first time since december's snapped regional elections yellow ribbons marketplaces of separatist lawmakers in jail are forced off those acts later carlsberg them are remains in self-imposed exile in belgium. is in freefall monaco have the numbers for you coming right up. to. the people of the world over information they provide the opinions they want to express d.w. look for his program twitter on up to date and in touch follow us. state by state. the most colorful. life leaders.

the most traditional. minded old any time. check in with a web special. take a tour of germany by state. on g.w. dar com. it corn continues to plummet after its biggest daily crush in four months investors saw spooked by fears of regulation so is this the beginning of the end to pull cryptocurrency. also coming up only one month after blacklisting seventeen nations us tax havens the e.u. prepares to delist aid to all these countries we dig deeper with an e.u. policy advisor from oxfam. and sold or liquidated time

is running out for germany's state owned land his age not back. welcome to d.w. business cryptocurrency bitcoin has been in freefall in the last twenty four hours now by the end of last year it was trading close to forty thousand u.s. dollars at the beginning of two thousand and seventeen bitcoin was valued under one thousand dollars but it made huge gains in the second half of twenty seventeen the cryptocurrency soared after trading in bitcoin futures began on the cheek aagot mercantile exchange last month and now it is getting its tumbled nearly thirty eight percent of its highest point trading below eleven thousand dollars rumors the south korean and chinese governments could ban trading encrypted currencies have spooked investors. well american car makers are celebrating the latest

models at the detroit motor show but behind the scenes it's business as usual and numbers crunching ford has lowered its earnings expectations for this year based on higher commodity prices and currency effects chest traded weaker following the announcement meanwhile rival g.m. is sticking to their expectations but announces a seven million dollar write off related to president on a trans tax plan which decreases the value of existing tax credits. for tax havens are on the e.u.'s agenda today the block is preparing to remove several countries from its recently published a blacklist of tax havens seventeen countries were named in the list published in december and many of them were small islands in the caribbean and in the pacific eight countries are now expected to be removed from the list next week after making new commitments that's what the e.u. is saying they include south korea one of the world's largest economies the united

arab emirates one of the largest arab economies and panama long a haven for offshore accounts now critics say that the e.u. is backtracking by allowing the countries off the list so soon and earlier i spoke to a whole shadow net e.u. policy advisor on inequality and taxation for oxfam international and i asked her just what those two commitments are. well i really wish i could have stuck to your questions but the problem with this blacklisting process is that turns france is lacking and we do not really know what kind of commitments other countries making to be have the list it was already the case with what we called the great list for all countries which could have been blacklisted but just committed to reforms the problem that we never dared to have a chance to so those commitments and i'm afraid it would be exactly the same for those eight countries which are soon going to be removed from the u.

blacklist all right so even if those commitments are really really great is there going to be some sort of control mechanism in order to shake if they really go to change their tax schemes. well we hope so we are always hopeful but the problem again is that if we don't know what the commitments are to whom are really relying on to know if they're really fulfilling their commitments we are just relying on the willingness of you member states including some e.u. tax havens to make that judgement whether the commitments i've been fulfilled or not that's a bit worrying that's why we're asking for more transparency we're government have got those commitments well below what you just mentioned sort of evil tax havens i mean how does the use tax system the various countries actually fair in comparison to those well known tax havens. well if you talk about the impact of tech sevens on the e.u. countries and their tax revenues we believe the e.u. tax havens are way more impact than the tiny island has been able to pressure to

commit to reforms so what we're asking is not that they stop asking two other countries to reform but that they also look we've in the you to also investigate their own countries and to ask the terrier's tax ever such as looks over ireland in the evidence on marta to also reform now i mean this blacklist that we're talking about with those seventeen countries it was only released in december now it's january what was the point. well it's true it's going very very fast i've never seen such a fast decision on tax issue that european level so far some of the countries we believe never really deserve their place on this blacklist such a country has moved what is a friend of a country has moved on the tax revenues but it's true that for those we're wondering why going so fast and not so all those countries will just be moved to the greatest so it's not really that they are compliant is just that they're making

