ultimately have to be clarified by germany it's federal court of justice and. it's not clear whether linda w. would be prosecuted if and when she returns an investigation is underway but there's no warrant for her arrest in germany. this is coming up next ben visit of the new king net net. neutrality the united states that's coming up shortly. stay with the. frankfurt. international gateway to the best connections and road and rail. located in the heart of europe you are connected to the whole world. experience outstanding shopping and dining offers and try our services. be allat gassed at

frankfurt airport city managed by from. there's no. managers to no good today nothing to change you know the banks pay you money and so watch the language of the bank. speaking the truth global news that matters g.w. made for minds. of the people at. the death of online freedom or fair competition the u.s. repeals net neutrality rules designed to secure an open internet the online response is explosive. bitcoin hits another high venezuelans opts for the volatile cryptocurrency over their own highly inflated ball they've. been physical and let's

do business democrats say the republicans are handing the keys to the internet to a handful of multi-billion dollar corporations the us communications regulator has ditched the long time prints. all that all web traffic must be treated equally on the internet highway small websites haven't had to compete with the likes of facebook you tube or netflix until now everyone's been treated the same basically but the net neutrality overhaul means providers could begin charging websites and online services for their data volumes which could lead to preferential treatment meaning a fast lane and slow lane for internet traffic well new startups without the resources of big companies would feel the pain and be knocked out of the race altogether that it brings olt in fewer choices for consumers and the major corporations would simply pass on the added costs to customers in other words streaming movies or

music could be set to get more expensive the move is part of u.s. president donald trump's push to undo barack obama's work and scale back regulation in several economic sectors. net neutrality rules banned internet providers from giving preferential treatment to certain websites after the f.c.c. vote that seems to be a thing of the past. the ending of net neutrality has been met with fury by millions of internet users both online through social media. and offline at this protest outside the f.c.c. headquarters they say consumers will be forced to stump up the costs of say paying for faster access to their favorite sites or even paying to access certain websites that all. say it will saddle content platforms with costs that they will be forced to pass on to their consumers the chairman of the f.c.c.

saying it's not the role of the regulator to dictate to business models to the market it is not the job of the government to be in the business of picking winners and losers in the internet economy we should have a level playing field and let consumers decide who prevails action but for democrat commission a minion cliburn it signaled a dereliction of duty and the public can plainly see that a soon to be toothless of c.c. is handing the keys to the internet the internet one of the most remarkable empowering enabling inventions of our lifetime over to a handful of multi-billion dollar corporations the companies argue they need the money internet users are demanding faster connections for ever more devices and that infrastructure will add to billions in costs to their balance sheets that has already been legal opposition to the ruling but for now it's a victory of light touch regulation over big government of corporate america over

the average internet user. uli and political advisor for the german n.g.o.s. union let me know is this really the death sentence for a fair and free internet. well they media consequences as of yet uncertain but there is a clear path that the concern materializes that the two tier internet will develop where certain. software or certain content on the internet is made more expensive or is blocked off together and that would create disadvantages for consumers the democrats senator bernie sanders had an interesting quote he said the internet will be for sale to the highest bidder basically others fearing it could further deepen the divide between rich and poor also this tweet is quite interesting you troops in the p. is tweeting that she's devastated writing the internet is the only bridge that

successfully connects people of low income to those of high income giving voice equal weight basically what happens when that bridge disappears well i don't want to comment on one specific tweet but to make an overall general point is that there's a longstanding concern that some people who are for one reason or another disenfranchised or can't afford more expensive internet or can't go through the whole maze of different package that might develop put a disadvantage and that is exactly the fear if curbing our abolishing happens it's only. extremely haad. arguing that the rules under obama were heavy handed and also that they discourage the basement of broadband networks is there truth to that well there is definitely two sides to the argument and one is very much supported by exactly these big companies and their their lobbying so that would be one sided argument the other side is that if you have net neutrality you

