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tv   Business - News  Deutsche Welle  January 7, 2022 11:15am-11:30am CET

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and a record 21st grand slam. and before we go, let's go to peru where police officers have taken community outreach to another level as part of traditional celebrations, to mark a tiffany, a put on a parade on the streets of lima, led by officers dressed up as the 3 kings. and just like the biblical originals may came, bearing gifts for the elderly in nursing homes and 4 children across the city on a bad day off from leasing duties. as your news update at this hour, stay tuned for the business headlines coming up next with my colleague rob watts. don't forget there's always more on our website t w dot com. thanks much for joining us. with to the dark side where intelligence agencies are pulling the strings, there was a before 911 and an after 911. he says after $911.00,
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the clubs came off. were organized crime rules. were conglomerates make their own laws? what's true, what's vague? it doesn't matter. the only criteria is worked. we'll hook people. we shed light on the opaque worlds who's behind the benefits. and why are they a threat to a soul opaque worlds this week on d. w? ah, the weld coles, the car made cassock, stand, dozens of people have died during unrest that began with protests. every few price hike, putting a price on rock and roll. we'll look at the wall street brush,
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the music rice, and we're out in the north sea where one island is hoping to harness the swirling winds to produce rain. hydrogen is the state of your business on robots in berlin. welcome to the program. protests in cassock stand, continue to plunge the former soviet republic into a deepening crisis. the united nations, the u. s. on the you have all cold for a peaceful solution. cassock stands position as a key transit country for goods and source of raw materials makes it a geopolitical flash point. dozens of people were reportedly showed when protesters attacked government buildings. the countries health ministry said more than a 1000 people have been injured in the unrest. a sharp increase in fuel prices at the beginning of the year sparked the protests. many people are disappointed and
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feel they're not benefiting from kazakhstan sector nomic success. it's the most important transit country for goods between china, russia, and western europe. the world's knife largest country has massive reserves of natural resources. oil and natural gas or conflict stands most important natural resources. it's estimated oil reserves ranked 11th in the world. it also has significant salt deposits and is the world's largest uranium producer. there's huge demand for cossacks, dance rare earth deposits in the high tech sector. natural resources of help the country's economy to prosper as through the collapse of the soviet union. but many people believe a small powerful leet is benefiting most from kazakstan mineral wealth. let's discuss the situation in cuz it's done further with journalist ada schlagel, who knows the country welsh spent a lot of time there. thanks for joining us on d. w. business. so it would have been the lpg price hike was the last straw for
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many cossacks, but how much of conditions in the cars like economy behind what we've been seeing there in recent days? yes, a general here the, the fuel prices are quite low in kazakhstan, so it's easily available just to give you an age and imagination. one liter coast, about 10 to 20. you a sense, but the monthly salary is, is average salary is about 350 years. so it's, it does play a role. but as you already mentioned earlier, the richness in raw materials determines the whole economic system of kazakhstan, because it's the source of astronomic wealth of the catholic elite. but on the other hand, it limits or the availability of a economic growth for the ordinary people. you too high cleft the quasi and corruption. right. so it's, it's a case that says, average cassock stung. ok,
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carfax feel that they're not benefiting from his natural resources in the same way as, as, as the elite sized. that basically what it comes down to. yes, absolutely. so it's our ceo, a key strategic position as well as it stands. what sort of an impact could this have on the economies that surround cause it's done it. yeah, of course it regards to the idea of relationship with the washer. now russia is playing huge role now in coming down the country. we don't know yet how china will react to the whole situation because of the shares of china in the catholic economy are huge and much bigger than those of russia. we've heard from the catholic government that they say that constitutional normality has been restored. it doesn't necessarily look that way. does it feel like this is coming to an end?
