and p.s.g. came back with a hat trick from pay and another goal from ted. just reminder the top story we're following for you here today on t.v. news protesters in myanmar have been gathering for what some of the some say could be the biggest as he can you demonstrate yet but the u.n. warns reports of troop buildup could mean aircraft fell by the military as ever. so nice for now business is up next with monica and turning marty thanks. to. those who use crime fighters are back africa's most successful radio drama series continues from the whole episode are available online and of course you can share and discuss on w. africa's facebook page and other social media platforms crime fighters to mindanao

. the finding against the corona virus pandemic. the rate of infection been developing. measures are being taken. what does the latest research say. information and context. the coronavirus up to the code that seems crucial monday to friday on. digital currencies ah the next big thing is bates calling hitting one record after the next central banks don't want to be left out we go to type paid for more also coming up a really costly mistake for 60 groups the fountain concert gets back $500000000.00 it mistake to me. like i'm to be

a business i want to get to the end good to have you with us and it kind has done it to. again the cryptocurrency had another record soaring above $50000.00 u.s. dollars for the 1st time bitcoin has jumped nearly 75 percent this year after heavyweight companies back to the world's most popular virtual coin electric vehicle make a test recently invested in bitcoin well both u.s. investment banks morgan stanley and j.p. morgan are said to be interested well no one the central banks around the world pricking up there isn't trying to follow suit in fact digital currencies it seems are the next big thing china has started large scale trials on the one this year instead of little red paper envelopes in beijing those were given cash in digital form full moon a new year presence on this model phones china is pushing hard for a digital one it's electronic currency may have

a big impact on the global economy europe and the u.s. is also looking at central bank of digital currency what are these new payment forms and why are central banks creating them. well that's what i'm going to ask the correspondent now. good morning to you so let's let's stay in the region a lot of asian countries including cambodia cetera then out experimenting with digital currencies which one of those do you think has the biggest potential. it's definitely china since last april beijing has conducted this internal closed the pilot test on is digital currency in 4 major cities including beijing if we take a visit to this pilot areas we'll see new devices with also many new functions for example like access through a.t.m. and this card based rechargeable hardware digital wallet and also virtual digital

wallet and add to the future a winter olympic scenes we can also find wearable devices like this cloves badges and smart watches with digital currency functions so if we look at the scale and the progress it's really hard for other countries to catch up right i mean i've said at the beginning of course that dissent with banks around the world in the us in europe is well girl looking at creating their own digital currencies but is a big thing it seems in asia how significant are digit currencies especially for emerging economies well it's a matter of a monetary is the rate of the if a country has a strong currency it has a great ability to impact the global economy let's take china for example again its push for is to digital un is to achieve its ambition to internationalize its

currency and this will very likely pose a challenge to occur in the global reserve currency system so if other countries they don't play the game they might lose current to strength or even be excluded from future financial system now you mentioned china at the beginning into beijing's week long trial with a digital one ends today what impact could a successful digital one have on the global economy. well on the impact of the pen down at the china successful trials far to improve money the access to money and merchants complementing cash when social distancing is required and a step in and new way for public funding programs and the from. examples we can probably expect the other countries will also use digital currency system allayed their economy and help their recovery so hounsou in taipei thank you

so much. business owner well that isn't a title many 14 year olds can claim but davao it's one she's been wearing since the age of 11 the australian teenager says her company is an indigenous themed closing line but it's in small 1st into a much more expensive venture take a look when 14 year old packs mail orders with their product she's the boss she founded her own mail order company at the age of 11 really anything is it no matter who you are what an age like what gender. you can do it her brand. started out as an indigenous fashion line now to house where and excess arrays from candles to wallets.

different. with the rest of australia black and white you know indigenous and non-indigenous and the pro fall and the coverage and the success that she's had for me immensely perhaps. noticed that more and more success brought more and more responsibility with it it can be pretty crazy sometimes because it's like sometimes i have to do stuff to help out with the business or the car really just to hang out with my friends i feel like a lot of people usually just overlook indigenous businesses so for me to be where i am is just crazy and i think it's really good because i'm also spreading a lot of valuable information about indigenous people. for doing business is not just about making a profit it's also about expressing and representing indigenous culture.

