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look to. thank you. for that welcome to capital this week the british prime minister david cameron is being told to think outside of the box and out of his polluted i should say and order to drum up some much needed cash for the country details in just a minute on that what was also the first corner a.t.m. and when the line of that story will be discussed in the implications of that could be used to come out in house about some of the songs almost he's always in the business steps to tell us what it's been up to the ball but i gave up your bit of the this week is also supposed to come up with that stuff to talk about this to come. so he's hoping to attract muslim money by becoming the first country to issue an exam a bond outside of the muslim walled the u.k.

hopes to offer a two hundred million pound islam friendly bond known as cook as that is next it it will conform to the law which bans interest and gambling a prime minister is also planning to launch a new index. explains exactly why mr cameron is so we get to this part of the world the british muslims contribute at least thirty billion pounds to the economy here while u.k. banks offer more islamic services than in any other western country in fact islamic funding has propped up some of the capital's largest developments including the shot on the olympic village but critics say the welcoming approach doesn't go beyond investment british politicians have in the past rejected proposals to recognise shari'a lower in certain areas with large muslim populations while the recent debate in parliament centered on whether or not to penalize local shari'a courts which help british muslims result family issues and when

a small group of locals try to impose sharia law or in london's east end the response was that of horror but when it comes to the potential. gold mine that is muslim money the city of london stored may have recently said that islamic finance should be as british suspicion chips and the f.a. cup final reporting from the city of london i'm party boy thank you that pollinate i will going to stay in london for now and join a sex addict he from each next capital of find out what the finance wells makes of these islamic bombs is it a good idea or will it bring more investment into the system. i think it's a sensible idea longer but it's been in the pipeline for some time now but given the fact that we had a bit of a turmoil in the financial market in the u.k. we had see that backtracked and now u.k. policy makers are bringing this back you know into the front i think it's very encouraging for inducing more investment into the u.k.

given the fact that you can is now contemplating its membership in two thousand and seventeen it's going to have to look for other avenues in order to induce investment. why not attract a one point two trillion dollar market what about potential problems that could there be any with their introduction. of finances or is a whole new beast when it comes to your traditional forms of western banking. there is a slight concern that it may take over the financing system could kind of. give the fact that there is an issue with the interest when it comes to some of finance interest is strictly prohibited there all certain people say oh we don't want these islamic bonds we don't want foreign take this if it comes to things like football clubs or howard's whatever it might be what would your response to that to see that . well i think that. is not placed correctly i think

a lot of people need to do the same sort of slow refinements want to act. i mean that's not something may sound a little scary given the fact that it's quite new and and i've heard over the western world but really it's going to induce far more invested in the we really seen that with the likes of the shah building in london bridge and also with the like you said it's also at the same time the olympic athletes village and during the two thousand and twelve olympics it's going to create more jobs in the u.k. which is very keen when it comes to policy and economic health care going forward we know that the bank of england have a target in place for unemployment so more jobs there's a better for the u.k. economy ok. from the capital thank you for your take on the math thank you from the financial world giving us an inside of the. this week these very first big coin a.t.m. let live in

a cafe in vancouver canada so now people can actually exchange the digital currency for cash while enjoying a cup of coffee so just to be count them big oil is a stored in an anonymous online web wallet this is tim is totally separate from any bank or government users can buy products or services online or in a handful of stores if they want to and can exchange it into other cars as well so you say the u.s. dollar for example is all we know entering a new virtual currency well i'm now joined by adults with wilson here from the scope of all business school to help me understand this so does this mean that the big coin is finally becoming more mainstream with the coin is far from becoming mainstream fact is that most merchants in the west will not accept there are even familiar with it that said the currency was first issued. as recently as two thousand and nine so it's only four years old but in the four year period i think it's been very successful because the market value of the coin against all of the

currencies the u.s. dollar the euro the japanese yen has risen enormously so. the market during the market the ultimate judge of value over the past four years has said i like it going but if we talk about the mall k. has had a role the valar self-love and so has now and that's to do with accusations of money laundering drug smuggling it could be doing better than that quietly that is fast to say with any asset if there's not much liquidity it tends to be a lot of volatility in prices right now there are only a living million coins in circulation so to speak so as the big coin becomes more widely used by merchants you'll see the price volatility begin to drop over time uncomely delve into how you get hold of of that coin because as i understand it with this a.t.m. in fact you still have to already have an account don't you have big quite accounts

