david cosby will be remembered as one of the most influential musicians of the 20th century. oh, all right, you are up to date, tito, you business is up next with stephen beardsley and don't forget you can get more news and analysis on our website. d, w dot com. and you can follow us on our social media cats. i'm problem police for me on the team here. berlin, thanks for watching. take care. i'll see again, next year with these places in europe or smashing the records. stepped into a bold adventure. it's the treasure map for modern globetrotters discover some of you are record breaking sites on your back,

youtube and now also in book form that i wish i could've done more the same. you discover stories that just click away. find out best documentary on youtube or anything like this morning. see the world as we've never seen it before. describe now t d w documentary. ah, i'm steven beardsley in berlin. here's a look at our top stories, crypto lender genesis files for insolvency in the wake of the f t. x collapse. we'll look at the company with almost $3000000000.00 in active loans. agricultural

ministers gather in berlin to talk about the food prices affecting their countries . we'll hear from a minister out of the united arab emirates. also on our show, davos lies the l. g, b, t, q flag, or companies ready to move beyond symbols and make their workplaces safer. for consortium crypto currency, lender genesis has filed for bankruptcy in the us. it's the latest to fall after a state shake out in the digital asset market and the collapse of crypto exchange, f t x. genesis global capital one of 3. genesis entities that apply for bankruptcy . protection on thursday froze customer withdrawals and november days after f t x made its own insolvency filing. a genesis estimates it has more than 100000 creditors. oil screens corta in new york for more gens crypto lenders like genesis, were really acting as almost like banks. but the customers didn't really have

deposit protection like they would with banks. so what kind of re course, if any, do they have when someone freezes their, their deposits? well steven, i would say get in line. i mean, those bankruptcy protection protest this, they are very lengthy, they take some time and then at the end of the process, you have to see what is left that can be distributed to with all those creditors from genesis. in this case, you can definitely expect that a lot of people will not get their money back. and then you mentioned that platform like genesis almost works as a bank. but at the end it isn't then i would say be careful of what you're wishing for. i mean, the crypto industry in general wanted to create an alternative system to the traditional financial and to banking market and it is obviously insecure. and there you see what consequences that industry can have into crypto crash has

been going on for quite some time. now we've seen the collapse of some major companies. why is it that this hasn't really leaked into the mainstream financial system? we're not really seeing a lot of sort of normal, i guess, non rich people who are really affected by this if we want to take any positive out of all the scandal and the bankruptcies that we're seeing right now in the industry, it is that we can be thankful that is not to intertwined into our regular financial system. so the losses are really limited to a few investors them and not into the heart and bottom of the financial industry. so i would say that's actually a positive and if you look what the financial system and also some banks actually were doing in the past couple of months. i mean, that took crypto currencies that took the whole industry

a more serious they treated bitcoin, for example, other crypto currencies as some assets. but fortunately, it is not to intertwine. and that even if it's painful for some investors that is not threatening our financial system overall. by the way, what i find very interesting is, besides all those bankruptcies, all those scandals, the underlying crypt, the currency themselves are actually doing pretty well right now. bitcoin, for example, went up on friday by a good 5 percent at the beginning of the year. big cars cost less than $70000.00 today. it's more than $22000.00 to but overall i think we can be thankful that the crypto currencies and not to intertwined in our financial system at this point. and then i'm sure there will be another cry for more regulation in the days and weeks to come in quarter in new york. thank you. and we go now to some of the other global business stories making headlines. google's parent company, alphabet,

has announced it is eliminating about $12000.00 jobs or 6 percent of its workforce . so dot beach high off, but ceo said an a staff memo that the company had rapidly increased hiring and recent years for a different economic reality. the cars come days after arrival, microsoft said it would lay off $10000.00 workers. chinese technology company, dd global's domestic ride healing app has returned to china's apple app store earlier in the week. it also return to some android app stores dee has been awaiting approval to resume new user registrations and downloads of its 25 band apps in china. the company fell a fowl of chinese regular regulatory authorities in mid 2021. on saturday, dozens of agricultural ministers from around the world are set to meet here in berlin to discuss the challenges facing the global food network above all the consequences of the war and ukraine and climate change. now one participant is the united arab emirates, a federation of 7 oil and gas,

which emirates on the persian gulf. and one of the main issues here. ground water is used to irrigate crops like tobacco dates and citrus fruits. but it's salty and resources are finite. the middle east has face water challenges for centuries, and more recently with the rapid growth of cities like to buy in upper darby. global warming is likely to make additions worse in the near future. and that's creating urgency for solutions. mariama murray is the united arab emirates minister of climate change in environment. she recently spoke with our porter k. ferguson who began by asking why the country had chosen sultan algebra at the head of its state oil company to lead this year's international climate gathering. cop 28. now mary begins this interview by mentioning the global stock take, and that's how countries track progress on their climate goals. take a listen. we all know that the global stock take it will be the 1st global stock take will take place and it basically it's a report card where we see where we are against where we should be. we all know the

