and that we are not going to allow again, that will help them get up, but it may be really honest. his mother has gone on a hunger strike in this church in southern spain, over what she calls her sons into main treatment. you're watching dw name is up next, rob watts will be here with business. asking why shares and the chinese property developer ever grant a plunge. i'm terry martin. thanks for watching the issue. how many platforms can you handle single tenuously without having the feeling that it's just too much? it might seem easy. how much can we do simultaneously?

multitasking these, the modern because if we do too much, we get it all wrong. we mess things up, risking brain damage. so let's stop this self sabotage, humans and multitasking watch. now on youtube, v. w documentary. the, the advert graham says think as low of the trouble as chinese prophets. he develops a stock price as plunged 80 percent on the best. a box on the hong kong stock exchange will look into why also dropping is the value of well coin, the quick courtesy the promise to democratize the global economy. we'll get the latest from our correspondence in the us state of your business on robots invalid, and welcome to the program. says in the world's most invested property company back

on sale, but investors aren't interested. china is f, a ground storage stock value dropped 80 percent as it came back from a 17 month trading suspension on monday. once trying his largest real estate, the ground defaulted in 2020. want to add this out with more than $300000000.00 in liabilities. is become a symbol of the chinese property crisis that many fed could spill over globally. on sunday, the company reported a $4500000000.00 loss for the 1st 6 months of 2023. other that's actually only half the last night. yeah. right. yeah. but let's discuss the situation with have a grandfather with gary young, who is a senior economist at texas. he's joining us from hong kong. thanks a lot for being with us as the extensive, as dropping our guns shap. price come as a surprise as well. i think if you look at what the share price changes to as a credit essentially and nothing to new because it's pretty much the same last for

if you look at other developers that may have not caught to the so strange thing like if a grant. so therefore, i think it pretty much still shows the well, in general, the real estate sentiment in china is doing not a great and therefore, i mean for investors who may have helped this company for like close to one and a half years. they probably looking for a way out. so this is why they are selling that start at this price. um, you know, uh today. so i have a grand holidays losses in the 1st half of the year and it does say that it's moving in a direction. is there any evidence that investors are buying that? and they believe that the progress is being made? the type of grant, as indeed i think if you look at the whole of poor from the epic or industry using of course, fixed income investors and those investing equity may have a, like a different view for the fixed income side is really about how quickly actually to from can actually restructure itself, and i mean in just a, like, a few weeks ago,

we see that a bankruptcy falling off as a gordon into us. but this is not something that is very game changing in terms of, you know, finding the ultimate resolution in terms of, you know, where the firm is heading to and whether they can get back to the money that they invested in. so therefore, i think the trend of a sentiment for fixed income investor, which is generally the most as to risk, is still quite a, for some mistakes hubbard, for, for equity. investors really depends on whether you frank, uh, like the real estate market in china has actually bought them out. but if we look at the gen the roofs, uh, like basically performance in the home market on, on. i think the most important point is really about where the home buyers are willing to buy a house as right now, which basically means it where the developers can, i should get the cash roll right now. if we look at the biggest largest for 2 cities, it's still only 50 percent of the,

like the pre record atria change left for the x rays of 2019 to $20.00 to $21.00. so it basically means that, well as the end, the 3rd big growth potential may be is still quite affected by regulations, but i think everyone is waiting for you to turn in the general rector a trade problem which has been really come yet. or if it does and probably will come from the 1st slowly. so you, you mentioned, you know, this question about whether or not the real estate sex or in china has blossomed out or what is the sentiments in terms of whether or not it has you know, reached the west point is getting to reach is, is it getting better or is it still a major consent as well? i think the development that we see recently, especially those related to f country got in and the feel or the, the product process that they saw. actually the company is that would have performed quite well under directly related to re, uh, criteria which is the so called stray red line. and i think this, yeah,

even this company is a basically they cannot survive, which basically shows that there is and do something structurally wrong with in the, um, uh, the system that we see uh nowadays. so therefore, i think this time, the wrong to pressure is actually different tougher than what we saw in the case of f, a grant before. but the good news is that at this we start to see more opponents is being rolling out. there talks about lowering for the rates, not only for new mortgages, but also for existing mortgage. they're also kind of a strong to push to get liquidity to developers. but i think the ultimate question is, do, even if we say this manager is being roll out, that has sent them and really improved, i think from the data site, we haven't really seen that very uh, like a big improvement in sentiment, especially from the consumer diet and from the texas and hong kong joining us that now let's take a look at some of the other level of business stories that us on china have

