tv Business - News Deutsche Welle October 12, 2017 1:15pm-1:30pm CEST
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how one mayor of a russian town solved the problem by printing his own currency for residents to use and would you be this enthusiastic about getting a chip injected in your arm there are calls for athletes to get chips to fight doping market shows a will have those are there he is getting a chip inserted in his arms i would not go for that all right so we'll have more on that for you in just a moment states. with the different languages we fight for different things that's fine but we all stick up for freedom freedom of speech and freedom of press. giving freedom of choice global news that matters d. w.
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made for minds. meet the germans new and surprising aspects of life and culture in germany. us american keep music takes a look at germany idiosyncrasies of their traditions everyday lives and language i can just come out of my lungs and eyes are so i'm young good. looking trick i am d.w. dot com the germ. of. a deal in the skies between looked on and bankrupt. it'll save the carrier from crashing financially but what will it mean for passages. reports from a russian village low on cash that's decided to create a. own digital currency. also coming up ethics and a business behind
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a move to chip relates to fight doping a good or a bad idea. welcome to g.w. business lufthansa chief executive costs says he's buying up more than half the aircraft of a flailing rival air berlin the frankfurt based carrier just signed the deal at noon today evelyn declared bankruptcy in august after years of losses and after its biggest shareholder gulf airline eighty had ceased financing it's been talks for weeks with la times and easy jet about selling parts of its business or calls it a great day for germany's biggest airline which is said to get even bigger something its international rivals aren't keen on. well for more on the. story i'm joined by and international aviation journalist in hamburg and g.w. said you ponder jim bellew who is standing by at berlin taking the airport hello to
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both of you starting with you made today marks yet another chapter in the demise of air berlin how is that going down in the carrier's hometown well of course we are brilliant hago airport and of course this is a main hub for air berlin and here there's a mix of relief and disappointment relief because obviously there's been a lot of uncertainty and so we now we're kind of seeing it shape how the future is going to look for the employees of air berlin and of course for how it might eventually affect passengers as well and of course is this appointment because that might also mean less choices for customers all right well what exactly that means also for customers i'm sure that underpay a speed can help us there i mean first of all what does it mean for the aviation industry for tons of and for easy jet who was also in the game. it's a big step forward for tons and there's no surprises history in the making for four
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weeks since the bankruptcy was announced in mid august but there's still some uncertainty in this because we still don't know who the other party might be the other major party picking up early in assets and there was talk as you just mentioned about easyjet but this has been really put in doubt in the last few days and we have to see the big picture because it's important also in terms of the merger and acquisition and all that there's another strong party picking up other assets rather than just move tons of us needs to be a balance in the council authorities but if they look at that so what happens if there isn't another big big buyer and that basically ends up getting most of the land i would that play out at least a bit maybe make an ok by the authorities or by the e.u. qatar or thought is less life here maybe they would only approve part of this deal that's the question of the market to tuition has changed quite dramatically over the last few weeks only because so far the idea was that left turns on is it to try
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to divide the assets between the two the them and then afterwards to to kind of keep ryan out of the market but in the meantime in the last few weeks ryan has become quite weak they actually counts lots of flights to big rostering problems and personal problems with their pilots so that's by now the situation has changed and is it just have a different situation in england as monarch lines has been bankrupt in the meantime and it might be able to pick up other assets from monarch much more cheaply than they would in germany so these are definitely not not easy time for air travelers making a decision who to book coming to ponder. it looks like they have to brace for one certainty how concerned they about that prospect where you are at the end take an airport. well i mean we've been speaking to a lot of passengers and there's a lot of concern of course about ticket prices people are concerned about you know how you know they're going to be able to pick in terms of flying from berlin to
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other locations has fewer choices now look tons is going to be the big player it's already a big player with lufthansa of course and the german wings which is also on the euro wings which is owned by love tons and so that's the bane issue competition and some people one person actually welcomed the news and said it's too cheap to travel by plane and that maybe now actually the train operator in germany or japan might be better able to compete with air travel so that was an interesting perspective as well but obviously ticket prices are a major concern and that will affect company budgets and of course personal budgets as well. just very briefly you mentioned. aviation sector in europe in turmoil where and when do you see that turmoil and it will end when contrary dacian has been taking place look at this a lot of other carriers that have pretty much an able to soldier on on their own
