because in a critical feeding tube economy were liberated. they had hoped for more security more freedom more dignity. have their hopes been fulfilled. 10 years after the arab spring. era bally and starts june 7th on d w. a crypto currency far far away from its all time hong kong was tumbling after china said financial institutions should not allow for the currency transactions and war vs against speculators trading enough to get more on that from our markets course also on the show more than 8 months without a single domestic to domestic over case but now the saudis and taiwan are

scrambling to get a spike in effect and as the north stream pipeline controversy over reports just biding administration is such a way of sanctions on one of the main russian companies behind because. i'm chris colfer welcome to the program bitcoin has plunged below $40000.00 for the 1st time in more than 3 months and is now lost 40 percent from its recent all time high the latest drop comes after a people's bank of china statement saying financial and payment institutions should not accept the currency is as payment buying and selling crypto has been banned in china since 2019 different breed had once been home to around 90 percent of the global trade in the sector. our financial correspondent conrad bosun has his eye on the market there conrad why is china doing this after all the countries powering most of the world's cryptocurrency money. well

chris officially this crackdown on the use of crypto currency by financial institutions in china has to do with the risks of speculative trading and the high volatility of such currencies you know you stand to lose a lot of money if you don't really pay good attention. not so official reason is probably that the authorities in china don't like the lack of control they have over such currencies at the moment the people's bank of china the reserve bank in china is launching its own crypto currency called the digital red bimby and it's likely that it wants to reduce some of the competition coming for its own state run cryptocurrency. come out it's not only a big call and it is on the pressure of other print the currency is are also facing significant pressure even before this ban on china the losses amount to hundreds of

billions of dollars what is behind all the. well 2 reasons really one is mosque and tesla who 1st said that they would accept because when asked payment for tesla cars just to reverse this decision shortly after among investors into a big con this was seen as a significant vote of no confidence for bitcoin reason number 2 is the speculation about a potential tapering of monetary policies in the us maybe even here in europe or a bit of a stricter monetary policy investors who have borrowed money to invest it into a big call and are now having 2nd thoughts on are those in frankfurt thank you. taiwan has raised its coronavirus alert level and tighten social distancing measures are just babbling is serious outbreak after having gone more than 8 months without any local kates the island countries also received 400000 covert vaccine

doses today from the kovacs program so far only one percent of taiwan's population has been vaccinated. hundreds of times when his soldiers are patrolling the streets of the capital taipei disinfecting subway stations and public facilities the government wants to quickly bring the latest infections under control before this outbreak it didn't think restrictions were necessary. the government hasn't been doing a good job lately keeping the coronavirus in check. and that's why we have this outbreak. of course i'm worried i hope taiwan can pull through this. taipei's want want to strict has been hardest hit stores restaurants and fitness studios there have had to close their doors schools are closed for the next few days and large gatherings prohibited panic buyers have already emptied taipei

supermarkets people here assume the outbreak originated in the districts popular to rooms. 600000 people are now in quarantine many undergoing additional testing to reduce the risk of infection but hardly anyone here has had a vaccination shot now the government is promising to ramp up its vaccination program. we will give the time when he's people access to domestically produced vaccines in the quickest way possible will ensure their safety and protect them this will also allow taiwan to return to normal as soon as possible. taiwan's ambitious aim is to make as soon as possible mean by the end of next week that's when g.m. needed. taipei when what impact is the current spike in cases having on livelihoods and business. so this is really unprecedented if we look at

a number of the past 4 days just a local just made a case is and how has never experienced this before so the government has already raised we're going to level out chill level 3 on saturday in taipei all clubs james bars were all shot down so this is definitely hurting domestic consumption such as retail for services and transportation and astri also companies have been urged to allow employees to work remotely for example taiwan's biggest chip maker t s m c it operates in separate teams starting today so the government is really working closely with in dust she's trying to minimize economic damage. taiwan's economy grew at its fastest pace in more than decade in the 1st quarter but the government says the current infection rate will have only limited impact on the economy is that realistic so if we look at the number in the 1st quarter

