they make a lot of stuff in switzerland.y did talk about the rmb effect. >> half of their research and development is done and they said that's where the impact is. when you look at the 20 numbers, the currency shift -- 2014 numbers, the currency shift. they didn't say how much. they said the swiss national bank decision has made a life more uncertain. and if they are thinking twice about expanding. there were looking at acquisitions. about their swiss operations, they think twice about the cost that will be driven higher. they said it will not affect job cuts. it won't hurt to jobs. luckily, much of their debt is an dollars a euros. they said they have been dealing with this for years in fact. overall, bringing them back dollars and having to convert to swiss francs for reporting purposes underlying business not as good as expected. >> the underlying business. china is a problem. united states pizza and other frozen products. what are we looking at? >> more optimism for 2015. they admitted 2014 was not at their best year an

interesting developments the way that's working out here in switzerland, americans living here in switzerland with an american passport find it very difficult to get a bank account here now, very difficult to buy a house because they can't have a mortgage because they don't have a swiss bank account. basically swiss banks don't want to touch american clients anymore until this business is sorted out. >> imogen foulks there. stay with us. much more to come as argentine that's president. konohito... and this guy... who knows a guy. hey guy. i know a guy in new york, vegas, dallas. i've known some guys for decades and some, nice to meet ya, let's deal. my competitors may know a guy, but i know over 60,000 guys. and gals. exclusive hotel deals - up to 60% off...priceline.com >>> this is "bbc world news." the latest headlines for you. the ukrainian government withdrawing troops from the key town of debaltseve and a bank sub subsidiary and investigation into money laundering. >>> french police will help investigate a report racist fans pushed a black man off a train carriage in a metro stop in pari

switzerland has always had to cope with a strong currency.rt-term fluctuations at this amount are a huge challenge. it is tough. we will have challenging times, but i'm very confident and very calm long term this will be a win for the strength and independence of switzerland. >> negative rates will decline negative rates. where do clients turn to in terms of search? >> clients move decisively away from cash. the concept of paying something for giving somebody money is completely out for clients. they look for innovative fixed income solutions, so global aggregate bonds, absolute return bonds flexible bond strategies are very much here, so clients are willing to take on well managed rates in order to protect their assets and have a decent yield. they look for structured products that gives them success, and some of the clients have started to look into gold again. you promised so much. is this the year of delivery? >> we never promise to do a deal. we always promise to use our capital wisely and in the interest of shareholders. i think we done

denmark switzerland, 2015. set to be the year of easing.ld 16.3 billion kroner last month to preserve the euro peg. 12 central banks, nations eased monetary policy last month. thendenmark keeps going. we spoke to the danish central governor yesterday. this is what he said. >> euro and kroner is very close substitutes. so, but of course, if anyone starts having doubts about the peg, we will have an issue. and therefore, our message to the pension industry and to investors at home and abroad is that we will keep to the peg. we will do whatever it takes. there is no limit on our balance sheet and we can go on forever. >> mark gilbert joins us. mark, a little bit of draghi. whatever it takes. it could be thomas jordan 2013. >> that is the lesson what else is he going to say? technically he is right. he can turn on the printing presses, unlimited amount of danish krone. buy foreign exchange, let the foreign-exchange reserves sweel the -- swell. technically, he is correct, but he is taking on the market, and the market can stay solvent longer tha

life isn't always easy for immigrants in switzerland. in his sermon, father mussie talks about the responsibility that everyone has for their own fate. the priest knows the problems faced by the members of his flock -- after all, he was himself a refugee. the church members appreciate a priest who understands their needs. as often as he can, father mussie travels to roe. he lived there for many years, and still looks after refugees in the city. he sleeps at the vatican but pays his travel expenses himself. his friend abraham drives him around rome. the two have known each other for more than 20 years. >> whenever anyone turns to him, he never says, "i can't." he just does it. >> father mussie takes us to the ponte mammolo refugee camp. cameras aren't usually allowed here, but the residents make an exception for the padre. it's a slum similar to those found in africa, but we're right in the middle of wealthy europe. the residents are left to their own devices. >> around 130 people live here. it's an unacceptable situation in a civilized c

