Skip to main content

tv   Business - News  Deutsche Welle  January 7, 2022 2:45pm-3:01pm CET

2:45 pm
eyes showing unrest that began with protests, every few price hike, putting a price on rock and roll. we'll look at the wall street brush, 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 kazakhstan continued to plunge the former soviet republic into a deepening crisis. the united nations, the u. s. on the a, you have all cold for a peaceful solution. has expands 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 country's health ministry said more than a 1000 people have been injured in the unrest. a sharp increase in fuel prices at
2:46 pm
the beginning of the year, sparked the protests. many people are disappointed and 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 rank 11th in the world. it also has significant salt deposits and is the world's largest uranium producer. there's huge demand for cossacks. don's 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 cosmetic stands, mineral wealth. let's discuss the situation and cause extent further with journalist ada schlager, who knows the country welsh spent
2:47 pm
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 many cossacks. but how much a 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 agent in imagination. one liter coast, about 10 to 20, you a sense, but the monthly salary 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 economic growth for the ordinary people. you too high cleft the quasi and corruption, right?
2:48 pm
so it's, it's a case that the average cassock stung, or cossacks feel that they're not benefiting from these natural resources in the same way as, as, as the elite sized. that's, that's basically what it comes down to. yes, absolutely. so it is. so c o, 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. india has gone on. me 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.
2:49 pm
it doesn't necessarily look that way. does it feel like this is coming to an end? no, i don't think that it's coming to an end. of course, 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, i'm, i'm content situation about the also italian system which limits the, the development of people. ok, well as a slog or we'll continue to watch developments. thanks a lot for bringing. as your insights. here on the w, you're welcome. 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,
2:50 pm
publisher warner chapel has bought the rights to bowie's more than 20 studio albums . for reportedly upwards of $250000000.00. this is actually part of a growing trend u. s. rocker bruce springsteen. signed to deal with sony late last year, studying 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
2:51 pm
to their music? i think we do not know really what is the background of selling music these times, 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. what we're also seeing 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, use the cry. i have a very long curation 70 years after the death of all the and also the rights for the so called rock masters for the recording is also
2:52 pm
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 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
2:53 pm
$250000000.00 for barry's back catalogue. 500000000 for bruce springsteen's back is a huge figure. how did people that are buying this and also the people that are selling these back out logs come up with a figure. it's not so easy to assess it, but i think it is a long term invest meant 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. good smoke from the university of music and performing else vienna. thank you. so much for joining us. thank you. my so called green
2:54 pm
hydrogen is one of the most promising hopes for a global de carbonized future. hydrogen can be burned without tommy in the environment, but it'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 hello land. out in the windy north see think they may hold the key hillock or 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. eleger learns port is being enlarged with landfill. the gorse in the large steel and chemical industry urgently needs this
2:55 pm
hydrogen and as quickly as possible. the demand is huge and lead calculated that every 5th 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 equivalent us is actually only one component in the entire german national hydrogen strategy to give wind power is a good thing says hello land bird researcher, your can just get but he's concerned 5 species of birds like these g 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 roots breeding or feeding areas. he says that's not been taken into account when he truly like 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 to us costs significantly more energy, and we know that some species build up their fat reserves for the breeding season.
2:56 pm
if they need to fly different route now, it's possible that some would no longer even start reading from the book. not only 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 continued 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
2:57 pm
2023. then the fate of helical ends, hydrogen revolution will be decided and just lastly, again, there wouldn't be out of place in a bond film, bam, w hasn't felt the world's 1st color changing car model on show could or nasty change between grey and white or another shade of gray, but be until 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 already had to our website, did we dot com slash business goodbye. ah ah, with
2:58 pm
ah, eco, india. how can a country's economy grow in harmony with its people and the environment when there are doers? who look at the bigger picture? india, a country that faces many challenges and whose people are striving to create a sustainable future clever projects from europe and india. eco, india, 90 minutes on d w. and we're interested in the global economy.
2:59 pm
our portfolio d w business beyond. here's a closer look at the project. our mission to analyze the fight for market dominance. if this is wes, get a step ahead with the w business beyond on you to a with
3:00 pm
respect with the news line from by land. cousin sounds president is yours to shoot, to kill orders against protest. this claim that bandits and terrorists are
3:01 pm
attacking the.

24 Views

info Stream Only

Uploaded by TV Archive on