a less than 70 migraines of drowned in thousands more missing in a ship right from the courts. scott rescued over a 100 others and brought them to the southern port city of color. that's all for now coming up in the w business after a short break. i ferguson has the details of another bless of microsoft as 6 to combat dominance in that level. gaming industry coming up shortly. i'm going to be held from me in the news team here in berlin. thanks for watching and stay with us . if you can see, i see i and most of us have been waiting to hear the song of a k, a tom lee the most timely fund way was sort of

the as we say, the poster child for the, the proliferation problem. assign to them. and then it is said, no one has ever seen a sold in the side of the superpowers fugitive right now. the world's most dangerous. where is, is wanted dogs june 29 on dw the another below for microsoft as in 6 to car 5 dominants in the global gaming industry. us judge blocks, the takeover of activision, pending on tape trust review will bring new experts analysis also coming up and challenging the dollars dominance. twice some countries are

choosing to trade in the chinese. you want in that this is think of the business i'm k. ferguson. thanks for joining me. a microsoft plan of $75000000000.00 acquisition of gaming dined, activision lies in the balance after a us judge popped a deal on hold, pending an anti trust review. the planned take over. would crohn's microsoft control over 3 major studios on some of the most popular games in the world, including activation as a 1st person shooter at cold of juicy blizzards. fond as a multiplayer role playing game, world of warcraft. and one of the most popular mo bile games conduct crushed by k. the plants have received a mixed response from regulations around the world. so u. k is competition watched talk, blocked it back in april, while the european union, japan and south korea have approved this. earlier i spoke with tech analyst jazz

cotton editor at window central. i began by asking what this acquisition would mean for microsoft. for microsoft, i've constantly been talking about this idea of growing x xbox. it's, you know, gaming platform beyond the console. so by type to save the console into go by so sort of being static. but don't say it is growing much more than it has been in recent years, and rather than fights of applies dyson nintendo for that buzz specific pi. don't want to grow out towards mobile and pc gaming as well. and activision, of course, we have county cross saga and world of warcraft. they have a very, very large presence in pc and mobile. a lot of sort of give microsoft a fast track way to get into that market. so what's the main argument that us on u. k regulators are making against this deal as well? they've kind of zeroed in like fully enough. i didn't mentioned the market but the but the buyer actually 0 in getting on as the main reason to block to do that is

the cloud gaming market. so beyond pc and mobile, you also have this very nice and very early market, which is sort of the concepts of streaming video games straight from the cloud. so instead of having a, a mobile phone or, or you know, a console bringing the guy natively, you stream it from microsoft servers or some other company servers like nvidia or amazon service. that also applies in this space. and you pay a subscription fee similar to netflix instead of buying the dvd, you stream the movie to your tv set. microsoft sees this is a way of expanding to new markets and you know, finding customers that maybe don't want to buy gaming, pc, or gaming console and low regulators of so if microsoft is able to buy activision, puts a king, which of course owns very, very big games like cool of j, like would have such a head start in the cloud gaming business thought it would be impossible for others

to catch up about. so at least what they say. it's interesting though, because some countries have approved this deal, including the european union. how did microsoft minus to a piece regulators there? well, this is, um, the again, it comes back to the cloud gaming. and one of the reasons that microsoft is very, very, aggressively pursuing cloud gaming is because for in order for cloud gaming to grow as a business on the market, you kind of need a huge amount of capital investment from players like amazon and like microsoft, a smaller companies who don't have necessarily the server infrastructure to deliver this on this potential new market. it's probably not going to happen without amazon or microsoft or end video back in it. so what mike's off the said was, let's invest in this market, let us grove this market. and in order to do that, we will provide those games to compete in platforms. smaller companies like boost

the royd and so on. and we will provide all of activity and business games and all of our own games like halo and, and photos and flight simulator. and someone will provide those games to smaller competitors on the, on the 10. yeah. no questions asked. spices and they've offered to put that in writing and the u. k. reg, july came back to the argument and by offer and said that they didn't want to. it didn't want to have to regulate. and make sure that microsoft, mike's good on, it's on the contractual obligations that they put forward. so now it's kind of like, um, you know, a sort of a box hold. so sort of convince regulators that microsoft actually will follow through. and the interesting stuff discordant as is or ad windows central. thank you very much. thank you so much. now to some of the other global business stories making news. you lawmakers have signed off on the world's 1st comprehensive regulation of artificial intelligence. below we'll see

a applications assigned to one of 4 risk task res with uses like social score and bond. i'd rice. it could take up to 2 years for the room to fully take effect staying in europe, the regulators have asked google to sell part of its online on business after a 2 year pro, find a used its dominant market position. the company has the chance to respond before any further action is taken short. it's failed to do so. it could face a fine of up to 10 percent off. it's global revenue wasn't 13 size and millionaires are expected to leave china this year. that's according to a report by consultants. the group, henley and partners, i'm economic slowdown on increasing government restrictions appear to be the main drivers. hong kong is also expected to see an ext us of the ultra wealthy. for decades, the us dollar has reigned supreme as the world's most important currency. the international monetary funds,