so how do you get them in the first place i know it's very complex it's a big complex if you want to coin you need to purchase a digital wallet. and then you go to a coin network and from there you actually would purchase the coins coins with foreign currency. so you don't have to be tech savvy then do you. but i think to understand the concept of the coin you know i'm not an economist it took me a while to really comprehend what a big coin was i think that most users have to be pretty pretty yeah i couldn't picture my parents using and i got so i'm thinking of my mom let's go forward and think about the future of the current says cause you got the big one at the moment . for the big client but what about other currencies do you think that this is the future. you know i think in my opinion that there's a great financial crisis we've had the past five years has brought about the coin

the fact is you look at the u.s. dollar the world's great reserve currency the us that now is one hundred percent of g.d.p. . two weeks ago we came within twelve hours of defaulting on our dad we know all the problems that the eurozone is having the other major major reserve currency of course is the japanese yen their debt is over two hundred percent of g.d.p. so the market is saying at some point these governments will. print money to pay for their debts which will cause a depreciation of these currencies and the markets worried about that and so i think as a consequence what you'll see is a lot more of these digital coins coming out into the market over the next few years thank you that two adults. on the skolkovo business giving us his take on the big climb it seems everyone's got an opinion on the coin whether it be good or bad and i spoke to daniel bruno to his film the first national innovation broca's and

he is the illegal practices undertaken using to dish no causes as well. the number one currency for money laundering is the united states dollar but nobody is blaming the dollar and nobody is thinking about banishing so it's a matter of what people choose to do and where there is a powerful tool such as digital money such as big point or scapegoating. they can be abused just like in the us so that's not an argument it's a double standard against deterrence he's i time the culprit is now then in the wild leading brand consultancy into the ground the feds that they don't own trademark is just as strong this plant with an estimated value of thirty nine billion dollars as the gas giant accounted for almost call of the combine a full planet in a study. on russia's state news kinetic energy coal price and also tom has won

a contest to build enough play the finest that power plant in georgia and the time bidding done every ounce of productive lot of the wild sun since it is all stuff to pounds. in twenty eight f. and. i stay with us in business center now we're going to do it all mr schoen thomas he plays the russian stock market with company cash my favorite part of the show so a good book a must die what have you been up to how trading indeed well the trip was great to the trading that not so much things this week whether it's a technological glitch or something it's just not going the way it should go to yeah that's what we were in overall they've been going gangbusters however this week they're down four and a half percent which means i took a thrashing i was taken to the cleaners and i lost four hundred fifty four dollars which brings my grand total down to nine thousand dollars four hundred seventy six oh that's just not good about anybody doctoring and so on that rate is not good and

so i know still smiling though i love that you've also money because ma dayglo you know it you know it's one of those. things you've got you've got to keep a positive attitude about the whole thing actually i have an idea since i'm not doing too well on my own and this is sort of a game that we're playing why don't we do the whole phone a friend or the ask the audience thing i know that we post the show on you tube and also on to our to dot com if anyone out there who's watching has any ideas on russian stocks send them to us in the comments i'll be happy to take a look maybe that can help me get on track for next week but i'm looking you know i know that we're talking about gazprom earlier in the show and how it's kind of this big russian brand i think i'm going to go in try and get on that brand recognition and do gazprom up for this week to see if i can recoup some of my losses ok that sounds good to me so and you know you say you're an amateur you know one of that but you know about three months in now as we look at some results we're ready to and i think that you've been partying and jet setting a lot so a little bit more you write it and by. then see you next week take care. the world

bank has revealed its annual doing business or polls i must that has advanced twenty places but there's no need for party just yet because ninety seconds place is still a long way to die but at least it's in the top one hundred and ahead of china as well as came in at ninety six. also was also named one of the top three countries in terms of having improved its business climate and the last jet. told the top spot for the best place to run a business for the eight years in a row. all right that is one chapter done and dusted for this we see next week thanks for joining me to find.

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in the best new artist. music industry. stripped of. their world. number one girl you know it's true wasn't true it wasn't just more fans voice in the studio or on stage the truth came out one concert when the pretty recalled jammed repeating the chorus again and again. i wanted to. stop good you know even though it's eighty thousand people. you know i couldn't repeat it fifteen times company says it was in whole or at the news that the industry knew it all along.