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tv   Business - News  Deutsche Welle  December 27, 2017 12:15pm-12:31pm CET

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news for you you can also use the app to send us photos and videos. that's your world news update for now we'll have more of course at the top of the hour. business with. he has a look at when robots may be taking over some of our jobs it might well be sooner than you think that's a. media center see it find it here it discovered. video and audio podcast on language courses in the d w media center at
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media center dot d.w. dot com. sustainable protection for the earth ideas designed to preserve our ecosystems the exist around the world. takes the next step protection for our planet's biological diversity trailblazing projects. t w dot com slash global ideals. that we thought. the future looks pretty bleak as robots take their jobs.
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in our series following the new silk road this week why china is sinking hundreds of billions of dollars into large infrastructure projects in africa. now the robots are coming that's the headline that we've heard a lot this year ultra high speed internet and systems learning fast with artificial intelligence have brought the dream of many people closer to reality that robots work for us some of us and even think for us this dream is also a nightmare for many workers who fear they could be replaced by a machine that is smarter and faster sooner than we all thought. these robot soccer players doing world for rookies but maybe they'll improve through learning. miro the robot dog can already do that he can learn the floor plan of an apartment and fetch help if necessary he also makes cute little noises and likes to have his
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back scratched but without the inconvenience of walkies and feeding times. twenty seventeen pepper got a lot of attention with his coffee service he serves a hot drink of choice without bothering the client with small talk. you won't get it and you get back to work it's a. it's. a good deal easier from. robots like this one are already showing they can take over simple tasks like making deliveries. when this m learns to complete tasks quickly and precisely many assembly line workers will have to start fearing for their jobs as a new piece of automation comes then people just move to something else but only at that time he was going to do. the scope of jobs that robots are able to do is growing rapidly pretty soon farmers won't need farm hands anymore to feed their
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animals tennis clubs won't need ball boys and pizza delivery will become a job of the past even though this delivery robot has a top speed of just fifteen kilometers per hour. and then twenty seventeen brought us robots that could try to do the jobs that some people already regarded as unnecessary how much better or worse would this rehearsal have gone if there had simply been a metronome on the conductor's podium. the robots are coming that much is clear the small high tech helpers are stepping into our lives but some obviously still have a long way to go before they'll offer serious competition to humans. and the future of technology is also a topic at the annual hackers meeting of germany's notorious chaos computer club where the focus is on the security of another technology of the future electric
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cars are reported to ponder jim bell is at that meeting in lives and to ponder how our electric cars vulnerable to hacking. well the main issue with electric cars is actually the loading stations public loading stations that is people normally have a car that they use to pay for the energy the electricity that they put on their cars and they have a card that is apparently not secure enough so the data on that card can be copied and when that happens anyone can basically use the same card at other charging stations to you know pay for their energy and that's the main problem and that's been the big story you know leading up to the chaos communication congress and of course it's the big story here at the chaos communication congress today. whether congress there where you are as well the most important security conferences in the world what else is on the agenda the next three days well there's
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a lot of things you know from data protection of course it's always a topic here it's been a topic for years and there is social credit system that china is currently testing so basically points are awarded to people for you know trustworthiness online their behavior with friends or within their families and that's something that china wants to put in place by the year two thousand and twenty another topic is net neutrality the big topic though is that keynote by edward snowden tomorrow so everybody will be looking at that tomorrow you know what is he going to say and that's a big story this communication congress to put a bit of that in for us thank you very much. and from the future we step backwards a thousand years into the past in our weekly series about the silk road it was an accident trade routes from china it traversed all of asia bringing fine porcelain
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expensive spices and the upon a silk to europe the chinese government now wants or is a wreck that route on land and on water for years china has invested hundreds of billions in infrastructure projects along the route harbors highways and bridges this week we are looking at some of these waypoints and today we are stopping in africa since two thousand and five the chinese have invested sixty six billion u.s. dollars all over the continent that makes them the largest investors that they're pumping money into the construction of harbors roads and rail lines to boost their own supply lines and trading routes in may this year a new railway line opened in kenya linking the port of mombasa with the capital nairobi soon the line will be extended all the way to key sumi on a lake victoria total price tag eight billion us dollars even though kenya needs massive investment in infrastructure the railway agreement with china also raises
