i've got to chalk up today to brant goff will have more world news of the top our business with a gentle duel is next a good. ending puzzle yourself it's not easy to go to another country you know nothing about the wife of a young do this because we can't stay on venezuela. the support that. closely global news that matters d.w. made for mines. every journey begins with the 1st step and every language the 1st word i'm going to conclude nico case in germany.

why not learn with him for. the chefs it's simple mind on your mobile and for e. t w z learning course. german made easy. 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 start caus it stopped wall street short sellers are sitting on estimated losses of close to $80000000000.00 after

a coordinated attack by reddit user. this is the w. business i'm joined now the one in berlin glad you can join us. transparency international has once again ranked 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 girl in a virus 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 with 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 the u.s. 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 at transparency international which compiled this report thank you very much for joining us mr are corrupt officials in africa taking advantage of the pandemic. well i mean that's that's really a really difficult question time whether i can say is that unfortunately there are thoughts of the correction especially and that change a very bleak picture of an action against corruption and africa sub-saharan africa where the unfortunate yet again at the bottom of it and takes now what this means is that governments need to take very defensive action as soon as now to

ensure that they can in means which have been ravished by the hope at 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 being to make sure that they take action against that if they don't want to it's will be lost to scoop it would you say that the coronavirus pandemic has altered perceptions of people in terms of how corrupt their countries are. i would say that i've had i think we find ourselves in the situation where psyche is very well. citizens are more than ever holding how it's to account in so many incidences of waste around the pandemic and you play really very in the way 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 it depends if it's a perception and take the c.p.i. or the perception and depth which means that we really collect data from business and that's more than every anything else expense around and corruption. and yes and the like so it's a very possession of what. that actual corruption is. a coupe de from transparency international and 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 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 well 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 hughes and chief market analyst at c.m.c. markets joins us now welcome michael is this still the case of wall streeters getting beaten at their own game i would certainly say that i mean i think when you look at hedge funds. going to getting. short selling short selling squeeze and sort of poetic justice but i think what it also highlights the risks. roy is from show selling in and alternately you know this is not a new phenomenon you know short selling is a great common 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 and the shares 100 percent of the share float was proposed by silly out on offer and what you saw here was some very 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 had funds to ordinary people i wouldn't necessarily say no i mean obviously that's the way that it's pointed you know 9th street gives goose street a bloody nose it's a great headline does it actually mean that ultimately what's happened here is that you've you found a whole host of 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 it's why that is why that is sort of panned

out is it is panned out on social media on full view. of the world price and the world's tribes 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 with this so what do you think this is a fad or. should institutional investors be worried of an ongoing threat from individual traders. no i don't think they needed to 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 out views as long as it's done responsibly and i think this is where i have some concerns certainly 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 might not help trade is could actually get caught up in the pack now so since you mention regulations i have to ask this kind of trading is impossible to regulate they're not institutional investors now 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 barriers 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 the robin hood 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 i think just to make sure the risk management is done being particularly well and not on 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 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 fish 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 but the company does not want to start to work exclusively. 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 a new let's say in the last 10 months businesses have invested heavily in order to enable tele community 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 included. 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. given when they're pretty we need 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 businesses are being blamed yet government administrations themselves are far from reaching the same level we're seeing in businesses by vitamin d. i'm livid a soon few to name is in the civil engineering company must cover its own costs for giving its workers high tech equipment it's not entitled to state support because the coronavirus hasn't significantly impacted its bottom line. to the point strong opinions clear positions international perspectives. a real threat to bloody may have hooted down some commentary to see the kremlin's of korea's new scrutiny colleagues are now founding so who is here a courageous and charismatic opposition leader or an opportunist fighting a personal vendetta find out only to the point right to the point. which is 60 minutes on d w. w's crime fighters are back with africa's most successful radio

drama series continues in the all of us odes are available online course you can share and discuss on w. africa's facebook page and other social media platforms crime fighter 2 min now. this is state of the news africa on the program today the long waits for africa's kovac 19 vaccines rolled out mass spec's the nation hasn't started on the continent 2 months since vaccines were approved leaders from africa have refused to wealthy nations for engaging in what they call vaccine nationalism we have an exclusive interview with the u.n. .