that's why some countries are choosing it to trade in the chinese you want insect. this is think of the business i'm k. ferguson, thanks for joining me. microsoft plus the $5000000000.00 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 with crohn's microsoft control over 3 major studios on some of the most popular games in the world. including accusations the 1st president suitor at cole, of juicy blizzards, fond of a multiplayer role playing game, world of warcraft. and one of the most popular mo bile games condi crush 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 all approve this. earlier i spoke with tech analyst,

jazz cotton editor at windows 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 that to save the console installed 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 5. 12 applies dicing in new condo for that buzz specific pipe. the 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 the fully enough. i didn't mention the market but the but the buyer actually 0 in getting on the as the main reason to block the do.

and that is the cloud gave me market. so beyond pc and mobile, you also have these 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 running the game natively. you stream it for microsoft servers or some other company servers like nvidia or amazon service that will supplies 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 8, but i would have such a head start in the cloud gaming business,

but it would be impossible for others to catch up about. so at least what they say . it's interesting though, because some countries have approve this deal, including the european union. how did microsoft minus to appease regulators there? well, this is um, the again, it comes back to cloud gaming. and one of the reasons that microsoft is very, very, aggressively pursuing cloud gaming is because 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 marks up the said was, let's invest in this market, let us grove these market. and in order to do that, we will provide those games to competes in platforms. smaller companies like boost

the royd and so on. and we will provide all of oxygen because it's games and all of our own games, like halo and, and photos and flight simulator. and someone will provide those games to smaller compasses on the, on a 10 year. no questions asked basis. and they've offered to put that in writing and the u. k. read july, i came back to the argument and thought 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, as, or odd window 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 categories with uses like social score and bond. i'd rice. it could take up to 2 years for the rules to fully take effect staying in europe, erasing nature's help aust, google to sell part of its online odd business. after a 2 year pro find a had a fused its dominant market position. the company has the chance to respond before any further action is taken showed it's failed to do so. it could face a fine of up to 10 percent of its global revenue. more than 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 slowed down 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 rained to supreme as the world's most important currency, the international monetary funds data. so central banks hold almost 60 percent of

their research and us dollars. but in recent times, the dollars dominance has been called into question with the chinese one positive as an alternative. now while most economists don't expect the one 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 in gwinnett, cyrus identity and company usa 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 the item tina is suffering from a shortage of dollars. the engine canyon 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 order of this american life, both as

a new payment scheme for securing the supply of goods in a way they would have the main challenge, the patient for system size is we have you on accounts abroad and we have you and accounts here. imagine tina ended up keeping you one and a bank account here is not as common as keeping pistols dollars or even euro's. but some chinese banks offer 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 restricts enforcing which also impacts he cannot make it to the new place. economical sort of thing for less young hodgen tina's economy is expected to fold 3 percent this year with an inflation rate of a 126 percent heights. i believe it has the potential to worse than it on 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 these are the economists who are using office seeds value and trading a new one. and they'll say about a new or used to let you know in these currency would not lead to any dependents or any such strategic support in motion. and that feeling 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 april or a trend? let's bring in dw corresponding thoughts on how to in taipei. so do you think other countries will start paying for chinese input to shore up their dollar reserves? a yes. 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, chilly 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 part of like brazil, a sports island or, and soybeans and imports, chemicals and machinery. initially, the process of chinese companies in the electricity business is becoming increasingly prominent. so deeply nomic relationship has contributed to the increase of room in the reserves in this region. and even the us close, our israel diversified it's foreign exchange reserves with 2 percent slated to be invested in that room in b. 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 that? okay, there are 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 don't 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 monetary unions cannot achieve. and if you look at the 5 members, they can produce a wider range of goes to 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 about 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, limited your options for suppliers and converting cortes. this can inquire, fees, and on, favorable rates are adding to the cost and more to that. regulatory controls can also restrict convert ability and fund transfers. we know that dealing with our reliable suppliers is a general risk in international trade. and under current, jo, political tensions, policy change can also affect really be debility. all right, so it's on hong. thank you very much. i a and a reminder of our top story. microsoft plum, 75000000000 dollar acquisition of gaming, joint activision life and the balance offering us judge a good deal on hold pending on to trust for view other regulators including those in the 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 for on the dw teacher channel as well for me on the team,

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