first and in a moment we'll get the latest business news from asia but first an update on a highly controversial gas pipeline project that runs from russia to germany the e.u. has been divided in its support for the project which critics say would make the bloc too dependent on russian gas germany however stressed the project economic benefits now ahead of a crucial e.u. decision on a new directive that would impact the so-called nor to stream to project france and germany submitted a draft compromise on the issue which the e.u. has just adopted in a moment we'll get some insight into that quite complex story but first this report . six hundred kilometers of the nord stream to pipeline have already been installed but the political problem surrounding it is still yet to be resolved this week france added its voice to those feeling uneasy about the project. this is

what's at stake the pipeline would transport gas from russia to germany via the boat exceed the project in its current form is operated by the russian state energy company gazprom. and that's exactly what critics including president trump of the united states object to. the dependency from russian gas will increase jessica lee with us knew a pipeline and that's the reason why they constructed. it contradicts obviously the european goals not only of the energy union but in the future we will see less gas demand because of climate policy and this is the reason why this pipeline is completely on a canonical front surprised its allies on thursday saying it plan to back e.u. proposals to extend the block's energy rules to cover gazprom but now a draft document suggests paris and berlin will together insist the e.u. member state where the line first connects should enforce the rules it's a win for the project but with other objections on the table is far from full steam

ahead. all right just bring us up to speed i'm joined now by the boss in your research fellow at the oxford institute for energy studies paris good to have you with us please enlighten us why is the project so controversial. i think when a guy has used to say to them it's very controversial because we have a division between the e.u. member states we have the division of the commission and that you parliament where again state and interesting enough the direction and gas from want to be there as fast as possible because if you build it as fast as possible or then what ever explained the changes to regulation is not going to happen i think it's a question of control. and speed of who is going to achieve. targets i.e. the new e.u. guest erected for the construction and operation of these new parts ok so it's

something like a race against the clock but then we heard of this compromise that's been adopted what does this latest turn of events mean for the project but i think this is a testimony is that this fight is what about six i mean what we heard yesterday was that france was going to be in favor of these new e.u. directive and this could have mean that the majority of the member states would have moved against north korea too as as you stated germany is a strong supporter of despite and has been i think politically astute astute to find and to reach a compromise as you said as a compromise let out of germany to implement the rules that ensured that what we can say is yes today we would have said that the fate of those who rise and break be cases that france was going to your against will stream to but with this compromise and this new directive will have a little in time for north stream to our identity just just very very briefly it's

very difficult to keep up with what's going on so what will be next. well again speed dating market still hasn't agreed for the time to go through history to want as you stated in your program donald trump is fiercely against and you know that the u.s. can implement things on the e.u. companies. simon sings this time so there are loads of things that may come in in the coming months or weeks i mean it's unlikely this pipe is going to be built by the end of this year i like the idea and also the beginning of the extra problem not quite yet off the table they're all senior research fellow at the art of the institute for energy studies in paris thank you so much. german payment service provider why a car to say it is considering a lawsuit against the financial times the business daily has published

a series of reports accusing the company of fraud the financial times latest release day allege that two senior officials were aware of the so-called round tripping scheme described in its articles that involved moving cash between asian subsidiaries to artificially pad the books so far german prosecutors haven't found enough evidence to open an investigation why a guard has denied the allegations but a twenty percent slide in the company's stock implies that investors are convinced it is telling the truth. and for the very latest let's bring in our market correspondent who is following all of this from the frankfurt stock exchange what's what's the latest what can you tell us. all i monica the shares dropped yesterday twenty percent rose this morning and now they're dropping again drastically because it looks like the singaporean police have paid card a little bit why these these strong swings this volatility because really the asian

business for wire card is at the core of what investors believe to be the promise of this company if it was able in such a short time to capture the asian market and be successful there then it might be possible the company can say can be successful everywhere with its business model however if the books were indeed cooked in order to get license and license for example in china and that calls an entire model into question. paul i'm sure you also keep your eyes on what happens with tata motors says they have a fall about almost thirty percent after the company posted the biggest quarterly loss in indian corporate history the owner of u.k. based jack you a land rover lost three point eight billion dollars during the three months to december that was partly down to fifty charges related to weak sales in china is also suffering as a result of the uncertainties of brics is unfolding demand for diesel vehicles. so

paul again a massive share loss and was seeing this one more often across the board all the companies struck in the same problems. well we've seen a couple of car makers and they at least share some of the problems we we have topped. with big problems in china's luxury market chinese customers are just aren't buying these luxury cars anymore and di miller which also reported this week has the same problem i'm top of that it's also producing its cars in the u.s. and that means additional tariffs on their cars when they ship them to china one area we're. on might be worse off than others is a jaguar land rover is pretty much tied to the u.k. and while companies like nissan are leaving and b.m.w. is taking a break that will be very hard for for jaguar land rover to to do and over fifty percent of the u.k.'s car exports still go to the twenty seven countries right now

and that is it's a big problem they have to help us if it's thank you so much for this. turning to an of the anniversary iran prepares for celebrations to mark the fourteenth on the surreal the one nine hundred seventy nine revolution and during those four decades the country had to deal with the impact economic sanctions had aimed at forcing it to change its policies hardest hit of course. ordinary citizens report takes us to the country's capital tehran. on a cold february afternoon in downtown tehran the streets are busy. however inside but is a small restaurant it's a different story. the latest round of economic sanctions have had a big effect on the price of chicken has man stepped it costs almost double what it did a few months ago and customers are staying away as

a result. and i've heard you on eleven to four we were so busy we didn't even have time for lunch or tea but now the situation is like this. it's not just the price of food that has been affected. prices have been rising steadily for consumers and businesses across the country causing plenty of worry for people such as majeed house in. a rogue setter. so we had resided in the market the dollar exchange rate issue and the sanctions are putting pressure on people and people who own businesses are looking to the future with some figure . when they go. here while the economic effects are being felt by ordinary citizens here there is little appetite to bow to u.s. pressure. in the world created the revolution and they're standing by it and

supporting it in fact those who are suffering are the same ones who protests a period in the revolution. here in iran the values of the revolution still come first. finland has revealed the first findings from a two year basic income trial researchers say providing a basic income did not the unemployed to find work in january twenty seven thousand two thousand unemployed finns became the first european citizens to be given a guaranteed basic income a wage that would be paid regardless of whether they worked or not there was also no requirement that they look for a job last year the finnish government said it would not extend to the trial to the wider public the first findings from the highly publicized trial seem to back up that position. and the next generation of bullet train has been on the in japan the alpha made by he touchy will have

a top speed of three hundred sixty kilometers an hour it's twenty two meter long nose is designed to reduce pressure and noise as it passes through tunnels it's due to come into service in twenty thirty when the hokkaido fishing comes in line extending its. interesting train that's business asia here on d w thanks for watching you can always find out more online off course or if you follow us on twitter. i do stay tuned because news is coming up next thanks for watching.

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with flint and stephanie strong. party and checked with musicians from all around the world. groups every week doubling. hey listen up. that's what video game music sounded like thirty years ago. today's tracks take the experience to another level a sense to him compose a. song. featured in many games his music is bound to. his fans he opens doors to. sounds good. oh genre that's so much more than just background music video game music starts february twenty fifth on d w.

this is you know we use a lifer. in children killed in their sleep in a tragic fire at a youth soccer dormitory in brazil the police tore through the youth training facility of brazil's biggest soccer clubs the flamingo in rio de janeiro killing at least ten people local officials say youth players are those among the dead also coming up the royal the taking on thailand's military coup top princes who bought up as convention and announces that she'll stand for prime minister in the country's first election since the military.