us to begin a 2000 kilometer 5 day trip around italy. the journey includes stops and we'll go in for lee to towns recently hit by severe flooding in early may. they also passed through a formula one race tracking molar. before heading towards rome, the race ends at the weekend when the car is returned to brush you all right, and that's all for me, but to stay tuned. do you have your business is up next year until new berlin has always thanks for turning in the f b i c i a and most of happen 120 years. nissan b 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 assigned 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 by dominance in the global gaming industry. a us judge block. so takeover of activision pending on tape trucks review will bring new experts analysis also coming up and challenging the dollars

dominance. why 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. the microsoft plant, defies $1000000000.00 acquisition of gaming dined, activision lies in the balance after a us judge popped a deal on hold, pending an anti trust review. the plan take over would cronsa microsoft control over 3 major studios. i'm some of the most popular games in the world, including activation as a 1st person shooter at call of juicy blizzards, fond as a 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 insights career have old approved this. earlier i

spoke with tech analyst, jazz cotton editor at window central. i began by asking what this position 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 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 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 mention the market but the but the buyer actually 0 in

getting on 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 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 for if microsoft is able to buy activision puts 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 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 monitors to a piece 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 mike's off 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 compete in platforms. smaller companies like boost

the royd and so on. and we will provide all of our commercial 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 bought 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 our special intelligence. below,

we'll see a applications assigned to one of 4 risk categories with uses like social score and find out rice. it could take up to 2 years for the room to fully take effect. a staying in europe, e. reservations have asked google to sell part of it 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 of taken showed it 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 service service in us dollars. but in recent times, the dollars dominance has been called into question with the chinese you want it 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 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 item 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 most of the we have started working with you one and the 1st and the order of this new year

can my product as a new payment scheme for securing the supply of goods in a way, let's say we would have the main challenge. that would be a patient for systems i is we have you on accounts abroad and we have you and accounts here. imagine tina interdicted your windows, which one is keeping you wanted a bank account here is not as common as keeping pistols dollars or even euro's. 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 that idea that we're trying to do is to directly restrict imports and bought a proposal impact. so you cannot make it to the new place, economical, sort of banks, less young. i didn't. tina's economy is expected to full. 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 if a 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 for me, nice by the economists, julio survivors seeds value in trading. and you one no say problem. any more use electronics currency would not lead to any dependence or any such strategic support in the ocean that's here. and instead of taking go for the nature of your side of the team, a likely scenario is that soon possible i continued imports will be paid for a new one. so to what extent is part of a broader trend? let's bring indeed, only a correspondence. so it's on kind of in type pay. so do you think other countries will start paying for chinese inputs to show up their dollar reserves? 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, to lee mexico, and peru recently approach $30000000000.00 and increase of about 10 times compared to the end of 2018. for them, china is the number one trading partner. likewise, the old, 80 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 deeply nomic relationship has contributed to the increase of room in the reserves in this region. even the us close, our israel diversified it's um, 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 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 also of experts do what 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 play a significant sonic role in their respective regions. one about the other side to this. so are there any risk to paying for chinese import then you 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 of your options for suppliers and converting courtesy, skimming card 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 remy beach ability. all right, so it's on hong. thank you very much. i a and a reminder of our top story, microsoft plans 75000000000 dollar acquisition of gaming, joint activision life and the balance offering us judge what the deal on holds pending on to trust review, other regulators including those in the japan and says korea have approved the take that route, so 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 on the team.

it's good bye. take care the enter the conflicts own with sarah kelly. after most of speculation, the long anticipating ukrainian counter offensive appears to be under way. my guess this week on complex own is ukrainian deputy prime minister all her stuff and need to know who overseas ukraine integration into the un nato. what more does she need from partners to future proofs? ukraine's defense conflict zone on d, w. one small step for a robot vacuum, one, joint leap for exploiting the ocean floor. but this time, a research team will study the possible risk 1st. in order to minimize them. we

have an opportunity to get it right before we even start. is this true nature conservation or only green washing? deep sea creek, the 45 minutes on dw, the what there's to us the that's why we listen to their stories. reporter every weekend on dw, the after months of speculation, the long anticipated ukrainian counter offensive appears to be under way. what will count as victory and on what time table could targets extend as far as russian occupied crimea? my guest this week on complex tone is ukrainian deputy prime minister, all the stuff you need to know who overseas ukraine's integration into the with nato. we have.