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many questions. there is no if it spared to keep trains on the new nairobi mombasa link looking spick and span they're not just an infrastructure project they're important to the image of progress that kenya wants to project and that includes the polish presentation of the train staff at morning roll call. the four hundred seventy two kilometers of railway line cost around three and a half billion euros the chinese state stumped up most of the capital chinese companies laid the tracks and delivered around sixty diesel locomotives and seventeen hundred carriages the opening of this artery of communications in eastern africa is a great achievement of the friendship between china and kenya in the new era it is also the chrysalis zation of the win win and mutually beneficial cooperation between china and kenya. this stretch is just the beginning they are a big plans afoot for expanding kenya's rail network this line that links the
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capital with east africa's most important port the transport of goods a lot of them chinese of course should become much cheaper the new link should more than half the travel time from around ten hours to just four passenger tickets cost around eight euros but contracts for the massive projects have also raised questions there was no transparent tender process and there's talk of corruption critics say kenya is being sold obsolete technology at an exorbitant price on credit which has to be paid back at high interest rates. you know african leaders think china is santa claus they're not santa claus they want returns on their investment we've already had a levy on each liter of fuel sold in kenya there is a libby going towards the repayment of that loan now this is more sophisticated banking than china has been known for they have got a fantastic return and they've got security they own and run in managed the whole
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thing but. there have been plenty of protests against the project the route passes directly through the nairobi national park and threatens the nature reserves existence but the protests have had little effect in kenya the chinese are pressing ahead and in uganda they are building another rail connection china's grand plan is to link the two countries with rwanda burundi and south sudan carving out a new trade network and new markets for chinese goods. crude oil ends the trading here and its highest level in more than two years prices have been steadily rising for weeks ago another boost on wednesday after an explosion at a pipeline in libya interrupted supply lines and connect some of the country's crude oil fields with the us sidra oil terminal incident might cut oil production by up to one hundred thousand barrels
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a day now let's bring in our financial correspondent only in frankfurt only if we're looking backwards twenty seventeen it was a good year for producers wasn't it. yes it was it was a good year the price for brant to the north sea kind of oil for example went up by about seventeen percent since the beginning of the year to this two year high that we are seeing now and part of the picture is the overall demand in the world increasing price sensitivity decreasing as the world economy improved and demand increased but part of the picture that has to be taken with a grain of salt is also that the suppliers held back they went off the gas pedal a little with the production in order to drive up prices there was a supply glut and part of that supply glut has been taken out of the market so that's also the other side of the picture really where the un the markets see the
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all price going in the next year. i'm hearing sixty to eighty dollars now one has already passed the sixty dollars mark i heard a lot of these forecasts before sixty was reached but people do see the effect of the world economy improving they do see producers continuing to hold back with over supplying that is keeping the market in such a condition that higher prices can be pushed through but people do see a ceiling at around eighty dollars no one sees one hundred dollars a barrel we saw that in the past certainly but it's not at the moment because people think as soon as the prices start marching because of inflation because of a world economy improving people being able to pay them for adoption will increase and the price will come down again. in frankfurt thank you. and that's it from me and the business team and william frank for more news on. the top of the.
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new think is known as a christmas and that's why i'm here at christmas. i really hope to. it into the
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christmas the movie and of course get to know the city as well. next on the telly. charged up and ready to hit the road with an e-card across europe with a photo. from italy all the way to norway. whether innovative compact or sporty it's got to be emissions free. across europe the fire electric car is it possible. europe goes electric made in germany in sixty minutes. what does a football loving country need to reach its goals. we'll tell you how german soccer made it back to the top. in our web special on dot com.
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football made in germany. it's all happening coach of a. tour linked to news from africa and the world of. georgia link to exceptional stories and discussions can you and welcome to news after killing program tonight from funny gentlemen from the news of easy to now i would say de debited comes to africa join us on facebook at d w africa.

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