>>> i'm at the 45th agual forum meetings in davos switzerland, and about to lead a conversation about closing the infrastructure gap. most upped we are not building infrastructure or maintaining that that we have. some of that is because of a shift in how we gn the biggest -- finance the biggest infrastructure projects like power plants, roads, dams, railways. with interest rates at low, this may be the best time history to figure that problem out. >>> the conversation we are having is about bridging the infrastructure gap. the infrastructure financing gan in particular. it's a remarkably important topic. many will not under why there is an infrastructure gap. there has been a remarkable change in the way we finance infrastructure projects in the world. over the last several years. some of it has had to do with the recession that this world felt, and the degree to which banks will get involved in infrastructure issues. as we will hear from our panellists many of the issues are country specific. these are different depending where you live in the world. in the developed world there are

access restricted only on al jazeera america >>> i'm at the 45th agual forum meetings in davos switzerland, and about to lead a conversation about closing the infrastructure gap. most upped we are not building infrastructure or maintaining that that we have. some of that is because of a shift in how we gn the biggest -- finance the biggest infrastructure projects like power plants, roads, dams, railways. with interest rates at low, this may be the best time history to figure that problem out. >>> the conversation we are having is about bridging the infrastructure gap. the infrastructure financing gan in particular. it's a remarkably important topic. many will not under why there is an infrastructure gap. there has been a remarkable change in the way we finance infrastructure projects in the world. over the last several years. some of it has had to do with the recession that this world felt, and the degree to which banks will get involved in infrastructure issues. as we will hear from our panellists many of the issues are country specific. these are different depending where you live in the

he was subsequently charged with industrial espionage by switzerland. a french authorities have so far refused to hand him over. instead they are sharing the information with tax authorities across the world. >> there is potentially more bad news for big banks on the way. "the financial times" reports that u.s. authorities are expanding their investigation into the minute relation of foreign exchange market. the report says they will be looking accuracy-linked investments that were offered by barclays and ubs. the department of justice in the united states is investigating whether the banks do not disclose the profits they were making from currency trades. >> we and the bulletin with fears over the chinese economy, except that some things never go out of fashion like fine french food. and drink. >> well, drink it specifically in this case. this is a company that markets and bordeaux wine in hong kong. they say that excessive supplies on the market have driven prices down, but the demand for borderline is back at levels not seen since 2010. rising back t

consultant from hsbc's private bank in switzerland in 2007. and he went on the run. in the end, that data ended up with the french authorities. it was leaked to "lamonde" and to media organizations around the world and to the uk it's panorama and "the guardian" who are looking at the story. and it gives us amazing insight as to what life is like inside a private bank. nothing illegal about private banks, you can have an account there, but because private banks are secret some people have used them in the past for evading tax. and this data allows us to look at the way people were using their bank accounts. and to give you a little picture of perhaps what was going on there, the french authorities assessed all of the data surrounding its citizens. and they found that 99.8% of the accounts on that data they thought, were for tax evasion. >> so what exactly was going on at hsbc's private bank in switzerland, then? >> essentially, they were involved in tax evasion for their clients, for some of their clients, on some occasions. and they did it in a variety of ways. so th

they travelled to a clinic in switzerland, where she ended her life. >> today her journey is complete with the supreme court of canada granting canadians the right she was denied. this is a case about people with serious illnesses can find peace and comfort knowing they have a choice. >> reporter: on friday canada's supreme court gave people the choice striking down a ban on assisted suicides. they are to craft a new law. failing that the ban will stand. canadian parliament mem mek steven fletcher who became a qued pledgic after a car accident praised the news. >> this is a momentous day, an

a lot of the r&d is done in switzerland. expensive to do this in switzerland.t moving people out of switzerland and think about operating from other bases as well? jonathan: looking forward to that interview. almost it for me on "on the move ." let's check out the ftse. not getting any closer to that all-time high, trading lower. the energy stocks on the ftse getting dragged lower by brent, getting slammed. if that depresses you, can we bring you a live picture of london? pretty beautiful this morning. if you want to continue the conversation, you can follow me on twitter. ♪ . >> raining in greek. ecb wants agreed the banks to capitalize controls. a lower for longer. the u.s. federal reserve surprised with village in its to keep interest rates near zero. and the china challenge. sales growth near the low end of his target as it struggles in its second largest market. ♪ >> good morning. welcome to "the pulse." i am guy johnson.

