attack and then it happened it's terrible. for us i'm new here that's for folks on the issues and i agree with many others we can't hide after an attack like this it's a christmas market we have to come back in the symbiotes market yeah obviously i am as bad as celebrating the fact that we're alive and we still have each other we won't let them frighten us. in the last moments mais yes. those who died are being remembered at an as yet temporary site an official memorial will be unveiled before christmas. coming up the future of virtual cash the bitch gone with. david as.

your children like chocolate. you can't live without your smartphone. your tomatoes in the supermarket. as we go about our daily lives human rights are often the last minute. invisible hands. in the twenty first century starting december second on double.

the sky's the limits bitcoin is on the way to break through the ten thousand dollar mark more and more mainstream investors are jumping on the digital bandwagon but how dangerous is the hype around the virtual currency. also the o.e.c.d. delivers a strong endorsement of globalization the world economy is growing faster and faster and only rich countries are profiting from it. and there are a well known trademark of the philippines but now the colorful jeepney taxis are threatened by a government crackdown. this is the business. the virtual currency big cohen is tips to hit the ten thousand dollars. last weekend alone the prize of one bitcoin soared in value through nine thousand dollars because it is the best known of thousands of so-called crypto currency is currently in circulation for the currencies are digital payment systems in which currency is traded on privately

owned computers using a technology called block chain bypassing any central bank these currencies come under. monetary policy also investors unprotected central bankers warn that bitcoin has no tangible value and is destined to crash at some time because value is determined entirely by supply and demand so it's very sensitive to market development for example when china decides to ban bitcoin exchanges in september it is indicated here in the read its value slump by thirty percent but it's soon more than doubled again so more and more regulators investors and big business are starting to take the currency seriously. because one has never ceased to surprise markets and now they want to cash in on the rush the world's largest derivatives market place the chicago mercantile exchange group says it will start offering bitcoin futures by the end of the year in recent days three hundred thousand users

are reported to have signed up to bid going bring the total to over thirteen million but it's still quite hard to actually buy things with it a slew of trading platform such as fancy dot com and fast tech dot com offer everything from armchairs to ferrari's and watches but these are peer to peer sales platforms you won't be able to exchange your bitcoins for that flash b.m.w. in your local showroom but they can buy you some things. there are coffee bars that will only accept because like this one in prague you can book that perfect trip to the mall deaves on expedia with big current and speculation is rife that amazon could soon accept bit calling for payment. with japan also recognizing bitcoins as legal tender it could be said that the crypto currency is future is looking good so if bitcoin doesn't actually crash it'll probably be only a question of time before the broader economy has to join the rush. earlier i spoke

to our financial correspondent against tata asked him if average investors like human me should get into bitcoin now. well that's the ten thousand two hundred thousand dollar question i have two younger colleagues and they actually just started buying bitcoin so obviously some people still believe that is not too late to jump in but then also the whole block change of knowledge is rather complex and should i buy shouldn't i buy it really depends also on your risk level it is complex we don't have that much we really don't know that much how it works so it's i would say there is a certain risk attached to it if it's too late. there's a certain amount of secrecy around the whole thing as well who invented is not quite clear and all that while central banks are worried about well first of all that coins and other crypto currency is as well and not really that regulated and if we talk about crypto what is really problematic is the so-called i see something

like an i.p.o. for stock as an initial coin offering directly we could decide in a few minutes ok let's start to cryptocurrency and then we just need people to buy it and trust us so it's so that is one reason the whole regulation part and then just do we see a bubble that's also something what central banks are concerned about early this year cohen stood at seven hundred dollars now we're almost at ten thousand of the sheer speed is just a pretty breathtaking it's mind blowing it is indeed the ceiling well the sky's the limit. so yeah it's really tough to tell but but one thing is for certain people are not just buying cryptocurrency is they're not buying bitcoins they're buying everything they're buying stocks they're buying currencies they're buying commodities and they're also buying kryptos and one thing is for certain it is still pretty young and and we will also see a certain question at bitcoins at some point but that doesn't mean that in the long

