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and well it's. probably rome to the media. joining in discussion and have. died as global media following twenty eighty. three rushing for global stalled says the us president axis next month's highly anticipated summit with north korea's kim jong un but european back to. the copy cat now the german chancellor meet such on his counterpart see how the world leader in an official intelligence does it. gives e.u. citizens better control over there and how online services can use it protection activists. i mean for the limits to

business the door is open to negotiations and the political reaction quite tame that despite furious south koreans taking to the streets donald trump canceled a summit with north korean leader kim jong un global equities plunged but europe bounced back after north korea said it's still willing to sit down for talks with the u.s. at any time at any format that's a remarkably restrained and diplomatic response that contrasts with pyongyang's traditional belligerence it certainly cooled down trump after previously calling his prospective negotiators openly hostile he tweeted very good news to receive the warm and productive statement from north korea. let's go live to gentle jim alone our financial correspondent in frankfurt to talk about this what our trade is making of all of this janeiro. well i mean they certainly like this

development better than the prospect of the world inching closer to a nuclear crisis and that's certainly something that they expressed on the european indices which are all broadly higher paring back to clients although it has to be said that this week will end in decline overall for european markets the first weekly decline the first weekly decline in two months and it will break the longest winning streak the euro stock six hundred has had since june twenty fourth teen who were on the lists saying or suggesting that we will get talks at some stage. you know opinions opinions out here on the very you know there are those who welcome. the return of a more realistic set of circumstances that would allow such a summit to take place with actual preparation and groundwork and sort of the shoot from the hip now we have a summit kind of approach that we've seen so far others point to the ruined iran deal and the kind of good faith that that's eroded which of course is the kind of

faith that you would need in order to strike a deal with a nuclear power others are also afraid of the heightened risk of cyber attacks on multinationals perhaps from north korean hackers but from what i can see investors are taking use of geopolitical risk on a on a day by day basis but if you ask them about the future then they're definitely more worried about thought ok taking it as a loan for some frank thank you. the west has always accused beijing of stealing ideas from its industrial greats and germany's leader angela merkel has spent the second day of her china trip in the innovation hub of shenzhen getting tips on artificial intelligence an area in which china is said to be taking the lead and checking out various startups as well business has been top of the agenda for machall and when it comes to working together on new technologies apple says better data protection is key she also called on president xi jinping to improve access for german companies in china that he is building

a is engine for us so the chancellor is on a high tech who are checking out everything from artificial intelligence to. start ups as well has it got that far that the west is now trying to copy the chinese. well i don't see this happening yet but there is quite an anxiety that china might take the lead in artificial intelligence and that is because china has made huge progress in this in this area china. a lot of data chinese companies have a lot of data that they can process and everywhere where a lot of data is needed chinese companies are really really getting into the competition. tell me more about the political balancing act that merkel's trying to play at the moment being there at a time of high trade tensions between the u.s.

and china as well as trying to cancellation of the kids on it. well yeah the trade the trade war between between the u.s. and china has put germany in quite an interesting position because both sides now want to pull the country on their side so china has been very charming toomer america and merkel has has been discussing a lot of issues in fact germany has a lot easier trade relations with the u.s. than with china but. for the moment these countries need to work together if they want to if they want to preserve some kind of rule based world order the consolation of this meeting in singapore of course in the middle of her visit she hasn't said anything about it she she declined to

comment on this issue but for china and for the whole region this is a real. problem and everything is now and start again like they will have to leave it there it is building a forest and jen thank you europeans are back in control of their digital lives your rules mean citizens can demand companies like facebook google or amazon to tell us what kind of personal data of as a whole what they do with it and have a corrected or delete it. whether you use the internet to search for information connect with friends or simply to do your shopping going online means sharing personal information but in many cases it's unclear exactly what happens to that data. who has access to it what can companies do with it. the new e.u. legislation aims to address some of these issues. under the

new rules companies will only be allowed to collect data relevant to their services so weather app for example won't be allowed to access your address book or photographs. the new regulations also afford individuals the right to launch a complaint with the supervisory authority in their own country instead of potentially having to challenge a foreign company abroad those violating data protection rules will face harsher fines instead of the maximum three hundred thousand euros in germany companies will face up to twenty million euros in penalties or four percent of annual turnover whichever is bigger for facebook that'd be one point three billion euros. the new regulation requires companies and website operators to pay closer attention to what they do with their users information and remaining legal anomalies are likely to be settled in the courts in the coming years. consumer watchdogs have

welcomed the new rules and say they give individuals more control over their personal information. time for our tech editor our until the collecting of private data is mostly going on behind the scenes we all know that. what will change now though because. i mean this collection of dollars going to continue will of click on a button. but then i guess again we want what's going well on the consumer side some things are going to change i mean most people actually just kind of click through the terms of services i mean i think for the i tunes tunes or service if you read actually try to read it out it'll take thirty six hours to read through the whole thing people have actually done that in the past just to see now for the consumer those terms of services are supposed to get a little bit easier easier to understand the information presented there is supposed to be presented in a clearer fashion so that is one change that is going to come into effect another change for the consumer is that they will actually be able to petition companies

and asked them to provide the data that they're collecting on it to them so that they can verify that they are holding in line with the current european data protection laws and also if they need be they'll be allowed to actually request that companies delete that information or give it to them so that they can move it on to different companies so at least for the consumer things will be changed and they will have tools that they can actually use to take it to the companies and say are you using my data the way you should be but who is overlooking this because there's no single body overseeing or enforcing these rules it's that patchwork of of twenty eight regional and national bodies doing that well that's exactly right and that's i'm sure that part of the criticism that people have levied against this new set of laws one example is that the germany's data protection minister basically said that he's going to lose a lot of power through this because right now in the previous laws he could actually go to facebook which is example that he used and say ok you're not using consumer data the way you should we would like to fine you or force you compel you

to be to bring your practices in line with what we require now he's not going to be able to do. that instead because facebook's european operations are based in ireland he will only be able to partition the irish government to then start a proper process some type of legal measures against facebook so at least within the context of individual countries they'll be giving up a little bit of their sovereignty which could be problematic in the long term because you're talking about the big corporations of the moment what about the small guys what about small business well that is really kind of an interesting point because right now this legislation was obviously written with companies like facebook like google like apple in mind but we've seen a lot of trepidation among small medium and enterprises i was talking to one photography here in berlin recently who gets paid to go out in the street and take photos in advance at parties and things like that and she said all of her business partners canceled her contract for the next six months because they aren't certain that they will be able to take those kind of photos given the new legislation i

also talked to a series of realty agents and even people as small as singer songwriters who said that the not even certain that they'll be able to keep up their e-mail mailing lists because they're not certain if they are conform with the new regulation and while some of that may be a little bit exaggerated it does kind of speak to the uncertainty that some of these new data protection laws set of kind of injected into the market and we're going to have to leave it there i guess a lot of lawyers telling me as well today that people are overreacting but it's better to play it safe exactly thank you very much for coming in. and i string business with you don't see you again very soon clearly don't move to a. problem. the move. the i'm

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