charlie chap plan's home in switzerland opening up for visitors. but first to belgium where three men have just been arrested suspected of having links to islamist militants. reportedly they provide more jihadist fighters to syria than any oth

. >> switzerland was always able to adapt to a strong currency. there are conditions that are still quite favorable but it's true we need to make sure there's no sense of complacency. switzerland needs to also look at the reforms and staying very competitive and so i hope our legislator and politicians will focus on making switzerland still an attractive place to do business. >> you just mentioned the negative impact of the negative rates on your interest margin but are you also extending them to your customers? >> for the time being our corporate clients are effected. balance is about 100 million swiss francs with us. we have no plans to touch any other clients for the time being but we need to watch the situation carefully and it's all in relation to what the swiss national bank will do. >> let's talk about litigation and regulation. we're still waiting for the doj settlement. do you have any more clarity on when that will come and whether provisions will be high enough? >> we have been always proactively addressing the issues from the past and

boss sheltered millions in switzerland.he last of the super fights, the big numbers behind many employed. i amme to "first up." angie lau. debt tragedy won a reprieve on friday with a four month to its current bailout program. it's not what the government wanted, but it does give them breathing space. he puts forth new reforms and increase must wait a week to see if they pass the test. -- greece must wait a week to see if they pass the test. what they wanted was not the extension, the au. promisingnto power the people what would not happen again. cyprus and the great prime minister talking about winning the battle. here he is addressing this after what he calls a victory with the european ministers. >> we won a battle, but not the war. the difficulties, the real difficulties, including those related to the negotiations and our relationship with our partners, are still ahead. >> bottom line is the troika continues for another four months. the bailout extension promised for months. o, the old reforms will stay. what they can

because the site is in german it's in austria, switzerland. at this point over 1,000 decided to do so. thelma gets the delivery. bakery its and sandwiches and uploots a picture letting users know when and where to get it. if you signed up to rescue food it tells you where to make a pick up. thelma is back at the tea shop. actions are local. and as germany imports a lot of food. the effect reach wide. every time we throw something away we contribute to starvation in the world. by reducing the waste we can help on a global scale. >> finally, with leftovers from a school cafeteria. here the food is free. however the satisfaction is not in the eating but the sharing >>> you'll find out more on that story and other global headlines, more from the website, aljazeera.com. aljazeera.com. aljazeera.com. . >> hello, i'm ray suarez. last week the talk in european capitals, ukraine and russia was of a ceasefire in eastern ukraine. one was signed but the ink was barely dry before the shelling, and dyeing continues. the ukranian army has been chased out. it

what you see is an exchange rate problem also that we in switzerland since we produce everything in switzerland will have less revenue because we are defensive in increasing prices we want to maintain the units and we have not lost any units. 70% are down from this watch group and here we are growing and we are not slowing down or we are not decreasing our numbers. >> look three weeks ago we saw that shock move by the snb and you came out quickly saying this is a tsunami for tourism and the swiss economy in general. the frank weakened some what. we're now at 105. do you think the consequences are that dire. >> yes, it's a psychological problem. you know what i said the boss of the swiss national bank name is jordan. jordan is a river and i said look his name is a river and it reminds me of the tsunami and it's true because the swiss national bank for which we did a swatch watch because they always acted in the interest of the whole country they took an isolated decision very cold like bureaucrats and they communicated it the worst way and sent shockwaves to everybody and that was the action the

charlie chap plan's home in switzerland opening up for visitors. but first to belgium where three men have just been arrested suspected of having links to islamist militants. reportedly they provide more jihadist fighters to syria than any other european country, leaving belgium as one of the greatest security risks. these fighters are now coming back possibly to carry out terror attacks in europe. how did things get this bad? to find out we've been to meet young belgium muslims, the men extremists are trying to win over. >> these teenagers mostly come from muslim families north of brussells they feel united as a group and it's on a football pitch that they feel at home. >> hey stop talking to the journalist. they only make us look bad. >> stop filming right now. >> but eventually some of them did speak to us. they told us how their group feels torn apart as recently nearly 30 teenagers left for syria, enlisted by extremists. >> that's terrible. i know some of them. it's really sad. they could come back dead. >> i'm against them going to syria. tha

