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tv   Business - News  Deutsche Welle  January 7, 2022 3:45pm-4:00pm CET

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putting a price on rock and roll will look at the wall street brush, the music rice, and we're out in the north sea where $1.00 island is hoping to harness the swirling wind to produce rain. hydrogen is the state of your business on robots in berlin. welcome to the program. protests in kazakhstan, continue to plunge the former soviet republic into a deepening crisis. the united nations, the u. s. and e, 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 g i political flash point dozens of people were reportedly showed when protesters attacked government buildings that 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 feel they're not benefiting
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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 soft deposits and is the world's largest uranium producer. there's huge demand for kazakstan, it'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 cohorts, dance mineral wealth. let's discuss the situation and cause extent further with journalist ada schlager, 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 a conditions in the cars like economy behind what we've been seeing there in recent days? and yes, a generally 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 the, 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 leads. but on the other hand, it limits or the availability of economic growth for the ordinary people. you too high cleft quasi and corruption. right? so it's, it's a case that says, average cassock stung. ok,
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cossacks feel that they're not benefiting from these natural resources in the same way as, as, as the elite sized. that basically what it comes down to. yes, absolutely. so it is our ceo, a key strategic position as well as it stands. what sort of an impact could this have on the economies that surround kazakstan? it? yeah, of course it regards to the idea of relationship with the washer. now russia is playing beautiful. now, in coming down the country, or we don't know yet how china will react to the whole situation because of the shares of china in the cause like 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 it orient system which limits the, the development of people. ok, well as a slog, i will continue to watch developments. thanks a lot for bringing as your insights. here on the w. yes. 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 publisher warner chapel has bought the rights to bowie's more than 20 studio albums for
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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, selling the rights 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, 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 mass. those for the recording is
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also 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 $250000000.00 for barry's back catalogue. 500000000 for 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 out logs come up with a figure. ah, it's, it's not so easy to assess it, but i think it is a long term interest 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. peter chuck 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't be burned without tommy 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 helical land out in the windy north sea 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 those, the large steel and chemical industry urgently needs this hydrogen and as quickly as possible. the demand is huge and lead calculated that every 5th car could run on
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hydrogen just from the equivalent of project. 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 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 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 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 helena lands reputation as a natural island will be damaged and certified 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. gotcha. that 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 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 already had to our website. did we dot com slash business, goodbye. ah ah, with
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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. in 30 minutes on the w. o.
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o, what secrets lie behind these walls? discover new adventures in 360 degrees. and explore fascinating world heritage sites d w world heritage is $360.00. get the app. now imagine how many portions of lunch are now in the world right now. climate change, very hot story. this is life less the way from just one week. how much work can really get we still have time to go. i'm going on with his subscriber all morning. he was like, well, i need you to hit knows all it's creators for everything and we digitize everything from the hot
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commodity. in this global experimenter, our data smart devices are embedded in our daily lives tracking our every move. the internet of everything starts january 17 on d, w. ah, ah ah, this is the w news line from by main shoot to kill orders in kazakhstan as the president says he will destroy.

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