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tv   Business - News  Deutsche Welle  December 15, 2017 6:15pm-6:31pm CET

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this data from don it still to come the u.s. government rolls back and next neutrality rules it says to cut the same internet uses the information will suffer more coming up in just a moment. on the football field at the top of the hour home twice shots as always the web site. of the day. top stories followed across social media to share your comments and content welcome
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to. crime fighters the new season of radio crime thrillers begins. domestic violence. and human trafficking for investigative cases that keep you on your toes crime fighters series at the base idea ever so every young person needs to listen to crime fighters and share tell a friend tell a friend to. fighters don't miss it. at . the death of online freedom or fair competition the u.s. repeals net neutrality rules designed to secure an open internet the online response is explosive. bitcoin hits another high venezuelans opts for the volatile
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cryptocurrency over their own highly inflated. let's do business democrats say the republicans are handing the keys to the internet to a handful of multi-billion dollar corporations the us communications regulator has ditched the long time principle that all web traffic must be treated equally on the internet highway small websites haven't had to compete with the likes of facebook you tube or netflix until now everyone's been treated the same basically but the net neutrality overhaul means providers could begin charging websites and online services for their data volumes which could lead to preferential treatment meaning a fast lane and slow lane for internet traffic. well new startups without the resources of big companies would feel the pain and be knocked out of the race altogether that it brings olt in fewer choices for consumers and the major
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corporations would simply pass on the added costs to customers in other words streaming movies or music could be set to get more expensive the movie is part of u.s. president donald trump's push to undo barack obama's work and scale back regulation in several economic sector its. net 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 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 and all. say it will saddle content platforms with costs that they will be forced
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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 actually but for democrat commission a million cliburn it signals a dereliction of duty to 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 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
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a victory of light touch regulation over big government of corporate america over the average internet user. union jarosz is political advisor for the german and geo. union let me know is this really the death sentence for a fair and free internet. well they media consequences as of yet uncertain but there is a clear past that the concern materializes that the two tier internet will develop where certain. software or certain content on the internet is made more expensive or is blocked off together and that would create disadvantages for consumers the democrat senator bernie sanders had an interesting quote he said the internet will be for sale to the highest bidder basically others fearing it could further deepen the divide between rich and poor also this tweet is quite interesting you troops in
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the p. is tweeting that she's devastated writing the internet is the only bridge that successfully connects people of low income to those of high income giving voice equal weight basically what happens when that bridge disappears. well i don't want to comment on one specific tweet but to make an overall general point is that there's a longstanding concern that some people who are for one reason or another disenfranchised or can't afford more expensive internet or can't go through the whole maze of different packages that might develop put a disadvantage and that is exactly the fear if curbing our abolishing neutrality happens it's only. extremely high. arguing that the rules under obama were heavy handed and also that they discourage the basement of broadband networks is that truth to that well there is definitely two sides to the argument and one is very much supported by exactly these big companies and their their
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lobbying so that would be one sided argument the other side is that if you have net neutrality you encourage innovative and competitive start up companies to offer new services and they cannot afford to negotiate for or pay for a fast lane internet access and so in that way innovations actually stifle it in this case what some of the big companies against that though those who could probably afford it what why have they been against it well i think there has been a shift between the companies because the you tube and the facebook and amazons of the past have grown now so also the interest have changed but it is also interesting to note that there has been brought bipartisan popular and also corporate. support for net neutrality so it's really the internet service providers versus the content providers that have shaped the debate in this case and we're just talking about the u.s. here how is this going to carry over to germany to europe the rest of the world
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what for now we're just talking about the s. for sure but there is clear concern that all this lobbying pressure that we noticed and experienced in the u.s. is also going to happen in germany in the e.u. so that the same can. sirens that are now you know present in the u.s. could also be here innovation is that startups can't afford to provide innovative services which in the end also hurts consumers because their access to a variety of services in fact a variety of news opinions might be severely said ok you wouldn't believe it there thank you very much for coming in today very interesting too and let's go over now to frankfurt where our financial correspondent of kopi is standing by to give us his take on this story than you do you agree with i guess the we're going to see you stifling a bit of a should in germany or europe what i think this is this can really mean that there
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would be a sort of a first class internet and a second class internet i was just wondering about myself i have a website because you know i'm a freelance journalist and i was wondering you know if i would be based in the united states does this now mean that i would have to pay now even more to my provider in order to get more traffic you know to the websites i mean there are already lots of question marks and i was talking also here to one senior trader a little bit earlier and even he was telling me because you know investors and traders they want to make a lot of money but at the same time they also believe that everybody should be you know at the same level that you know everybody has the right you know to make very good business so he was also telling me that he really thinks it's going to be much harder from now on for a smaller companies and yeah this is really going to be interesting how all of this is now going to unfold bam expect the same sort of path incurring here in
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europe the companies will start lobbying brussels to try to change laws to try to water down the laws basically like. what's happened in the u.s. . yeah i was also talking with us a trade of about this of course you know companies for example like one of the biggest internet providers here in germany of course they would have an interest to do something like this but i don't think with this regulation that we are having here in the european union we would get something similar like we are getting right now in the united states. in frankfurt for us. as because breaks another record today experts warn the cryptocurrency is a highly speculative investment and yet some venezuelans whose own currency is so highly inflated would rather park all the little money that they have in the virtual world it's difficult to overstate the depth of venezuela's economic crisis
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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 all of our into crypto currencies software engineer john with the large recently bought medicine and even booked a holiday using big coin. at the 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 said look i'm a venezuelan like any other i can't be more homegrown going white from iran and here i don't have foreign bank accounts nothing like what i do have to pay for this
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ticket today or is point. 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 that petro he says will be backed by the country's oil reserves. but venezuelans don't appear to view the prospects of the petro too favorably those who have set their sights on cryptic currencies tend to favor big coin itself of course notoriously volatile and for now you'll still need hard cash to buy food on the street. net neutrality. later in the day i still business with.
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a child last. twelve days. she's a syrian refugee in turkey. instead of going to school she goes to work in the textile
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factory. the family came. true. g.w. true diversity. the world of science is at home in many languages to take on you should be good there it will be show you that you can show them. our innovations magazine for. us from every week and always looking to the future d.w. dot com science and research for. my first boss i was a sewing machine. where i come from women are balanced by this notion towards women something as simple as learning how to write them by side isn't. since i was in
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little good i wanted to have a bicycle off my home but it took me mr clinton right there. finally gave up and went on buying me on bicycles but returned because sewing machine sewing i suppose was more apt procreates for goes than riding a bike and no i want to meet those women back home who are boned by their duties and social goals and informed him of oded basic rights my name is dave out of the go home and i work at the gym. hello and welcome to focus on europe on michelle henery it's good of you to join us
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here in germany the days are getting shorter and to pass the time during the.

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