manus cranny live in switzerland having interviewed the ceo of ubs.arack obama is taking a tough line on russia. violence in the region escalates, including providing weapons if pieced negotiation's with russia fail. >> it is true that if diplomacy fails, i have asked my team to look at all options. what other means can we put in place to change mr. putin's calculus. the possibility of lethal defensive weapons is one of those. i have not made a decision yet. >> angela merkel visited washington yesterday. she staunchly opposes sending weapons to the ukraine. she says that will not shake the alliance. the eu has delayed another round of sanctions against russia with trusnik negotiation's scheduled for tomorrow. what did we learn from the press conference yesterday? >> we know we have a president who is very much waffling. he is publicly weighing all of the options. he is mediating a dispute within his own white house. from merkel, we have a clear position. there will not be a military solution to the conflict in eastern ukraine. both leaders made it ver

details of thousands of counts -- accounts from accounts in switzerland.the bank has fundamentally changed in recent years. the bbc's richard dawson has more. >> it is the bank that helped clients break the law. now, hsbc secrets are out. it starts with a leak. hsbc's private bank in switzerland deals with wealthy clients. now we know how. they show widespread tax evasion and a bank prepared to keep dodgers ahead of the law. with assets not declared, we discussed her options. these funds were not declared. >> i think they were a tax avoidance and tax evasion service. because that is what they were. >> stephen green ran hsbc at the time and oversaw the bank that broke the law. the government has seen the damning files but still promoted him as a tory year and made him a minister. -- a torry peer and made him a minister. you are helping people dodge tax. why would you do that? at the time, millions of pounds. the things you were allowing to happen, how can you defend that? hsbc told us it has fundamentally changed its private bank and has far fewer clients.

if apple does declare sovereignty, i would live there, as well as switzerland. those are two great countries, potentially. >> reporter: can you imagine? i just wonder what the cheese and the cowbells would sound like in the land of apple. >> i hope they have good skiing. >> reporter: you've got to wonder, don't you? i wonder if they'd also have coca-cola, because that's where i'm going to take you next. the drinks-maker reported a better set of numbers. the markets were happy with the figures. that pushed the share price higher but it is worth pointing out that the ceo in a conference call said this is a transition year for the business. they do expect to still take costs out here. and you know what's hurting coca-cola here it is the mighty dollar. even as the dollar gets stronger, it means it's tougher on those comparatives on overseas sales here. so a little bit of a drag coming on the dollar as far as coca-cola is concerned. back to you. >> and geoff, quickly, we see green arrows across the board from yesterday. however, oil prices continue to fall. so, what

of think you can hide in switzerland? you should have known, where there's cheese there's a rat. >> none of this would have surfaced had it not been for this man, herve falciani, an hsbc computer security specialist at the geneva, switzerland branch. ( laughter ) >> jon: falciani is a computer specialist. with a face like that, he'll have to install a firewall, in my heart. but good on him! the whistleblower falciani has done the world economy a great service. how many medals of honors and keys to the city did they give this gentleman? >> swiss authorities charged him with espionage. he ended up in a spanish jail for five months fighting extradition and made court appearances wearing disguises saying she feared hear his life. ( laughter ). >> jon: judging from that disguise you should be charged with sabotage! you gotta go with the beasties. that's the disguise you should go with there, the one that makes you look almost exactly like yourself? ( laughter ) even the bikers who wanted fruit on their ihop pancakes put in mor

you can compare us to switzerland, for example.tzerland is an economy that depends vitally with trade with europe. europe is in trouble switzerland is in trouble because of that. for us, we're not that sensitive to international movements. >> we came to philadelphia today because charlie is retiring after eight years as head of the philadelphia federal reserve bank. he gave his last big speech today. in it, he was defending the fed and its independence and attacked legislation on capitol hill, such as audit the fed legislation, that he said could jeopardize the fed's independence. came strongly against that in his final tv interview with us today. gerri: what does he say about interest rates peter? >> well, charlie is known as an inflation hawk and he actually would have liked to start raising interest rates yesterday, if we could have. but he would like the fed to raise rates sooner rather than later to get this process going. if the economy continues to grow and if it starts to accelerate and interest goes up faster, he wants to