taiwan g.d.p. expanded over 8 percent year over year the strong growth came from surging demand for electronics and semiconductors driven by 5 g.n.p. pipe people working from home we're also seeing an increasing investment in chip making memory and in petrochemical sectors the government is more optimistic sister is still a very strong demands export demand from overseas where also seeing the u.s. and some you know opium conscious phoning in would definitely bring up the export numbers a solace that reagan's high why it's not affecting manufacturing production and impact on the economy will only be limited to dometic consumption so yes it's realistic for now the other years when julian taipei thank you thank you. now let's take a look at some of the other business stories making news our sales in the european union are recovering from a near standstill joined and i made new data shows that 862000 cars were sold in

april 3 times as much as a year earlier but still down from pre and demick numbers growth has been strongest in italy and france the european commission is voting in more unified taxation of companies across the bloc that includes measures that would make large multinationals publish their effective tax rates to ensure greater transparency that work tax regimes across the ears $27.00 member nations are struggling with large volumes of cross border trade. now the united states is expected to weigh sanctions on the company overseeing the construction of russia's nord stream to pipeline into germany that's according to reporting by axios last into running mostly parallel to the previously built more stream pipeline connects russia and germany via the baltic sea starting in the borg and leading to an already completed terminal in the german state of mecca and work rest on pomerania the united states or originally imposed sanctions claiming the

pipeline would make europe too dependent on russian gas deliveries not the u.s. government has not confirmed that sanctions would indeed be waived sources within the state department of or are quoted on plans to call for sanctions again it gets a handful of russian ships servicing the construction of the pipeline but not the corporate entity in charge of the project. let's get more on this from w.'s chief international editor richard walker has been following this story closely for a while now richard again this report is not confirmed but explain to us what could prompt such a change of course by washington. yeah i mean it really is a change of course is in a crystal for me that this is a clear sign of a sort of the escalation from the u.s. side and it is quite interesting because the biden administration so far as we absolutely adamant in its opposition to not stream to it says that it gives russia

simply too much leverage over energy in europe and as recently as this week and psni blinken the secretary of state said the same thing in a phone call with his german counterpart heiko months but the reporting indicates that the americans have realized that in order to stop this project which is 95 percent finished it really will have to push ahead with sanctions on german companies the sort of thing that could then down the road have an impact on german consumers and it's calculated that it simply doesn't want that level of confrontation with germany right now where it needs its alliance with germany in so many other areas now what's really interesting about this is that it really chimes in with our own reporting here in germany of the last few months you know the mood music that you're hearing from german officials was that they didn't think the americans really wanted to go this far and it seems they may be right richard

let's look at the details here the department of justice bradley wants to sanction a handful of russian ships involved in the project rather than the corporate entity entity in charge of it what difference does that make. you know what this is all about trying to limit the impact to rightly on germany so not stream to a g. the company or a fact sheet that is controlled by gazprom the russian energy giant but it has had german investors so this is all about trying to make sure that you know any sanctions that they don't go ahead with a targeted really on for instance these russian shipping companies that are being reported right now and into britain what does this mean for the project as a whole as you said it is almost completed. yeah well it's certainly you know please that little bit further but it's not totally just woods yet and look at the german election coming up in september this year the green party looked very likely to enter the german government and they are adamantly opposed to the north stream to postpone geopolitical but also climate change grounds so if there are any delays

pushing completion beyond that then it could be in for trouble too and then there's one other thing to consider the possibility that the pipeline gets completed but then germany uses it as a form of leverage impossible future disputes with russia that is something that's been mostly done that bluebell inside as a potential sort of compromise with the u.s. another thing to look out for which walker d.w. chief international editor for thank you and finally a german car technician is going back to the future making a business out of 6 and taking up the 980 s. classic delivery and sports car which of our origin only just wanted to own the stainless steel car which was made famous as a time machine in the classic back to the future flick a demand for the eighty's i come as high end parts are rare so used a 3 d. printer when he can't source originals the d.m.c. 12 cost the equivalent of 10000 euros when it was made but can fetch up to 7000

euros today. and here's a reminder of our top story at this hour it can plunge below $40000.00 for the 1st time in more than 3 months latest fall comes after china calls on financial institutions in the country to no longer allow came into. that social thanks for watching over selfless excess. the fight against the coronavirus pandemic. has the rate of infection in developing what does the latest research say. information and contacts the coronavirus update 19 spent. on t w. ready to go to the more extreme.

