have had a stunning effect in the neighboring state of louisiana the cypress tree growing in the louisiana swamp lands are always a feast for the audience and no exceptionally cold weather has left them under a canopy of ice so you news from no business is next with monica jones i'm sorry marsha thanks for watching. why are people forced to hide in trucks. there are many who said. there are many answers. and there are many stories.

make up your. w. made for mines. from hedge fund managers to the chief executives of reddit and to robin hoyt u.s. lawmakers grilled the parties involved in game stops recent wild drives trading spectacle also coming up commodity prices. is this super cycle we talk to an analyst and the aviation sector is facing 2 major challenges the pandemic and climate change we'll show you how innovations in biofuel could make aviation more sustainable. welcome to do that the business i want to johnsonville end good to

have you with us in the united states the c.e.o.'s of reddit and robin hood as well as some big name hedge fund managers have been facing a grilling from lawmakers over the recent wilde's trade in game stop. game stop stock in the companies surged 1600 percent in general before plummeting again all the volatility was driven by small scale retail investors getting together on online platforms reddit and robinhood to target shares professional investors were betting against until the online broker put a stop to the buying frenzy. retail investors took to the streets in january they would have kept buying game stop stock but overnight trading up robin hood froze purchases of game stop it was only possible to sell it robinhood boss vlad 10 f. defended the move in a hearing before congress saying it was necessary for technical reasons he denies

any collusion with hedge funds curators put the restrictions in place in an effort to increase regulatory deposit warmers. forms we don't answer the headphones we serve the millions of small investors use our platform every day to. this retail investor watch the hearing life i absolutely love it gives you access to the market so i want to prove. their standing. before going to any changes it's one of the biggest stock market scandals of all time on the online platform reddit small investors organize themselves and board shares in the faltering games provide a game stop while hedge funds were betting on the company's demise game stop share prices went through the roof only to collapse again hedge funds and small investors alike lost billions but who's to blame the reddit website operator denies any

responsibility. wall street that's maybe what sophomore or chaotic from the outside but the fact that we're here today means they've managed to raise important issues about fairness and opportunity and our financial system and probably it's relatively small it's the 1st time social media has moved markets with such power the evaluation of what happened has only just begun. fascinating story there for more on it let's bring in our financial market correspondent chelsea de laney in frankfurt and i hope she's there can see her can see ok she can obviously hear me as a chelsea if you can hear me one of the greatest stock market dramas of all time this is how could this happen. well the backdrop is that we've seen a really fundamental shift in markets over the past several years markets really since their inception have been dominated by these very elite professional institutions the goldman sachs the black rocks but we've seen technology really

change that so you have a whole swath of new trading apps like robin hood that have allowed everyone really people like me a new to begin trading and you also have social media platforms which have allowed these amateurs to come together and start coming together to discuss ideas and investors the amateur investors have been gaining power and game stop became really the. catalyst for them to show the world and what difference will this hearing make. i think that still remains to be seen one big discussion is how. trading apps like group like robin hood can do more to protect individual investors to protect the small investors but there's also just a question about potentially making the making more transparency for hedge funds as well and for increasing regulation on social media companies are really everyone is

in the line of fire. from food thank you so much. well staying with stocks and shares prices for commodities surging the likes of iron ore copper and nickel has soared following a pandemic slump early signs that the global economy could rebound faster than initially expected as field buying construction materials a highly sought after all too has risen sharply since the start of the year some analysts say that commodity prices could be entering a so-called super cycle meaning an extended boom in prices. let's hear more about this super cycle i'm joined by simon flowers he's the chairman and chief analyst of what macand see a large consultancy specializing in natural resources and commodities and he joins us from edinburgh good to have you with us 1st of all is this rise that we're seeing there in commodity prices a return to normal or are we really seeing the so-called super cycle good morning

moniker yeah it is partly a return to normal after the crisis but i don't really understand what's happening in 2021 so this year we're expecting global g.d.p. to jump on 4.3 percent now that would be equivalent of adding another german economy to the global economy this year and not speak strongly unusual so we see a big bones nichol of it and it's really good for commodities just was in this year a little bit is a little bit early to say is the start of a superstar. that's fascinating with with an additional german economy being there being added to the global economy especially also they have only been 4 of these so-called super cycles in the past century so far what are the ingredients in order to create such a super cycle. well you need strong consistent demand for commodities