they landed in versailles in france, and then they went to switzerland to a small village.s in switzerland that the trains from crystal city -- not really, from the united states but had is crystal city people in it -- landed at a train station in this village in switzerland. the train coming out of germany was at the same train station, and they switch. >> the war was still going on. >> the war was still going on. i began to wonder, who was on the train to freedom when ingrid and her brother and sister were on the train in the war? by that time, there weren't that many americans still left in germany. there were some prisoners of war that were freed. by this astonishing thing, i learned through the national holocaust museum that germany did not have enough americans to give. they gave about 100 jews who were not americans, obviously. they were from amsterdam, and they were from germany. there were 100 jews that made it out. one of those jews was named irene hassan berg, who is exactly the same age as ingrid. i tell the story in the book of irene making it out when ingrid w

switzerland cpi in 12 minutes time. we are talking about greece, the big question for the last couple of months or years. what does it mean for the rest of the year, and minister david cameron shared a meeting with the treasury and bank of england officials to discuss the potential impact of a grexit on the united kingdom. we had the pleasure of cactus -- catching up with george osborne. >> it is clear the risks to the world economy and british economy are the standoff between the eurozone and greece is growing each day and i think the risks of a miscalculation might be growing as well. so here at the g-20, we are urging all parties -- we're stepping up our preparations. we have to make sure the british people are best protected from whatever develops. because i am clear that the greek exit from the euro would be very ethical for the world economy and potentially very damaging. we have to be prepared for that outcome. jonathan: greece who cares? we know it is something george osborne is concerned about but the equity ma

. >> went switzerland decided to scrap its policy of capping the frank, echoes were heard around the world. brokerages had to close. it was just a snapshot of how disruptive volatility can be. lisa brummel it's joins me now with more on this story. how much concern on volatility versus rate hike. >> what i'm hearing from investors and analysts is that ball iteris -- volatility is increasing in the debt market. that could be a bigger threat than a sustained, gradual rate increase. volatility is a bigger threat than rates rising. it's partly because there is a complacency that is setting in in the markets that rates will remain low, that inflation will not pick up over a meaningful time. people are planning into longer-term bonds, going back to the that's -- that's -- bets that were pummeled. >> of their holding their investments, how does this bond volatility matter? >> can they get out when they want to or with a hold the maturity, get payments, get coupons? people are concerned about whether this will turn into a panic scenario. data points showing more inflation risk really disrupt

tim woerners lee from his lab in switzerland invented the world wide web in 1989, which was only 26 years ago. the great epics in human history, the bronze age, iron age, agricultural revolution, industrial revolution, they span centuries. we're only 26 years into this internet age. we've only scratched the surface. and as i guess they say at google, the future is awesome. we haven't even begun to imagine the discoveries and innovations that are going to be unleashed in the decades to come. but we know how we'll get there. reflecting on his work in the 1960s on arp net the precusser of the internet, the late paul baron said this, the process of technological developments is like building a cathedral. over the course of several hundred years new people come along and each lays down a block on top of the old foundations each saying i built the cathedral. and then comes along a historian who asks well who built the cathedral? and baron said if you're not careful you can conyourself into believing that you did the most important part. but the reality is that each contribution has to follow on

this is the big gear producer in switzerland. demand up $.72 for the salesman and they have appointed a new chairman. they say all the growth this year will be around 10%. jonathan: so much to watch this morning. looking at a lower market open here. the dax is a little lower as well. since the market opened here in europe, of course it opened dominated by the story of the day, the ecb turning the screws on greece. the european central bank announcing they would restrict loans to the nation. that came hours after the greek finance minister met with mario draghi. how do you think that meeting went? greek stocks opened up in less than half an our time but if you want a hint, check out shares in the u.s. listed etf. you see that etf plunging on the back of that news. the greek of finance minister continues to talk today, he meets with the german finance minister later on. let's get with hans nichols. what are we expecting from that meeting? hans: we are expecting the german finance minister to present this unified european front. wha

access restricted only on al jazeera america >>> i'm at the 45th agual forum meetings in davos switzerland and about to lead a conversation about closing the infrastructure gap. most upped we are not building infrastructure or maintaining that that we have. some of that is because of a shift in how we gn the biggest -- finance the biggest infrastructure projects like power plants, roads, dams, railways. with interest rates at low, this may be the best time history to figure that problem out.

