and the road to europe's digital future are these kids learning to program robots in a stony hour could one day challenge american and chinese dominance in the tech sector . and don't forget in the meantime you can always get t.w. news on the go just download our hour from google play or from the apple store it will give you access to all the latest news from around the world as well as push notifications for any breaking news you can also use the app to send us photos and videos and of course you can watch this program on live stream. you're up to date i'm sorry kelly in berlin after a short break it is business with but physically as the enemy. what does a football loving country need to reach its goals. we'll tell you how to german soccer made it back to the top. you know web space w dot com.

football made in germany. learn german with d w any time any place. whether with jo jo and her friends. expected in the us or with friends all over the world online and interactive. german to go and. learn german for free with d w. investors in the world's top comic a slam on the brakes v.w. buses reveal the diesel gate scandal will cost a lot more than they thought. the first e.u. summit dedicated to digitise ation ministers meet in estonia which is leading the

way from a very early age and putting the digital drive into reverse china's crackdown on cryptocurrency. i'm invisible and let's do business the diesel bill for fox just hit thirty billion dollars the share price was sent skidding on friday after the german firm announced a profit warning in the third quarter v.w. says its bottom line has suffered from ongoing buyback and refit activities in the u.s. in the wake of the emissions scandal the comic is says the recall is proving to be significantly longer and technically more demanding than expected and would likely end up costing another three billion dollars. because rebels in is at the frankfurt stock exchange for us just how bad is another three billion for v.w. conrad well the money is one thing but what's really bad for folks

flying is that people here are now discussing whether this might not have been the last profit warning from fox one this profit warning now is about cost in the united states what about the money here in germany remember that first one was allowed by the german government to equip the cars where the diesel cheating happens with the new software which is cheaper and easier solution then installing a new hardware in those engines but car dealers folks who aren't dealers say that this is not enough that the customers are very angry that they want the more expensive hardware solution so it's not farfetched to speculate about you know even more costs for folks who are good here in germany because if i can chime in despite the investor resentment the comic or itself seems to be quite resilient. well yes the car sales worldwide have kept up pretty well china is false

ones largest market nobody drives diesels there so the diesel scandal didn't play a very big role there what's more folks working has done a lot to polish its reputation at the last international auto fair here in frankfurt the company tried to communicate an image of humbleness of we have learned from the things that went wrong in the past and while some people in the world might see the way that the diesel scandal is handled here in germany as a typical german self flagellation one can also see this as you know a long open honest process of trying to find solutions and that's probably good for reputation too and the reputation of top executives some of whom are in jail. well yes yesterday another manager or ex member of the audi board was put in vesta gate of casa de and the criminal offenses of this case of course are

very important and it's worth noting that this manager who has put it custody there was very close to martin winterkorn and of. the ex c.e.o. of and the man who is now c.e.o. of. the plot only thickens thank you conrad. a country's competitiveness is increasingly dependent on its digital infrastructure to keep pace extensive high speed data networks a vital that means broadband connectivity over fiber optic cables in the e.u. baltic and scandinavian countries are leading the pack latvia ranks first sixty three percent of its broadband is fed through fiber optic networks it's followed by sweden with fifty five percent then a stony thirty five germany is still developing its networks it comes in nineteenth place only one point eight percent of german broadband is routed by

a fiberoptics germany needs to expand its infrastructure but progress has been slowed in the second half of twenty sixteen the proportion of fiber optic lines rose by just a fifth of a percent and by global standards germany is also lagging almost no industrialized country has as low a proportion of fiberoptics well a u. leaders are meeting in the estonian capital tallinn for talks on europe's digital future it's the first a huge summit dedicated to digitalisation macsoftware reports on one of the smallest member states with the biggest event visions. the two youngsters don't know what's wrong they're using the commands their teacher is showing them so far the lego robot just isn't moving. i'm trying to connect better about the computer. robotics classes like these are

part of school curriculum in this town though they're supposed to give the kids a head start for what's already here the digital age i mean everything is turning digital now so it's it's kind of a good first step towards the art so computers and stuff because as we were all young we like to play the play with lego so this is basically you know playing with lego at the same time learning something. good thing that europe needs exactly what these kids are learning. these are the most important internet companies in the world and they will have more and more weight in the future the top ten are all from the u.s. or china none are from a very. tiny a stone you know is trying to change that it's capital city tommy might have a medieval face but it's got a digital heart and. this is how it's don't you know works everybody has

a card to access public services online credit history real estate ownership child benefits it's all there declaring taxes takes three minutes on the good company takes twenty thanks to the digital society there's very little red tape. when you don't have to deal with the musician thinks you actually have more time for some added value taking the time believe it coming from should change and use more technology so they can be more efficient. this way the government also knows more about its citizens to many in europe this idea. all knowing state is a big worry their concern here though is that the rest of the e.u. is lagging so far behind when it comes to digital. i think the case is certainly not lost for europe but if you see the big numbers the big numbers of who is good who is investing in the latest technologies who is getting

the top talent what are the biggest internet companies and by market cap the reason european company top twenty in e-commerce you see a lot of chinese and american companies dominating the market so in that sense i would be rather worried. that stone you know at least is trying to stem the tide a few true top talents are honing their skills. for the country and for these kids . the lego robots are finally moving. beijing has decided to ban bitcoin chinese regulators of one service providers to stop accepting the crypto currency by the end of october or face consequences one of the largest bitcoin platforms bt c. has said it would stop trading completely by tomorrow in the last few days deals involving the digital currency have slowed to

a trickle but china's clampdown hasn't really dampened interest because markets in neighboring south korea and japan have reported a surge in activity since the announcement well let's get more of a take on what's going on with our asia correspondent andrea hang who's in singapore for us how are china's measures actually affecting the trade in big coin all up would you say. well exactly like you said with the market in japan and south korea bustling about say with china as they quite market it is alive and kicking one reason why i don't explain they should be high this phenomenon is a bit of a trade that it finds because with the clampdown comes a discount it reaches all of these bitcoin prices what's beijing's actually actual problem with quickly conscious can you explain that well that's oversights of the coin so to speak on the n.s.a.

on one side rather. is claiming that there are a lot of security concerns as well as if you regularity is found in some ninety eight percent of the foreign trade but we can't really what's happening on the other side of that coin is that they're not very familiar with the whole system so therefore that kept out this will also stop any kind of our capital outflow which they have been trying to do to ease their debt buyer but exchanges are the only way to trade bitcoins to chinese investors have access to online charge they do indeed as difficult as it is right now they do have alternatives for spots to pick them from and then we're talking about over the counter trades as well as offshore to me it's particularly if you're not registered your wallet or your idea is not registered with the authorities that said however bad china it is said to be working towards implementing digital currency in the future how do you know how far

that future is we're not sure but it all depends on how best investments are being made and what improvements are being made to the big question system and rancorous in singapore thank you very much. and if you're a regular viewer you'll know how business anchor again knows how to dress to impress his series dress code on the do's and don'ts of looking shop and he got to show off his tauriel prowess at the con corporate me here oh boy it's why get hard to add a dress code team won a silver award for social media a short film if you want to try the show on for size you can check out this season's collection on our facebook and twitter page. that's really funny af to tell you that and i wouldn't dare come into a studio without checking first without ties all right with dad nice doing business with you.

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