problem in the end vesting banking sectors then still lots of pending lawsuits although all of those didnt have a bank at all so a lot of challenges but why why is it taking cry and so long to perform the bank. Well he was really facing those tough questions also during the press conference remember that dodger back in the past has been called also the most dangerous bank in the world with hundreds of different divisions worldwide and he is trying to make the bank smaller to be more a sufficient but it seems that all of this is really taking a lot of time they called for is ousting i mean bolin has been quite vocal about those bonuses. While i was listening very closely to his words and you can really feel that he is under pressure on the one hand because of employees inside of the bank also because of shareholders just during one year shares of georgia were losing more than ten percent in five years actually more than fifty percent and yes they are worth and people are saying if he if he is still the right one for the job on the other hand many people very onset is very unsatisfied because of those bonuses that will be paid to Investment Bankers that are already the ones in the bank making lots of money if you dont you call on a bank thats meant to be the pillar of the German Economy thank you very much for your analysis. Bitcoin just fell below eight thousand dollars as a miserable week for crypto currencies comes to an end best as it confronted with a melting list of concerns about the future of digital money setbacks include regulatory threats from authorities around the world including south korea india china and the us and last but not least a record five hundred Million Dollars heist the Japanese Exchange coin check a week ago he is the price but if you lation of facebooks ban on cryptocurrency ads its reaching a record high of around twenty thousand dollars on december eighteenth because it has lost around sixty percent. Lets bring in linda holmes shes tracking that crazy because in china for us from singapore little why such a panic over Something Like regulation i mean wouldnt that be a good thing at least for as reputation for because reputation considering the trade in these Virtual Currencies is also used for Terra Funding and smuggling operations. Well then you know ambit quite the recent bull run must have attracted a lot of speculators who can quote the capital of that theyve put into buying a big toy rather than the bitcoin utopia and theres a lot of uncertainty over regulation as well with actually seen south korea looking to bed india has also come into the play so theres no clarity to what will happen to this crypto currency that is a party that isnt supported by anything thats tentacle that is of value then ok well apart from the regulation a bad is as you point out there an all out battle because wouldnt that just drive it underground well it is still going underground you know the new types of currencies that is coming out big coin is now losing its lost against the currency such as narrow this crypto currency is designed to a void trekking and its getting more expensive as law enforcers adopt software to monitor people using bitcoin so its just new ways of counting countering this criminal acts that you know avoid tracking with bitcoin so how do asian trade see the big point of developing twenty eighteen the chief economist at u. B. S. Wealth Management Management was just quoted as saying the bubble has probably burst. Well we kind of seen it breaking the key support point so it doesnt actually quite justified that sense but also thing about it you know weve seen equities market going down quite a bit of all ovah asian markets havent been enjoying the bull run that it has been in the past month since twenty eighteen so and possibly also if you look at the volumes it might not be as high as the four and Chinese New Year is coming up so maybe some people are just sitting on the sidelines to see whats going to happen with bitcoin regulation before actually going in when the bull starts bed linda hong in singapore now if one of your new years resolutions was giving up smoking and it didnt work is cigarettes could be a compromise or they just as dangerous talking on an Electronic Cigarette looks like smoking but theres really no smoke at all what comes out of the cigarettes is vapor which is why its called a ping. Two hours north of berlin at the ricardo company annoyed brandenburg they revel invading culture ricardo was one of germanys biggest manufacturers and retailers of the cigarettes demand for of a thing continues to grow fast as the workload at ricardo. Thirty and. Demand is developing fast of so its difficult for us to stay on top of orders we place a lot of bands because we always need more people to keep up with the demand its estimated that by twenty twenty two the number of people who have a point will be at the same level as regular smokers. So we expect it will be like this for a while and i want to give it up and also of any young women with. The cigarettes or a kind of modern hook up. Aromatic liquids are placed in a chamber within the device and heated with a Battery Powered coil until they turn into inhalable vapor. The vapor liquids containing grievance including glycerol and nicotine but in lower doses that in cigarettes. The packaging for the liquids is highly colorful perhaps to send the message that theyre not as bad for your health. Thats because manufacturers are anxious to offer an alternative to cigarettes but scientists urge caution. Compared to normal cigarettes theyre likely significantly less harmful but that doesnt mean theyre harmless the vapor contains certain noxious substances that youre inhaling and when you breathe them in hundreds of times a day for years you cant be certain what the long term effects will be. The number of smokers in germany has declined significantly they are half the number there were fifteen years ago. As big tobaccos old Business Model loses steam the billion dollar industry has had to rethink its strategy its begun to offer its own alternative products for instance Philip Morris has launched a Massive Campaign for an Electronic Cigarette called. Cigarettes really the future of. The market potential is huge but i believe that traditional Tobacco Products will remain the favorite for smokers in germany for many years to come. Its clearly a generational thing. The transition will take time to succeed. They see things a bit differently with some two Million People in germany already and theyre betting that their products will continue to lure regular smokers into a smoke free habit. Business with. Hair. Superman. Superfood stylish style icon to let those. Lifestyle euro. Look. Its an underground more against crime. More and more young men are being gunned down in the slums of nairobi by the police. There were more than three thousand such killings last year alone one of the victims was nineteen year old brian friends and neighbors tell us what happened why it was brian killed extrajudicial killings and nairobi reporter on the job. Is really. The scars on. The pain are still tangible. The suffering her go. Through cities edged by her. They have survived but do they also have a future. I really understand people who say they dont want to stay here. But i also admire people who want to stay here and who decided to create something new coming in peace time and what needs to happen if tolerance and reconciliation are to stand a chance of darkness cities after war starting march tenth on t w. I want to welcome to another edition of your own max im your host meghan lee as always we have got a packed show in store for you heres a look at whats coming up. Alive and kicking scottish band simple minds are back with a new album. Sacred spaces of theres fresh hunger for who combines the major