promises at the same times if the u.s. able to go so fast then we're also wondering should their success other countries that just adopt new we're firms and i'm thinking for example above the us who just at the very worrying tax reform. don't either from oxfam international speaking to us from brussels thank you so much for your views thank you. now to germany state and to his naughty banker which is one of the biggest lenders in the shipping industry and it's reportedly agreed to exclusive talks with potential buyers g.c. flowers and service and there is no time to loose his agent or bank survive the financial crisis but only with a state bailout and now the e.u. wants the bank sold all equal dated by next month and the reason bad loans to shipping companies. and well for drew tell us they simply trust that they have bank manager when they wanted to invest thirty thousand euros ten years ago their

financial advisor recommended they put the money into two ships instead of more reliable government bonds he raved about growing wild trade volumes. always see if doesn't just the prospect that the risk is very limited as it was conveyed to us with a secure unusual dividend made it lucrative. qatif what i do and it will be but i just want to do good investment on the one with the ship sounded great to me and yeah it was a bit naive just how it was so naive that he wasn't restricted to small investors many shipping companies also overestimated global trade volumes and boat ship after ship just north bank finance their spree with generous loans it quickly grew from a provincial state bank lender into one of the world's largest shipping finances by two thousand and nine it had over three thousand chips on its books analysts say

that was far too many. he has taught us probably made just north banks problem is that in the past it relied too much on only one segment of financing ships and neglected other segments that kind of strategy means you can very quickly run into phases of high risk fos and he nine that's exactly what happened the global financial crisis sent trade volumes tumbling too many ships vying for too little freight meant even established shipping companies could no longer service their debt the shipping companies are tight lipped about it all especially with north banks still providing financial support to some of them because as the north bank is still a state bank financial institution its final garren tires are the taxpayers of the states of sleds they called stein and humbard they face a potential bill of sixteen billion euros the rules didn't want to see their money go under with the ship's bonds they made a court claim that the bonds had been missile to them and won most of their money

back. how do you avoid daily traffic congestion or crowded buses trains and trams while you could stay at home or you could tackle the gridlock by turning to digital technology to create smart systems and that's exactly what the german city of hamburg is doing. hamburg's light rail network is a good way to get to work during rush hour and at some stations there are new options for the last leg of your trip. they have these cars and over there there are bikes to all the sharing services are great it makes it easy to get where you're going along with links to private car sharing services there's an app that shows you all the other options. and. we want to create a platform that does more than display transit options it should let me complete the entire process from leasing to registering and paying. hamburg wants to be a pioneer and smart mobility and intelligent traffic light system is synchronized

so that buses won't have to stop at red lights. because the traffic control center software shows how to keep the rest of the traffic flowing soon the system will also tell motorists whether to speed up or slow down to hit the next green light. to your fertility clinic our focus is communication between traffic lights and cars the green wave concept will be replaced by a system that tells me how fast to drive so that i won't be forced to stop at a red light. in a big city millions of people are on the move every day. at the hamburg hafen city university researchers are developing digital models that can help architects and city planners streamline urban mobility. one set of tools for example let's planners take residential transit patterns into account

when deciding where to build. the smart planning table is already helping hamburg improve the ct nation of its construction sites. we're very pleased we've had some astonishing results the program is very intuitive it's similar to a smartphone or tablet anyone can use it it's no problem and it's helped us a lot in terms of court nation. business update here in des w. thanks for keeping me company you can always find out more on the line or you visit us on social media i see you in the next hour.

in the thick of things but way of. presenting nicole fruition business berlin's legendary costumer flights today because i'm on buses once again one number a landline is distract them interact with others from all over the world but what exactly are they coming to see today we're going to find out and she has insider tips for places to eat and many locals don't know discovering.

attaining the maximum profit justifiable when it's at the cost of human lives. the newest medications and groundbreaking technologies are taking over the health care system and generating billions. for sure the care of actually cost. the business of medicine. made in germany in sixty minutes. on freedom and the whole. world i come from the region is rich in history started on talent but so poor in education opportunity and freedom this makes it especially difficult for independent drugs i see many of the younger promising journalists who are now making names for themselves all over the world. some might get away song by although some will continue. their experience of freedom

a sense is like that fenians of day you can visit with your call come back from the. mining industry forward i work at the numbers.