now let's move and go to switzerland where sunrise communications opened higher. the current price is 72.45. it's the biggest debut since 2006. it has a valuation of just above 6 francs. carolyn is live with the action. >> that's a pretty successful ipo. that translates into a pop at the start of trading of around 4, to 5, 6% at one point this morning and obviously this bucks the wider trend we're seeing in europe today. there's doubts in the market as to whether it would actually go through. interestingly enough sunrise communications announced its ipo in early february just a day before the snb shocked the markets and world by depegging the swiss franc. they said we saw strong demand from institutional and private investors across the world and they will continue to hold a 25% share. the other big question in the market as to what sunrise communications was doing 1.6 billion swiss franks. they said they're going to be paying down banks but is it also a precursor to compete? let's hear what the ceo told me this morning. >> we have a clear stand alone strategy. th

we see what is happening with switzerland.re out what's happening with denmark. it's taking a different track and negative rates, we think this the longer exists. let's take a look at this rum mark gilbert. >>walk us to the challenge the denmark races right now. >> everyone is excited about german and japanese yields. danish 10 year yields, well below. you might see negative on the tenure. they've spent $15 million trying to weaken it in january. there are people who want to be in there. there is a currency war going on everywhere. we are seeing the swiss back in the markets trying to weaken their currency. denmark has three decades of history on it side. if they decide to take you on, they may have quantitative easing. it looks under threat. >> you had a great piece on denmark. today you talked about switzerland. there is keyword that stuck in my mind. i have seen this movie before. it never ends well. >> i was aching back to 1992. on tuesday night, there was a fantastic speech from john major. the value is option. we're goin

and we are back in switzerland. the difficulty of running an enormous company. >> christopher wheeler. >> counting on draghi. varoufakis talked about how the ecb could help this country avoid a default. >> the manage heart to shaking up the airline industry. >> our twitter question. would you fly ryan air for business? tweet us and let us know. ♪ >> the ecb could simply hand over the money to be imf, pressure repayment. the ecb recognizes it is money and money that not a borrowed money but our money and overpayment to the ecb. why not simply have the distribution find it among themselves -- find it among themselves in a way of transferring the funds? >> that was yanis varoufakis talking about helping the country avoided default. as the bank deposits are starting to flow back. >> yesterday we had a deposit flight back 700 million to be precise. >> 700 million euros? >> came back on the news of the bridge and i have not checked the numbers. >> and you are still down by tens of billions. >> once you turn the tide, you

so he looked abroad, for seed money that took him to finland and switzerland. a few select companies control the real estate in the area. everything from small shops all the way up to luxury malls. because of its market reach wash box 24 has recently started working with central but some believe these huge companies are part of the reason thailand startups are struggling. >> the economy is being controlled basically by about 10 families. we need to empower the 65 million people and not just the 10 families. >> reporter: so until that happens, most looking to get their startups off the ground will have to look further than this shrine in bangkok. a traditional spot for entrepreneurs to come and pray for good business. most likely they'll seek their seed money outside the country. scott heidler, al jazeera bangkok. >> more than 90% of companies in bangkok are small and mead size businesses which leads to fears competition. >> about 60 cars discovered in france. >> rare classic beauties waking up. >> and why jamaicans are loving it bob marley tribute coming up. up

visiting greece and switzerland and france is getting a lot cheaper. to help you book your euro trips. we have the editor in chief of the points guide.com. europe on sale? >> yeah, we have seen amazing deals so far and there is norwedgian air now flying from the u.s. to europe and really low fares and there is a lot of competition to drive the prices down. it is not always cheep. you have to search to find the fares. >> this has to do with the exchange rate for the euro, places like switzerland might not. >> generally northern europe and scandavia is expensive but port you goal and spain and greece great values hotels are cheaper and everything is cheaper and even food. >> greece, we heard in the news these days. they are talking about abandoning the euro, and because they are in such rough shape they are looking for tourist? >> if you are adventurous. russia with what is going on there, the dollar goes far. and so in general with oil prices going down. we have seen airlines reduce fuel surcharges that are a big fair component. and there is good news f

