exchange and not for the most positive of reasons for the 1st time a company from the elite club of german blue chip stocks the dax is filing for insolvency. wire card shares have plummeted by 98 percent within the past week following the revelation that the company had a gaping 1900000000 euro hole in its books that news came out after the companies are to refuse to sign off on its 21000 accounts this in turn led to the resignation of wire card c.e.o. marcus brown that prosecutors are now charging brown with market manipulation and tampering with wire cards books he's been released from custody on 5000000 euros bail. the insolvency filing does not automatically mean the end of the company though wire card could regain solvent c. with the help of outside investors should not emerge the company will be dismantled and creditors paid by the sale of whatever assets wire cart own. shareholders however will come out empty handed. scandal at why god has put germany's financial regulators under pressure buffett is being asked why he didn't spot the problems out the listed company sooner or even cause f

is leaving the german blue chip index ducks today which lists lists germany's 30 biggest companies the airline is in the midst of a crisis of the being badly hit by the coronavirus pandemic a government rescue package is planned but has not yet been approved by shareholders. 24 people were arrested and 19 police injured in rioting and looting in the southern german city of still cars on saturday night regional authorities say there were taken aback by this girl and for all city of the violence. trade with china is important for all european economies but also complicated e.u. investors have long complained about lack of access to chinese markets and unfair government subsidies so leaders from the un china are meeting today to discuss a new investment agreement. e.u. leaders in brussels are holding a video conference with their powerful counterpart in beijing china's foreign ministry says the chinese government touches great importance to the meeting the goal of the stalled investment talks is to turn 27 separate agreements into one bilateral investment pact it will regulate key issues

exchange and not for the most positive of reasons for the 1st time a company from the elite club of german blue chip stocks the dax is filing for insolvency. wire card shares have plummeted by 98 percent within the past week following the revelation that the company had a gaping 1900000000 euro hole in its books. that news came out after the company's auditor refused to sign off on its $21000.00 accounts this in turn led to the resignation of wire card c.e.o. marcus brown prosecutors are now charging brown with market manipulation and tampering with wire cards books he's been released from custody on 5000000 euros bail. the insolvency filing does not automatically mean the end of the company though wire card could regain solvent c. with the help of outside investors should not emerge the company will be dismantled and creditors paid by the sale of whatever assets wire cart own. shareholders however will come out empty handed so what's this is an astonishing fall yet it's hard to overstate it to be honest i mean this is a case of a german company going from darling of the dax to the dustbin in t

exchange and not for the most positive of reasons for the 1st time a company from the elite club of german blue chip stocks the dax is filing for insolvency. wire card shares have plummeted by 98 percent within the past week following the revelation that the company had a gaping 1900000000 euro hole in its books. that news came out after the companies ought to refuse to sign off on its $21000.00 accounts this in turn led to the resignation of wire card c.e.o. marcus brown that prosecutors are now charging brown with market manipulation and tampering with wire cards books he's been released from custody on 5000000 euros bail. the insolvency filing does not automatically mean the end of the company though wire card could regain solvent see with the help of outside investors should not emerge the company will be dismantled and creditors paid by the sale of whatever assets wire cart own. shareholders however will come out empty handed. and let's get more we are joined by business reporter rob watts here in the studio rob an astonishing fall from grace and it's hard to overstate really this is a cas

last time zone is leaving the german blue chip index docs today which lists germany's 30 biggest companies. is in the midst of a crisis after being badly hit by the coronavirus and make a government rescue package is planned but has not yet been approved by shareholders. police in france have clashed with festival goers at the fair to the music in paris hundreds of people gathered in the streets ignoring social distancing restrictions several arrests were made and a police officer was injured. german chancellor angela merkel as described as a par an outbreak of violence in the southern city of stock at the weekend in the early hours of sunday some $500.00 rioters attacked police officers and looted shops police lost control for several hours at least 19 officers were injured and 24 people were arrested germany's interior minister costas a whole family has been visiting the side off the rampage today he thanked police for their work and said the perpetrators would be punished. now our correspondents standing by for us in the back i want to german minister of the interior horses a whole for

is leaving the german blue chip index stacks today which lists germany's 30 biggest companies the airline is in the midst of a crisis after being badly hit by the coronavirus pandemic a government rescue package is planned but has not yet been approved by shareholders. at least 24 people were arrested in 1000 police injured in rioting and looting in the southern german city off the strip got on saturday night on monday in a show of unity across all political lines germany's interior minister who's saying over visited the city with local ministers now german chancellor angela merkel has also condemned the night of unrest that left shops damaged with broken glass littering the streets. a hastily arranged visit to take a stand the german interior minister was joined by his regional counterpart and the botton britain state premier clutch mon the weekend's damage and the extent of violence is still visible as a whole for calls it an extreme act of violence and wants to crack down on the rioters. i expect the perpetrators to be harshly punished. oh. this is about the credibility of our state of

