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tv   Business - News  Deutsche Welle  December 17, 2020 7:15am-7:31am CET

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meanwhile on wednesday night leverkusen put on a dominant performance away at cologne winning 4 nil a free kick in the 8th minute got the party started with mitchell visor driving home a shot to open the scoring sebastian bar and i was headed clearance flew straight to the foot of visor and put leverkusen on talked to state. i did have your business with monica jones is up next it's a church. why did this person. there are.
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laws that can be done to. make up your mind. cyber attacks are on the rise the u.s. has issued an emergency warning after a string of hacking attacks on government agencies and multiple companies was discovered we talked to a cyber experts to find out more also coming up list the. hot seat of electric vehicles right now china. holds the biggest market share here but europe is
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determined to catch on. and argentina's economic ailments the list is long and the latest numbers die out we'll look into ways out of the price. come to someone who could jones and glenn good to have you with us the u.s. government acknowledged a major hacking campaign against multiple agencies including homeland security and the state department at the center of the attack is a private u.s. software company so love wins or the threat of cyber attacks is big and small is growing cybersecurity for mcafee expects for one global cost of hack attacks to reach $1.00 trillion dollars this year and that's a rise of 50 percent in just 2 years google says it had to block between 101-2000 government sponsored potential cyber attacks every quarter this year ensure alliances the biggest threats come from data breaches attacks interrupting business
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and ransomware where hakas lock uses out of their own files is aside from the attacks themselves companies driscol of huge regulatory penalties and private litigation if they don't protect themselves from hackers well for more i'm joined now by. head of international cyber security policy at s. and d. that is a nonprofit sick tank working on current political and social challenges posed by new technologies so he's just the man to talk to right now good to have you with us so the coronavirus pandemic we've been hearing the whole year is actually boosting digitalisation which means more people than ever are using the internet that must be paradise for hackers. yeah that's what we also saw but the current statistics show that for germany for example there's only been a marginal increase in the attacks. but even those of course people are using less secure devices companies were forced to adapt to remote offers very fast and of
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course where you work fast you make mistakes and that might show actually in next year's statistics that's true and what really bothers me is when we hear that the most attacks on government. what do we know about that. well you could actually look at it as a modern spy game so every almost every government in the world wants to continue that game so there's very little discouragement of other governments to stop doing it if they go overboard if they do something too serious and they might be reprimanded but other than that most governments want to keep the ball rolling they want to conduct their own cyber espionage operations so they they don't really want to deter other governments from doing that but serious threat right now that we see is actually cyber crime which cost billions and billions of damages and we don't hear a lot about it because it's less sexy then saying oh we had the government to parliament . but it was a lot of money of course and what puzzles me is i mean for years and i don't know anyone who doesn't have an. program installed and keeps updating it as well doesn't
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do any good it seems. well if we talk about companies the security infrastructure gets very complex but for us as a single user. virus it's just the basics you need backups which are hopefully disconnected from your computer might even use back ups if you have to you need to enable to talk to authentication where you don't need to password and username but also because if you get sent to your device to make it more secure your accounts at facebook or whatever and you need to use strong passwords and you need to be aware of what you're clicking even if they only if you do all these things then you have a very easy 80 percent or more to. get through to breaches and. then having just very briefly how well protected do you feel. depends on what we're looking at again socrates i feel ok get nation state it was not so much when her pick their head of international cyber security policy it s. and the thank you so much for your time this morning thank you. and now to
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some of the other business stories making news 10 conservative states led by texas are suing google the group says that the tech giant illegally suppresses competition while the massive profits from targeted ads this year alone online advertising is expected to generate $42000000000.00 in revenue from google. bitcoin has cracked to the $20000.00 mark the value of virtual currency has rocketed since march but it was worth just $5000.00 u.s. dollars fears over inflation and real world currencies of pushed more investors into digital offerings as a kind of safe haven broader institutional investing in bitcoin has also grown in recent years. a b.m.w. executive has want to that without a brakes its trade deal the company's cars will become more expensive in both europe and the united kingdom the company's c f o nicholas peters said the default 10 percent customs tax would hit all cars
