me to come to germany. ah, man, i got my license to work as this morning instructor here on dish and now i teach children. don't worry. what's your story? take part serious on info migrant. ah. the judge. oh. right. the the, the the legal rising stars. the young, hungry and in the fast lane to the very tell the story

. now, another record you used to send the corporal 16 years young and already at home on the big stains home. look at that. people were always saying i was good, but i never believed it love matthew, hoping that the deepens, just striking effects. that story from shock has season for me everything, everything seems so humbly starting to see. let's get some pat, formerly referred to as the tendency to when does he go by still berlin december 18th, 2020 was the day when the stadium and i 1st saw history made the

when it was issues. fairytale with the 1st chapter already completed in reco. it's telling me that go that when you missed the ages, but it was the only demonstration of his talent that day. dorman, head coach at the time, a didn't have that new. they had a red gym on their hands. van, you wouldn't increase showed his quality today and also his potential. obviously he can guess a lot better. yes. i will try to take him as close as possible for his limit tonight. get on to you super mckoko was deployed by dormant of the earliest

opportunity. he took his bundles league about just the day after he turned 16, and it was by no means too soon, according to his teammates. somebody's estimate. he's a really good football. just physically advance through age, which occasionally happens that youth level. someone dominates only because they're 2 or 3 years ahead. he's simply a good footballer. he does a lot of things, rides in place, intelligently until again, integrated in the squad of a top club 6 years after staying on the grounds page for the 1st time. that was with st county in hamburg. i bought, i started without any football boots. after 3 weeks training, my dad got me a pass. his coach is to in china, remembers used to fit the 1st day. it's probably because all to come up with an old and he's booth skim, and i think i had to borrow another place and some of the rest of the bas kit from

the club. but his group weren't at the training ground right then. so we decided to let him train with an older group. i mean, but in the midst, when you left him with that began his remarkable rise to him. camry union street, reco, breaking league. if it was a work of fiction, you'd be hard to believe me. the rena, in january 2021 chalka, were immersed in the deepest crisis in decades. the bottom of the table and on 30 games without a win. just one shy of the longest run ever in the legal against hope and time. it wasn't just 3 points that stake little so the owner of this crowd, traditional workers club bouncing up front for them to then largely unknown 19 year old american prospect. matthew,

i think the whole team knew was it was at stake. i was nervous, but i try not to focus on that. i just had to focus on the task a hand with that backs firmly to the wall. moving 9000 kilometers away in california. matthew family were about to witness him, right. a bit of legal history. ah, ah, now the counter taxes shall keep pace and hope in fish. there's a younger face today, just fine. you get a wife and i, we watch the game and you know the adrenalin is going and then he gets a goal. it's like, oh lord jesus, you know, he got a goal, but it was, it was just so beautiful of a goal, right? like last hour. so good. and then a little bit later, you know,

get another, go. i'm healthy. what do i do show and then all of a sudden the me hurry, slips in the box. looks messy. that it she proof this just re patrick. right. like oh right. and i was like like on the verge of tears. my dad's freaking out every time. like getting more loud every single time my mom's screaming like yeah. like did you think so now he's got a hattrick, the 1st american you know, to do that ever in the boonies weekend ro in the fact that shoppers on this horrible you know, street and all of a sudden, out of nowhere, this 19 year old kid who nobody has ever really heard of. he bags a hatteras. i mean that's history. ah, he's pulled up the senior service was

a while in the making from california to a still shot shelter, a journey with its own sheriff's setback. given germany, i had to convert the law as a, as a person, as a player that took some time. and i was frustrating when i'd have a bad game. when i missed a business, she'll take it teenage talents in the buddhist leader. pulsating prospects with all the requisite qualities for a great career like lever ran this. he was 17 years and 34 days old. when he scored his 1st visit, he could go against none other than madeline and noah. in his 1st season as a cd player, he became a regular stones, who in the neighbor, who's in the midfield, school, the match winner. in the top end meeting with the the