encourage innovative and competitive start up companies to offer new services and they cannot afford to negotiate for or pay for a fast lane internet access and so in that way innovations actually stifle it in this case what are some of the big companies against it though those who could probably afford it what why have they been against it well i think there has been a shift between the companies because the you tube and the facebook and amazons of the past have grown now so also the interest have changed but it is also interesting to note that there has been brought bipartisan popular and also corporate. support for net neutrality so it's really the internet service providers versus the content providers that have shaped the debate in this case and we're just talking about the us here how is this going to carry over to germany to europe the rest of the world what for now we're just talking about the s. for sure but there is the clear concern that all this lobbying pressure that we

noticed and experience in the u.s. is also going to happen in germany in the e.u. so that the same concerns that are now at you know present in the u.s. could also be here that innovation is stifled that startups can't afford to provide innovative services which in the end also hurts consume us because their access to a variety of services in fact a variety of news opinions might be. ok you and we'll leave it there thank you very much for coming in today very few of them talk. and let's go over now to frankfurt where our financial correspondent is standing by to give us his take on this story then you do you agree with our guest the we're going to see you stifling a bit of a should in germany or europe what i think this is this can really mean that there would be a sort of a first class internet and a second class internet i was just wondering about myself i have

a website because you know i'm a freelance journalist and i was wondering you know if i would be based in the united states does this now mean that i would have to pay now even more to my provider in order to get more traffic you know to the websites i mean there are already lots of question marks and i was talking also here to one senior trader a little bit earlier and even he was telling me because you know investors and traders they want to make a lot of money but at the same time they also believe that everybody should be you know at the same level that you know everybody has the right you know to make very good business so he was also telling me that he really thinks it's going to be much harder from now on for a smaller companies and yeah this is really going to be interesting how all of this is now going to unfold bam expect the same sort of path incurring here in europe that the companies will start lobbying brussels to try to change laws to try

to water down the laws basically like like what's happened in the u.s. yeah i was also talking with this trade up about this of course you know companies for example like one of the biggest internet providers here in germany of course they would have an interest to do something like this but i don't think with this regulation that we're having here in the european union we would get something similar like we're getting right now in the united states ben you cope in frankfurt for us. breaks another record today experts warn the cryptocurrency is a highly speculative investment and yet some venezuelans. highly inflated would rather park all the little money that they have in the virtual world it's difficult to overstate the depth of venezuela's economic crisis every day hundreds of families cross into neighboring brazil in the hope of escaping the misery daily food and

medicine shortages have left them with little option but to leave elsewhere at the border some try to trade their worthless wads of bolivar are illegally inflation in venezuela is projected to surpass two thousand percent next year that fact has prompted many of those still in the country to convert their rapidly depreciation fall of our into crypto currencies software engineer john with a large recently bought medicine and even booked a holiday using bitcoin. at the travel agency they told me i won't say which travel agency it is because i don't want to get them into trouble but they told me it's either dollars or dollars i said look i'm a venezuelan like any other i can't be more homegrown going white from iran and here i don't have foreign bank accounts nothing like what i do have to pay for his ticket today or is point. they accepted us

but bitcoin is not the crypto currency of choice for embattled venezuelan president nicolas maduro earlier this month he announced the launch of an alternative digital currency that petro he says will be backed by the country's oil reserves. but venezuelans don't appear to view the prospects of the petro too favorably those who have set their sights on cryptic currencies tend to favor big coin itself of course notoriously volatile and for now you'll still need hard cash to buy food on the streets. and repealing net neutrality those topics the more later in the day i start business with.

one hundred fourteen years ago now and the exhibition celebrates highlights and creative. including works of public display in the first time

a new perspective of. a show in the. migration and asylum seekers remain hot topics in europe. but european politicians struggled to provide answers while those who fled wait for what might come and worry about family members back home i feel very shame because i am german to save europe and the refugee crisis incites outlooks and i'm focused on. this week on d w. it's an about the moments that. it's all about the stories inside. it's all about george chance to discover the world from different

perspectives. join us and inspired by distinctive instagram or others at g.w. stories the two topics each week on instagram. for . funny thing. tell isn't an. opiate i'm telling the famous potato. everybody it's great to have you back for another half hour of the european lifestyle and culture is what's coming up on the show.