Skip to main content

tv   Business - News  Deutsche Welle  December 1, 2017 2:15pm-2:31pm CET

2:15 pm
has been an avid football fan since he was six he'll of course be back in his home team at the world cup and will be watching the draw closely. with the hosts so the main thing is for us to at least come in first or second in a group we hope that the russian team will end up in an easy group but the whole country is hoping for an easy group just on the top of the russian national team currently is the lowest ranked of all the world cup participants but no matter who wins fans like alexander can still enjoy a month of the beautiful game. now twenty five years of texting ban is up in one minute with the history of the text message and the future stay tuned for that. where i come from we have to fight for a free press and was born and raised in a military dictatorship with just one t.v.
2:16 pm
shadow and if you use favors when official information as a journalist i have walked off the streets of many qantas and their lives are the same forward to social inequality a lack of the freedom of the press and corruption we got on the fourth to stay silent when it comes to the fans of the humans and see the microphones who have decided to put their trust in us. my name is jenny paris and i work at the dollar. to go to. a surge in german property prices has officials ringing the alarm bells is it a bubble or is city living just becoming too expensive for many of us. and this weekend box
2:17 pm
a quarter century since the first text message but the gold mine days are over for telecoms. and been physical and let's do business who does the city belong to the citizens well for many living in this city has become an affordable. property prices have been rising for years in many metropolises and many a driven out of their homes we took a look at the situation in berlin. every kind in berlin every tenant if you're paying rent you are at risk. if you pan there's no right that guarantees everyone can live in the city centers. and of course the city must be there for those who live and work in otherwise it'll stop being a city that's was i. who does a city belong to and who can afford to live in it a common topic among berliners in the working class quite spec district many
2:18 pm
residents live on modest incomes so they're upset about the current push towards modernization which could end up doubling their rents but that's the plan for real estate firms like phoenix play house the tenants so they can re rent flats or sell them. the companies don't like to be named and shamed the shareholders don't like it. the government and the senate who are doing nothing about this need our votes and we need to shout more to them about doing something about it to make the mixed millia that make in the city is. when investors are lured by internet ads few realize that others are losing their homes and it's not only the real estate that's being dressed up the publication of the paradise papers reveal that phoenix prey had concealed rental income to the tune of millions of euros many berlin homes are registered to subsidiaries in new jersey a tax haven. in the past few years berlin real estate prices have risen steadily
2:19 pm
people from around the world want to invest here the austrian company asimo ogg a started buying up houses and commercial properties in the city more than ten years ago this is even still quote unquote cheap compared to other metropolitan cities and we forecast that berlin will make this legion so if you believe it will happen and you compare it to other major cities then you'll see there's still a long way to go. for urban ologists this conflict between investors and renters is detrimental to cities in the long term that's busy and that's the things that have yet to what we're seeing is that these exploitative strategies are diametrically opposed to the city's interests and needs and that the solution is relatively simple limit those market forces. some say cities should belong to everyone because houses aren't just investments they're people's homes.
2:20 pm
over to our correspondent daniel cole who's in the financial capital frankfurt one of the most expensive cities in germany daniel how do you see the situation. well with bricks ben prices are really most likely even going to go up as we are seeing them right now eighteen meter square that's what you're paying one thousand euros i'm sorry per me just quit that's what you're paying right now and sometimes even three hundred people apply little bit early i talked to told by other he's one of the talks top experts here in germany when it comes to housing prices let's listen in. well it's always a question of supply and demand hopefully but on the other hand i think especially in the case of germany we will be facing a structural shift and into a new price level which is for the most of the chairman's coming from their good old days obviously shocking but to be fair i don't see any negative impact mainly due to that pressure if of course some would like beyond but the general view i'm still happy from and i'm a little since and of those then point that direction well one prices are too high
2:21 pm
we had the bonus bank always saying that there might be sort of for correct coming up do you think this is going to be the case i think it's always first of all a good job that that one is bunk gives us some signs because we have every investment think twice i don't see any bubble in this case but to be fair i think what we can see of course is a slightly decrease in these in these super high primary luxury high end level which is of course new phenomena show money and we see a utility leave there so if there is a kind of a bubble this will be of course this little niche market segment in my understanding well you just landed this morning from hong kong where prices are extremely high already in frankfurt we can see that three bedroom apartment can easily cost up to one thousand five hundred maybe even after two thousand euros do you think this trend we are seeing right now from hong kong might be shifting over here to germany as well not in that direction to be honest i can't imagine that we
2:22 pm