it's have a look now at some of the stories making news around the world is leaving the german blue chip index stats today which list germany's 30 biggest companies the airline is in the midst of a crisis often being badly hit by the coronavirus and they have a government rescue package is planned but has not yet been approved by shareholders. and it's city of the 1st private car has crossed the new gentoo a bridge it's a milestone ofter an intense year and heart of construction following a deadly collapse in 2018 that killed 43 people. and archeologists in england say they've discovered a major prehistoric monument underground stonehenge the site consists of huge shots that form a circle more than 2 can all that is in diameter more than 4000 years ago researchers hope the find will help shed new light on the origins of stonehenge itself. the german football the it has accepted a lower price from domestic board hostages for the rights to screen its football matches in the 1st sign of a dip in the sports t.v. market brought costas style and design picked up most matches from the 4 seasons

is leaving the german blue chip index darks the airline is in the midst of a crisis after being badly hit by the coronavirus pandemic a government rescue package is planned but not have been approved by shelters. schools and colleges in france have completely reopened after months of coronavirus lockdown gradual reopening began in may but strict limits on class size meant that many pupils were only attending part time now open calls are allowed back in. place in france have clashed with festival goers at the fettle of music in paris hundreds of people gathered in the streets ignoring social distancing restrictions several arrests were made and one police officer was injured. german chancellor angela merkel is described as a whore and an outbreak of violence in the southern city of stuttgart at the weekend in the early hours of sunday some $500.00 rioters attacked police offices and looted shops 6 police lost control for several hours at least 19 officers were injured and $24.00 people were arrested germany's interior minister whole 05 been visiting the site of the rampage thanks polic

is leaving the german blue chip index docks today which lists germany's 30 biggest companies the airline is in the midst of a crisis after being badly hit by the coronavirus pandemic a government rescue package is planned but has not yet been approved by shareholders. and donald trump's former national security advisor says he won't be voting for the president come november in an interview to promote his tell all book john bolton said trump wasn't fit for office the u.s. president tries to have the book blocked on national security grounds is due for release this week. german chancellor angela merkel has described as a horror and outbreak of violence in the southern city of stuttgart at the weekend police lost control for several hours as some 500 rioters took over the city center and attacked offices in the early hours of sunday at least 19 police were injured and 24 people were arrested the head of police there says he's never seen anything like it in nearly 50 years in the job. shattered glass ransacked shops cut streets after saturday night's chaos hundreds of people came to this par

and from wall street to frankfurt at the end of an extraordinary week in german business 3 blue chip companies made major headlines for a very different reasons it's been a busy 5 days for our correspondent in frankfurt chelsea delaney. only. one of the worst. the european commission wants to investigate whether the german financial regulator baffin failed in its supervision of why oh why a card the goal is to find out if early warning signs were missed the german government says the case shows the need for greater oversight of the financial sector. the dutch and french governments have reached a deal to see france kalen through the coronavirus crisis the netherlands will provide a 3400000000 euro aid package to keep it that's in addition to a 7000000000 euro bailout already agreed by friends. and the world's biggest cosmetics company l'oreal says it will remove words like white fair and light from its skin evening products the black lives matter movement has led to scrutiny of companies who markets skin whitening creams l'oreal is a major seller of such products in the likes of asia

you with us. 1.9000000000 euros and that's the gaping hole in the balance sheet a german payments firm wire card the blue chip listed firm now says the money probably doesn't exist a scandal has led to a frantic sell off of its stock in the past days as well as the resignation of the company's c.e.o. and the growing expectation of criminal charges once a rising star in the financial startup world why a card has fallen back down hard when it burst on to germany's blue chip index the dax in 2018 investors were bullish about its business model wire concepts of contracts between retailers and credit card issuers banks and online payment systems like paper. saving retailers time and money but fraud allegations and questions over accounting practices dogged the company for 18 months things came to a head last thursday when wire card said audit just could not trace 1900000000 euros ended in its balance sheets the funds were supposed to have been in 2 philippine banks but on sunday the philippine central bank said the money never entered the country's financial system. the disappearing money scandal has already

german chancellor. is to be removed from germany's blue chip index the dax that's what the dax is operated george burgess is telling is the coronavirus pandemic as centonze as value plunging last week the government agreed to a 9000000000 euro rescue package for the country's biggest airline. many governments have told people to keep 2 metres apart to stop the spread of the corona virus but some people as we all know find it hard to do that a shoemaker in romania has come up with a way of forcing people to take steps to keep their distance. and let me. ask where me 0 of leather and 2 days of work go into making this shoe now it's not for a clown. it's a european size $75.00 social distancing shoe made by romanian shoemaker we go to lou. it's 2 people wear the shoes at the same time they'll be $1.00 metres apart. so people not respecting the social distancing rules and i said to myself let's make issue either to punish them or that they could actually wear and maybe that like they'll keep their distance. luke has been making shoes since the age of 16 and many of his designs end up in theatres and opera ho

