i didn't say but my dad and people that come before me done a great job to get a position that aids took a racist out of some of the dinosaur things i can speak on my boat super league clubs learning a lesson that it's never a good look to have fans coaches and players rooting against club bosses and owners . watching d.w. news business is up next with stephen beardsley i'm terry larson thanks for watching. come on. people have to say matters to us. that's why you see the stories reporter every weekend on d w. w's crime fighters are back africa's most successful radio drama series continues this season the stories focus on hate speech cholera prevention

and sustainable charcoal production. all of us odes are available online and of course you can share and discuss on africa's facebook page and other social media platforms. crime fighters tune in now. plans for a super league are in super shambles english football clubs part of the unprecedented effort to further commercialize the game as fans revolt look at what that could mean for the business side of football. also on the show chinese leader xi jinping renews his criticisms of what he calls a one sided international rules system at an economic forum in hina. shamsi beardsley in berlin welcome to the show for the breakaway european super league project lays in tatters after all 6 english premier league clubs involved quit 48

hours after agreeing to join italian and spanish teams in the new elite football competition. the fans like here outside chelsea stadium celebrated their clubs announcing it would leave the super league which is backed by billions of euros of investment capital a us bank j.p. morgan super league organizers say they are now focusing on efforts to reshape the project a project that not just fans but many trainers and even football managers disapprove of with just. you know the share price for how the. you know we are. ok he reminded people about. a competition to exist the consequences exist on the pitch and you call them right from trying systems and in europe. it's impossible. because it goes against

everything. that's good our financial correspondent frankfurt osh kosh hyundai for more. fascinating stuff what's going on here this suggests that fans see this much differently than investors would. well absolutely yes so what are investors looking at they see a product like super league and this evolve stop there is the likes of macy's that . there would be immediate cash injection for the struggling clubs that's again a major check then of potentially a better broadcasting deal to all check so that's the reason why they poured in their investments in this in actually bad this league so that we saw the shares in you meant is that manchester united actually saw 4 following this announcement but fans see it differently they are more interested in the game that is played on the pitch and not in the boardroom that passionate about the game and that's the reason why they saw the super league as driven by money and greed rather than in the

interest of the game in hindsight was it worth risking that fan alienation for such a considerable upside in terms of investment money. let's even go to see that it comes in the backdrop of the pandemic which has actually caused millions in losses for these clubs just like for many businesses all around the world they have played in front of empty. empty crowds empty stadiums in the other so they've actually suffered losses. these clubs like manchester city ac milan into milan they've all been good hundreds of millions of losses i mean losses that are more than 100000000 so they were really really looking forward to this cash injection that would have helped them but in the long term also they were actually looking at a more stable it either way they are not eager to share the returns that best power brings with smaller clubs or any intermediary and this super league would have actually gather indeed

a place to play in the premier league that is the super league in the premier league they would have got a guaranteed place which is not the case right now are a good thing see where this goes from here i think is always in frankfurt. you know some of the other business stories making headlines around the world. shares and netflix tumbled 12 percent in after hours trading that's after the company missed its subscriber growth target for the last quarter investors ignore the company's huge leap in revenue after raising prices last year that will explain pandemic related production delays for what it calls a quote lighter content slate than usual. the e.u. will impose a 56 percent import tariff on harley-davidson motorcycles from the u.s. the move is part of a trade dispute started by the trump administration in 2018 the company says it legally challenge the measure which is due to take effect in june. production of

russia sputnik the coronavirus vaccine has begun in argentina that according to christian officials argentina has been struggling to get coated 1000 case numbers down the government recently tightened pandemic restrictions in and around the capital by those areas to contain an outbreak there. denmark's downscale bank is facing a lawsuit filed by the us and an agency that manages retirement savings for federal employees they're suing the lender for its involvement in a major money laundering scandal the parties are claiming one point $62000000.00 the figure could also rise of stanley. to china where leader xi jinping reiterated calls for international cooperation of what he branded one side rulemaking remarks made as tensions between beijing and washington grow over trade and human rights abuses as she spoke tuesday at the bow out forum for asia as a gathering of politicians business leaders and scholars organized by china called for wider trade liberalization and criticised efforts to cool to wall off global

commerce speech comes amid renewed u.s. efforts to galvanize allies to taking a tougher stance against washington. and here's where president she said these that we must not let the rule set by one or a few countries be imposed on others or allow unilateral unilateralism rather difficult where there pursued by certain countries to set the pace for the whole world. or for more on this i'm joined by you to be correspondent type aid so it's on hand so good to see you as always these criticisms by she aren't necessarily new so what should we take away from the speech at the ball for. it is a clear message to the u.s. before the 2 leaders meet at the biotin that climate summit tomorrow without naming any country she's been criticized there in countries as you mentioned his speech is also see the response to reason collaboration of the u.s. and japan and the quad at the same time he firmly restate it the importance of the