run they're justified yes go out on your correspondent on erev is a studio thank you very much. thirty protection authorities of the european union are deciding whether to launch an e.u. wide investigation into the major data breach and subsequent cover up ride sharing company on monday britain and italy joined the netherlands austria and poland in launching separate probes one of many war is for the company as our financial correspondent daniel cope explains. scandal after scandal were has been recently providing mostly bad news for you remember that former c.e.o. and founder cullen it even had to step down because of sexual harassment charges made by employees and a very cold climate within the company and lately another scandal over did not reveal for one year that it was a victim of a major cyber attack data of more than fifty seven million users and drivers were

stored at the end or were paid one hundred thousand dollars to the hackers. in frankfurt in the philippines the jeepney is an icon of daily life a colorful taxi that evolved from the u.s. military jeep but many of the diesel powered vehicles are old and unfiltered exhaust fumes pollute the air in towns and cities the solution it seems a government mandated mandated modernization program to make them clean the question now is who's going to pay for the upgrades. if manila gets its way this will soon be a thing of the past filipino jeepneys rolling down the road clouds of black exhaust in their wake jeepneys older than fifteen years must be off filipino roads by january first owners many of them taxi drivers will have to foot the bill for low carbon modifications that will be expensive up to thirty thousand u.s.

dollars per vehicle the government has offered financing but drivers say they'll still have to up their fares the way for modifications could leave them without work they say. that we are not in favor it will surely take time until we get these types of vehicles on the road a lot of drivers will lose their jobs what will happen to us will go hungry. drivers staged a two day strike earlier this year tough talking president rod rico to tear today responded with a threat to tow non-complying vehicles after the deadline. his government says the outcry is overblown and the need great inner city emissions are a hazard to health the emissions add to the philippines c o two output it's an increasingly common story around the globe as governments mandate vehicle modernization change is expensive and someone has to pay for it. the price of butter has soared in recent weeks and france bankers are particularly

hard hit they often can't even get their boss orders filled on the list saying much of the bottle crisis in france as homemade caused by the country's unflexible system of pricing and distribution. french croissants what only taste half as good if they were made with less butter but these days parisian bakers are finding it increasingly hard to get enough of it. you know if i order one hundred kilos i get maybe half of that if i'm lucky. and i'm paying twice what i used to eight euros per package instead of four. on the world is going nuts i think not long ago it seemed like there was too much of everything. but now we have a butter shortage. and you would not want to be. and it's worse for customers areas across the country are producing less and what is produced goes

mostly to buyers outside the country who pay a lot more the price of butter has more than doubled on world markets. but french supermarkets will only pay the much lower fixed price they agreed to last year. many farmers think that system of fixed prices is out of date. farmers also think french consumers should be willing to pay higher prices. people are always asking us for more they want sustainable agriculture they want to know what our cows eat into whether they roam freely in the past years and if we meet ecological standards. but all these things cost money and consumers should be prepared to carry some of that cost. but are supplies are stabilising in supermarkets at the moment but at least one parisian baker isn't taking any chances

on the way to see it during the holidays butter is a key ingredient i need from mars upon it for the traditional cakes i need it for cream fillings. so i'm already hoarding butter so there's enough for the holidays no matter what the. price is already reflect the higher butter costs so baked christmas items will be more expensive this year but so far customers are taking the added expense in stride after all delicious pastries are practically part of their national identity. well before i let you go a quick recap of our top story digital currency bitcoin is tipped to break the ten thousand dollar mark soon that's risen in value by a ton of sense since the start of the year unless institutional investors to take the so-called crypto currency seriously now but want. to be nothing more than a bubble. and that's all from me of the business team here and up today i'll have

updates for you in the next next hour thanks very much for watching.

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