mexico twenty ten world cup winner spain will meet up with european champions portugal in their group. continues to confound bouncing back from a thirty percent drop to top ten and a half thousand dollars as futures trading in the cryptocurrency gets the green light. also coming up a surge in german property prices is a bubble resitting living just becoming too expensive for many of us. and germany's favorite fast food under threat as the e.u. ponders a ban on phosphates in meat. this is your business update on helen on free in berlin thanks for joining me the bitcoin volatility continues the cryptocurrency rebounding to ten and a half thousand dollars after u.s.

negotiators approved the listing of bitcoin futures the price had hit a record high of almost eleven and a half thousand dollars this week but it since plunged and shot back up again the volatility is from the warnings of a crash from prominent investors but others say the price still could go way higher . when our financial correspondent so fishman's he joins us now from new york sophie u.s. regulators approving the listing of bitcoin futures what does this mean for the cryptocurrency trading game. it means more potential investors and more money helena you could say that now even watchdogs have decided to open bitcoin from main street and this could not only increase the price of with corn and thus the value of an investment but also provide the asset with more stability but current supporters are hoping that with the major the riverdance

exchange of funds from institutional investors will flow into the cryptocurrency and this indeed could add more stability to the volatile asset but we also hear a lot of very skeptical voices these days warning investors to stay worry the f.c.c. has already rejected a bit corny e.t.f. proposal in part because of the underlying assets volatility so it is not a clear case for bitcoin yet or so if you would it's friday so wrap up the trading week for us. this was a special week and investors witness a spectacular scary rise and fall of the markets on the last day of november and on the first day of december we had the senate discussing the tax reform basically all week with a more or less successful output when you hit the markets that republican senator john mccain was going to back the tax reform the dow rallied three hundred points

to a new record high only to lose three hundred fifty points in intraday trading on friday and when investors were confronted with the former national security advisor michael flynn pleading guilty of lying to the f.b.i. and thus creating a potentially huge problem put on. so if you most street thank you now property prices have been rising for years in many cities and many residents being driven out of their homes so we took a look at the situation right here in berlin. if we can and in berlin every tenant if you're paying rent you're at risk. and there's no right that guarantees everyone can live in the city centers. that of course the city must be there for those who live and work in it otherwise

it'll stop being a city that's i. who does a city belong to and who can afford to live in it a common topic among berliners in the working class quite spec district many residents live on modest incomes so they're upset about the current push towards modernization which could end up doubling their rents but that's the plan for real estate firms like phoenix play house the tenants so they can re rent flats or sell them. the companies don't like to be named and shamed the shareholders don't like. the government and the senate who are doing nothing about this need our vote and we need to shout more to them about doing something about it to maintain the mix. in the city. when investors are lured by internet ads if you realise that others are losing their homes and it's not only the real estate that's being dressed up the publication of the paradise papers reveal that phoenix prey had concealed rental

income to the tune of millions of euros many berlin homes are registered to subsidiaries on jersey a tax haven. in the past few years berlin real estate prices have risen steadily people from around the world want to invest here the austrian company s in gay started buying up houses and commercial properties in the city more than ten years ago. this is even a good still quote unquote cheap compared to other metropolitan cities and we forecast that berlin will make this winter so if you believe it will happen and you compare it to other major cities then you'll see there's still a long way to go. for urban ologists this conflict between investors and renters is detrimental to cities in the long term. museums to things that have yet to what we're seeing is that these exploitative strategies are diametrically opposed to the city's interests and needs and that the solution is relatively simple limit those market forces. some say cities should belong to

everyone because houses aren't just investment they're people's homes. now for a look at another shady aspect of living the share economy is meant to make us all feel so much better about ourselves sharing workspaces calls bicycles all with the help of a simple at the company's issue airing less about caring and more about getting our data we take a look in this next report. is it your telephone number. yes. is this your profile picture yes. all this information can be seen on the internet . customer data made publicly accessible this is bike sharing we asked a volunteer demand to test rental. registration by smartphone is quick and easy and it just one euro for thirty minutes it's

a bargain but what dimension other customers don't know is that their data is not secured it's available online. with just a few clicks investigative journalists from very and broadcasting were able to easily find the names numbers and profile picture of users from around the world they even found movement data including of our test subject damage. is this way you've just been oh my god yes what do you think of that. in fact it's terrible after all i'm paying them to use the bike and i'd expect my data to be safe. oh by excess the security gap has been fixed the bike sharing business is booming almost all the big providers come from asia with too many end bikes it's practically raining two wheelers in beijing the bicycles can be parked anywhere which is very appealing for customers. but. this summer germany got in on the craze

too like here in munich and berlin suppliers underbid each other offering ever lower prices or are the real endings from customer data instead. you have less data from customers and you can call the right data or up at the right moment and match advertising precisely to the customer that's what makes this information so valuable for advertisers and the movement profiles can be sold to brokers and for a lot of money. but it's likely most people will be more annoyed about all the bikes left lying around on land in the water and in the air. did you know there are more combat shops right here than istanbul but all the days of the day in a cab numbered in talking about the very meaty sandwich of turkish origin that sold on every street corner hit in the german capital well the european union is

considering banning phosphates done now that's what holds the meat together and the plan has come back. in a spin. but re stone mezzo owns a journey kebab shop in the busy major neighborhood of berlin and he does a good business here but kebab shop owners around germany are up in arms about a new e.u. regulation that would ban phosphates from germany. not to mention the stuff and also so i expect a small bit of damage to our business. but i'm convinced that the journey is a stablished enough to survive it. it's trendy it's part of berlin so i think small issue will not be the end of the journey kabob. just got the bike on with us and you know if the. recent health reports have linked phosphates to cardiovascular disease but the kabab industry says phosphates are needed to keep the meat juicy and consistent but don't miss the shop won't be directly affected by the ban he

doesn't use meat containing phosphates. we only use one hundred percent of rio and no minced meat you know and his customers are happy without phosphates to. understand it doesn't even have phosphates and because it's not made of means i eat that's why i eat my dinner here and not somewhere else for your human to know in one place without phosphates germany's favorite guilty pleasure might just get a little bit healthier. than. i know just a ship ever built in the mediterranean has left the italian port of trast on its maiden voyage to miami the m.s.c. sea side is owned by the geneva based mediterranean shipping company it's the first of eleven vessels the company found to norwich over the next few years the feat represents a ten billion euro investment and this sea and a brand new experience for passengers the m a c c so i disobeyed it features a sea front probably not and over thirteen hundred captains it arrives in miami on

the twenty first of december. that's it you're up to date with the latest from the world of business from more head to our website e.w. dot com slash business find us on facebook follow us on twitter d w business on there as well hell in the see how free is my handle thanks for watching and have a great weekend.

meet the germans new and surprising aspects of life since culture in germany. us american keep newsa takes a look at germany it is increasing at the traditions every day lives and language doesn't just come out. so i'm young good. looking guy a d w dot com the germans. they know look like they know what we think. and soon they'll even know how we feel. well i'm not a real person i'm still just

a piece of. scientists around the world are working to measure our emotions. so hopefully i can be a helpful piece assault with a virtual person as a therapist or a robotic as a teacher neither would have human empathy. what does a machine need to do to create empathy and a medical context when i disclose more information to a person or to computer in this case. algorithms for instead of feelings measuring emotion starting december sixteenth t w.