tv Business - News Deutsche Welle October 17, 2017 3:15pm-3:31pm CEST
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to rewrite. the story of the russian revolution. from the perspective of writers thinkers and oh i'm going to stay. what did it feel like to live in times over the revolution and the people. and to the russian art revolutionaries. nineteen seventeen the reluctant starting october twenty fifth on d w. i'm rather writing a line up for grabs. it now alitalia germany's the phones it wants them both and once again it's only eyeing off the best pieces of the carrier. growing pains in spite of the government low. as its growth outlook and blames the cattle in the
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process. and countries around the globe warn why funny uses of achatz act on the discovery of a security flaw. i made his will and that's the business turbulence in europe's airline industry germany's number two air berlin and italy's flagship carrier alitalia a financial flops the only reason they're still flying is biassed bridging loans from their governments that is until they're sold off the vultures circling. years of being in the red that's what alitalia and lean have in common both are now up for grabs and look tense and easyjet and waiting in the wings they want the juiciest takings from the planes themselves to the sought after routes and the prize landing slots there is growth expansion as a means of survival in an industry where competition can be cutthroat there are two
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hundred thirty seven airlines in western europe their margins are tiny according to the federal air traffic association each one hundred euros in turn over yields just for your o's ninety profit not enough especially when fuel prices are rising and passenger numbers falling but competition authorities could well be against having fewer larger operators. we all want strong airlines we want innovative and lines economically viable airlines good and lines but not at the cost of competition and if we in germany have to pay monopoly prices to create a strong airline then it's simply not a good business model. passengers won't be the only ones losing out in the consolidation process thousands of lean and alitalia employees will lose their jobs that much is already clear. boss to a massive increment however can expect
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a fast soft landing he took over the airline's top position in february his salary of four and a half million euros is secured by a fixed bank guarantee which comes into play even in the case of insolvency let's talk about this with conrad bowden after national correspondent in frankfurt co-wrote where to look there's growth ambitions leave the competition. well the competition gets more and more global and that is probably one of the opportunities full of plans are here to convince the author it is for example in italy now to become the one to profit from this conservation process here in europe also compared for example to ryan air lufthansa has a reputation of being a bit less brutal capitalist brutal if you like when it comes to running the company and when it comes to treating staff never the less the people working for
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you are likely to lose out when it comes to this deal about six thousand people working far expected to lose their jobs that would be half of the workforce ok back to you in a moment conrad first of all this story that will you'll also be following i'm sure european aviation giant air bus is a quite of a jar the state can bombard is ailing c. series passenger jet business at no cost the move would enable canadian plane make it to use an airbus assembly line in the united states possibly by passing tough tariffs imposed by the u.s. government. is this a clever move by bombard here and. yes it's very clever and not only because it might give them the opportunity to bypass those negative territory of sits even likely that the u.s. department of commerce will even continue to put high tariffs on the parts which
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bombard the air bus are now going to import into alabama from canada and from northern ireland but it's really a brilliant move for air bus and bombard you to join forces borne by the will get a lot of resources a lot of money a big influential and powerful partner in those difficult political negotiations with the americans and when it comes to selling this c. series jet and on the other hand airbus will get a smaller airplane in its portfolio something it doesn't have yet and a very technologically advanced airplane and that's why the shares of both companies are great gainers here today in frankfurt trading current the dispute over state subsidies in the aviation industry is nothing new but trump you would have to say is certainly given that you revel relevance. yes he has i mean the first company that mr trump visited after his election was boeing and to be
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fair he also blamed boeing for being too expensive but given that he's now the president of the united states with a very protectionist sway of talking. this is highly political i would say but you know even more so this shows that on a level above the national level there is big need for institutions to treat problems and the conflicts about subsidies for example we have the w t o and i guess it's really one case where the world trade organization can show what its potential is. carbo's and for us on all those lovely turbulent topics in the airline industry thank you spain has lowered its growth forecast for next year as it continues to grapple with its worst political crisis in decades colonias
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controversial independence referendum and madrid's heavy handed police response of spark turmoil and the economy is already suffering. this was the scene outside the headquarters of the catalan government on monday nice protesters expressing their outrage over the arrest of two pro separatist leaders it's only the latest twist in a battle of wills between madrid and barcelona and the political turmoil is swiftly translating into economic uncertainty the crisis over catalonia his quest for independence has prompted the spanish government to lower its growth forecast for next year from two point six percent to two point three percent the move comes after economists raise concern over the potential for life of the crisis last week . that we're seeing agencies have warned of the uncertain political and economic situation could affect the castle and economy companies continue to leave the result could be a recession that would undoubtedly affect the growth of g.d.p.
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. deficit for the article. though that built into the root of growth separatists have long maintained that catalonia would prosper without financial obligation to spain but since the crisis broke companies have been leaving the region in their droves the two biggest banks have already moved their headquarters elsewhere and hundreds of smaller companies have packed their bags to accounting for over a fifth of the national g.d.p. what happens to catalonia as economy happens to spain as a whole. if you use a wife i.e. internet connection you could be hit by hackers researchers discovered a major floor in wife i connections dubbed crack which could allow data being transmitted between the internet access point in your computer or mobile phone to be intercepted in some cases but then use the vulnerability to inject malware experts say could leave the majority of connections at risk until they are patched protect your devices and update the devices as soon as an update is available.
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it's over that is with mock buckman from the german association because i'm. tell me how this whole time about how it was actually discovered by the researchers the researchers from belgium from the couple of churches live in investigating that there's on a certain stage of the. exchange of information between the clients the lies and the access point the key could be used twice which is not just not supposed to be but this meant from what i've read that the hack is involved would have to be extremely close that they would be extremely close actually they should they have would have to act this man in the middle so in between declines device and access point and simulating that they already access point. who could be affected but to
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actually. theoretically everybody who's using the wife i everybody of course this is a standard protocol for all wife and devices all right yes but as i sat on the laboratory conditions that is a weakness which is a problem so it should be fixed but and practical well it's very i think it's very hard to see that happen and it didn't happen until now considering the range you were talking about could it open the door to international cyber crime or not not international celebrity or i'm not because you have to be really close so you have to identify a target close close to the target hope that the person would do something sensitive on their device and then you could. manipulated so it's very ifs in this and it needs a lot of hackers out there right so no panic but what should people be doing to ensure that that doughtery say yeah of course no panic important is that your devices are are up to date so on your smartphones your lap tops that your router
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has up to date so all major robert roger suppliers are investigating this case and they will supply treacherous and people should download these patches and update their routers and of course use secure internet connections like for online banking or you can resupply cations there's h.t.t.p. s. protocol and the mainline this should be standard and then you're safe. from the german id association because thank you very much for coming in thank you. and i was doing business with you i'll see you again very soon.
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new perspectives our series this week. you moment to. learn german with d w. any time any place. whether with jo-jo and her friends. i need to get to the mission pretty soon. so that's a good cause i'm bored with friends all over the world. online and interactive. german to go. learn german for free with d.w. . take a trip to a world of boundless ambition. meet young entrepreneurs eager to tackle global
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