gnostic, i have the clubs. next junior jim is shining bright to ready. the 1st player under eighteens at school 5 wonderfully good goals and all was studying hard goals. on the opposite bank of the rhine, cologne have their own upwardly mobile. it's talking talent young man with a cool head on his free spirited 19 year old shoulders as demonstrated by his added time when a in the bottom and she's out with shell, the po and he also divided his energies between football and school work. his roaring, when does he get korea? notwithstanding, he still wanted his leaving certificate called the coach, told me it's okay if i missed the training session. alongside the football, you still have to find time for school. and i know there's always gaps where you can study as well, you know, looking at them and land come,

not seen parts close for disney. survival does acknowledge, has not been a venue for young times to make an early big time breakthrough last week in maricia, he, mario gets more recently jayden sanchez and an international reputation adult meds . and he could be joining their industrious right before jude banning of the clubs . the youngest ever school right in the gym and cups. a nifty show midfielder with a competitive team is and he's already played for england where you want to be isn't it for sure. in terms of, you know, kind of building your craft and learn about the game, this sort of brilliant professionals, the older you pick up so much from them. and it's really invaluable to me by music . have a hot prospect of their own. and he looked at home and still studied company off

season. i got off the scoring marking just his 2nd li golfing tomorrow. yeah. oh my was now another record, juma movie is the, the buying goes go in the book of all time. spending much. chelsea luciana was in london for munich in the summer of 2019. i mean i used to live in germany. i was born in stucco and lived 7 years in germany and i'm in with 7 and a bit to england and i lived a is. and then when i moved back here, it was, the thought was a bit hard because it's different. who was east in england, also a couple of a couple of moms go use them. so then i found a nice laid the 1st that's already taken towards the dream of korea at the highest

level me in south side capital. if the democratic republic of the city of one of the breakthrough stones and this past season calling to be found here in the mega disease mistake district in africa, the pitches are not good, but impractical. like nothing like the ones here we played in the sand. so it was difficult to control the ball, but when you put us st. football is in good condition. we're able to really push on and develop his players. because it's very difficult in africa. we played in mud, it was tough to speak to the local to his local side.

limping. the 17 year old strike was scouted by french league outfit olympic, his former agents allegedly pressured him to take up a full sight density in europe. a year later, he moved to 2nd division paris se, and it was there in 2019 that he landed on the radar of one of the german footballs . top scouts spend miss benjamin nice, strong feet mentality. busy every single day. ready and how defensive the playing concert take. he was the one that show several against mr. thomas has helped us read like a his to the international in the during your time as a scout for don't. and the teams like the shinji could gala mandible a robot live and of ski and is going to one not to mention the list,

his own particular role model over the past few years. yeah. and eric obama. yeah. going to do it. usually when i was very young, i watched ronald dean you a lot massage. but as time went by and i started playing more and more football myself, it was obama young. i really looked up to those that brought to the blended leader by missing tap. and both were handed, the number 14 shows, some differences, so always work your way to right position to score from beginning on. but so be honest, he hasn't hated the age of 19 or 20 so as well. so it's just become better and better planning. but also next, if you see in this going i

the yellow and de the capitol of cameroon. and birthplace of cocoa growing up in the central district of the future. legal reco break discovered his passion for football passion, reciprocated patty's contemporaries to recognize him as you're going through. i love playing against him. he was a genius on the bible. he loved to just wriggle past his opponent. he was always running rings around me as well. while fighting with him, i quickly became a street football king who all the young jo and day boys looked how much used to be honest. it doesn't surprise me yusef as a professional football and i as well as having that real streak of genius. he also trained to work out is to find that you didn't grow up in luxury, but have to struggle to realize the strings. did louis i'll just say,

ah, the come from one that came from somewhere quite different and really last seen snow for the 1st time is about them among the think. what considering his background, it's incredible how quickly everything capital aah! at the age of 9 uses, life changed dramatically when his father brought him to germany. swapping tropical yellow and de from hamburg, and the northern steeple stuff in inclement weather. it was the only challenge he faced when starting out was thing pounding him up. communication was an issue, he wrote a message, you'd be trying to figure it out. we got by often with sign language and football created certain the ball and it's a cliche, but it's true. the other boys helped him integrate quickly for all the supposed culture shock. he was in co tanner's office, and it was soon apparent that you sofa was a cut above his aged 11. he was put in with the under 15,