bail and roll initiated and green development saying that china will continue to promote trade and investment locally and globally and of course they didn't forget to talk about the cheap one of china's of athene diplomacy so basically before the summit he's telling the u.s. don't belittle in us if you want to work with us all right so very pointed message the muscle flexing they're also interesting was that among the audience for the speech were some major u.s. business leaders getting that was also a very not subtle reminder of u.s. china ties. well apple's tim cook at tesla blackstone stephens wants men and a bridgewater's raid will word their listening to. china it wanted to use this opportunity to show that while comes all foreign investment into the country and it does so many foreign businesses have to grab this opportunity when that in the investment china is searching this year with the amount of actual foreign investment used in china in the 1st 3 months of 2021 up nearly 40 percent year on

year but let's not forget about nike and adidas boycott overseen jones cotton controversy that clearly they won't tolerate companies which bite the hand that feeds them are growing as an issue between china and investors so i want to ask you the climate has been seen as an area of cooperation with a few areas of cooperation perhaps between the u.s. and china did you get any sense of that from the speech. or nothing much was said but they foresee stitch china and the united states issue a joint statement on dressing the climate crisis and it is said that john kerry went to china to persuade him to attend the climate summit and just this morning she has confirmed his attendance so i guess actions speak louder than words here or so it's on han from taipei always a pleasure. artificial intelligence is a term that for some can still be

a bit frightening for many businesses around the world even smaller ones it's become a part of daily life a way to comb through the un and understand vast amounts of information to optimize or get better results now ai's are screwed by e.u. lawmakers and businesses are wondering what that will mean for them. to fishel until it gets it's a poorly understood phenomenon which is a cause of concern for me. but not him. p.s. shuttle is the founder of the belgian startup x. bioethics together with his team he's developing a revolutionary form of prosthetics with the help of ai what is clearly seen here is that the joint is being articulate that you can see that walking it changes it the priest is just going to adopt to the grounds they're walking on in a natural way like a natural foot with. sophisticated probiotics and smart software let this prestige this adapt instantaneously to its environment whereas

a traditional fake limb would limit the person wearing it walking on different kinds of terrain here becomes much easier in areas such as energy agriculture and medicine artificial intelligence is playing a bigger and bigger role regulation so far has been limited but if you commission president chose to change this and to bring about the blocks 1st regulatory framework on a i. certain forms of surveillance and technologies used to manipulate people will be banned others regulated but it's not all restrictions the european commission aims to deepen the collaboration between member states in the development and implementation of ai technologies that. technologies are intertwined with many aspects of our lives already hunts to cancun manages the ai experience center and innovation hub of the brussels free university tells us while regulation is

necessary to make sure what machines learn is ethical and follows human values the count believes the collaboration efforts envisioned in the framework are likely to help smaller industries in their digital transformation and perhaps turn the e.u. into a role model in india in the west and in the east are looking towards europe and are really looking forward to actually have this framework there as an example and to see how the disk and work and how the regulatory framework between. the public goods and profit goods find a way to have more responsible innovation. prosthetics develop hell is not sure yet how these new laws will impact his business but he remains optimistic that people will recognize the benefits and opportunities of artificial intelligence. all right here's a reminder of our top stories today. the breakaway european super league project is

in tatters after all 6 english premier league clubs involved quit at a mere 48 hours after agreeing to join italian and spanish teams in the new elite football competition the super league which would have marks a vast virtualization of the game in europe spent by billions of years of investment capital by u.s. bank cheapie morgan. chinese leader xi jinping reiterated his calls for international cooperation and criticism of what he brands one sided will make it he spoke tuesday at the bow wow forum for asia it's a gathering of politicians business leaders and scholars that's organized by china she called for wider trade liberal liberalization and criticised efforts to wall off global commerce. all right that's it for me and the business team here as always you can find out more about these and other business stories on our web site that's dot com slash business also on facebook and twitter

we hope to see you soon thanks for watching take care. of. this it's crashing down and finally being of that kind of pandemic. migrant workers not only do they use their wages to support their families. also supporting the local economy in their home country the community is in help ensure that their families the combinatoric in china clinton. next up t.w. . there i'm david m.

business climate change. happiness in 3 books. for you to. get smarter birth free. welcome to global street thousands. of money the means to survive we find out what's changed during the pandemic the challenges faced by migrant workers in india returning to rule areas. in germany romania and wet because of fighting for their rights in.