once you are you going to people across the continent able to simply enjoy the snow the full cost is good more wintry weather is expected over the coming days. you're watching the news coming up ahead after weeks of explosive gains the cryptocurrency bitcoin is not officially traded on the chicago options exchange and would it help stabilize the currencies price we did you more in business news coming up after a short break. and that is with the humphrey who is standing by so do is save the news if you can. there's no end of. my messages to the good today nothing would change you know

the banks paying you money and so was the language of a bank money. speaking the truth global news that matters d. w. made for mines. it's all happening. pretty. normally to choose from africa and the world. your link to it simply stories and discussions here no one will come to deduce that for clean program tonight from one in germany from the news of these each i want website d. w. it comes to much free come join us on facebook at g.w. africa. at. a new era for breakaway to features of the cryptocurrency on our tradeable

would stabilize the price over the bottle. of course the coming off as well trade organization ministers meet in argentina we say can look at the hidden protectionist moves that countries like germany all keen on to take the trade balance in that favor. and spain's basque region has bounced back from financial crisis company order books a full but it seems all the highly skilled employees stood up wrote. this is your business update on how an arm free but then thanks for joining me for the first time ever a bit corny futures are now tradeable they were launched on the chicago board options exchange on sunday evening traders are placing their bets as to where they think the virtual currency could be in january surging to more than eighteen thousand dollars now some expect the derivatives to stabilize the price all this say is a bubble set to bust. it's

a move some say could propel bitcoin from the fringes to the forefront of finance. the futures markets ally's traders to speculate on the cryptic currencies priced at a later date something which could increased ability but also push the price down from the dizzying heights of clear it's been i think argue a correction and i suspect the correction will happen when the futures markets come online and so my suggestion is to kind of wait and see what happens i think that if you're investing though for the next two years or three years then the difference between the price now and the price in a week's time may be irrelevant some say that bitcoin might not even be around to the next two to three years though if the tories leap volatile with warnings that it may self-destruct and it's not backed but some believe the impact of block change technology will be lasting whatever you might think about group occurrences the reality is that the technology behind it which is the blog is here to stay if i

can make a kind of a comparison is more like the dot com bubble that we had early two thousand. while everybody was getting rich just having you know a dot com on the web side but even after the bubble burst the internet is still there we have facebook google so the technology behind it is here to stay already opinion is divided over whether the trading of futures will prove the making or the downfall of the digital darling when our financial correspondent daniel copes with the frankfurt stock exchange for a stand your what his future trading done for the price of bitcoin. well it really seems that investors in the united states couldn't wait after the future was launching the website was down we saw hundreds of transactions already within the first minute everything started at a level of about fifteen thousand dollars then it went up to eighteen thousand

seven hundred so quite a impressive start with twenty percent plus just within the first twelve hours helena so how closely are investors there in frankfurt watching the launch and now can we expect trading there soon as well you know they're watching it very closely dortch a birth of the company operating here the frankfurt stock exchange by the way celebrating their twenty fifth anniversary today they're watching it very closely because the start at the c b o e was just a start next week see him yet another very well recognized stock market in the united states will be the next one even the nasdaq is considering it so dr berger will be under fire maybe to do the same but for the moment we're at least hearing that this is not part of the discussion can you cope in frankfurt.

now the world trade organizations gathering of ministers which happens every two years is underway in argentina at a time when global trade is in trouble the term trade war has been used pretty often this year frequently in response to u.s. president donald trump's threats to impose or increase tariffs on imports but experts here in germany is sounding the alarm over what they call hidden protectionism moves like quotas on imports making people fill out more paperwork to import or giving more state money to homegrown companies instead so let's take a look at the top five countries implementing hurdles to trade between two thousand and nine and twenty seventeen well we've got the united states on that list in at number one india russia saudi arabia and germany now in the united states most of these policies came in long before the trumpet ministration was inaugurated and you'll notice that china doesn't feature on that list despite the fact that it's

the world number two in global trade germany and the u.s. really stand out as the top trading nations on that list and that quietly going about making it harder to import goods from abroad and we have this interview now with adam chain of the institute for international economics telling me a little bit more about that. these so-called muntari various are increasing since the financial crisis in particular in two thousand and nine and to give you an example we mean with that is like you know german exports for example they need to implement different bumpers on the u.s. market or on the on the india market and this makes trade more expensive and our study illustrates that if these non-tariff barriers were not in place global trade could be larger by around half a trillion us dollars so it's a significant trade reducing instrument which you observe increasingly in the last

five years that i think it's surprising that we see germany on that list with hidden trade barriers because trump has spoken out against the country's trade deficit do these results then give some weight to his claims. i mean one one need to be careful of course he has done trump has a point indeed what we observe is that imported killer industrialized countries are using this hidden subtle instruments to non-tariff barriers in order to protect the domestic markets but on the other hand donald trump was referring also to germany because he was not content with the fact that u.s. consumers are importing so many german cars german products or chinese products but the truth is also that the german cost of very productive comp producer or chinese goods are very cheap on the other side because they are subsidized but in germany we don't have the subsidy policy so we need to be a bit more distinguishing between these countries now the w.t. reaching out and tina certainly has

a tough job ahead of it do you think that it can really make any headway on actually reversing anti-trade sentiment at a time when the organization is facing an extension crisis itself. this is not an exit generation indeed it's a big crisis and i think i'm very pessimistic honestly because the have has been a stalemate for years now because the interests are diverging between the emerging economies like china and india on the one hand on the end of the industrial industrialized economies on the other had a better road would have been you know the idea of t.t.f.n. the transpacific partnership was to find regional agreements which could then be used within the world trade organization as as as a as a wrote to find again a consensus that this unfortunately turned out to be difficult also because to tip and d.p.p. as we all know now are on hold at the moment dr and yet change deputy director of the for center for international economics and me nick thank you thank you.

now the basque country is going to spain's most important industrial regions and will though the impact of the financial crisis was less painful on the north of the country many young people still went to vote looking for walk now the economy is picking up again companies are finding that order books have filled up but the well trained employees needed to do the work and missing. engineering company x. atar produces parts for the automotive industry and lists major car makers among its clients ninety five percent of its goods are exported prompting the company to embark on a recruitment drive for professionals with experience abroad including in germany. the german market is very important for us so we need people who have good germany who understand the culture and can relate well to customers. in the german city of munich exits are was among several companies who took part in a recent jobs fair it had a specific target attracting skilled basque workers home. the event was organized

by an agency called the sky a talent which helps companies recruit staff around the world. we're looking for people who have left the basque country for their careers but are familiar with our culture. we then connect them to companies which can tell them about the opportunities available. with the spanish economy improving jobs are opening up earlier this year engineer who lay in a bus has left her job in hamburg and returned to her home the move was arranged by this guy a talent. back when i graduated the job prospects were very poor that applies to positions as well as pay. to have it done. now there are more and better paid jobs available and the economy coming to. us companies say recruiting abroad also saves time. since the people have been abroad

specifically in germany they understand both cultures that's a big advantage compared to people who've only studied here and have to pick it all up on the side as a company we want to take advantage of this and. the talent scouting appears to be working the companies have been able to pick the interest. many professionals ready to return home. yeah they are gay i thought i'd gather enough experience to broaden i wanted to go return to my friends and family that that was the most important thing for me that's not a fabulous i mean low so much input on the but i me. thousands of spaniards have already returned home bringing with them valuable skills. today with the latest from the wilds of business for more find us on facebook follow us on twitter on the school business i'm there as well and honestly humphrey is my handle my business news in the next hour now.

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