g. network expansion competition kernan the new mobile radio standard 5 g. will be able to transmit data around a 100 times faster than its predecessor 40 and it'll do it almost instantaneously decisive for example for autonomous driving or industry digitalisation large corporations like b a s f even want to set up their own networks using 5 g. independent of the mobile network operators for example trucks will use 5 g. to drive autonomous li with the billions from the auction the german state wants to expand high speed internet into rural areas and promotes the digitalisation of schools for private use in germany 5 g. will probably be available in 2021 at the earliest and it won't be nationwide until some time after that. with the financial correspondent in frankfurt only 6600000000 is that good for the german taxpayers. that's much more than people expected was going to be the outcome some projected only half $3000000000.00 some went as far as $5000000000.00 but 6 is much more it's not going to benefit taxpayers here people like me i'm not going to get low

g. network expansion competition kernan the new mobile radio standard 5 g. will be able to transmit data around a 100 times faster than its predecessor 40 and it'll do it almost instantaneously decisive for example for autonomous driving or industry digitalisation large corporations like b a s f even want to set up their own networks using 5 independent of the made on network operators for example trucks would use 5 g. to drive autonomous lee with the billions from the auction the german state wants to expand high speed internet into rural areas and promote the digitalisation of schools for private use in germany 5 g. will probably be available in 2021 at the earliest and when the nationwide until some time after that. oil prices surged on thursday after 2 all centers in the gulf of oman were portly attack near the iranian coast friends crude is up 2.9 percent this morning a $1.74 with a tanker on fire follow the earlier attacks on vessels near the for gyro emirates one of the world's largest bond hops for oil which is located just outside the nearby strait

g. network expansion competition kernan the new mobile radio standard 5 g. will be able to transmit data around a 100 times faster than its predecessor 40 and it'll do it almost instantaneously decisive for example for autonomous driving or industry digitalized large corporations like b.s.f. even want to set up their own networks using fi independent of the mobile network operators for example trucks were used to drive autonomously with the billions from the auction the german state wants to expand high speed internet into rural areas and promote the digitalisation of schools for private use in germany 5 g. will probably be available in 2021 at the earliest and he won't be nationwide until some time after that. aaron telt in front of you business is looking into the story for us aaron is this a done deal are we going to see 5 g. devices pretty soon no probably not i mean don't really expect them to be hitting your marketplace tomorrow basically we're talking about here is these companies bought the rights to build the network and they're saying they could ge

g. network a made a handsome profit. launched 13 weeks ago the clock was stopped on wednesday the auction for 5 g. frequencies is over the corporation's deutsche telecom telefonica vodafone and net a subsidiary of once united internet have paid a total of 6600000000 euros for a museum the city feel very pleased that the 4 companies that have acquired the frequencies are now able to quickly drive the 5 g.

g. network expansion competition kernan the new mobile radio standard 5 g. will be able to transmit data around a 100 times faster than its predecessor 40 and it will do it almost instantaneously decisive for example for autonomous driving or industry digitalisation large corporations like b a s f even want to set up their own networks using 5 g. independent of the mobile network operators for example trucks will use 5 g. to drive autonomous lee with the billions from the auction the german state wants to expand high speed internet into rural areas and promotes the digitalisation of schools for private use in germany 5 g. will probably be available in 2021 at the earliest and he won't be nationwide until some time after that. the women's world cup starts some heavyweight games on wednesday published fully at least from date of use for it is worth to take us through this published in germany took on spain a game a lot of people were looking at and germany did prevail but it wasn't smooth sailing no it was far from smooth sailing actually and germany seems to

g. networks around the world and flushed away users worried about what that means for the now at the time and mobile likes though while i was at pains to reassure them. here in bangkok why distributors j. mart are hoping an army of smiling faces canal shine the bad press for ways phones run google's android operating system. and the search giant was recently forced to block the handsets from using its software thanks to u.s. sanctions. something that's weighing on the minds of potential huawei customers. by name and say why they made would of the possible way. but i more add that the old phone will not be able to update. because of what has happened with huawei that it was called. and those concerns are likely one reason why customers interest is dropping that was that i did not sales have dropped by more than half the world and there were far fewer customers compared to last year it was. but it's actually antennas like these that are at the heart of u.s. concerns about huawei. the chinese telecoms giant is the leading producer of technology used in fine g. networks and washington fears t