results won't be looking good. and so it's really important that we have people who can get results and so on comes with a track record as well, of being c e o of founder of mustard, which was our flagship, a renewable energy company. and he's really move the needle on transitioning. the u . e. m a into the renewable and energy space. and so with that to day, if we look at the economy, 70 percent of the g, d p is non oil based. and so this drive we want to get as well going on a global level. right. i'd love to ask you about some of the climate challenges that the u. a itself is facing out of the desert country. of course you are used to facing water at scarcity and but this is being made worse because of climate change . what is the government doing to address that problem? yeah. so we, we are a war to scars country. we have less than 5 percent arable land. and as i was saying, the 2nd half that we are,

we are responsible for is really insuring we're positioning the u e as a country that is committed and serious on the climate action. and with that comes the space and how we're using innovation and technology. i'm also making sure that we are working on our end dcs. making sure that we're looking at of the climate agenda, not just as the energy a dialogue, but also food systems transformation. a reversing biodiversity loss and as well as tackling pollution and a waste and all the likes of the other and emitters and, and the system or in the climate change agenda. so what's really important is that we and this is something that i'll be leading with all my fellow ministers in the country and all the stakeholders is really making sure that people understand the climate action dialogue is not just the energy dialogue. it's so many other aspects which we want to bring to lights at. cop 28 and innovation will be really key to

this and not just innovation and products, but also innovation and systems approach as well. or port k 1st in there with miriam omari, she's the u. e. z minister of climate and environments or to day marks the end of the week long world economic for meetings in davos. a mix of political and business be dating were companies talk shop ends like the town values for the l g b t q. community visibility is growing at the weeklong events, but so are concerns that companies are more interested in talking about change than actually encouraging the world economic forum and our voices flying the rainbow flag for l g b t q rice. after 50 years of divorce, global l g, b t q. acceptance and equality are taking center stage at various events. belgium's deputy prime minister pit rizoto is a trance. woman who long considered divorce a corporate haven with no relevance to the broader debate on inclusion. she sled,

it's changing, and these are, it is also important for you as a c o in your business to have attention for diversity and inclusion. it will make your business better. so it's a win, win is giving rights to people and opportunities and attract talents. an anti lee to grow and personal growth, but also economical growth as the win win that so i think we need however, critics here say companies are still shy about supporting the community. but as young people play a bigger role, they are growing calls for greater acceptance and understanding of the l g b t q community. as no visibility, a divorce is important to both support like a big important sort of visible fine of hey career people are here are inside or outside. we are important contributors to these conversations. but also this community of as global leaders who are, we're really improving here. the,

we're on the reality remains that an over 60 countries, l g, b, t, q activities are still forbidden. this mostly, but not exclusively happens in developing countries. i am always aware of how transgender people is having a lot of travelers in mexico, in latin america, in every region, with a lot of balance. i mean, in my region, davina killed their life expectancy is very low, and we need to do something because this is not possible. they're human beings, they're amazing human beings. we need them, we love them. and we need society to think that way too. even and many industrialized countries, there are discriminatory anti l g b t q laws. so activists say it's not enough to put diversity on the agenda at doubles and make themselves look good. this new profile has to translate into actions to improve l g b t q writes when finally asia is getting ready to celebrate the lunar new year.

and for many countries it's the year of the rabbit. what do you do if you own a pet rabbit? and are hitting the road for the holiday. a common question i know. well, you can take them to bunny style. it's billed as a luxury rabbit resort. guest there. can rome a large play area and even stay overnight? the business opened 7 months ago and is fully booked for the holiday. keeps yesses busy with regular exercise spa treatments and of course, monthly carrots with. all right, that's our show for more you can check us out online dot com slash business. also finds on youtube or the de debbie news channels. wanted a joy ride through fascinating worlds into uncharted deb this our guides and know their way around with

a strictly scientific trip to some pretty wacky places. curiosity is required to borrow today. next on d, w. ah, mesmerized by moscow european mosque that is in german, danish photographer, a card off made crowd a takes a very special look at his la mc architecture throughout europe. 2 2 2 0 you're lomax so in 60 minutes on d w ah, with leonardo

da, mysterious masterpiece, ah, is perhaps the greatest leonardo masterpiece in the collection of the louvre and no, it is not the mona lisa. it is the virgin of the rocks, 2 versions, multiple copies, and a hidden drawing. was there another symbolic meaning to this beautiful dating that perhaps we just don't understand today? search for answers starts february 10th on d. w with nature is beautiful and useful, but i'll be useful to nature what plants should we grab in our cities to support local ecosystems. how can we keep snails out of our vegetable gardens without harming them or other creatures.