between ukraine and pro russian rivals is underway at this hour in total three hundred eighteen prisoners are being exchanged will soon they were chanting call. state every news you're up to date don't forget you can always find the latest news on our website at. www dot com the business news is next with daniel wynter stay tuned if you can obviously. there's no end of. my messages to the good today nothing would change you know the banks pay fines and so was the language of

a bank money. for speaking the truth global news that matters. made for minds. it's all happening. pretty. sure linked to news from africa and the world. is your link to exceptional stories and discussions can you and will come to deduce after getting program tonight from born in germany from the news of these eat our website d w two it comes to much afrikaans join us on facebook at g.w. africa. at a. very unusual congress gets under way in lights it does germany's digital activists in the chaos computer club that annual get together in a very. also coming up in our series following the new silk road this week why

china is so interested in building billion dollar trade links with africa and that christmas consumption binge is over again but many are returning items they were unhappy with and retailers are starting to take stock of their a. i'm daniel winter and this is your business update it's europe's largest association of hackers and it's holding its annual congress this week and the chaos computer club has been keeping tabs on surveillance privacy and data security issues in more than thirty years since its founding its annual meet ups have grown even larger and the lights event is no different topics this year will include the latest cyber threats and data privacy issues and this will also participate in digital activism seven edward snowden is this year's keynote speaker. and you may have noticed something that the lighting is very dim because unusually for vents

like this no one wants to be in the limelight. events that like to trade fair grounds don't usually have such a clunker stein and secretive feel some areas are right off limits to t.v. cameras it's the first time the venue is hosting a convention by europe's biggest group the computer club with visitors from across the world. i want to learn as much as possible. that the internet security advances. my head will explode when i'm here i hope. the array of c.c.t.v. cameras normally used to truck trade for visitors has been turned off on exactly keen on being watched surveillance is high on the agenda the organizers oppose the facial recognition system recently introduced to the train station despite it being aimed at preventing terrorist attacks. buy it offline if surveillance becomes intense offline as it already is online sky and then soon they'll be no place left

where you can have any privacy as kind of. the event will also be talking issue such as security loopholes on smartphones and computers the kind of communication congress in my position and saw today. our reporter to ponder jim bellos tracking the top topics from this year's conference one of the major topics here at the cales communication congress is the fact that it may not be safe for consumers to charge a public charging stations for electric cars the cards that are used to pay they are not encrypted and that makes it very very easy to copy. and then of course as other topics on the agenda like net neutrality and of course a speech by edward snowden tomorrow thursday is definitely something that seems to be. being talked about at least by people who are attending and of course it's also a social credit score system that china is trying to implement by two thousand and

twenty and that's a big topic as well. crude oil ends twenty seventeen at its highest level in more than two years prices have been steadily rising for weeks but got another boost on wednesday after an explosion of a pipeline in libya interrupted supply the pipeline connects some of the country's crude oil fields with the acid draw all terminal the incident might cut oil production by up to one hundred thousand barrels a day. and to neighboring china now and all this week we're looking at the new silk road its namesake was an ancient trade route which ran from china to the rest of asia and beyond the chinese government is investing hundreds of billions of infrastructure projects to resurrect that trade route on land and as you can see there on water today we're stopping in africa since two thousand and five the chinese have invested sixty six billion dollars across the continent that makes them the largest investors that that pumping money into the construction of harbors

roads and railways to boost their own supply lines in may this year a new railway line opening kenya linking the port of mombasa with the capital nairobi. soon the line will be extended all the whites lake victoria total price tag eight billion us dollars even though kenya needs massive investment in infrastructure the railway everyman with china raises many questions. there's no effort spared to keep trying on the new nairobi mombasa link looking spick and span they're not just an infrastructure project they're important to the image of progress that kenya wants to project and that includes the polished presentation of the train staff at morning roll call the four hundred seventy two kilometers of railway line cost around three and a half billion euros the chinese state stumped up most of the capital chinese companies like the tracks and delivered around sixty diesel locomotives and seventeen hundred carriages the opening of this artery of communications in eastern