data show central bank told almost 60 percent of their for service in us dollars. but in recent times, the dollars dominance has been called into question with the chinese juan positive as an alternative. now while most economists don't expect the want to be able to compete with a dollar any time soon for economically, we countries like argentina being able to pay for in ports in a non dollar currency. could be an advantage. in the suburb of of a anita and when it's iris identity and company use and produces washing machines and refrigerators, using chinese machinery and part company headquarters. the chief financial officer is working on how to pay for these chinese imports at a time when i can, tina is suffering from a shortage of dollars. the agency annual government has found one solution, an agreement with china to trade in you one of the most that we have started working with you one and the 1st the order of this new year with

this new payment scheme for securing the supply of goods in a way say would have the main challenge. that would be a patient for systems i is we have you in accounts abroad and we have you and accounts here. imagine tina internet video, windows, which one is keeping you wanted a bank account here is not as common as keeping pistols dollars or even euros. but some chinese banks offered the service. i didn't. tina is one of more than 40 countries with cards and swaps with china and necessity, since it lacks international reserves. a lot of the davis to directly restrict imports and bought a proposal impact. so you cannot make it to the new place, economical, sort of banks, less young hodgen. tina's economy is expected to fold. we present this year with an inflation rate of a 126 percent heights. i believe it has the potential to worse than the 4th and imports to brazil,

a being replaced by exploits and imports from china. and the risk of, of financing agreement is implemented with china and not with brazil. for example, is that this trend will deepen and blow it up in this house. it, but from nice by the economist julio survivors seeds value and trading a new one. and they'll say a new or used to let join these currency would not lead to any dependents. so any such strategic supporting motion as you and instead of taking go for the nature of your side of the team. a likely scenario is that soon, half of all i continue and imports will be paid for in you one. so to what extent is this part of a broad or a trend? let's bring indeed only a corresponding thoughts on how to in taipei. so do you think other countries will start paying for chinese in port to shore up there? dollar reserves. the yes, i'm to avoid the risk of following us the assets. many states started to do so, especially central and south american countries. the rent may be holdings of 4

countries, brazil, chile, mexico, and peru recently approach $30000000000.00. an increase of about 10 times compared to the end of 2018 for them. china is the number one trading partner, like result, a sports island or, and so it beings and imports chemicals and machinery. initially, the process of chinese companies in the electricity business is becoming increasingly prominent. so deepening nomic relationship has contributed to the increase of room in the reserves in this region. even the us close out israel diversified it's foreign exchange reserves with 2 percent slated to be invested in the running be and more and more countries are ready to do. so in a shop that's a, we've also heard a lot about the possibility of a bricks, currency. how likely is us okay, there a lot of discussion around this topic and theoretically it can happen, but we don't have a definite answer. is no a 100 percent positive, but if you ask

a lot of experts do tell you that it's very likely that the currency would be introduced by the brakes. because it will be introduced out of a kind of a sense of this content at the us. because if we look at the g d p size, the freaks are past the only the us, but also the g 7 industrial nations. so it can achieve a level of self of sufficiency it international trade that other mandatory unit has cannot achieve. and if you look at the 5 members, they can produce a wider range of goods. the other unions. so the new brakes courtesy could also be attracted to other non member countries because the brakes say at significant nomic role in their respective regions. one above the other side to this. so are there any risks to paying for chinese import the new on this um well firstly the value of rubbing the can fluctuate a potentially make it imported goods more expensive. secondly, remy,

the may not be widely accepted. limitation on your options for suppliers and converting cortes this can incur fees and on favorable rates are adding to the cost and more to that. regulatory controls can also restrict converter ability and fund transfers. we know that dealing with our reliable suppliers is the general risk in international trade. and under current, jo, political tensions, policy change can also affect revenue, be debility, all right. totes on hon. thank you very much. i to under reminder of our top story, microsoft plans 75000000000 dollar acquisition of gaming joined activision life and the balance offering us judge what the deal on hold pending on to trust review, other regulators including those in the new japan and says korea have approved to take that route. so if i show from where you can always check i g, w dot com slash business, we're on the dw teacher channel as well for me in the team. it's goodbye. take care

. the is germany becoming irrelevant. doing business in the country has become more and more unattractive. due to cumbersome here. ok receive. and high taxes, inflated energy costs and labor shortages are only making things worse. germany and beacon nomic powerhouse no more made in the

entire 34 years. i was a metal i didn't know what has the best now i know the never ending story of asbestos starts june 21st on d. w the the global challenges are forcing economies to vote quickly while increasingly leaving businesses on ordinary people with little time to.