she did get up in the end stage of a day w. business coming up next with that general dome along the back of the top of it i'm going to. why are people forced to hide in trucks. there are many reasons. there are many cancers. and there are many stories.

make up your. job made for mines. the coronavirus crisis is a corruption crisis our new report says that the countries where citizens trust their governments the least are coping the worst well look at who's leading the way and who's lagging behind in the latest corruption perceptions index. and the big game around game stop stockhausen stopped wall street short sellers are sitting on estimated losses of close to 80000000000. alors after

a coordinated attack by reading users. this is the w. business i'm joined now the one in berlin glad you can join us. transparency international has once again run countries around the world in terms of how corrupt their citizens perceive them to be particularly when it comes to misusing public money but the coronavirus pandemic has thrown up a new aspect the group says countries that perform well on the index invest more in health care and provide better health coverage let's have a look at where that would be topping the list that we have the least perceived corruption are a fair few european countries including germany there's also australia and hong kong among others a little further down the list we see countries where a small level of corruption is perceived by people living there for us and eastern europe about half way down the list of $180.00 countries that we have china and india at the bottom of the list are the countries perceived to be most corrupt by

their citizens that's mainly parts of africa such as sudan south sudan and somalia as well as yemen and syria. let's discuss this with a regional advisor for southern africa transparency international which compiled this report thank you very much for joining us mr hooper are corrupt officials in africa taking advantage of the pandemic. well i mean that's that's really a really difficult question time so when i can say is that unfortunately there are thoughts of the prejudice perception and they came to a very bleak picture of an action against corruption in every africa sub-saharan africa plan for itself unfortunately yet again at the bottom of the index now what this means is that governments need to take very decisive action as soon as now to

ensure that they can in his which happened ravished by the qubit 19 pandemic and ravaged by huge incidences of corruption continually in relation to medical equipment and medical supplies which are supposed to be going towards saving lives this binge make sure that they take action against that if they don't want to that's what we lost was they would you say that the coronavirus pandemic has altered perceptions of people in terms of how corrupt their countries are. i would say that if they had i think the find ourselves in the situation where citee is very woke up citizens are more than ever holding how it's to at have been so many incidents as a way stage around the pandemic and you like really very annoying that they really

want to understand why this is happening. now we're talking about perceived corruption how does that differ from actual corruption. well the difference if it's a perception and take the c.p.i. or the perception and that which means that we really connect states have from business and that's more than every anything else experts around and corruption in u.s. and the like so it's a very professional lives what. actual corruption is. a coup pay from transparency international thank you for joining us today on business we appreciate your insights thank you very much. it's been like a flash mob on wall street individual investors have been using online forums to coordinate stock buying and inflict bruising losses on hedge fund pros the frenzy of trading has resulted in soaring hari's and crushing lows the most prominent is

company beleaguered videogame retailer game stop stocks the u.s. company's share price more than quadrupled since the beginning of the year. they are placing their bets a group of small time speculators not professional traders have been coordinating the purchase of game stop stocks in online forums even though the retailer is virtually broke this has been causing share prices to skyrocket since the start of the year the price per share has risen nearly 2000 percent. played out that those who are pushing this year prices higher are on the winning side but those hedge funds that are short the stock. believe that the price will be going down are getting squeezed and so the concern is that we maybe we end up with some hedge funds that have financial difficulties. game stops rising share price has already caused problems for some short sellers who had bet that the nearly bankrupt firm

stocks would drop in value now every penny they increase means a loss for the short sellers and the scramble to buy only and upward pressure on share prices. michael hewson chief market analyst at c.m.c. markets joins us now welcome michael is this not the case of wall streeters getting beaten at their own game on their own certainly so i mean i think when you look at . getting. short selling short selling squeeze and sort of poetic justice but i think what it also highlights the risks. the roys from shops selling and also mentally you know this is not a new phenomenon you know short selling is a very uncommon instance and is a fairly decent way of holding directors and management companies to account particularly if they're badly run i think the difference here is that this is

a company that's not really making any money unfortunately those far too much of a $1.00 way bet on it the shares 100 percent of the share float was built was basically out on offer and what you saw here was some really smart return trying to sort of opportunity and took full advantage so this is a story about stock that has little to do with the company but what do you say this is a transfer of wealth from a few rich hedge funds to ordinary people i wouldn't necessarily say that no i mean obviously that's the way that it's pointed you know 9th street gives who street the bloody notice it's a great headline does it actually mean that ultimately what's happened here is that you've found a whole host a very savvy retail trade is a spotted an opportunity to make some money and what they've done using forums to spread the message. turn and turn essentially a coordinated attack on