formerly pledged to seek solutions on trade on investment issues and to advance to us commercial interests in china. the agreement was made while the us secretary of commerce and her chinese council meeting facing this week. however, us says talk related to advanced semi conductor access unsafe into discussion 3. a technical problem is hit at traffic control systems across the u. k. thousands of passengers without to expect delays to that slice as the number of journeys was restricted. pritchens national at traffic services didn't say lots of quotes. the issue and fords is what appraisal to bring its driverless technology blue cruise to german rotors, following a 175000000 tests kilometers in the us. and canada authorities will now allow drivers to use always a pilot in some situations, still have to be in the driver's seat and have to be attentive to the traffic

among the guy or the critic or as a wells claim launched with a problem is to give every person on the planet, access to the global economy. millions of people who signed up to have the irises scanned and be welcomed into the will coined community. however, that currencies value has been moving and i only one direction downward from washington. janelle, do my loan has more. thanks rob. to say world klein isn't a business project, is just a bit of an understatement. to quote from it stated mission, it's to create a globally inclusive identity and financial network owned by the majority of humanity. the ideas of this, if you can prove you are human and real, you can stand up and be counted when it's time to allocate financial resources, like say, and are universal basic income effort, years down the line. but it's only been a little over a month, and the excitement is already giving way to skepticism and an even more enthusiasm

dampening regulatory crack down around the world. take a look, a grand vision, beginning with an orb who sees you for who you are. when the hardware works anyway for trying another one, you bothering me earlier? no life. all i have a now you're now it's up and running. your own girl is going refresher. first one shows the app, then the or if there's an iris scan to verify humanity. i guess i've passed human and you know, i get a world id that would let me log onto apps and websites anonymously. in exchange for the iris scans, users receive crypto tokens worth around 40 west dollars. unless you're in the west where crypto tokens aren't handed out, what are you able to do to quote, regulatory uncertainty that actually so i guess i'm leaving with nothing today human tools for humanity. the company behind world klein says the text ability to

distinguish real and unique identities could also one day be applied to universal basic income programs. in an a i dominated world lines around the world. depending on where that works. we're 1st we will have to go from the jump suit today to the jobs of tomorrow, right. and that will be a little bit of a bumpy transition. and it'll be very important that we're able to support people around the world during that transition, with experiments like you'd be universal basic income. and so to be able to do you be, you need to be able to get money to people. but you also need to make sure that people only claim that money once. but since it's launch a month ago, a host of issues has be set world coined the most famous being tenure, suspension of the project over privacy concerns, and things have hardly improved since questions around ethics and privacy link, or critics a broad coin has yet to answer them satisfactorily. the 1st thing i think i want people to understand is exactly who is going to be harnessing their data. the 2nd

thing is, i have some questions. i would like to ask about 6 surety. the order that they're asking people to use is a piece of hardware that could have security flaws that were not aware of. like a question i would have it cannon or operator access that data through a back door or some other thing is a savvy or of operator might be able to figure out a hack into the or to get the data before it's deleted. since world claim launched, more than $2000000.00 people around the world have gotten their iris to scan, taking it on trust that the technology is functional and secure. but unless they can convince governments everywhere that the grand vision of the world coined who remain just that a vision. so what's the way forward for world going? the company behind it says it's working together with regulators as reviews are conducted. unlike all tech driven network ideas,

it dreams of scale. tools for humanity told us that by next year it expects tens of millions of people to have joined the network and a lot more apps and services around the world trust started using world id further use our log ins. but in the end, what world point is selling is an ideal rather than a tangible product. and it need type in widespread by end to do that. what is the declining value of the world? clayton token translates to ever shorter lines of new users and even shorter attention spans those milestones may be hard to achieve. janelle done a lot in washington. thanks. i just finally, obviously one of the lights. princess diana's most famous aust coast of clothing is going up for auction this week, the fashion icons black sheets, which is expected to fetch up to $60000.00 that dump made headlines back in

1981 because of its concept. people speculated that the black sheep might have suggested that diana was feeling something of an outside. within the british royal family. the manufacturer says that they discovered it in the attic, along with a note from buckingham palace that asked for a rich cost uh, cost even to be repaired. so they sent a, a new one instead, and forgot about the damaged original. and that, so for me on the business name here in bell, and if you like more, you can always add to the, the way you dot com slash business. you can also find this on the data. we can use youtube channel, plenty of full content on that for you. and of course we're on facebook as well as data. we don't business command of his team here in berlin. and until next time, the,

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love and binding thing except for away from the spot. i'm not even allowed to go to my own car and everyone was made of holes and every single day stuff getting you ready to meet the driven can join me right. just do it on dw, the great composers for concerts 8 symphonies, highlights from the behind target inputs in 2022. as the ones that id love, how to conduct each brum symphony with one by deval jack. that is probably one of the most beautiful music ever written from symphony on the channel is physically and emotionally, very, very love joy and it's this wrong song.