tv Business - News Deutsche Welle December 15, 2017 12:15pm-12:31pm CET
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is underway but there is no warrant for her arrest in germany. he watching the news coming up ahead the u.s. government drills back net neutrality rules it says to cops red tape but others say internet users access to information with. more on that coming up in just a bit. and that is the. business desk of what you do deborah news coming to you live from but do stay with us. when i'm traveling to be comfortable. but i also want to stay up to
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date on all the latest news and events. and d.-w. makes them part of traveling easy just because it's available and thousands of hotels resorts and cruise ships worldwide. or have you found a domain sign on the subject that shows d. w. in your room you can reprice d.w. dot com travel quiz. and about which turn on net neutrality the future of the internet could be about to change off the u.s. federal communications commission to enroll securing an open internet. or so coming up with the rise of an his. laden's dead to invest in the volatile
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cryptocurrency figuring is still more stable than their highly inflated bolivar. and the push for power in tanzania the east african country needs more electricity but at what cost. base is your business update on helen humphrey. good to have you with us in a total about the us federal communications commission has reversed net neutrality rules championed by former president barack obama they barred providers from blocking or slowing access to content or charging consumers more moves part of u.s. president donald trump's push to scale back regulation in many economic sectors. net's neutrality rules banned internet providers from giving preferential treatment to certain websites after the f.c.c. vote that seems to be a thing of the past. the ending of net neutrality has been met with fury by
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millions of internet users both online through social media and offline at this protest outside the f.c.c. headquarters they say consumers will be forced to stump up the costs of say paying for faster access to their favorite sites or even paying to access certain websites at all. say it will saddle content platforms with costs that they will be forced to pass on to their consumers the chairman of the f.c.c. saying it's not the role of the regulator to dictate to business models to the market it is not the job of the government to be in the business of picking winners and losers in the internet economy we should have a level playing field and let consumers decide who prevails action but for democrat commission a minion cliburn it signaled a dereliction of duty. the public can plainly see that a soon to be toothless of c.c. is handing the keys to the internet the internet one of the most remarkable
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empowering enabling inventions of our lifetime over to a handful of multi-billion dollar corporations the companies argue they need the money internet users are demanding faster connections for ever more devices and that infrastructure will add to billions in costs to their balance sheets that has already been legal opposition to the ruling. but for now it's a victory of light touch regulation of a big government of corporate america over the average internet user. who here with me in the studio is teresa locker editor motherboard great to have you with us today hi there now if this decision has inflamed passions i mean what does it mean net neutrality being over yeah it's basically one of the founding and central most central principles of the internet that is at stake and has been repealed now by the f.c.c. is so. if you compare it to your phone provider he cannot block out calls when you
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get when you get a call but this is basically what could happen now so basically it is about slowing down or speeding up and prioritizing data by the big telecom monopolies and it is the end of the internet as we know it's and there will be moment police come into. i mean so as i understand it you could end up having as you say a fost lane a slow lane some outright restrictions. the need for the rest of the world for europe well for year up it doesn't mean anything in particular right now but we know that there are attempts to undermine the net neutrality rules that we have in europe already for example for the companies and providers and as p. providers they offer particular data plans that include for example you music streaming apps and they would be excluded from the data plan you're paying so this is a this is a bit shaky but i can see that as an attempt to undermine the net neutrality rules
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already and probably. the pressure of lobby groups in brussels will also be increased now with peas suggesting that they can only finance broad brand broadband build up infrastructure with data plans that exclude or include certain services now perhaps rather appropriately we've had huge reaction online democrat senator bernie sanders saying it means basically the internet stopped the sale to the highest bidder all this fearing that this could deepen the divide between the rich and poor i want to bring in this tweet now you cheap star alone appears tweeting i can't even begin to explain how devastated i am by the loss of net neutrality today the internet is the only bridge that successfully connects people of low income to those of high income with the tremendous opportunity to have equally weighted voices. then how could they sleet to further inequality do you think well for starters the the scope of offers and the scope of particular plans will get so
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devastatingly. confusing that you would have to have you have to bring up a lot of energy time and money to find out the particular right one for you plus we've already seen that for example when licenses when license disputes. a tree to where it carried out between ice sheet provided at the block certain services so for example if telecom and the rise and are just changing over who is going to get them the better license for netflix it would then mean that you as a telecom provider would not get access to netflix right but the thing is i mean big companies probably can stump up the cash for this so why if they come out being vote focal critics why do they really care well they do care because first of all it slows down startups and slows down innovation and secondly they have to take long into their hands to actually broaden the infrastructure now because there is only so much space on the internet which is the lines and the speed of the lines so
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everybody's going to fight about who's going to be first and who's going to be last and who's going to be the on the losing part as the customer in the end yeah because i mean it's probably worth pointing out facebook started out in a dorm room as well i mean right less choice does that mean less competition and therefore worse content and less freedom of speech and less in less equality because you have a constant or you are prioritized a constant that somebody else paid a lot of money for and this is actually runs counter to everything that we know about the internet to silicon from mother mother border all that germany thank you very much. with great coin on the rise experts have repeatedly warned that the crypto currency is not stable and that investment is highly speculative while of course it's a matter of perspective and in venezuela many don't care that bitcoin is not backed by a central bank and they're putting their money in it because it seems more stable and
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the current countries real currency highly inflated to. it's difficult to overstate the depth of venezuela's economic crisis every day hundreds of families cross into neighboring brazil in the hope of escaping the misery daily food and medicine shortages have left them with little option but to leave. elsewhere at the border some try to trade their worthless wads of bolivar are illegally inflation in venezuela is projected to surpass two thousand percent next year that fact has prompted many of those still in the country to convert their rapidly depreciation ball of our into crypto currencies software engineer john with a large recently bought medicine and even booked a holiday using bitcoin. i mean when you are at a travel agency they told me i won't say which travel agency it is because i don't want to get them into trouble but they told me it's either dollars or dollars i
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said look i'm a venezuelan like any other i can't be more homegrown like that and white from around here i don't have foreign bank accounts nothing like what i do have to pay for his ticket today or is because. they accepted us but bitcoin is not the crypto currency of choice for embattled venezuelan president nicolas maduro earlier this month he announced the launch of an alternative digital currency the petro he says will be backed by the country's oil reserves but venezuelans don't appear to view the prospects of the petro to favorably those who have set their sights on cryptic currencies tend to favor bitcoin itself of course notoriously volatile and for now you'll still need hard cash to buy food on the street. now partial blackouts are commonplace in tanzania east african nation relies on renewable energy as well as natural gas and heavy fuel oil
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to generate electricity but many businesses keep it generate on her and as a backup pushing the operating costs upwards investors complain that the lack of reliable power hurts business. there's sun aplenty in tanzania that's why solar panels there can generate plenty of electricity but there's still a power shortfall the united nations says a mere two percent of the population in rural towns are near has an electricity connection even in the cities it's barely forty percent. investment in electricity generation has been lagging for far too long in part because of corruption and mismanagement. it makes life hard for companies hampering production and job creation. the government has promised to boost electricity production. it's declared aim is to ensure that seventy five percent of the population gets a connection by twenty twenty five to accomplish that generating capacity will be
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increased to ten thousand megawatts a year over the next few years using gas and coal hydroelectric plant will also be build to double the current production level of one thousand five hundred megawatts a year but the plant will be built in a nature reserve something which is stirring passions environmental activists and unesco are calling for a halt to the project they say the reserve is home to a large population of wild animals and that it is already under threat from poaching and a lack of funding. if you're up to date with the latest from the world of business for more find us on facebook follow us on twitter on the school business on there as well.
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