places in europe or smashing all the records stepping to the bench or. just don't lose your grip. it's the treasure map for the globe trotters discover some of the workers great sites. also in book form. is skepticism undermining the united states vaccination success story. about 250000000 doses have been administered so far. almost every 2nd american has received a shot in the arm a 3rd a fully vaccinated. but the pace is slowing which has experts worried.

bob or 6 percent to be the difference between you know really having protection. back to cases. without herd immunity it will be hard to stop a coronavirus from always making comebacks. officials say the sudden slowdown in vaccination rates and some americans refusing to get their 2nd shot in part about the side effects for hesitancy and skepticism is stubbornly high among republicans and white evangelical christians the more black americans are lining up for the jap. reports. there are over 30 vaccination sites in jackson mississippi a city of 160000 residents one of the locations is at the seats university site and chairs and a waiting staff to shape the city they have 250 doses of the vaccine available

today sometimes we have to waste and there's the shame because we know that there are many more people that need to be vaccinated the mississippi is last in the united states and cope with 1000 vaccinations only 26 percent of the state's population is fully vaccinated some have changed their mind but a vaccine hesitancy still poses a major problem i was very is that to put. everything kind of prayed about it and gave it some thought i feel like this was the most responsible thing to do we say for my family and people around me and i were going. to patients every day so. attacks on his health center dr chapman and her team offer daily vaccines for free with no apartment required but also at this site the traffic of patients remain slow we find in those off the. a lot of conservative weiss.

and then a lot of the minority young is not getting what you tried to just give them more and more education. even some health workers are hesitant like barbara patrick who eventually was convinced would you like to look down the fire or to. move forward as a health worker she was offered the vaccine in january but didn't want to be the 1st in line for one day and. it was not that i was into you know backs of nature but my has a to it was because i want to see what are all those will be factors. with every shot of the vaccine the risk of the spread returning dramatically decreases but this is still not enough the city of jackson has decided that if people don't attend the vaccination centers they are going to bring the vaccines into their communities. in a mobile clinic packed with vaccines and supplies the health workers strike 4 to 5

times a week to the suburbs the goal is to make it as convenient as possible for people to get their vaccine or have one. today it's a church after 2 hours only 2 members of the community come in to get their shots. i work at night and as we may become meaningful when we come in a community in a big show i can come in and take my i think. this time there 100 vaccine doses available a much needed 2 will and wanted around the globe but demand here is quite low some are still hasn't to there are some who have barriers like transportation we don't require a form so it makes it more convenient. but hesitancy is not only about come fenians maybe they're trying to use people of color to get the bags and to really do some research. that's one of the things even our 1st.

facts and statistics convinced her that this is the only way to reach. turned to normal also in their church. and let's bring in monica gandhi a professor of medicine at the university of california great to see you again since we spoke last time i don't know if things have really changed why why is there still so much as didn't see. resistance over this vexing you know i think there are 4 reasons and you just illustrated some of them one is in communities of color which additionally in the united states have had a mistrust of the medical system we have to work harder we have to work with communities to do the messaging church based messaging things that you just talked about the 2nd is distrust of the government and we're very polarized political country and right now this is being rolled out in the by administration even though it was made in the trump administration and that i think it's the reason the c.d.c.

said you don't wear masks after vaccination i think they're actually trying to motivate republicans right now that are not sure about it and then i think there are people who are just simply it inconvenient they will get it when they get it the young is among them and then i think people are waiting to see if it's safe and i do think we will get there but it's work it's hard work so what's the what the governments need to put in. so what president biden is committed to is the hope is july 4th 70 percent of people will have gotten the 1st dose change from a system where we have mass vaccination sites which we used to have and now going out into communities which you just illustrated so rural communities putting it in doctor's offices where people have trust in their physicians longstanding relationships they can talk to putting it in pharmacies so this is called a spoke model instead of the hub that going out to actual communities it's it's

california put in $33000000.00 just for this campaigns for people to educate each other this is actually no longer just putting up a site and hoping people will come now it's actually work to think about how to message differently and i actually think that's why the c.d.c. gave us this message that you can have a normal life after iraq no more mask i think they were trying to motivate dr anthony fauci says hold immunity is still somewhat of an elusive number can you be any more specific i mean that's what the aim is here with the vaccine isn't it. it is you know herd immunity in the traditional infectious disease definition i don't think is allusive what herd immunity means is that you get enough of the population vaccinated or immune by natural infection but hopefully vaccinated that anyone who's unvaccinated is protected by other people's immunity and what it's reflected