the last super cycle was when china started to industrialise at the very beginning of this century and they raise demand for commodities across the board to a new level it's stretched supply of these commodities and therefore pushed prices up and pushed prices up a lot so we need sustained higher demand for commodity is now i think the 1st stage of what could be as super cycle is what we're going to see unfold through this year into next year as governments around the world stimulus to drive investment and lift the world i was the recession and as i say i think i could be the 1st stage at how is this supercycle if that's what it is going to impact the green transition i mean will there be one that's made in clean energy for infrastructure mobility answers and the likes. you know i think that's the main driver through time we're going to need a lot of investment in the green economy. to deliver the

carbon energy the solar wind the new technologies like electric vehicles suit them into the mass market green hydrogen all of these things and we'll see governments particularly e.u. which is leading the way start to set the scene to stimulate investment in these technologies and to meet that reduction of carbon emissions which is all which is what the big green investments all of iraq's we're going to need all commodities all or most commodities good outweighs particularly good for steel we can support infrastructure for the electrification is going to happen electrification also need a lower cost per for electric vehicles are going to need our money in all components as well and we may even find it pretty bullish for some of the fossil fuels bizarrely new gas is going to be a key part of the green economy right not to mention oil well all is an unusual one because there's been a lot of under-investment the last half decade in oil and we may be reaching

a squeeze point for oil where demand is still pretty high cause we need offer mobility is not going out of s. and that's part of the reason why we're seeing oil rallies are strong at the moment . is there from what i can see thank you president. well the aviation industry is in dire straits due to colvin it. says. severely impacted its earnings in 2020 pushing its deep into a net loss of more than $7000000000.00 euros euro plane maker airbus reports a full year net loss of also more than $1000000000.00 euros and the international air transportation association talks of the biggest shock the industry of air travel has ever experienced now the pandemic isn't the only crisis the sector is facing right now there's also climate change does the sector have the strength to deal with this challenge to ever see if told us that the european plane maker

stands ready to make aviation more sustainable we think that we have a huge opportunity on that front because by replacing old aircraft but new aircraft you can shoot for reductions in emissions to about 20 to 25 percent so that's very material on top of that you know starting really developing 0 emission aircraft without in this year 2 emissions including hydrogen technology so we want to be the pony on that front too and i think the combination of renewing renewal of fleets and then also in the longer term maybe the middle of next decade introducing the 1st hydrogen aircraft you can make a significant contribution to a lower carbon footprint and decouple position of the planet as chief financial officer domini there and he has a look at bio fuel impacting the aviation industry almost 7000 liters of aviation fuel have been pumped into the wind tanks of this cargo plane and they're not even have full yet the flight from frankfurt to shanghai in china is a long one but this flight is something special because the cargo subsidiary of

germany's largest airline tons or is operating this freighter c o 2 literally using bio kerosene. it's a plant based fuel that the c o 2. plane . emits 80 percent less greenhouse gases the problem is that the climate friendly fuel cost between $3.00 and $6.00 times more than normal jet fuel in spite of that many customers want to improve the carbon footprint left behind by transport like logistics company. c. s. every week. we also talked about this project.

for the project. for more than. working. for the future we are exploring. 100000 tonnes of. a drop in the ocean 300000000 metric tons that the worlds. so here's a quick recap of our top story because commodity prices are soaring and some investors

are already talking off a new super cycle as a business update here on d w at this hour you can always find out more now websites that stu w dot com slash business follow us on social media community and i'm going to end thanks for watching. nothing but sadness and anger for the past year. she was their son brother and. shot in the final terrorist attack along with other people on the move it's clear. the justice system the police are still feeling to provide.

we've got some tips for your bucket list. and your corner. forces. and some great cultural memorials to boot. we go. hello everyone and welcome to focus on europe with me conor dillon it's nice to be here with you today we begin with a pretty difficult story out of germany here a right wing terror is on the rise and just a year ago that fact was made clear in a her ific attack in the city of homs now there are a right wing extremist wandered through the city and deliberately killed.