a precocious st. talent. now more than holding his own and the youth ranks of a professional club looked up, he just loved playing football. if you could sense every fiber of his body, every moment draining the quality he had was obvious. it was just about finding the right mix. i know the keep the dribbling and other individual stuff while integrating it into more of a team oriented performance. but there as well, he was very quick to adapt and put theory into practice. but there are 23 goals in 13 games in his 1st full season with colleagues as the youngest member of the team by far less than 2 years in hamburg, mckoko was stirring the interest system. seriously. big clubs and development would prove them most persistence in yorba linda,

california 60 kilometers southeast of downtown l. a football. mad. matthew hoppy grew up here. the youngest of 3 kids. this is matthew bed in his he shares with his brother, and this is where this his side of the room 14. he spoke to the parental home, pharma zona, and the pastor residency academy, that vicious early korea steps, but not an easy way to take that age. from a domestic back to me, i think we're pretty close that family so it's always tough when your children move further away and it's hard to get to be able to see them. he knew at a very young age what he wanted to do. he wanted to play a professional soccer and he wanted to play in europe. and so it was not a surprise to us. right. and we just knew it was his lifelong dream, just to tailor for years to 1000 left home at the same time to study at u. c. l. a . i knew like you must like small things like his friends and his dogs with stuff.

so like when i would drive home from los angeles to go back home, i said pictures of the dogs and stuff like that so you could see how they're doing and like talking about things going on here. so isn't really fun. having a shared experience with him like moving out at the same time, the academy tested grand day, i was operates in partnership with european giants, both alone and elite sets up for budding us talents, recruitment direct to me. how cline recalls matthews early days that came out then for a for a trial in the summer of 2017, had a very good weekend. we noticed a lot of very good traits and characteristics as a player. his personality was very good. she was very, very, very mixtures was he took off, he started scoring goals and scored over almost he goes into his father tom

matthew's time at the academy was a defining period base for his sporting development. perhaps even most on a personal level was able to go to last year and train over there for a couple weeks. but i think the thing that helped matthew out the most was being inside an environment where 247, you're living with your teammates. you're going to school with your boys, you're with your teammates all the time. and you're building friendships and bonds that, that you know can last a lifetime. in 2019, he joined the captain's child was renowned use academy progressing from the 19th to the reserves. the next step was obviously a big difference in mobile attention from the time to use the punch, the massive game so much faster and you have to be so much smarter the keys

hello to florida. oh please. you know from the last, why am i get dr. dynamism and blistering pace make for an irresistible old man package, sealants. one of the most exciting attacking talents after paying initially as a center forward. he's now generally deployed further out winds a change that comes with specific new responsibilities. there's also. busy a lot of defensive work in those hadn't holly adept, so that's in the last 18 months. it's. it's credible. this is denise, all the qualities already can see in the stadium. this is a special, special qualities that aren't in successive rookie of the months. awards in

november and december, last year when i was living in the 2nd here in france wasn't so demanding that you always have space to operate in. going to show you the show. and when i came to germany, my had to adapt to the more physical style which and put in a lot more defensive work as well. so hold my own in the league here. have a book with your mind up to something. if you haven't opened, feels like you don't want to be used for the friends that you know, it's not nice to be offensive. and one of the open field gentlemen and the receipt to use academy 2 years after leaving cameroon, you super mckoko had landed up at one of germany's biggest clubs. and it's been nice to be honest. i'd never have thought i was that good times. people were always

saying it, but i didn't believe them happens. and so then when i saw some of the teams that were interested in me by and boss alona and so on. and i found that pretty impressive foundational research time. but was really impressive as being it's ongoing development in black in yellow. he was the league top school ref for the under 17th. at the ripe old age of 13 was incredible. he got there and just kept on scoring. and that's how it's continued with him. always pushing up towards the next level. that's truly admirable. one of the youth levels, superstar repeatedly resetting the record. but his age group and getting an early run out for germany's on the 16th as well. ahead of last season, still a new 15. he was promoted to dorman senior squad. the club has successfully lobbied

for the minimum age for brenda's a good duty to be lowered to 16 and the rest is history. the play at the day. oh, don't wind just being who should be facing him in as a backup so that when we could get a chance to lead the line, he's a commanding presence. child, i didn't like that you just it's for him. the school is the limits. we thought we'd an inkling of it back then with his talent. it'll be exciting to see how he develops. with november 2020 shall go with sound ring at the foot of the table and having seemingly forgotten how to win. matthew hope he hadn't yet progressed past the reserve, but that was all about to change. it said, you know what?

