some countries are choosing to trade in the chinese you want. instead. this is the w 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 on t trust to review the planned take over. would grant microsoft control over 3 major studios on some of the most popular games in the world, including accusations, 1st president, tutor at cole, of juicy blizzards pharmacy multi play a role playing game world of warcraft. and one of the most popular lowball games conduct crushed by k. now 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 to pon and says korea have approve 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 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 fights of a playstation nintendo for that buzz specific pi. don't want to grow out towards lowball them 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 who k regulators are making against this deal as well? they've kind of zeroed in like the, funnily enough, i didn't mentioned the market, but the, but the buyer actually 0 in getting on the as the main reason to block the do not

use the cloud gave me 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, stripe from the cloud. so instead of having a, a mobile phone or, or, you know, a console bringing the game 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 for if microsoft is able to buy activision because a king which of course owns very, very big games like pool 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 approved this deal, including the european union. how did microsoft minus to a piece regulators there as 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 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 up the said was, let's invest in this market. let us grove is 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 compasses 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 sold. so sort of convince regulators that much stuff actually will follow through. and the interesting stuff discordant as are 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 our special 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 room to fully take effect. the staying in europe. e regulators help us google to sell part of its online ad 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 showed it's failed to do so. it could face a fine of up to 10 percent of its 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 agents union 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 in the 1st order of this new year. but 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 assistance 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 importing but also impacts. he cannot make it to the new place economical sort of thing for this 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 that on the 4th and imports to brazil, a being replaced by exploits and imports from china. and the risk 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 from nice by the economist julio survivors seeds value and trading in you one real estate guy here in the more useful join 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 continued imports will be paid for a new one. so to what extent is this part of a broader trend? let's bring in dw correspondence. so it's on high in type a. so do you think other countries will start paying for chinese inputs to show up their dollar reserves? yes. um, to avoid the risk of falling 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 partner like brazil, 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. and 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 what 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 not a 100 percent positive but if you also 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 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 bricks, currency could also be attracted to other non member countries because the brakes say at significant a sonic role in their respective regions. one by the other side to this. so are there any risk 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, rent may be, may not be widely accepted,

limitation on your options for suppliers and converting cortez. this can inquire, 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 a general risk in international trade. and under current, jo, political tensions, policy change can also affect really be stability. all right, touch on hon. thank you very much. i us and a reminder of our top story. microsoft plum, 75000000000 dollar acquisition of gaming joined activision, lies in the balance offering us judge a good deal on hold pending on to trust for of you. other regulators including those in the japan and test career, have approved the take on the profit. if i show from where you can always check i g, w dot com slash business for on the dw future channel as well for me and the team

is good bye. take care. the

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