dorman 21 to advance to the next round dortmund scored early in the match but in the 2nd half man city were too much to handle man city's phil foden netted the go ahead goal dortmund were the last german team left in the tournament also on wednesday real madrid liverpool to a goal a straw. you have to think. why subscribe to d.w. books you mean your favorite writer living in china like to see myself as the kid sky in the strange grown up world do you know where your books are due to. the fight against the coronavirus pandemic. has the rate of infection been developing.

measures are being taken. what does the latest research say. information and context. the coronavirus of data the coded special monday to friday on w. coinbase to the master by storm the crypto currency exchange made a scorching stock market to debut in new york with analysts hating the i.p.o. as a watershed event for the crypto industry also coming up judgment day for turkey's new central bank chief will he fulfilled president add one switch for low interest rates we talked a while correspondent in istanbul. time to german businesses hope encrypted tracking and tracing with a new look at will soon end to the need of lockdowns. welcome to do

business i want to jones of berlin good to have you with us now it was a highly anticipated i.p.o. and it didn't disappoint crypto currency exchange coin base made a dramatic stock market debut on the nasdaq amid a frenzied interest in bed quiet and other virtual currencies. surged on its 1st day of trading its market value at times topping $100000000000.00 that makes it the largest i.p.o. since facebook in 2012 while some analysts hate it as a watershed event for the trip to industry of us warned of a potential bubble as wall street correspondent quarter gave us his view it was a good start for a coin base at the u.s. stock markets to stock up by a good 30 percent bringing it to a market valuation of around $85000000000.00 at some point this company was even worse a good $1100000000000.00 bringing that into

a leak with companies like general electric goldman sachs or black rock clearly there are also some risks in the voles good 90 percent of revenue actually comes from fees so what would happen if the thirst for bitcoins for example could be cooling off a bit so that could actually hit the company also central banks have been quite critical or regulation could be a topic and then also competition for example could try to enter the marketplace and bring those fees to 0 dollars so all of those are definitely potential risk but at least on the 1st day of trading investors we're not focusing too much on those so as he has caught a now europe was watching this i.p.o. of course and chelsea delaney is standing by for us at the friends of stock exchange chelsea is this i.p.o. a game changer for the crypt industry. well it's definitely

some people have called it a graduation day for the crypto currency market currencies have been really viewed by a lot still as as a nice market but it is going more and more mainstream and the success of the coin biggest i.p.o. certainly shows that this is an i.p.o. that will rank among facebook air b.n. b. some of these really big tech giants so it was really a success for coinbase but of course. this is a company that has a lot of risk it's its fate is really tied with out of bitcoin which remains extremely volatile so while investors were very very interested in this it's going to be a roller coaster ok given that is going to be a roller coaster but on the other hand also creating such a buzz is that anything similar in science in europe. well europe is also moving more and more towards cryptocurrency as more and more people are investing more and more institutional investors are looking at this at this market

as well but. europe is still far behind in terms of adoption so there are some companies that are becoming bigger and bigger and cryptocurrency is here one is in austria an austrian firm that recently was valued at $1000000000.00 but i think europe still has a ways to go to catch up with the us. from food to thank you so much. to turkey now where curfew is on lockdown sway on an already ailing economy as a turkish lira plunged to almost record levels up to president and one fired his 3rd central bank chief in 2 years to install a light minded critic of high interest rates a rate decision. restaurant manager touches at his wit's end the lockdown forced him to shut his business with its 15 employees for months and now into ramadan as well because of rising coronavirus infection numbers to make

matters worse inflation is running at a rate of 16 percent per month and. we wanted to invest but we weren't able to we were too afraid we don't trust the economy because we don't know what will happen tomorrow because there is despair and insecurity. here a lot of turks have lost faith in their economy many are unemployed and can barely afford anything as a lier as value plummets shopkeepers and bakers are forced to constantly raise their prices flour and other ingredients are becoming more expensive by the day the pandemic has also kept tourists away which for many was their main source of income . my pockets are empty of course the crisis affected me we have no money there's no economy there's no plan for improving the situation they say they have a plan but i don't see it. the economic situation has affected me i lost my job

during the pandemic like so many people here i've been unemployed for about 4 to 5 months now there's i earn about $300.00 a month that's about the minimum wage and we're seeing 30 to 40 percent inflation i've been working the minimum wage for years. the president rigid thai of air to want has long promised to boost the economy and get inflation back under control but with that ambition looking rather hollow in march he replaced his. central bank chief in just 2 years we are determined to bring the rising inflation back to single digits we will succeed. but that wasn't the 1st time heir to one proclaims that and the situation still hasn't improved will his new central bank chief really be the game changer everyone hopes for. that's exactly the question i would like to ask our correspondent in istanbul yulia han so president at one seems to believe. late decision will fix the problems with the