i think i'm gonna be on the squad. i'm a good job. and then next day goes by. you know, i think i got a chance starting like, you know, it was, i think it was kind of a little bit of a high, you know, the mean with that because you see him finally just accomplish something that he's always wanted to do to be able to plan the 1st, his 1st appearance came a way to mention glad back. it was no dream. w a shall come again. you right now with the position on where the club is, it's difficult for everyone on the team to try and do the best to get out of it. so i think just the situation itself is, is very difficult. shell because next full matches, he'll get a single point. 30 games without to victory. and then came puppies, chick, heroics against health and time releasing a collective sigh of royal blue relief. that 1st one game winless record run

remains the sole property of tasmania berlin. and they're welcome to it, especially when asked me to be able to help the club and, and you in touch me to help them keep the record and that it was, it was a crazy day for me. his work ethic, his time is commitment. but especially those vital goals through his team, a lifeline and struggle for blended legal bible. even in that time of crisis, hoppey was named january's rookie of the month and also penned a contract extension at shaka. i think that it was the best decision for me in the club and they gave me a chance when a lot of teams i think when and they they believes in me and the police back in the club. so matthew loves the club, matthew bleed, blue shockey, right? matthew, love, shockey, shops and so much for him. and he wants to help the club, you know,

step maybe matthew, hope he will help bring, shall come back along with you. mckoko and the last company. and all the other fast rising young talents in germany's next generation is looking full of promise. ah the news the

the the the ah, the, it's about billions. it's about power. it's about the foundation of the new world order. the new silk grove. china wants to expand his influence with this trade networks also in europe, conflicts or inevitable consequences, unpredictable. his gateway to europe starts july, 1st on d, w. the front against the corona virus pandemic

has the rate of infection in developing what measures are being taken? the what does the latest research say? information and context. ah, i recently updated because it central, monday to friday on d. w. fee will use crime fighters are back africa. most successful radio drama theories continues to send them all episodes are available online. course you can share and discuss on the w africans, facebook page and other social media platforms, crime fighters, tune in now. looks. ah, how it feels

. jewish life in europe. ah, that's what film producer and journalist eas could mind. no more exploring. delving into history and the present. ah, some things are painful. many are surprising. everything is important because life is so much more than what you think. you know, i would never have thought that. i really remind myself because i grew up in a completely different way. it's broad explorer sticks, jewish in europe, the 2 part documentary starts july 5th on dw

the news . the way the cobra 19 infection sweeps across africa. once again, cases are soaring and vaccine campaigns can't keep a mask for t is making things even more difficult for parents. also on the program campaigns to have environmental destruction recognized as i see into national offense on a par with genocide activists face binds and not enough perpetrators to face jail time and do a pat blocks planning for the life unix arena in rainbow colors. germany's match against hungry european footballs governing body projects. the show solid template hungry l g b c. community because of its political context. ah,

ah, i'm still gay. welcome to the program. the world health organization has worn the global vaccine distribution program to help poor countries is failing. 80000000 doses have been delivered through the kovacs game and the w h shows as the short or these half of all the recipient states unable to sustain vaccination programs. the warning comes as the african continent experiences. the 3rd wave of the pandemic with new infections increasing by 20 percent a weak congo. namibia and uganda have been hit particularly hot with each country seeing its highest rates of new infections. since the pandemic begun, south africa is also suffering from a rapid increase in numbers. its 3rd wave of infection adding to the countries more

than $1700000.00 confirmed cases at the highest figure. anywhere on the continent. south africa presidency rama poses called on wealthy nations to end vaccine hoarding w's increase reports. the message shouldn't be new to anyone, one and a half years into adobe pandemic. what's your hands maintain? social distance, where mosque, but the disaster management offices in cape town, i have observed that more and more people and not sticking to the rules. i'll lead to them really to consider the loved ones, even though they may be resistant to, to comply with total. but they must think of the family members in the loved ones, because how would they feel if they carry divided the day to comply with the people i don't pretend to be losing love to. i'm not wearing mom in public as a criminal offense in south africa. yet many people don't,