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no, i don't think that it's coming to an end. of course, the, the huge military prisons now comes down the situation by force, of course, but it doesn't fix the, the initial problems of kazakhstan, which we already talked about. it's the, a content situation about the also italian system which limits the, the development of people. ok, well, at a sluggard will continue to watch developments. thanks a lot for bringing. as your insights. here on the w. eureka a. david bowie would have turned $75.00 to morrow. you may have died back in 2016. but the music legends earning capacity has only grown since then. that's perhaps why bo, his heirs have just sold the rights to his back catalogue. music publisher warner chapel as both rights to bowie is more than 20 studio albums for reportedly upwards
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of $250000000.00. this is actually part of a growing trend u. s. rocker bruce springsteen. signed to deal with sony late last year, selling the right to his music for a show stopping $500000000.00. tina turner meanwhile has also sold her rights to her music catholic. she sold them to label b, m g, a subsidiary over bertelsmann for an undisclosed sum. we don't know how much it was . and back in 2020 bob dylan cashed in his music rights walking out the door with 300000000 dollars from universal music. so let's discuss what appears to be a trend with peter schmock, who is an expert in the business of music at the university of music and performing arts. vienna, thanks a lot for joining us. so why are we seeing big acts suddenly selling off the rights to their music? i think we do not know really what is the background of selling music these times,
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but i think the bump n. mm hm. important impact because touring is now impossible. and so there is no income stream even for superstars. and i think this is one reason why, especially well established superstar sell their music catalogs. now, we're also saying is that organizations and funds that traditionally have had nothing to do with the music industry are now interested in it. why is it certainly seen as such a good investment? i think it is a very secure investment to buy us in music rights because as you know, music rights and have a very long curation 70 years after the death of all thumb. and also the rights for the so called rock masters for the recording is also
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70 years after the recording. so you have a very long and continuing income stream in these dimes. what about the role that trends in how we consume music are changing in our streaming more and we're seeing less life music, or are we say more like, like music and we're seeing less over the last 2 years. but how are these trends changing? what was of an investment music is i think the investment is also the one of the aspect of this music streaming economy. because it's very important for music streaming services to have a huge catalogue of music, especially back catalogue of well established superstars. and i think this is one of the result of the digital revolution that music rights has become, let's say you all of the 21st century. we're talking $250000000.00 for barry's back catalogue. 500000000 fir. bruce springsteen's back
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is a huge figure. how did people that are buying this and also the people that are selling these back catalogs come up with a figure? it's not so easy to assess it, but i think it is a long term investment, especially from the vehicles behind it. for example, black rock, i think, is the well known and most important investor in this field. and they really fuel a lot of money into the music business. and i think they yeah they, they hope for a reward in the near future, but especially is a long term investment. ok. peter smoke from the university of music and performing else vienna. thank you so much for joining us. thank you. my so called green hydrogen is one of the most promising hopes for
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a global de carbonized future. hydrogen can be burned without tom in the environment, but he's only classified as green hydrogen if it's produced using renewable energy sources. so the race is on to find viable ways to do that. and leaders on the german island of health land out in the windy north sea think they may hold the key hill ago lens mere york singer has a vision, a pretty big 1. $1000000.00 tons of green hydrogen are to be produced off the coast of his small island. he calls the project aqua enters the idea. 800 wind turbines provide energy for water. electrolysis directly on the platform, the hydrogen produced flows through pipelines to the island. and the mainland for the required industrial facilities, illegal owns port is being enlarged with landfill. the gorse in the large steel and chemical industry urgently needs this hydrogen and as quickly as possible. the demand is huge and lead calculated that every for
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a car could run on hydrogen just from the equivalent us project. this at this can really make a difference. but the hunger for electricity and energy is so great that aqua dentist is actually only one component in the entire german national hydrogen strategy. to give wind power is a good thing says helical and bird researcher, your can just get but he's concerned 5 species of birds like these d, mo, breed exclusively on hillock or land, which is also a staging post for thousands of migratory birds. new in turbines should not be in the migration routes, breeding or feeding areas. he says that's not been taken into account, wendy, who really birds fly into them. then over the long term, this can have gray of consequences. to such an extent that entire bird populations are affected. with regards to my gratian any d 2 has cost significantly more energy, and we know that some species build up their fat reserves for the breeding season. if they need to fly different route now, it's possible that some would no longer even start reading from the book. not only
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in the sea, but also on the island. a lot would change. this hotel is already fully rented to maintenance workers in the wind power industry. they commute to the offshore parks every day and ships and helicopters, some people from helical and fear that even more of them could drive away tourists nearby. but so i'm concerned that in the future, tourists will arrive in an industrial park and it will just not be a nice reception for them. and thankfully to listeners then yeah, we continue to build in additional open spaces on hillock or land, especially with unsightly industrial facilities. i have concerns that hellig lands reputation as a natural island will be damaged and so far named, shewn via friendly to us. it would be nice if that could be done and the tourists, i can't imagine that this will put them off. but seeing his vision is still being researched, how, for example, hydrogen can best be processed and transported. everything should be settled in 2023. then the fate of helical ends,
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hydrogen revolution will be decided and just lastly, again, there wouldn't be out of place in a bond film, bam, w, as in feld, the welds 1st color changing car model on show could or natty change between grey and white or another shade a gray but be under we use as an in future. a white color spectrum will be possible . the driver would be able to change the color using an app. we're not sure if let me make finding your car in a parking lot easier or actually more difficult. that's over main. the business team here in berlin from ody had to our website, did we dot com slash business goodbye. ah oh, the battle against cove it the only variant is putting healthcare systems around the world to the test. vaccination campaigns are accelerating,
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while restrictions are intensifying once again. but or these measures enough to stop the spread of omicron, fax data and reports coven, 19 special. next on d w, we've got some hot tips for your bucket list. ah romantic corner chat. hot spot for food check and some great cultural memorials to mood. teen w travel off we go. ah, ah, ah, with.

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