africa is a great achievement of the friendship between china and kenya in the new era it is also the chrysalis zation of the win win and mutually beneficial cooperation between china and kenya. this stretch is just the beginning there are big plans afoot for expanding kenya's rail network this line it links the capital with east africa's most important port to transport of goods a lot of them chinese of course should become much cheaper the new link should more than half the travel time from around ten hours to just four passenger tickets cost around eight euros but contracts for the massive projects have also raised questions there was no transparent tender process and there's talk of corruption critics say kenya is being sold obsolete technology at an exorbitant price on credit which has to be paid back at high interest rates you know african leaders think china's santa claus they're not santa claus they want returns on their

investment we've already had a levy on each liter of fuel sold in kenya there is a libby going towards the repayment of that now this is more sophisticated banking china has been known for they have a fantastic return and they've got security they manage the whole thing but. there have been plenty of protests against the project the route passes directly through the nairobi national park and threatens the nature reserves existence but the protests have had little effect in kenya the chinese are pressing ahead and in uganda they are building another rail connection china's grand plan is to link the two countries with rwanda burundi and south sudan carving out a new trade network and new markets for chinese goods. the made in germany brand is getting ever more popular not only for consumers but also

corporations from all over the world they come in as investors acquiring german companies and then know how and twenty seventeen eight hundred seventy such deals were made according to research by consultancy p.w. c. more than half came from buyers within the e.u. investing a total of thirty billion euros the biggest deal was the takeover of siemens mobility business by french conglomerate alstom another one hundred sixty eight purchases came from north america mostly the united states the biggest one here was the industrial gas group linda which was bought by praxair that deal alone was worth forty billion euro's good for about two thirds of all transatlantic deals asian buyers stepped up more the ninety times this past year investing over eight billion euros into germany many of which are now on the chinese in management those

companies and smaller deals came in from south america as well as africa it's not just foreign direct investment of course retail makes up a big chunk of demand in the german economy and it's been a bumper christmas for retailers here even if not everyone is happy with their presents the christmas decorations may still be up but there's no more festive feeling here this is the time when people bring back items that weren't so well received once the wrapping paper came off. i'm just done happy that i chose something for my sweetheart and he said i it's too tight and b it's not his collar . thing. we didn't exchange it we just made a size correction because the recipient's point is too big for a large and we had to go for an extra luggage otherwise it was fine. that also goes for retailers who can now start to get a clear picture of a christmas revenues german shops have enjoyed higher than expected sales so they

don't mind the bothersome exchange trade so much. it's important that the goods are new and unworn and then we'll gladly exchange it it helps if the customer still has the sales receipt with the goods then it's absolutely no problem and we happily greet every customer who comes into the shop even after christmas. of course they do because even on a post christmas excursion to exchange unwanted gifts customers always seem to bring a little something extra to the till. and hold on santas heels amazon employees at a major distributions and here in germany are going on strike they're unhappy about pay and have been for the past four years striking several times over that period that they are the union says they should be paid the same as retail workers and as an argues they're more of a logistics for saying these strikes will not interrupt a difference the industrial action will continue until the end of saturday india is

on the rise mostly due to the global digital revolution the south asian powerhouse is set to overtake the united kingdom and france to become the world's fifth largest economy next year that's according to a report by the london based center for economics and business research currently ranked seventh india could grow to the number three spot by twenty thirty two passing germany and japan the top spot will then be held by china followed by the united states. and we've run out of time here on business we've got plenty mall online so check us out on social media i'm on twitter at. i'll be back with more in the next hour until then keep it here on.

entering the conflict zone confronting the powerful force for a comfort zone is in warsaw where the polish government is facing mounting criticism from the e.u. over its record on democracy and human rights my guest is the deputy prime minister

. is his government ready to address the concerns voiced by brussels for continue rejecting them out of a final few news on t.w. few. images from an isolated country. images from north korea any telling photographer captured fascinating shots of. daily life in a regimented society. an exclusive peek behind one of the last iron curtain. in north korea and starting december twenty eighth on t.w. . day live to surf. danger lurks in the longer we were. surfing waste and polluted

water. basically the station well as long as a backup of the nation full of. israeli peace it's sad to go somewhere every day and see more and more. to see me everything claims the wind have to give something back i feel obliged to assume. waves surfers fighting against unseen pollution the sea starting january seventh on g.w. . this week conflict zone is in warsaw where the polish government is facing mounting criticism from the e.u. over its record on democracy and human rights my guest is the deputy prime minister . this is government ready to accept the concerns voiced by.