tribute to great britain's awesome naval might and amphibious expertise, waves of british and blue clad germannfantry with artillery men go ashore in long boats while broad-sized british war ships shocked and awe any continentals who might be awaiting. but let us take a closer look at the red coats in those small boats and what do we see? these men are not wearing cocked hats. but round hats with narrow brims. and look at the back of their heads. there are no hughs or pony tails hanging down their necks. which confirms written observations that howe had british infantrymen crop their hair short, a measure calculated to ensure their comfort and also a time saver, sparing them from the inordinate amount of time required to maintain european hair dressing styles. we are indebted to richard st. george, for evidence of even more dramatic changes in the dress of howe's army. st. george as you've heard is an amateur artist whose pre-war drawings are often translated into widely circulated engravings. he continued to produce water colors after he went to war. three of these works dating from 1777, now

, it's another tribute to great britain's awesome amphibious expertise, waves of british and blue crab german infantry with artillerymen going ashore on long boats, while broadsides from british warships shock and awe any continentals may be awaiting them. let's look at a closer look at the redcoats in the small boats. these men are not wearing cocked hats, but round hats with narrow brims. look at the back of their heads. there are no ponytails hanging down their necks, which confirms written observations that howe had british infantrymen crop their hair short, a measure calculated to ensure their comfort, and a timesaver, sparing them from the inordinate amount of time required to maintain european hairdressing styles. we are indebted to richard st. george for evidence of even more dramatic changes in the dress of howe's army. he was an amateur artist whose drawings translated into widely circulated engravings. st. george continued to produce watercolors after he went to war. three of those works dating from 1777 now belong to the harlem pro library, which has loaned them for displa in cost

deck chairs are nicely lined up everything is in place to make german tourists feel comfortable the weather makes it even more enticement blue skies pools and palm trees the employees want their guests to feel safe 300 new hygiene regulations it and practice under the watchful eye of medical personnel no one should be afraid of contracting coded 19 here. not that we're going to improve the use of technology so that the client can request without physical contact and the service available at the hotel. just to be safe everything is disinfected regularly . we're not used to the new rules it's just a lot of cleaning the. beach police are also on duty they'll be making sure that sunbathers stay far enough apart the islands are conducting a test run with german tourists now if that goes well the islands will let him guess from other countries starting july the 1st. france is the current state of emergency for its krone battered aviation industry it's pledging billions in aid paris hopes the money will save thousands of jobs but the help comes with a catch. these are dark days for airlines worldwide despite new measures to prevent

take a look now at some of the other news stories from around the world a german airline look handsome leaves the country is a blue chip dax index today that lists the country's 30 biggest companies the carrier is in crisis after being badly hit survive a coronavirus pandemic plan the government rescue package is still awaiting approval by share homes. residents of a village on the iraq's northern border are fleeing turkish military operations against the kurdish rebels more than a dozen families in the town of shania said there have been days of airstrikes and shelling iraqis called on turkey to stop what it says up provocative acts within its borders. e.u. leaders have expressed great concerns about china's proposed national security law for hong kong the 2 sides matin a virtual summit on monday to try to find agreement on a trade and investment deal that europe hopes will help its companies compete in china cooperation of climate change and the iran nuclear deal were also on the agenda but talks have been overshadowed by concerns over human rights in hong kong . the w.'s chief international editor richard walke

and chips and dresses it doesn't matter to them whether it's a chechen arab or german who's joining the jihad or a smiling blue eyed frenchman from normandy. as long as he it hears to their religious ideology. it's feet up in the medina to do an article for your kid young but. it was written. from the moment they're born these children are raised and indoctrinated with this ideology. it's only known. and they have no choice but to adapt to the social environment. saddam pushes here. it's inevitable every child grows up immersed in the world view of their parents and protectors and it's on the experience life as a. good man that that amount yeah. it's a snap to the senate to see an awful it's very easy to turn a child into a fanatic because it's forming its 1st memories when synapses are connecting to the brain. if a child learns to hate it in the name of morality of course it's surprising how fast these connections are hardwired into the brain though. you don't just learn from books or in school you learn everything from the people you love them enough. to see. the child's brain is shaped by those people's wor

