tv Business - News Deutsche Welle March 1, 2018 2:15pm-2:31pm CET
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and. you're watching the news coming up ahead blazing fast and that's what's promised to unlock the potential of internet connected seven and devices monica of all business says we'll have more for you on that story coming up next and you can see monica is standing by some to stay with me and. they make a commitment. they find solutions. and start her. africa on the inside. stories of both people making a difference in shaping their nation in the future and their continent of africa on
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the move the stories of the motivational change makers taking their destinies into their own hands the d.w. is a new multimedia series flamenco. d.w. dot com africa on the move. russia ling taka sa believed to have launched a cyber attack on german government computers but trade between the two countries is rolling ahead in spite of sanctions russian and german business leaders are in berlin to ensure that trade keeps growing also coming up from the mobile world congress in barcelona how the arrival of the lightning fast five g. networks is changing the unique choreography of virtual reality.
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welcome to the business i want to get john's amber lynn and was starting with a story that's caused a mighty stir in the capital germany's government security networks have been hacked and russia could be behind it now the latest hacking incident involved complex malicious software and targeted more sensitive data than a previous attack in twenty fifteen and that's according to a member of the parliamentary committee that oversees german intelligence agencies the hack appears to have originated from the a.p.t twenty eight cyber espionage group also known as a fancy bear which many security experts believe has ties with the russian government. now the latest attack comes as pressure from germany's business community is increasing to relax sanctions on russia those sanctions were imposed after moscow annexed the crimean peninsula almost four years ago and trade between
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russia and germany suffered significantly at first meanwhile things picking up again now last year germany exported goods worth a total nineteen point seven billion euros to russia some twenty five percent up on twenty sixteen russia was able to boost its exports to germany by twenty percent to twenty one billion euros mainly in raw materials of the sanctions banned the sale of weapons to russia as well as the export of jewel use technologies exports of energy related technologies and equipment to russia are subject to license and on top of that you lend us are not allowed to give loans to russia's five largest state owned banks now for more on the german russian business relations and how they're affected by the economic sanctions i'm joined now by ina phil a told who is a d w business reporter in a ball and expect on russia of course that's world trade between germany and russia
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is actually looking good so those sanctions don't really seem to have an impact today. sure they do their western sanctions against russia have affected its business ties with may know if it's western business partners some companies just stopped working with russia because they're facing penalties for that in their home countries others became very cautious about working with russia and the ties between russia and germany a severed as well when it comes to the trade between russia and germany it indeed picked up last year for the first time over the last five years the reason for that is that russia is finally recovering after a two year recession the g.d.p. last year expanded by one point five percent and the inflation reached its all time low two point five percent also their appreciation of the russian ruble resulting from the recovery of oil prices have has boosted the employers however it's still
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too early to say about the complete recovery over the mutual trade between two countries it can't has to be reached their progress is volume of eighty billion dollar is last year it only reached fifty billion ok but there has been some recovery and you marette to mention that the russian economy obviously took a hit because of the sanctions but it is covering so do those sanctions have make any sense to. yeah sure they do i mean it is not possible to say that they didn't heed russia's economy at all the heat was basically really have the first of all three sectors that against which the sanctions were introduced to finance the energy sector in the defense they may simply go to a severe hit equating to their estimations of my international monetary fund russia's losses from the sanctions amounted to one point five percent of his g.d.p.
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and these figure might also expand to nine percent till two thousand and twenty also the russian economy as a whole was here to fill it because the introduction of sanctions. coincided with a huge slump in oil prices these two that are is put together basically put a heavy pressure on the rubble of value which depreciated heavily into a dry heat so really only that i'm generous they would like to ask you i would ask you just one last question briefly your arm say if you would german business is really hoping for the sanctions to be scaled down do you understand their wishes do they have a point in that. you know sure they have a point only twenty three percent of companies say that they were not affected by sanctions the question is whether lifting the sanctions will result in the boosting the trade because that recent love that we have seen in the trade resulted from their russian recession much more than the actual function that had been introduced your enough in the top of their from d.w.