g. networks and a u.s. led attempt to ban it is a major sticking point already on friday the leaders took part in a digital economy summit it was all quite polite but while we're shaped shadow over the discussion trump preach security g. openness at the same time as we expand digital cred we must also ensure the resilience and security of our 5 g. networks this is essential to our shared safety and prosperity. chief we need to encourage the movement of information technology and human resources to safeguard the global industry chain sharing our strength and cooperate in to achieve a win win situation we should not develop behind a closed door and we cannot interfere in the market. even if the us china meetings are not the only ones that matter for the global economy and osaka india and the us have had their own simmering trade tensions of late friday indian prime minister narendra modi met with trump while he also took part in meetings with the leaders of the so-called brics economies where he called for re

g. network here in the u.k. so as a result these industry bosses khant invest in vital infrastructure going forward for the government they've stressed the importance of security above all else take a lesson the security and resilience of the key still calm snap works is of paramount importance we have robust procedures in place to manage critics to national security and are committed to the highest possible security standards while the industry has questions for the government over while away the government's got questions to walk away and it was actually one ways cyber security officer who was. was giving on says in front of a committee of m.p.'s publicly yesterday and the politicians repeatedly asked him about while ways alleged links to the chinese states and about alleged human rights abuses as well and his repeated was that while way works within the framework of the nor should we do business with a company that is complicit in utero to pieces if you should listen business with all companies that stick to

g. network but it has been. their concerns over the lack of clarity on walk away they've asked for an urgent meeting with the government in order to discuss those concerns essentially there's a sense that they've been left sort of hanging over the government's indecision over whether or not to green lights the use of huawei technology in the rollout of the 5 g. network here in the u.k. so as a result these industry bosses con to invest in vital infrastructure going forward for the government they've stressed the importance of security above all else take a lesson the security and resilience of the key still to come snap works is of paramount importance we have robust procedures in place to manage critics to national security and are committed to the highest possible security standards while the industry has questions for the government over while away the government's got questions to walk away and it was actually one ways cyber security officer who was. was giving on says in front of a committee of m.p.'s publi

g. network care in the u.k. so as a result these industry bosses can't invest in vital infrastructure going forward and actually they've already been affected commercially as a result of the big phone network care has had to delay the launch of its huawei 5 g. handsets vodafone has had to suspend orders on it as well and the government's been asked for reaction on this news of industry bosses can sons and for the government they've stressed the importance of security above all else take a lesson. the security and resilience of the key still to come snap works is of paramount importance we have procedures in place to manage to national security and are committed to the highest possible security standards. and actually the same statement goes on to say that the government's decision or rather the telecoms supply chain review. the decision on the use of wa way is expected in june pool so we've no firm date for when this decision will be made and the while the industry has questions for the government over wa way the

g. . network here and you can invest it and then upgrade for 5 g. well who is going to step in and who's going to pay for that well of course trump isn't going to pay for that and he's going around everywhere in europe and elsewhere to try to do the same to isolate technologically china and of course the same thing is happening with russia natural gas they go to berlin and they say you got to discontinue the pipeline i suggest pipeline there and buy us gas roma m. and g. ports but who's going to pay for the building of the ports because so yeah it's all part of global change going on i think during his visit to the u.k. they're all trying to stress that that will be no limitations on intelligence sharing with the u.k. even though the country is working with far away do you think that suggests that it's not all about security. well no it's largely about security i think but it's also about you know economics trump or would like to have the u.s. corporations get that business not just you know the 5 g. business but the you know technologies are the in

g. networks in russia and that's a very good point let me take you to see even rajiv expand that type of nation and different areas absolutely i'm sorry to cut you all sort gentleman but we are in the dying minutes if this debate steven rogers certainly the u.s. is very keen to curtail huawei and its 5 g. networks does this not look like she sing yourselves in the food alive a relationship to develop between china and russia where huawei can i cite in a very lucrative contracts indeed this is not shutting down or way this is allowing them some expands well look it may look like that but i don't believe it is and you know what i see here 2 countries is like a marriage during the honeymoon stage they have a common goal right now is to use their relationship as leverage against the united states but look at i think the soul and in they divorce if you will i use that term because you and the other guest mentioned before there are competing interests here so we go back to what i said originally using this as leverage against the united states with regard to president trump sections but at the