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crossing the channel the automaker is even considering shifting its mini production from oxford to germany and china in the event of an idea of brics. as the world is trying to cut greenhouse gas emissions electric cars seem to be a clean way to stay mobile and that means demand for lithium ion batteries is rising a mckinsey consultancy study says annual global demand for batteries is currently 282 gigawatt hours in 10 years they say we look at $2623.00 go what ours that's over 800 percent growth or right now the sector is dominated by one country yes china and it is home to 100 of the world's 140 battery plants the country's largest producer cattle ok a t l alone covers a 3rd of the entire global market followed by other asian manufacturers in 2nd and
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3rd place so where is europe well it's trying to catch up. in sweetens forest something is taking shape which many say is decisive for the economic future of europe bolivia my own battery plant startup known volt plans large scale battery production here to supply european automotive giants like fox of argument b.m.w. found a pizza carlson used to be tesla's purchasing director now he's taking on asia's powerful competitors. in a very real way it's definitely a challenge i mean we're we're fighting against these lords large corporations. but we do it with very very strong skills and with speed and you know my experience from from my days at tesla is that you come a long way if you have the right people and you work with a sense of urgency and it's certainly urgent europe of all places home to the world's largest car makers has barely any automobile battery production and the
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battery makes up a 3rd of a car's value the e.u. has been asleep at the wheel now it's responding with billions of euros in economic development aid 3 years ago but 3 production system in europe was non-existent and i think it was very clear that we will very sore no not import only the batteries but the if you want change the course you will very soon be importing elec the cars so it would be really a danger for the whole european car industry. not fold once mass production here to begin in 2021 and a further plant is in the planning stage other companies are also lining up for a piece of the action the e.u.'s to be self-sufficient in battery production in 5 years time or in the mean of this transformation or revolution the way you like to look at it and it's very very exciting and it's also exciting to see europe taking a leading role here where china has been kind of dominant up to now but that europe
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is really taking a lead a position. from battery importer to export or in only a few years an ambitious goal right now the sector is still very much a lot of work in progress. tina's economy is in dire straits fresh data shows g.d.p. shrank 10.2 percent in the 1st quarter compared to the same period last year and with the central bank printing pesos to help fund the treasury and pay for culvert $900.00 relief programs consumer prices rose almost one percent in the 1st 11 months of this year high dead levels negative growth and the coronavirus pandemic are making with coverage almost impossible. government is now defending itself saying better days. one year into his presidency argentina's leader of actual fernandes is fighting a battle on 3 fronts the country's economy is in tatters the debt pile seems
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insurmountable and then there's the pen demick. initially the government took quick action and initiated a lockdown but couldn't afford it any longer. i believe that at 1st the states took strict and strong health measures to try to prevent the spread of the virus but then they relaxed the measures because of the very serious economic situation. under the table as it goes you know given. the situation a 3 year long recession that has led argentina to miss a series of debt payments new loans are currently negotiated between the government and others and the international monetary fund as well as private lenders recent talks have been complicated but the economy minister martin guzman is optimistic. the restructuring was necessary condition through. argentina's microeconomic problems not
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a sufficient one segment on top of the american economy crisis that we're suffering and the country to suffer from april 20. 5th and then he called me that deep in the programs where we're here on our feet. $21.00 is going to be a better year. how much better for 2021 whose money expects his country's economy to grow by 5 percent. a french ministry has fined the city of paris for hiring too many women for senior positions the 90000 euro penalty is based on a strict reading of a 2013 nor which says one gender cannot account for more than 60 percent of nominations to senior positions in 2018 the city had 11 women and 5 men in senior roles technically 2 women to many areas mayor and he dug or called the fine absurd and said the room is no longer on the books. well spain's 1st fashion facemask
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boutique hopes to transform a humble facemask into a must tough christmas gift just in time for the festive season it now boasts a line of unique christmas designs in total the shop office 600 different models with prices ranging from 8 to 9000 euros they're all made in a workshop mia bashed and on up the onus believe once the worst of the pandemic is over the face mask will remain a popular accessory just like in asia. well it's and pretty as a business update here on the w. from me and the team as always thanks for keeping us company and.
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to own. or not to own. keep our shirt collar. work. for change and thinking is changing the economy to create something new.
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the economics magazine clearly made in germany the. next d.w. . what secrets lie behind teams will. discover new adventures in the 360 degree. and explore fascinating world heritage sites. e.w. world heritage 360 getting up no. 820 meter cliff a couple of ropes freezing cold water and me trying to cope with all of that i did make it down in the end but this outing with a couple of guys really had me testing my limits and that's precisely our topic
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this week all made leaving the comfort zone i'm chris colfer welcome we don't do.

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