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look at. look at s.a.'s and scandinavia look at serbia there's many carriers who are too small to survive and this what we see in germany no is the biggest bankruptcy of european and in recent decades but this is only the beginning so there has to be more to come ok and they espied international aviation journalist in hamburg and it will be a steep on the take the apple and thank you so much for this to russia now where authorities have agreed to regulate the crypto currency market currencies of course such as bitcoin enable individuals to transfer value to each other and pay for goods and services bypassing banks and the mainstream financial system it's a trend not just in big cities but also small communities. one not far from moscow. the village of color you know though a couple hours drive from moscow it's home to just seven families who would have thought that this town poses
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a threat to the world's financial system that's what the russian government is accusing this mayor of doing. like everyone else i had no money bank loans were too expensive and the government didn't help either there just wasn't any money so we thought about it and said let's print our own way. and that's exactly what he did the mayor named the currency the colli own after his village of call the novo as soon as moscow caught wind of what was happening it banned the currency but that didn't stop the mayor he simply digitized the call the on creating a new crypto currency. now needs is a smart phone to make payments. russian central bank chief. is trying to regulate crypto currency is to stop wild speculation but other financial experts see the new payment systems as a great opportunity. countries have hit us with
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sanctions. and the sanctions we could get worse. that might not seem like currencies are a valid alternative to traditional payment systems. thanks birds don't need to convince mayor shirley apne cough he's keeping his coli owns no matter what moscow thinks. well a huge market a new market actually is opening up for the microchip industry professional athletes could receive a microchip implant in the future the head of the world olympians association says it's a way to fight a doping but the idea is not new in the united states employees and some companies are having chips implanted on a voluntary basis the chip can function as a door open a computer log in over the company canteen football clubs in argentina are testing chips of their funds which lead them into the stadia and the chip can also help
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control fans prone to hooliganism. that's quite a sort of futuristic idea but let's find out more from the us sports reporter oliver moody first of all i mean this this ship can help fight against athletes taking or have been using doping how i mean does it like give them electric shocks when they do or how does it where nothing quite so barbaric is that monica is basically just constant monitoring and then sending the data to the chips akin to test for illegal substances out so that it can be analyzed the problem or one of the problems with the current system that the world limpy and association chief mike miller mentioned was the athletes are only being tested when the test is done up at their door so it's only periodically whereas the chip would obviously be twenty four seven at the constant to put that in context if you think of the russian diving scandal in the last few years where athletes in tournament samples
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are being swapped out allegedly for pre-tournament clean samples with this chip that would not be possible that kind of tampering that kind of cheating may not be possible that we have to see what's in people's blood and punish them or their hopefully not through electrocution yet there would be helpful but i mean if this chip is so so useful why it's not being used already well there are a lot of issues associated this firstly the rights of the athletes i mean if you say to people we're going to put a chip in you that track your movements and monitors your blood and if you say no if you don't want it then you're not allowed to do your job that is problematic to say the least. the response that mike miller had to that was not particularly reassuring he basically said we ship our dog so why can't we have our athletes now i don't know the law and they say it's ok for dogs so it's ok for humans is not perhaps going to fly with them and also tech issues are these chips open or vulnerable to hacking for example so there's a lot to get through that ok there's a few things to think about but i mean considering that sports can be quite big business and athletes certainly those that win gold medals they are trendsetters so
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do you see this chip being used in that sports sector. anytime soon i think technology certainly perhaps not quite chips because as i said the that can be quite nice but this technology could certainly be used to test it up in the future i think we'll see a lot more of that and you know if it if i could get around these issues if it could work as well then all the sports could be open to that so it could become big business which you. may think. our rides a report to all about moody thank you very much for being so frank about this. that's it from me and the business team here in berlin what business coming up in the next hour in the meantime thanks for keeping us company.
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spotlight on people. d.w. . entered the conflict zone fronting the powerful. one crisis after another of donald trump's of ministration some of his own making of those like the mass shooting in las vegas out of his control my guest here in washington is the republican congressman don bacon how long is he going to put up with a president whose proved so divisive to so many. in sixty minutes d w. w's program guide internet highlights. the home. dot com highlights. when i'm traveling i like to be comfortable. but i also want to stay up to date on the latest news
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and events. and d.-w. makes that part of traveling easy that's because it's available and thousands of hotels resorts and cruise ships worldwide. or have you found a domain signing send us a picture that shows d w in your room you could win a great prize d.w. dot com travel quiz. a very warm welcome to focus on europe i'm michelle henery glad you could join us.
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