g. network using one way can be perfectly safe. and moreover it is actually vital for the future of britain as sort of a front runner in the lead to technologically and so far this debate has been very political but now we're seeing industry step in and say actually we need clarity on what happens with wall way still to come muslim gangs in u.k. jails are using the threat of violence to get prisoners to convert islam on that after the break. what bitcoin decline is magic internet the new type of digital currency the centralized digital scarcity chancellor bring a 2nd bailout for bankers call the genesis blog for reason because being a civil disobedience a source of optimism because i can control my own financial destiny it's just a new way of coming to consensus it's a game changer in the human history this is columbus discovering the new world this paradigm shifting technology that transforms economics and finance in a heartbeat the apollo 11 landing on to the max and stacey. so what we've got to do is identify the threats that we

to develop britain's g network. donald trump is very anti— them. britain's g network. there watching the elections, and australia is very worried about this as well. there is a special relationship, the five eyes partnership between america, canada, britain, new zealand, and australia, where we co—operate much more closely than any other nations in the world. and these worry across the world, australia because of its economic closeness to china, is especially worried about this. they have seen how china behaves when they get a commercial grip into your country. basically the idea is that they will use this technology to spy. and the argument is that huawei is essentially an arm of the chinese state and the chinese government can order the company to spy on us. british intelligence is saying they could be partly involved in part of the network and we could retain the core of our network and we will still be safe. america and other parts of the five eyes network are not so sure. but theresa may is not going to take this decision, it will be borisjohnson, going to take th

g. network the technology for this network the switches we would effectively allow this company which has its origins in the chinese people's army to eventually switch off the internet without our countries having a say in it on the financial side of things conrad the costs of this whole experiment if you want to call it that without the likes of weiwei industry leaders here in europe reckon that 5 g. is going to cost something like $55000000000.00 euros more. yes if we don't allow way that's what you know the operators for mobile services are saying who want to reduce cost but maybe security comes out of cost ben and may be the competitors of way of ericsson and knock your name the 2 european companies are able to produce better quality experts we have to decide on that correct security does cost thanks for joining us from. globalization in its tracks china has. a free trade and it's. a key transit country between china and europe. government plans. for. transferring shipping containers from china. chinese. so containers have to be transferred before they can be forwarded to central asia

g. networks as the us china trade conflict continues on the frontline. us comic of ford says it's cutting a total of $12000.00 jobs in europe by the end of 2020 as it tries to return to profitability on the continent ford will close plants in russia france and the u.k. and reduce shifts at factories in spain and germany some cars are already known including will buy 1000 positions here and 2000 salaried jobs across europe slow sales and new technologies pushing automakers well why do you make drastic changes . in rental scooters the latest trend to hit many cities straight the 1st serious accidents have been reported and critics say they made the economically viable nor environmentally sustainable. this couple is doubled up on one scooter even though it's illegal in germany you can now find these vehicles for rent on nearly every corner in the heart of berlin and this summer people are scootering through the streets and parks of the german capital where 15 companies are competing for the market critics complain that they clog up traffic and consume too m

they have to show the resiliency and safety of five g networks. that is what we got from that statement from donald trump. trump is busy with g20. we have one eye on this democrat debate that has been taking place in miami. we can also have a little bit on that later on in the program. what about what is going on in we just heard rk -- osaka? >> we just heard from present from. he mentioned when it comes to 5g, they must ensure that brazilians and security of 5g networks. this is in light of this whole the u.s. hashat imposed on china and his company. a lot of questions about what they will and whether be sewn into these talks with president trump and xi jinping. there were talks that perhaps china would not a great to a deal unless the u.s. lifts the ban. >> we will continue to cross over to yvonne man. busy with g20 and the second round of democratic debates just ended in miami. let's go to our chief washington correspondent. kevin, give us the highlights. , live,we are here senator bernie sanders is talking to reporters behind us. on day one, h