but mostly vers mosque and everything is for the rich people. you know what i mean because they have so a lot of money, they don't want to die. bullet eating us. it is tiring. it is tara, it's better for those who go to school. like now they must go 2 days a week. like, it's all, it's frustrating man, it's frustrating for a lot of people who close to me died because awful. already on the 2nd wave. so i'm, why are you doing this to leave so far, the province of how ting around south africa? economic have you had this book has been hit particularly hard making up for more than 60 percent. you infection? scientists expect strict locked down rules soon, but will the 3rd way fits the entire country harder than the 2nd? no, we don't expect in the, on the areas at listing the cost of provinces of south africa will be worse than the 2nd wave. why that is because the 2nd wave was very severe in the coastal

regions of south africa. and we also know from the science that we have done that the people that got infected with the parents had released a very high level antibodies. so we expect to see a kind of population immunity around the course. when people came out, the management team is encouraging the elderly to sign up what we call you, i speak to this or professor got boom. the 2nd is an epidemiologist and racial representative of api said to africa. that's the research arm of the doctors without borders. he joins us from the cam. rooney and capitol yard and welcome to d. w. professor is the continents at risk of being left behind. currently we can see that africa already been left behind when you look at a time between the recognition in the when

a couple last year and what your company currently in terms of quantity. we don't have enough use to what's happening in, in, in your janda. many other countries, but also the point of the label. so when you look at those, you know what i mean, you can say that i forgot already been behind, but we need to keep pushing so that we can make those. but you know, any more before you have a term or even award for waste of time. okay. so what we had, i management last week when the g 7 lead us max that day and i'm so they would provide more than a 1000000000 cove at 900 vaccine doses to poor countries by the end of next year. it's not enough. it's good. this is not the know you mentioned the end of next year between now and the end of next year. how you can raise from the african countries quite to quite a lot. so what is going to happen if we keep on taking time to provide and i build

a barking africa happens department, and when all the population in the west will be back and let that leave for the day . and i will see the bible might come back into what and if you have enough walk anymore. so we are completely independent and we need to provide a fax now, especially for the countries in high need like africa. now you can, as you mentioned we had an announcement yesterday from the w h o, they were going to send a fax in a production hub in south africa. how quickly will that fill the gap in production? please call it important to appreciate the water has been done with the africa. me see pushing for that to happen. conduct a good that it's an important milestone, but this is not going to solve the current wave because the number of case i increase, right? not in the last number, but it would be great for the upcoming wave and also for the prediction of order

seen about 4 beat, but like you fact from the vaccine use in africa. important. so it's a good guy. okay, good start. so that's good for that, the medium to long term, but right now, africa needs vaccine. so your message to richer countries than would be what the message would be. you want to be able to see what's happening in most of the country. they're moving to mascot, promising a very old friends and family family. but that is not going to happen. well, if you're a public, a world in africa, do we need the vacuum and those functioning? so they have to act now and to make sure that the available now and not by the end of next year. if not, we'll all be from the time you say that, but that will be a vote, isn't politicians who will say, well, we're doing our best,

but this is someone else's problem. it's on the other side of the world. and if it becomes our problem, we'll just stop traveling that and we'll, we'll stop allowing them to travel here. i think we've currently put the boat to really traveling. i think quite a number of goods of enrollment kerio actually coming from africa. how we get those or do i mean you're drinking coffee. ready chuckling most of those coming from africa if we close the border, just imagine there was no more coffee in germany. in fact, looked up to how we used to stay. i think we cannot team that we, we have to make the door available because if not now in the next month by the end of the year, we don't know how, what is going to happen. and we all be in trouble again and again in the game. good . talking to thank you for outlining that 1st professor, professor young boone, the 2nd from a percent to africa. right here. some more developments in the pandemic will start

in india, which is distributed to record $8300000.00 doses on monday and it's campaign to inoculate. all adults actually is to drop a requirement that people aware face masks outdoors from the 28th of june organizes of the turkey lympics plan to allow the sale of alcohol according to local media. a decision, the strong criticism from residence through faith curves on access to bass and pubs, and north korea says is tested more than 30000 people without finding a single infection. experts doubt the claim because of the countries poor health infrastructure to the growing movement to put acts of environmental destruction on a par with war crimes and genocide. an increasing number of activists lawyers and politicians want what they're calling eco's side to be punishable by the international criminal court. making with a crime would deter companies and governments from having the environment instead of paying 5 and compensation paraffin traces what perpetrators would be liable to