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in the bond thank you so much for this thank you. the world's biggest component supplier for the car industry bosches backpedaling on its immobility a bishop's the company announced it was giving up on the research of new batteries for electric cars a project bosch has invested heavily into it is unclear why bosch is taking this step and hansen battery efficiency and thereby extending the range of electric cars has been a key challenge to the automotive sector by twenty twenty five the battery market should be worth two hundred fifty billion euros and now it looks like they'll be built without any german or european influence leaving european color makers dependent on foreign suppliers. i would guess i would like to cross over to our financial market risk correspondent daniel cope who is hopefully standing by for us in frankfurt daniel there you are genuine i would bosch drop its research in electric vehicle batteries especially
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now after a court here in germany ruled that diesel engines could be banned and everything points towards electric cars. well you're right it seems to me that the timing would be great to make a lot of money with immobility bosch has an ounce of this is still going to be their focus they want to be where twenty twenty the number one in the immobility sub contractor market but for them it seems that financially speaking the production and research in the battery market would be too risky the c o's stated that for them it's important to understand how those battery works but there's no need for them to produce them the industry has tried for a long time to produce batteries that would allow the cars to drive similar distances like a regular car but still with very very little success and danny just briefly we just heard that opel loss making opel continues to make losses even though it now
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has a new mother a new parent company p. is a situation where they ever return into the black you think well when you look at the numbers those don't look very promising and remember that the company needs to be providing again we'll be back in the winning zone by twenty twenty and oprah learners here in germany only have a job guarantee until the end of two thousand and eighteen many of them are already on reduced working hours so if this is really going to meet by twenty twenty many investors here actually have great doubts are identical in frankfurt thank you so much. the world mobile congress in barcelona draws to a close today this year's buzz word at the world's biggest fair for mobile communication has been five g. promoters say the enabling old fast transmission of large quantities of data will rapidly transform our lives and that starts the moment we walk out our front doors
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. or click on the you know when there's not long to wait before the electric car comes rolling along. just to be on the safe side b.m.w.'s driver sits in the front passenger seat. the driver's seat remains empty the whole time. passengers in the back seats can use a display to do things like sound the horn or even stop the car of the german or to make a once its first driverless model on the road by twenty twenty one. and almost entirely autonomous vehicle. in the demo showcase which we've done at the mobile world congress is the see also navigates using a digital map we've made of the exhibition ground instead however in practice it takes the latest five g. mobile technology to enable autonomous driving at the recent south korea winter
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olympics korea telecom set up the world's first public five g. network. in barcelona it's launched a five g. virtual reality game. the technology transfers gigantic data volumes from the player's vests where the response time of only ten milliseconds. be the five is more what you foster them for twenty times twenty times or more and we can reduce that let's see. a result casey said ok to step on that as you called to vs what little you don't have the way or the heavy equipment and i say it's a totally wild mobile data network so the hot topic in barcelona this year the number of network gadgets is expected to grow rapidly from twenty twenty on along with the attendant risks i think five g. represents an opportunity it's going to signal the entrance of mochi devices that are literally going to revolutionize the way that we live the way that we every
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component of all life is going to be impacted and i think what that also represents is potential risk as well because you know things like driverless cars i mean a remote healthcare and so forth security and privacy is going to be literally the number one question that we'll be it's more than just a game it's a serious matter of evaluating and minimizing the potentially disastrous risks of a new technology that will be rolled out within the next two years. back with the latest in and our season.
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among the oscar nominees this european actress has the best chance in the category of best actress in a leading role from britain selling hawkins she's captivating without uttering a single word in the shape of water. for a film expert scott roxboro she's at the forefront you know fingers crossed. for europe our series. next.
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in fighting for the case taking seriously in the world oh boy here's what's come out women's. vote. for here. smart talks smart state the legend frank recently dangerous time for w. me for my. climate change so. waste. pollution. isn't it time for. eco africa people and projects that are changing our farm and for the better it is up to us to make a difference let's inspire each other. do what it took on the environment magazine. long w yeah i do nashville and i think one day this war will be considered cruel and unjust war where. certainly all citizens of ukraine every man woman and child will be friend their homeland if the enemy
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invades. no one wants russia here don't need to nuke which is the. rebel against the mighty global news that matters. d.w. made for mines. greetings from berlin and welcome once again to our latest addition lining up for you this time with the following top. showstopper why british actress sally hawkins is in the running for an oscar. designer's paradise a french show where every room has its own artistic theme.
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