it might sound like blue sky thinking but the pandemic is resulting in improvements for cyclists and other german cities under around the world bank but the past milan mexico city bogota a numerous other cities have also introduced short term street closures and temporary bike lanes. in. we might be temporary grounded for many more weeks or even months to come but thanks to the internet we can top this big beautiful world. from pretty much anywhere without destroying all harming the involvement with god and outside the missions what your thoughts can now think you feel the storm is destinations historic museums and even interview local people you would really get to meet otherwise. travelling has become impossible since the world has been grappled by the novel coronavirus. many countries across the world have closed the borders and haven't closed travel restrictions to curb the spread of the deadly back. over 2000000000 people around the world are currently under lockdown. and it's not just people refuge 2 thirds of the world's peasant jets have been grounded as well putting an unprecedented stra

blues. and the bavarians then be glad back at home. before to win at labor which featured this. purba team goal was followed by a tight german cup semifinal win over frankfurt in midweek the bye and juggernaut just keeps rolling. it is simply a fact that we have a feeling in this group that every game we can get better that is there in the team it's part of the d.n.a. of buy in munich so duty and. you are never happy you always want to improve and fall. by a 7 points ahead with 4 games left but there is a sliver of hope for the chasing pack experienced forwards robert levy and thomas miller both suspended from the game against champions league chasing glad back after bookings in leverkusen much to their annoyance. however dortmund's trip to the sold off is also not straightforward the hosts are desperate for points given they sit in the relegation playoff spot. dortmund are not giving up the title yet but expect a difficult game. after missing and we must be very well prepared against such an opponent. i have watched a lot of docile golf games and recently they have been in good form the. moment. if dortmund lose in the earl

here commander fixes at the bundestag to meet the german parliament's police command they're going to have a look at the facility security layout. of his blue suit google this is the largest buddhist talk office building 800 offices. fox is particularly interested in the service entrance in the buildings. in this process we review the situation building by building although we can't analyze every possible detail. and the situation changes all the time. the main points for us are the location of the buildings was in deployment options for our units and the buildings and access points and we leave the rest to the specialists who work there every day it's a little to talk to this stuff but. it's good i love to have a look over there it's a mom or. most parliament house or this is the heart of parliament you can see the ministers down there because it's there they are. and. this is a joint training exercise intel of the. oh. by the g.s.t. 9 works with a number of foreign special ops units particularly israel's counterterrorist team called to. get the clue to organizations regularly exchange intelligence data and train together. for you so in th

german fin tech wire cart filed for insolvency last week many outside the financial centers of the world shrug their shoulders after all the company once a shooting star that made it right into germany's blue chip dax index was all but unknown to the consumers would likely not know whether or not they had any business with wire card but millions of customers of banking apps like curved pocket or on a money phone the assets frozen and banking cards not working today many were advised to refrain from non urgent money transfers so as not to overwhelm the fragile system meanwhile master card and visa half want clients that they could find themselves locked out of payment networks to. and so on a scandal like this one must be a wake up call that we need more supervision and control of the financial markets than we have today we oldest to the shareholders the employees of these companies and in particular to germany as a financial center and all of us as citizens. among the institutions task was supervising financial firms german regulator buff and as well as the european central bank according to reuters regulators fail to classify why our card is a financial holding and hold it to higher stand

german danish border. egypt says it will ask the un security council to intervene in a dispute over ethiopia's controversial mega dam project on the blue nile the gross asians between the 2 countries and sudan again for 3rd after they restarted last week egypt is worried that the ground ethiopian race on stand will reduce water supplies downstream. one of the philippines most prominent journalists and colleagues have been found guilty of libel maria ressa denies the charges over an article on her news website linking a businessman to criminal activity from manila general allen dog reports. it is seen as a major setback for press freedom in the philippines. one of the most prominent filipina journalists and one of her colleagues found guilty of cyber libel. that's after an article was published on her website a rappler linking a businessman to criminal activity. she is expected to appeal against that this ition many say the charges are part of a crackdown against the press by president would be good to tear does government i appeal to you the journalists in this room the filipinos who are listening don't be afraid because if you don't u

football and the german cup semifinals where 4th chair clubs are broken wasn't able to put off the david versus goliath upset that many were hoping for the dream ended with that the blue. the team leyva couzin coming up the winner. or just 11 minutes into the game and his side never. knocked in the 2nd goal and a few minutes later in the 2nd off it was kareem bell of robby putting an explanation point on the 3 you know when you have a cruise and will pay the window option knights of the save the final win by munich i dropped from fish. and a reminder of the top story we're following for you sharon concerns are growing that india's overcrowded prisons are becoming our own affairs office as the number of confirmed cases soldiers lawyers are trying to get people held in korea trial detention released before it's too late. you're watching news from berlin don't forget you can get all the latest news and information around the clock that's on our website www dot com or on instagram that's when a day of the news from proceeds going to i'll be back at the top of the joint meeting at. choosing that 1st time job wise only. it could have an effect on your entire career . what s