will face that when next ten years the level of hong kong by the way more than frankfurt i'm unique oberlin but fair to say i think the motivation to go in the city center is rising prices by you and me by the way and specially coming from the international view on chairman ian in frankfurt it's so fantastic positively speaking negatively speaking which seems the trunk which is so cheap compared to the rest of the global capital market approach this is of course was so much money is facing chair money as investment up and i don't see any end the next two to four years by the way thank you very much spieth there let's check in now with our asia correspondent. and ray it looks like we've got a similar situation in your part of the world what can you tell us. well the only way it is looking is up then i at the moment china we're going to see probably see a big bubble it's leading over china's market which the government is trying to stop from happening with tighter policies also hong kong as mentioned in the video
2:23 pm
and in the interview as well we're going to see a bubble burst over there as well singapore has regained traction as a top investor twice what twenty eighteen as well as other developing markets in southeast asia what's driving the trend in your part of the world well for markets like vietnam where the development is still growing very very fast a lot of a lot of the traditional investments are coming from south korea and japan as they are part of the many safe things that as well as these companies as these countries and cities are being groomed to which of all of the states as a lot of private equity funds as well as premier development projects are still of key appeal and rating for us there in singapore. the texting revolution started exactly twenty five years ago this sunday tiny strings of words traveling from one mobile phone to another in a flash that's the short messaging service or estimates humanity is now generating
2:24 pm
well over fifteen million texts a minute on an annual basis that would be about eight trillion i'm on my way and see you later is around the world that's a lot of communicating no matter how you look at it and the numbers don't even include apt to happen messaging will get to that in a moment first let's talk about the communications revolution with york yellin it from a business disc who's also here to give us a glimpse into the future as far as communication goes york let me just put this further it's extremely heavy. how have text messages changed the world well text messages have saved people's lives they've ruined marriages they've helped organize demonstrations to topple dictators and they have made telecommunications companies really really rich they've also changed our language you know the first messages were limited to one hundred sixty characters only and in order to say
2:25 pm
a lot of people came up with new abbreviations a new slang and it was called text speak and i have a few examples for you we can bring them in and now one of you can actually tell me what they mean by best these ones are easy for later great see you. don't get me wrong and it's not easy on me you know it i mean it's something we all love it's yet another meeting oh yet another meeting another like them either you mentioned gold mines how much of a gold mine have text messages before being for telecoms companies. you know the amount of data of and original text message was limited to one hundred twenty eight bytes that's very very tiny and i've come up with a calculation and. charged at the same price per byte you know a six hundred fifty megabyte music cd would cost more than sixty thousand dollars
2:26 pm
and that's assuming when a text message used to cost nine hundred cents so for communications companies it was not just gold mines text messages were diamonds for telecommunications companies so for those of us who thought it was a cheap way of communicating it was actually quite a lucrative one for the telecoms companies now of course you can dictate your text messages these days which is pretty cool how's it going to develop are we going to be able to text what we think at some stage i mean that could be dangerous that could be but imagine another service and it's already here that service you can send messages into the future does that work imagine you know you get a voicemail from your grandmother who passed away years ago or if you eighteenth birthday you get a video of your dad rocking you as a baby to sleep so seriously people are already doing this yes i mean i know people who've stumbled across old messages from people who've died and passed on but
2:27 pm
people are seriously organizing themselves like this yes they do that on purpose and the episode called in cube eight it's a time delay messenger some find it creepy some love it wow and it's actually catching on and they're making money out of it of course yes they are commercials. anything else on how text messaging is going to change our lives will continue to change our lives well let me see let me find my i phone so i can check what else is this possible you know the future seems to be texting it seems to be. it will be possible one day to text to go to the moon and how is that possible while next year there's a certain moon mist mission coming up and a few companies will put up a cellphone network there so yes you will be able to text to the moon next year you're given a thank you very much for coming in and filling us in on the history of text messaging and the future.
2:28 pm
delicate. way. the harpsichord makes
2:29 pm
a comeback. thanks to the young frenchman. and his own song will make the rock music contemporary again. next. sustainable protection for the earth. is designed to preserve our ecosystem and they exist around the mile. takes the next step protection for our planet's biological diversity trailblazing projects. dot com slash global i.d.'s. and the fresh look at i mean speak your language talk about. in dari pashto and order prospects for returning our web special to the refugee journeys of life in germany
2:30 pm
and the prospects for those returning home. join the discussion on d w dot com and on facebook. prospects for returning s d w make four mines. i.p.t. twenty k. the kind of thing i. tells them to and i make us a few of them tell us the famous potato. i want to welcome to the show is a good.

35 Views

info Stream Only

Uploaded by TV Archive on