a very vulnerable stock and what and why that is why that is sort of panned out is it is panned out on social media or on full view. of the world price and the world strains and people like you and me for example because social media is brutal whole new element to how stocks share his foreign exchange and he's and has been trying to well this story has taught us that really anyone can do this so what do you think this is a fad or are set into to show investors be worried of an ongoing threat from individual traders. no i don't think they needed to be thrown the underpinnings we weren't but i think this is a good thing i think the fact that you can get retail traders and speculating on financial markets is a good thing and it's liquid it's a you know it's opinions and have views as long as it's done responsibly and i think this is where i have some concerns solely in terms of regulation an awful lot

of what's been happening with this particular story is that you've had a whole host of retail trades get together on forums to try and manipulate or drive the stock price higher now if you had institutions do that you have the regulator coming down on them like a ton of bricks so i think there are some concerns here and a my worry is that in the aftermath of all this some experience i cannot help trade is could actually get caught out in the back now so since you mention regulations i have to ask this kind of trading is impossible to regulate they're not institutional investors know the not like i think you can regulate where they can actually hold these sorts of conversations and ultimately here in the u.k. you do have paris to entry for example so you're in the u.k. you have trading fees with which the you can buy and sell stocks without that robinhood hat in the u.s.

is remakes online trading that much easier and i think the u.s. regulator is going to have to run have a very close look at this just to make sure the thing just to make sure the risk management is done being particularly well why not don't thank you very much i'm so sorry that i have to leave it there with you we can talk about the south a very interesting topic thank you so much for appearing on the show today. well here in germany it's known by the english sounding term home office but working from the comfort of your own house was rare because as before the coronavirus pandemic however now the government here is trying to make it the rule not the exception. and working their way down. these civil engineers are exchanging pipes for gas water and sewage the berlin company flush on phone is working on the city's infrastructure. its offices are only half full these days employees have been alternating shifts since last march each of them works one day

in the office one day from home. what the company does not want to sample is to work exclusively. by a dozen also the workers depend on coming into the office for social reasons last year 6 months after employees began working from home we conducted a survey and it was clear they also wanted to come into the office and not just get things done from home so we got to the point where we're now saying we can't do more than this mission the company invested 15000 euros to equip its employees with laptops so they could take their work with them most companies have done the same so they could stay in business in spite of the pandemic. if you want to name our new let's say in the last 10 months businesses have invested heavily in order to enable telecommuting they've given their employees mobile devices they've invested

in infrastructure they've made sure that the i.t. was available so their employees could work from home. there is still hustle and bustle behind the walls of this town hall and berlin's district the administration's $2300.00 employees only a few regularly work from home citizen services still need to be provided. some of this work can be done from home using a laptop computer but there haven't been enough to go around. for fright now we've provided last tops to about 12 percent of our employees so they've had to share devices in order for us to be able to increase the number of those who can perform their work remotely. untied him officer who incurred. the district administration hopes to receive more laptops in the weeks ahead. businesses have little sympathy for letting more employees stay away from the office. developments on the political freedom of the government to show more respect to those businesses here that have indeed invested heavily and have already

trying to exhaust the possibilities for working from home we sometimes get the impression that the. this is are being blamed yet government administrations themselves are far from reaching the same level we're seeing in businesses vitamin d. live it us food fuel to name. the civil engineering company must cover its own costs for giving its workers high tech equipment it's not entitled to state support. bloodlines the us is holding its way to bring you more conservation. how do we make c. the screen or how can we protect habitats we can make a difference googling genius fundamental series of global sometimes a long t.w. and all mine. how does a virus spread. why do we panic and when we'll. see just 3 of the topics covered and the weekly radio show is called spectrum if you would

like any information on the clone of virus or any other science topic you should really check out our podcast you can get it wherever you get your podcast you can also find us at. science. this is a double news a shot coming up today a call for sanctions against china but its crackdown in hong kong. the jump and fall of a chair as a petition calling for stronger measures from the german government are also causing their daughter can politicians in france in due time for job sanctions plus . the hong kong politician facing life in prison just because he run for office is this the new reality on the national security.