g. networks went live in south korea this year was the 3rd of china's most bog connections will be running on 5 g. by 2025. and because resurgence is big thing up steam the price of the project currency has soared to its highest level since january last year in asian trading on wednesday because it jumped 10 percent to a price of just under $13000.00 it's now risen for 8 trading sessions in a row. let's go over to. our financial correspondent in frankfurt what's driving cryptocurrency is to go through the roof again. well ben it's a lot to do with facebook's plans of coming up with its own crypto currency libera now traders believe that facebook's entry will lead to tomorrow's crypto currencies and would also help bring them mainstream so that's one of the reason and then there's another argument it's about the safe haven argument believe it or not many investors do see going as a safe haven asset because it's not related with any other asset and it is not moved so much by what governments and regulators do so because of uncertainties around. i don't in the economy all around because of th

g. network in the country over the next year the agreement was signed on the sidelines of a meeting between chinese leadership jinping and russian president vladimir putin in moscow. wake up and smell the coffee especially as it's getting harder to produce all still coffee prices have been plummeting spelling trouble for many small scale farmers. it's just seen for coffee lovers to savor but with the demand for a fine tasting coffee growing so too have called for sustainability the market is booming in germany and the higher prices paid for it to improve producers living costs most of the world's coffee grown by smallholder farmers there are 4000000 of them in ethiopia alone africa's largest coffee producer which is the country's number one export. but for the last 2 years world coffee prices have been heading downhill even slipping below the critical level of $1.00 a pound last. that kind of price slump hits smallholder farmers worst of all increased illegal coffee initiatives aim to alleviate the hardship by paying better prices and investing in sustainable development. to malawi da where

g. networks china is bracing against other countries to deploy high speed connectivity it's seen as a response to the trade war with the u.s. the move will lead to telecoms investment and vendors like weiwei it's been blacklisted by the way safety is it could be used as a tool of chinese state espionage denies the claims. india's central bank has cut its key interest rate by a quarter percent to $5.00 corporate investment and consumer spending a faltering benchmark interest rate is what the reserve bank of india charges on lending to commercial banks going the right makes it cheaper to borrow. inflation in the fastest growing all the major developing economies in the world. now if you type sri lanka into google the next word the pops up is safe travelers want to know if it's a safe place to visit again as the president recently put it the tropical paradise had become one of the world's top tourist destinations until suicide bombers killed over 250 people in april. sri lanka's beaches were a favorite german holiday destination until easter sunday terror attacks now the country's hotels are almo

g. network.how do you see that evolving at that aspect of the relationship but there's clearly a huge pressure from the security side of the u.s. administration to restrict y.y. in the u.k. the u.k. doesn't really believe that there is a security threat that the americans are identified and things that huawei is doing good things in this development of the backbone infrastructure for the 5 g. networks i wherever there is this cloud hanging over huawei which is the chinese law which of largest companies to cooperate with the state. repeatedly denies that it's nice doing this but you can't get away from the pressure from the americans so i think teresa mayes going to be told repeatedly by the un donald trump during this visit you must look while way you must lock away and the british side will be saying well we don't want to because we believe that so it's it's that it's a source of tension. and beg thank you very much for speaking to us ian bogost from the london school of economics joining us the

g. networks who are always strongly denies the white house's claims that its systems could provide a back door through which beijing could spy on or even cripple the west and despite u.s. efforts ranging faith in sis huawei can repair its broken wings and fly again. china has abandoned an attempt at the world trade organization to get dumping levies on is exports dropped the e.u. and u.s. charge extra in some imported goods from china claiming that state subsidies make them unfairly cheap beijing or of a denies its influence in prices and says its should be considered a market economy china successfully argued that at the veto at the w t o the answer dumping levinson would have been dropped but an official in both of the cases the chinese have pulled out before the decision against them became official. as a milestone for the vietnamese car industry today the 1st customers of local manufacture of in fast get behind the wheel of the country's 1st overgrown cause then fast is hoping to become the 1st only with no means car maker to challenge international motoring heavyweights. lined up and

g. networks and a u.s. led attempt to ban it is a major sticking point already on friday.

g. networks.