arrest prosecution and imprisonment. i've been speaking with many to saw as a member of the green group and the european parliament. she's also an advocate for criminalizing exercise as to what a change in the what difference a change in the law would make. well, we need the tension when it's recognized and recourse a crime. this is what we are working on with a lot of and number of payments and services, 8 and movement for a few years. now the way that it's because we see the ration of the destruction of the planets that is currently going on. and we need to stuff that there is a large infinity of full corporate meters and head to face either. one of the examples and most famous that are, of course, is of course. so now in brazil, or leading activities that are leading to destruction of the planets, this is why we need urgently and you know, to condemn the crime in order to prevent them from happening. and this is real

urgent or if you want to save that the climate. but he just saw his look at some of the source making headlines around the world. the protesters in men might take him to the streets in support of the people defense. both of the group supporting the as the leader. so she, since the army sees power on the 1st of february, communities have been taken to defend themselves against military violence or the 800 civilians in killed the code. so a korean president, moon james, is met with the new u. s. and voice in north korea. so we can assume that the u. s. hopes they know what a great new talked this despite the statement from the powerful system of north korean leader kim jong, or dismissing any hopes of any such a dream. any such meeting, a woman is on trial in france or killing the man who raped her for years as

a step father before they to become a husband. or a course story has moved campaigns against a domestic violence with hundreds of thousands of people signing a petition, calling for her release and football to euro 2020 groups wrapped up on monday in group c, austria joined the netherlands in qualifying for the last 16 while there was a night of drama in group be in copenhagen, denmark howard russia fall, want to secure, surprising 2nd place finish in front of the pants, stated funds and players claim the emotional after christian erickson's collapse. in the 1st group game and st. petersburg, fremont held belgium for a long time before an own go. the rumbling look cock, who strikes secure to, to nil when for one of the tournament favorites. the british government says more than 60000 funds will be allowed into wembley stadium for the semi finals and for the final euro 2020. despite the u. k. rising numbers of corona virus cases is

already hosted several of the tournament group games with the crowd captor, just 22012 health organizations as it concern by the shop increase in capacity. move comes after policies and in italy in germany. call who you are for to consider moving to europe. 2020 final to a different country will organize is of the tournament of refused a request to light up new unix stadium with rainbow colors when germany play that final group game that on wednesday, you refuse to request because of what he called the political context. pictures of the alley, answer rena. from january decked out and rainbow colors in memory of the gay men and women killed in the holocaust. this week unix may i wrote a letter to you way for asking to use the same color scheme as a statement against toma phobia and transfer via when hungry come to play germany. hungary official response was dismissive for the remainder balance. i think

sporting events with politics is a bad idea if you look out of history shows that and the germans should know all about it. it was going on on the medication, shut up and kick. not any more times have changed from the days when footballers were to be seen but not heard. more and more players are using their platform to speak up about causes they believe in like germany's lay on gretzky it's been, i've affordable and for me. so i'm just glad to see it. i'm happy anytime an example is set, it's a great sign that they're creating awareness of diverse ideas of make some of that . but the sports governing body in europe. you wafer said it was declining the request because it would be a political message to protest a new hungarian law. that rights groups have described as anti l g b t discrimination. instead,

you wait for suggested alternative dates for the rainbow colors in the later rounds of the tournament. when hungary last place in their group are unlikely to be playing. and that's it. shut up that h to now demo has your business updates. ah, the on demand content language courses, video and audio. anytime, anywhere the b w media center we're interested in the global economy. our portfolio w business beyond. here is a closer look at the project. our mission to analyze the

fight for market dominance versus west. ahead with the w business beyond on you to me in the big coin may be dropping today, but lines are growing that digital currencies are here to stay. well, they determine the future of transaction also on the show of public committee release of the findings into germany's biggest, postwar fraud scandal for talking about wire card with this is the w business. i'm janelle tomor and welcome bitcoin is continuing. it's declined a dropping below $30000.00 with the lowest level since january. that added to last is a day earlier when china's central bank stepped up