in is getting lower and lower cases with higher higher vaccination rates so that a child who can't get vaccinated is protected like they were in 2000 $1000.00 by very low cases when we look at israel when we look at the u.k. they have such low cases even as they're opening up with the 1st dose rate of 64 percent and 54 percent respectively and i think we'll get there we think that europe will get there you but i think you know he gets more of what what happens with all these countries ok what about the fact that every country is moving at a different pace south korea set a goal of reaching herd immunity by november but shipments have been slow german officials hope to unity by autumn but caution the disease will not have disappeared by then i mean isn't it just going to keep coming back and coming back because it will disappear in one part of the world and reappear elsewhere there's no doubt that global vaccine equity there is no doubt that getting that seem to poor

countries and places that need it is the only way to truly get a herd immunity absolutely it will keep on popping up in knots why there's nothing more urgent right now than to getting the whole world vaccinated this is unfortunate coronavirus happen but we actually have a tool that is not that expensive to get there what gives you heart just briefly that we can beat this superbug. what gives me hope is that there are 4 countries that are going fast as you know states is the 4th bahrain in israel and the u.k. are 12 and 3 and they are opening they're actually opening people are seeing each other and he says are staying low i also think the corner virus does not uti i know it seems like it mutates a lot because it was transmitting a lot but once we get the numbers down i don't think it's it doesn't mutate like influenza does this is an r.n.a. virus that has a very strict proofreading mechanism my hope is that these vaccines are incredibly

effective and we can get it if we all work together on a common thanks for being on the show again thank you. and it's that part of the show where our science correspondent there william senses your questions on the carotid virus. have been vaccinated and feel some side effects and i contagious to others. pretty much all of the vaccines approved so far and various parts of the world are are fairly reactive genet which means they often cause mild side effects like pain and swelling at the injection site as well as things like like fatigue or headache or fever or chills or aching joints by by some estimates about 2 thirds of all recipients report those sorts of effects soon after having a shot they generally disappear within

a day or 2 side effects appear to be more common in women than in men and also seem to happen more often in younger recipients then in the elderly but but side effects aren't caused by live virus replicating in your body because the vaccines in use don't actually contain any live virus instead they employ a number of different tricks to pull your immune system into believing you've caught the virus many vaccine platforms work by delivering genetic instructions into your cells that cause them to build sars kovi to proteins these harmless components teach your defenses to recognize the virus without really exposure to it the available chinese vaccines accomplish the same goal by using chemically and that debated or or disabled virus to put the immune system on red alert but but

because vaccines don't expose you to live virus they can't give you the disease hence you. can't be contagious assuming of course that you didn't catch 1000 for real from someone in the days between vaccination and the ramp up of your immune response the sometimes unpleasant vaccine side effects experts say are actually a kind of confirmation that your immune system is reacting as it should. by.

going. to iowa. or not to blow. the about assuring economists. that change in thinking is changing the economy to create something new.

economic magazine maybe in just. 30 minutes w. . because. when you combine michelle obama way that makes eco friendly transportation the berlin startup that recycles batteries from electric cars what you get are emissions free cargo bikes for women who live in the countryside. immobility for zimbabwe. cohen africa. d w. how does a virus spread. why do we panic and when we'll all miss them. just through the tax cover and the weekly radio plug. if you would like and the

information on the coronavirus or any other science topic you should really check out our podcast you can get it wherever you get your podcast you can also find us at twitter dot com look forward slash science. every day counts for us and for our planet. ideas is on its way to bring you more conservation. around to make see the screen. how can we protect our budgets. we can make a difference to. the line to use the environmental series in movies from 1000 on t.w. and on mine. this

is the w.'s right from the end this calls for an end to the conflict between israel and the palestinians krug the un is warning that the fighting has displaced more than $50000.00 palestinians in gaza also on the program. is morocco showing a lack of respect for the e.u. by failing to stop migrants crossing into spanish territory thousands of the

journey in recent days with many swimming across only to be sent back. france's cafes.