i'm glad this didn't happen to me us banking giant citi group cannot recruit around half a $1000000000.00 it had mistakenly trance that's the ruling of a judge in new york the money initially of 900000000 dollars was a loan on behalf of resident citibank accidentally repaid the full loan to investors and hedge funds 3 years earlier when the bank was actually trying to make an interest payment of just around $8000000.00 some creditors paid the money back others apparently didn't and they don't have to and for more i'm joined now by chelsea delaney in frankfurt chelsea 1st of all how can such a mistake happen. well the judge who ruled on this case called one of the biggest banking blunders and history and city for their part is blaming human error so some city employees in new york apparently got confused about the amounts that needed to pay out but what this court case really came down to was whether the

winders had really an idea of whether the city actually meant to do this and what the judge said and his. decision was that to believe that citibank one of the most sophisticated financial institutions in the world could make a mistake to the tune of nearly $1000000000.00 would have been borderline irrational so clearly a huge mistake and this is put a lot more pressure on citi group they actually were fined 400000000 dollars by regulators and in new york for making a mistake this large right there a very briefly chelsea but who is gloating definitely but lenders and we had already seen the relationship between revlon lenders and the cosmetic companies really sour they were actually talking about suing them so now that they have gotten this payment prematurely it's been a bit of a blessing for them joe's ability in front quite an interesting story they think is the. time now for

a look at some of the other business stories making news. cryptocurrency bitcoin source about a $50000.00 for the 1st time it has jumped nearly 75 percent this year after heavyweight companies back to the world's most popular virtual coin electric vehicle make a tesla recently invested in big coin while those u.s. investment banks morgan stanley and j.p. morgan are said to be interested in. australian news outlets channel 7 and channel 9 a strike in licensing deals with tech giant google to pay for regional journalistic content can be raised to introduce a north forcing internet companies to pay media companies for content treasurer josh frydenberg said the law was an historic moment and the world's 1st. in a conference call with german economy minister peter altmire the retail tourism and hospitality industry said they are unhappy with the lockdown measures and that state support has been paid out fast enough 65 percent of retailers in city centers

and a quarter of tourism operators face bankruptcy but insists it will expand state's accord and create a hardship fund. the czech republic has one of the highest coping 1000 infection rates in europe with a high number of coronavirus variance the government there has just imposed a new state of emergency to curb the spread of the virus and since sunday coronavirus inspections have been in place at the german czech border making life harder for commuters and business. there haven't been border controls near the german city of for years until last sunday truck drivers now need to present a negative coronavirus test and register electronically before they're allowed to cross into germany this driver's truck isn't registered he has to drive his 40 ton larrie back to the czech republic about a 3rd of trucks have been turned away. the next driver has everything he needs

a negative covert 1000 test and the electronic registration on his smartphone. the border controls are now in position according to the spokesperson for city house chamber of commerce like most people in the business world he can't keep up with all the new covert regulations. we follow the new regulations on a daily and hourly basis. and i have to say honestly that we're no longer in a position to competently inform our business community about the current situation we have to reckon with the changes every hour and that becomes a burden that. is. showing an agreement did away with border controls within the e.u. with few exceptions the czech republic signed up to it in 2007 southeastern germany is now closely interwoven economically with its neighbor firms like the plastic

concept company on the german side of the border it makes plastic parts for cars but the coronavirus restrictions mean chief executive. is now missing 10 of his employees from the czech republic the company prides itself on prompts delivery but its production line is now ground to a halt hitting the entire delivery chain. doesn't happen because of these delivery schedules are binding and we have to deliver for our customers otherwise they're on the line stoppages and there are 820230000 employees at b.m.w. and porsche waiting for our parts he only has 2 days to find new employees he might be able to hire some temporary workers but is missing check workers are still. that means we're not working economically becoming an efficient our people have been with us for years and have skill levels we can't easily replace. if the

coronavirus border controls remain in place for a long they could wreck the painstakingly developed economic ties between germany and the czech republic. and business update here. at this hour for more as always you can check out our website at www dot com slash business or you. follow us on social media for me the team here in berlin thanks for watching. a different culture that's exactly what mexico's largest strawberry farming area has created. better water management and sustainable farming methods. not only does this protect the environment it also creates jobs and provides

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