a crack down on crypto currency. chinese mind power nearly 80 percent of global trade in crypto currencies. but there are rising concerns about their environmental impact. the mines require huge amounts of energy and often use electricity powered by fossil fuels, especially coal. now experts say these concerns may hinder a mainstream acceptance of bitcoin and other digital currencies. but they are growing and relevant. the largest crypto currency is bitcoin, with a current market capitalization of $712000000000.00 us dollars. if barium is in 2nd place with $323000000000.00. and in 3rd place is by nan's coin, which is less well known, but the other 2 central banks have taken note. al salvador has just made bit coined legal tender. last year, the bahamas introduced of the san dollar, a digital version of the bi behavior and dollar in africa gone up morocco, egypt,

kenya, and south africa are all carrying out feasibility studies to see if it makes sense to introduce a digital version of their own currencies. and that's something we can discuss with co paired yard from the university of cape town. he specializes in digital currencies. now cope here, let's start right where we left off in our intro there. how feasible are digital versions of per, of african currencies. i mean, in africa we see the same that we see everywhere in the world, there's an increasing rise of the digital economy where you have more and more digital services being provided. they make up a larger share of total value generated and african countries just as, as europe and u. s. and asia, they are trying to get ready for this change. africa has an advantage though, but i think it's overlooked. and when it comes to digital payments, i can serve as

a laboratory for the future because we have a very young population that the average. so that's a can is about 27 years old. which means we've catered towards digital natives all along. but we also have lots from the sector where people that move to other countries to work this money home. they depend on low value payments to be per process ease any cheaply. and that is very similar to how the digital economy will operate in the future. so we're talking about a young, tech savvy population, we're talking about a smaller transactions. but can you tell me what will this mean for african commercial banks and their business model? we already see that commercial banks and a threat mostly from platform businesses. think about facebook with libra, offering payment services, trying to offer payment services that leads to an unbundling of banking services. we've already seen this happening to date where what happens in one bank credit

provision payments, mortgages, securities trading, all of this becomes unbundled and specialist institutions providing this cheaper easy, more efficiently. so that's a real threat to, to base a cbc, a central bank, the digital currency, will provide a marketplace and infrastructure on which banks can compete with these platform businesses. so in many regards, it is, it is a way to make sure that our banks are able to compete with the competition that comes in particular from facebook, but also the super platforms in china who really are the extension of threat to the, the banking system. and it can be felt already. now we're talking about digital currency is backed by central bank, so backed by government. what kind of control will government have over digital currencies? for example, china's digital you want, of course, the reports are that it's programmable,

it's trackable. what does that mean for government backed digital currencies? this is exactly the question that many governments discussing at the moment. how much control do you want, and how much control do you not want? do you want as a central bank to see all the transactions that happened in cash before, but because you move to a central bank, it should print see if they know happened on a digital ledger. do you want to observe these kind of low values, transactions between citizens in a recent survey by the european central bank, the overwhelming majority of, of people. so they said that privacy is the main concern that they have when it comes to a central bank digital currency. so governments need to carefully threat the needle between providing this privacy and ensuring that the benefits of a centurylink digital currency like cheaper payments, about 2 to 3 percent of gdp currently is the cost of cash in south africa. 70 percent of this is born by vendors, retailers and consumers. so that's

a huge economic costs in the way that we handle cash, that a, c, d, c promises to get away with. so that transactions are easy and cheaper. so if you want to provide these benefits together with new functionality, like smart contracts, where you give us the ability to commit to certain actions, overcoming some of the most fundamental frictions in finance. if you want to able these new business models, you need to provide an interest structure that can keep up with it. but then doing this in the privacy preserving way is quite challenging and china has given an answer on the question. they said we do not care as much about the privacy we want to have the efficiency of the payment instrument. but the risk here is that this is becoming an instrument of control rather than the neutral piece of infrastructure. and in most countries outside of china, this will be met with resistance from, from the private sector. so government really need to, to, to, to make sure that they, whatever technology they put in place,