economy so will the new central bank chief cut rates today well that's what he is up to many say but probably not today money managers expect her keys a new central bank a mystic gilo to hold the key interest rate steady this month in order to maintain what's left of investor confidence he faces a tough balancing act he must fix the ailing economy and win back foreign investors while keeping president happy as you mentioned everyone has the unorthodox view that high interest rates cause inflation instead of slowing it down and if you recall what happened to the last central bank governor well respected market friendly man he had hiked the interest rates and was fired a day later by ed one after just 4 months on the job this has really left the credibility of the bank in tatters it had shocked foreign investors they pulled out

a large amounts of money from tokyo stocks and local currency bonds but let me also add the current new central bank is a former lawmaker of edwin's ruling a.k.p. he seems to share add once an orthodox views of the economy and that's why many expect him to go for a rate cut eventually but sometime later this year so you mentioned the un also ducks in view of decisions there would lower rates be good for the turkish economy . well foreign investors say it would be a disastrous move because it would make many problems of the turkish economy worse 1st and foremost inflation as you mentioned the inflation right to claim to claim climbed to more than 16 percent in march many turks think the actual rate is much higher they feel it at every trip to the market because basic food items got to more and more expensive rice vegetables sunflower oil eggs many people also

tell me they don't know how to pay their next rent or their electricity bill more than 25 percent of young people here in the country have no job and what i really notice is that people are not only frustrated or desperate but they have lost hope they have completely lost trust in the economic and fiscal management of the country and that certainly also weighs on the president popularity is something that we will explore another time you were there reporting for us from istanbul thank you so much. here in germany 3000 traders and to restaurateurs are calling for a new approach to the country's pandemic policies they are banking on a new and crypted called luca which they hope will soon end the need for lock downs data activists however warn off security flaws but business owners on were interested in the prospect of finally opening up again. for months most of an order

one has only been allowed to sell food and drink to go only alcohol free beverages are allowed to be consumed here immediately. and he's longing to at least open up his terrace to customers again. greatest which of course is to open up completely again with distancing with all the hygiene measures he's hoping a simplified track and trace system will make that possible until now his guests had to fill out a form in which they often gave false names and telephone numbers. that won't be possible with the new look at which is being deployed in berlin to keep track of covert 19 infections a user registers with the out which gives them an encrypted q.r. code user scan their q.r. code when they enter a business which the business owner can't decode it. it's absolutely brilliant that's exactly what we have to have. in the clear my guess they're in the clear we're all taken care of something comes up the health office knows about it

immediately. or it can be followed up more easily it's great that. in the event a restaurant guest or shop customer test positive the person concerned transmits their checking data to the responsible public health office only its staff can decipher the data and call up the encoded data from affected locations. the app was devised by bell in startups news in you know and culture for life. we could see the some catching up to do because so far it involved comparing whole excel tables and phoning around manually so lots and lots of time was being lost and those affected could have been informed much earlier that the process we've digitalized. cultural institutions were among the 1st to demand the up including some renowned german bands but competing at developers think the hype surrounding luca is unfounded and

say its data security is substandard. i think the central plank of the criticism which upsets many people the most is centralized data storage. and we want to avoid that. with our solution to data storage is decentralized via the different up providers. data protection activists a decentralized data storage is less vulnerable to hack attacks and abuse and they also point to security loopholes it'll take some time before all doubts are dispelled and all public health departments are connected with luka but anyway with few exceptions lockdowns means there's not much prospect of it being any use for some time so most of i will also have to bide his time until he once again serve his mediterranean speciality in house. even though the state of poland has just signed a 1200000 euro contract with fluke americas. and

a quick reminder of the top story this. crypto currency exchange client base was off to a strong start to gaining over 30 percent on its 1st day off trading and instantly becoming one of the most valuable companies of its kind that's the risks for investors to. its business update at this hour thanks for watching. the illusions which you know i just think our simply going to any and mark to make products into some plastic and together we can make the world a little bit better. by playing as an advertising strategy. behind this or is it just greenwashing. the closer much. of the. time you. use crime fighters are back to africa's most successful radio drama

series continues here in the only disowns are available online course you can share and discuss on w africa's facebook and other social media platforms crime fighters tune in no. we humans can be very inconsistent we demand the most exotic of holiday destinations expected to be unspoiled but don't put much thought into the carbon footprint of our flight halfway around the globe a mate of mine is headed for the tropical paradise of the boulder is chosen an island a little further away from the capital to avoid seeing the plumes.