facebook set to get more face time with regulators. officials are reportedly probing its cryptocurrency libra. high fliers gather up the 1st national aviation conference in light city to discuss what the industry can do to help fight global warming. and inflation by any other name would still smell like reduced purchasing power but don't tell me ron. this is the business i'm on in berlin welcome facebook's new crypto currency libra is under scrutiny from antitrust regulators according to the financial times the newspaper says the european commission has sought specific information from those of working on the digital currency by a questionnaires on tuesday bloomberg reported about the commission had specific concerns over quote potential anti-competitive behavior related to the association

so far facebook and the commission have both declined to comment. our financial correspondent joins us now from new york and so what sort of answers is facebook actually supposed to provide here. well i mean one of the main questions really is in this case at least the possibility of competitive behavior and if you look at facebook they have more users than the combined population of china and the u.s. so so there is this claim there and then also facebook will probably face questions if there are any plans to somehow connect. to some of facebook's services like for example or also the messenger services but this is really only one of many regulatory issues that facebook is facing with libra and with its other

services in general as well now staying on tech giants french president and model and urged the u.s. to get big tech to pay more taxes now is washington washington under any real pressure to do so well i mean if you look at the united states there is old soul that trend and there are some movements here specially when it comes to trust the behavior the market power that some of the big companies companies have but i do not see any pressure on the u.s. side to really go on board with the french or government at this point why should washington have any interest to help europe to collect taxes from us corporations and culture there on wall street for us thank you very much flying is a dirty business literally the environmental impact of flights is huge german chancellor angela merkel told an inaugural national aviation conference in the city

of leipsic that germany should be a world leader in climate friendly aviation. the heavy hitters from the german government arrived by helicopter that had more to do with speed than the environment but the environment was the order of the day and leipsic anglo-american made it clear that climate friendly aviation can be a competitive advantage. then here in noir if we invest in new technologies and focus on modern aircraft with low noise levels and low emission engines the aviation industry can accept it and demand in competitiveness can be security. because one policy the german government wants to promote is the use of hydrogen powered aircraft the opposition green party is calling for higher taxes on jet fuel but the industry sees threats to its competitiveness which that is does of year it's important that the german aviation industry can compete and therefore we say

we need internationally agreed aviation policy not national unilateralists. the german transport minister opposes any new taxes but he is considering raising the existing aviation tax. i agree with the aviation industry that we can talk about adjusting the levy which means we could use the extra revenue to invest in new technologies in order to look even if we missed you and the government wants conferences like this one to take place regularly in the future the next one is set for 2021. our reporter kate ferguson was that that aviation conference earlier we asked her what else the industry could do to make flying less environmentally damaging. demand for air travel is rising all the time it's expected to double in the next 2 decades to 8000000000 passengers on huling and that means of course that you need a solution that doesn't involve people flying less because demand is growing all the time and there are some options for making this industry less environmentally

damaging one of them of course is to boost fuel efficiency 5 building lighter waste machinery another is to invest in alternative bio fuels and of course longer term as well and electric mobility is an option the car industry has already embraced and there is no reason that the aviation industry won't follow suit especially according to the people talking here today another option of course is about cargo so while people might not be stopping to i'm getting on planes there are other options for transporting goods and we're already seeing a lot of investment in drone technology with major companies like amazon already investing in the technology i think we're likely to see a lot more drones flying around in the future. on august 21968 russian tanks invaded the former czechoslovakia to crush the emerging resistance against the socialist rulers on wednesday thousands commemorated the anniversary but at the same time participants demonstrated against the current

prime minister andre bobbish protesters say he's abused his power and that is trying to prevent investigators from probing business conglomerate for misuse of subsidies. one of agra for its cornerstone industries is agriculture the conglomerate was founded by current czech prime minister andre babbitt now an e.u. report says the company might have to repay around 17400000 euros in subsidies it received from the block the investigations are still ongoing bobbish has been accused by critics of exerting influence to get the funds allocated i've referred is also active in the chemicals and baked goods sectors. organizes demonstrations against bobbish he says the prime minister has clear conflicts of interest he says that he is not the owner of company but european audit shows are that he still is beneficient of this company and he still has influence on the company and that's

really the problem he got the money from european union and also from czech state and i think that's not acceptable the demonstrations mean organizes are growing larger and larger the protesters accused the prime minister of using his political office for personal profit many fear he's obstructing courts in an effort to prevent further investigations. i think the demonstrations are good i'm in favor of civil society getting active and taking action if there are grievances. everyone's talking about a conflict of interest i'd like them to show me where it is. despite the numerous accusations bubblicious party won 21.4 percent of the vote in the last european elections i preferred has annual sales of around 6000000000 euros journalist david trauma has investigated the conglomerate and says andrew ford is increasingly financing operations with very short term loans from china because european banks are pulling out so the situation of that is

a good thing for us. not profit went down from 300 a 1000000 euros 4 years ago to 65000000 neutral so last year old the debt is growing very quickly mainly bankrolls. their expression of from european commission and opposition to non-government organization related to conflict of interest of mr bobbitt at the moment no money at all is flowing from brussels to agra for a time prague it's still quiet on the streets here but soon thousands of people will gather again to demonstrate against the prime minister. the motivation might be purely psychological but iran's president hassan rouhani wants to delete 4 zeros from the national currency the reaal and rename it that's all it's part of a plan to curb the rapidly rising cost of living but experts are skeptical.

tomatoes lettuce peppers many iranians can hardly afford even basic vegetables the country spiraling inflation means prices are rising faster than incomes the inflation rate is now nearly 40 percent the many zeroes on the banknotes are deceptive the national currency the reality is hardly worth anything one u.s. dollar is worth around $116500.00 reales 4 years ago when the now terminated nuclear treaty with the west was signed the dollar was worth 32000 reales most iranians view the president's plan to eliminate 4 zeros from the currency to lower the cost of living as a deceptive move. and nothing will change by knocking off zeros from the currency nothing will change by reviving coins in transactions or you switch to the shit nothing will change by lowering the price of dollars. we saw that he even when

the dollar price decreased prices did not declines this point. that. this move can psychologically affect lower class people because they might feel that the value of their money has shrunk that this is a beautiful way that's the psychological impact in my opinion but it won't adversely affect the economy in fact the current situation will remain unchanged you know they say that it's bad. fiddling with the currency won't solve iran's economic woes since the us impose new sanctions on iran the country's economy has been in the doldrums and iran's bloated bureaucracy is not helping private companies to create jobs but jobs are urgently needed unemployment is hovering at around 12 percent and almost a quarter of young people are out of work the u.s. sanctions have discouraged almost all foreign investment further we. person in the

situation especially for ordinary iranians. thank you for watching.

but with different languages we fight for different things that's fine let me all speak up for freedom freedom of speech and freedom of the press. giving freedom for its global news that matters. made for mines. welcome to the what is the game here on the flights to talk about. coverage. more. slowly have come let's have a look at some of the morning. that 77 percent. are younger than. me and me and. you know. it's time all voices.

congress 77 percent be talking about the issues that. this is where because of. the 77 percent this weekend on d w. 5.