guarantees the fundamental right to privacy. and it enables new business models in an open way so that we prevent the kind of wallet gardens that facebook and others have created. and instead we follow them the model of the internet when it was originally developed as an open ecosystem with inter operable transparent protocols . i guess with, as with any system, it depends on who designs it. thank you very much. copays georg from the university of cape town. he specializes and digital currencies. thanks for your insights today . thank you. and staying with bitcoin that said to reach yet another milestone as the auction house. sotheby's will offer a rare pear shaped diamond for a public purchase with the crypto currency. it's one to just 10 diamonds of more than $100.00 carrots ever to come to auction. sotheby's calls this rare pear shaped diamond. the key it's part of the auction has a new strategy when it's auctioned off in hong kong on july 9th. sotheby's will accept bitcoin as payment. the key opens the door to new markets. they've got

a brand new to, it's our opinion that we're crypto currency. you're able to have new clients who maybe had not previously been looking at options for objects, works of art, diamonds coming to us, and being potential purchasers with some sort of piece is already had a number of options where the crypto currency was used, including a bank the painting for $13000000.00 that has been already using the crypto currency might help sotheby's to attract new wealthy customers and 6 that's coming on. but the auction house is also taking a risk. bitcoin has had a volatile here. it can rise sharpie and value within a few days, but it can also fall. ultimately, bitcoin owners could lose everything, although at least they have to diamond. now let's take a look at some other business stories making headlines. europe top court says google, youtube, and other online platforms are not liable for copyright infringing work uploaded by

users. according to the court platform operators are only responsible where they contribute to publishing such content beyond merely making their platforms available. the e. u is investigating google over concerns. it's forcing our rivals in the highly profitable online advertising market. approval assess whether the tech giant has violated competition rules by favoring its own services in its listings. the german parliament's committee of inquiry into the wire card scandal has presented its final report. the committee looked into the extent to which the federal government and supervisory authorities failed to act on obvious wrong doing by wire card executives but critic say the report may present more questions than answers. this man's future was a key question. facing the committee, many across germany's political divide, lay some blame for the wire cut, scandal,

let the dog finance minister olaf. so it's his ministry monitor, the work of buffing which according to the committee's final report, look the other way when it came to wire card. here, keep this guns in tried and there are very clear abuses here. and of course, he is primarily responsible stuff. and he must face up to it. we slide on each less. i'm thinking the disk, in my opinion, we often got too much of a back seat in the public and political discussion. we had a team of dax board members who obviously acted with criminal energy. and of course, that makes the situation difficult to supervise. an emotion via the wire card was a service provider for online payments. it was seen as an innovative german company, but it says figures who are not real. in the end, a 1900000 euro hole emerged in its balance sheet shortly after its 5 for bankruptcy

. that had been warning sign for a long time. the media reported inconsistencies, year after year, the auditors e y case, the firm, the green light, baffin did not investigate allegations of wrongdoing. process were well organized but not perfectly organized. and there were weaknesses . for example, in the way they falsified documents. you could have seen that one can a current and former wire card both marcus brown is now in custody. and for my c o, john sharlack is on the run. more than 22000000000 years of market value was destroyed by the fraudsters. because the share price crashed after the scanner came to light, investors paid a heavy price. our financial correspondent in frankfort conrad boozing has more on the wire card scandal. in the case of why a cart so many people here,

germany had to learn a very hard lesson, including angle america. the chancellor lobbied intensively for wildcard and this long after the renowned newspaper financial times had started to write about how something must be wrong with the balance sheets of wire card. then there's the media, the financial community, the supervisors who also are to blame at the time it was scary to see how many financial inside is including journalists, started to take the allegations against y, a ca, personally like an attack on germany's national pride. very few people at the time here in germany said, well, the financial times also has to lose the reputation. why not take a bit more of a skeptical view on all this? and last but not least, many german mom and pop investors who ignored very important and very old rule. in the case of why a cod never put all your eggs in one basket. that's it from me.

conrad and the rest of the d. w. business teams. thank you so much for watching the news . the me the me ah

ah, you're watching d. w. news asia coming up today, new beginnings for some migrant workers in india. we take a closer look at why in house some has found the opportunity to stay closer to home and vaccination tourism. some indonesians have plans to pursue the american vaccine dream plan in cambodia. adventures missing travel are all aboard. the royal railway will tell you its destination the.