because the site is in german, that means business is in awe austria, switzerland, can also use it.r 1,000 have decided to do so. >> he gets the days delivery, unsold bread and sandwiches. he upload as picture this lets hungry users know when and where to come and get it, if you have signed up to help rescue food, it also tells you when you have to make a pickup, and where to leave it or how to get food yourself. >> he is back at the tea shop for another delivery. he says the actions are local but as germany import as lot of food, the effects reach wide. >> every time we throw something away, we are contributing to starvation in the word, and by reducing the waste, we can really help the global scale. >> a final food rescue takes place with left overs from a school cafeteria the food is free however the real satisfaction is not in the eating but the sharing. al jazeera berlin. >> lauren, thank you so much. former porch bat has announced plans for an expanded world cup should he be votedededed in as fifa president he has also said he will give countries more cash to develope grass ro

with bill and melinda gates whom i caught up with recently at the world economic forum in davos, switzerlandbill, let me ask you about mobile technology. it strikes me this is the next big wave that's going to coarse through the world, particularly the third world. i look at india where i grew up. most indians don't have access to the internet because infrastructure is bad. people haven't run fibre optic cable. but when you get 4g and when you get cheap smartphones which are already happening, they're selling them for $30. you can imagine -- i think estimates, within five to seven years -- 800 millions indians will then be connected to the internet which is up really from about 100 million. talk about this. how does it change in why is it important? >> that cell phone is enabling. today the cell phone doesn't give you banking and online courses are not good enough, they don't connect to what you need to learn. but in parallel over the 15 year period, we'll be getting coverage up the price down hopefully more gender equity in terms of who has those phones. and the software online software wil

. >>> we're tracking a developing story out europe where two trains have collided in switzerland. >>> extreme cold taking its toll on the school buses. what they're doing to ke i love my shows, but i can't just sit around all day. that's why i have xfinity. their cloud based dvr lets me take everything i've recorded anywhere i go. which is perfect for me, [whispering] because i have responsibilities. ...i mean that's really interesting, then how do you explain these photos?! [people gasping] objection your honor. sustained. with the x1 dvr library you can take anywhere, xfinity is perfect for people on the go. call or click today. >>> our crews are out to help you and your family prepare for th setting cold temperatures. how the school district is making sure your kids aren't left in htthe cold. >>> also you might be waiting longer longer than normal for metro. there are delays on the orange and silver line. tom, just how cold is it? >> it is frigid windchills now around 5 below to 15 below. 7 below windchill, manassas now 13 below zero. >>> again chopper 4 over the or and silver line

nobody can produce it in switzerland. >> instead, they are lining up a u.s. partner.ss made label will have to be chopped, along with luxury elements that lvmh is renowned for. >> a smart watch canopy and exclusive watch. it can never be with special materials, platinum, gold diamonds. if it is obsolete, what do you do with the gold? >> it is expected to be launched this year. the marriage will be announced in the coming months. angus bennett, bloomberg, geneva. >> there is something quite topographical about this. swiss mountains, silicon valley. one working with the other. >> we will be speaking with the ceo of play tech. ♪ >> playtech is the world's largest gaming company. recently it inked a 20 year contract. his online gaming a safe bet for investors? great to have you on the program. gaming is an ok business. in terms of your biggest concerns and how much growth there is, give us a sense of what your main hurdles are. >> i think that we are in a great position. regulations across different countries across the world. we definitely go through a transition period,

lookout apple, a real watchmaker swatch in switzerland is planning to sell its own smart watch in theext stretch. that should come out sometime this spring. it will work with windows and android. radioshack has filed for bankruptcy after a century in business. the electronic retailers name may live on. they will be selling hundreds of stores to sprint. it may allow a store within a store concept. here's some -- in talks to buy 1500 to 2400 stores. the rest of them may shut down. senior analyst knoll is with us now. noel, talk to us now. who gets the good stuff? >> i think we're going to wait and see. you have effectively what amounts to a stalking horse bid. for up to 2400 stores with the agreement to have 1700 stores to operate as a store within a store concept with sprint. jeff to look at a real estate book and pick the best assets. because this is a luminary bed and it could stop -- eight preliminary bid, and it could stop the deal. >> is this when the bidders will go from store to store and pick out exactly which of the stores they want? >> they will certainly be working by demogr