i think but not finding the net. nicholas folks broke the deadlock and secured a one. no victory. germany kick off their world cup campaign against japan. next wednesday. a quick reminder of our top story. the cell though in poland, say russia bez, ultimate responsibility for choose dice, missile the explosion, you pull in to kill 2 people. so most likely 5 by you crime, to defend against russian on the box. and that's it you're up to date. business news is next with christy. please stay with us. that's coming up after a short break. ah, every journey is full of surprises. we've gone all out to give you some tips with. i'm in your northern

most count please. ah, 3 times along. but still very much alive, d, w, travel, you'll go to the special with recognizes where exactly it was fun and i have learned a lot of culture history. all their d. w. travel extremely worth a visit. ah, ah, ticketmaster isn't swift enough for taylor lovers. calls to regulate the ticket sales giant are growing louder after a botched pre sell event. anger taylor swift found also coming up retail sales rise unexpectedly in the us. but worries about one major retailer or keeping investors

hopes in check or get the low down from wall street. and what the world's powerful can beating at the g 20 summit and bali people in indonesia are trying to bring pollution from the local mining industry into the spotlight. i'm christy plants and this is d. w. business in berlin. there have been new calls in the us to regulate ticketmaster after the events ticket seller suffered some high profile problems. ticket sales for taylor swift highly anticipated 50 to date us concert tour or plague by issues as computer systems collapsed under the unprecedented demand. some of the tickets that could be bought were then put up for resale for more than $20000.00. taken master controls more than 80 percent of the ticket market and its acquisition of the events organizer live nation a few years ago, only added to its dominance offer more on ticketmaster. joining us now is krista brown, a senior policy analyst at the american economic literate liberties. project an

anti monopoly group. now krista, you've been watching ticket master. what stood out to you about the chaos surrounding the taylor swift ticket sales? no, i think a actually this is just one more situation where we can see it or it's customer base. most people are story about trying to get to thinking some things in their car and it being taken off before they're actually checked out. but the number of people that really now experienced this all at once a day and time forties, there is the most unique. that's what's happening right now and it's catching. and i mean, yeah, it really seems like quite a bad situation. how did the ticket sales industry even get in this position in the 1st place with one company being so dominant?

yeah, you know, it goes that way. if you actually get master back and funny and merged with the market concert from other live nation. but even before that merger had so called monopoly on in about 80 percent of the market share, the nation was both they were but radio for the merger was going to be a direct competitor. live nation decided that they wanted to get into a direct competition which often result in her outcome for, for artists. they merge, and therefore it really consolidated not only on to getting layer but also on vertically integrated. who is promoting concert? who is the management reading, largest artist, and then who owns even the values?

so ever done 2010, they really, really gotten worse. but before that murder, both were a problem in terms of their dominant in the well chris, what do we do at this point to fix the industry? what's your opinion on the i think, i guess the larger person that is been murder should have never gone through. how does that happen? the regulators approve it. so the number one series in our opinion is unwinding merger. i mean my separate from to get masters, one of the examples of what the market can end up looking like in terms of fair or healthier competitions. if you look to the british premier league where they actually don't ever interact with the live nation side to get masters because the stadium don't concert. and within the british community, ticketmaster doesn't even hold 50 percent of the contract with, with

a. so although it's not a particular situation, it gives an idea to what, what a more competitive marketplace might look like, and what we could go for in the future if there is an online thing. thanks for breaking that down for us. that was chris brown from the american economic liberties project. well, we've got some unexpectedly strong economic news from the u. s. retail sales rose 1.3 percent in october from september. that's up from a flat reading from august to september. american stepped up there spending at retailers, restaurants, and auto dealers, and even excluding car and fuel sales growth was a solid 0.9 percent. however, it wasn't all positive target stocks tumbled after the retailers. the 3rd quarter profit had fallen more than half off or more in this. let's bring in teddy auster at the new york stock exchange. now teddy certainly disconcerting to

hear americans are spending less at target, but at the same time, retail sales are up. we've seen inflation cooling, is the economy making a turn for the better? can you put this in context for us while this is the biggest increase in retail sales, we've seen in 8 months, it could be attributed maybe to some early holiday shopping, but really, retail sales are up across the sector and one they think this is some great news, but we also have to look through the eyes of the federal reserve, right, inflation. we have seen it has started to ease the last month, which put some whispers out, hey, the fed may use its interest rate hikes, but now we are seeing very strong consumer spending. we are still seeing a tight labor market, and that may influence the fed to continue its stark interest rate hikes to try to tame inflation. and of course, that could cause a recession in the u. s. economy. now tell you, i also want to check in with you on the crypto currency developments. now we've

heard that the crypt broker genesis has suspended redemption of its lending arm. how significant is that move for the crypto market? you know, they've halted withdrawals. they've also halted loan originations, and they're blaming, of course, the fall of the f t x empire that we just recently saw. it has caused shock waves across the crypto currencies, markets. and it of course, has hit many of janice. this is business partners that includes gemini, the exchange owned by the week of os twins. and, you know, this appears to be a domino effect happening right now. hitting the values of crypto currency, which were already struck earlier this year. as well as the legitimacy of the market, which is written with fraud with scams and has been continually called right the wild west due to lack of oversight. teddy auster new york. thank you so much.

indonesia has been hosting the g 20 summit this week and that's presented an opportunity for people there to speak up about the problems they face, including damage to the environment. the country sits on the largest nickel deposits in the world. but pollution from the mining industry is destroying the livelihoods of those nearby to reduce in his struggling to make ends meet today. he's just not caught enough to out. and when i only caught 2 kilos, i can't even pay for cigarettes. with that, i get the i to group. it's an existential crisis for the fishing village of pseudo way, see, the average catch here used to be 10 kilograms a day. the locals blame the nearby nickel mine, syrup, jude, and says the fish of migrated elsewhere to avoid the hot water being dumped by the mine. yet there's no sign of nickel demand decreasing. it's a key material for batteries vital for the rapidly growing electric car industry. an important pillar in limiting c o 2 output globally

but it's a catch 22. the ecology of areas near mines like this being harmed in the pursuit of a reduction in carbon emissions. refrain it is an environmental dilemma. it's about giving the melon of cost and benefit and which, oh, you know, it has a lease cost with the higher benefit. and if, if this anthony here, renewables will have at least by then higher benefit, the benefits are not clear to sera jude. and yet he doesn't blame the leaders meeting and barley or any one else. pick a lie, lack, there will be days when i have money and days when i don't. there will depend on god's blessing as i do. he's leaving his future to fate. the united kingdom is expected to high taxes and slash public spending when it

presents its new budget on thursday. britons are bracing for the worst, especially in deprived areas. it's to be laughed english tradition in the run up to christmas. $4000000.00 tourists flocked to blackpool on the north stan english coast each year. to see the illuminations and dazzling displays switched on for the annual holiday season. that town has decided to keep the lights on at the sea from promenade, despite soaring energy prices to keep tourists coming in. but hotel on a tracy upland says business is very slow right now. looking ahead to next year, she would usually have 40 bookings by now, but there are just 5 or 6. she knows every one is struggling with inflation. that's why she feels she cannot pass rising on to her customers. i can't sit in murray management. going to sit, do you think rockwell,

what am i gonna do is job. hey, glenn. oh really think what i'm going to do in i am i to close for bay? i think a lot of people who shocked wilmington just opened some season pendulous. julie and kevin newbies. main worry is the high cost of gas and electricity they do. they are washing at night time. now instead of during the day as it is cheaper than, and they are always going around turning off the lights, i was paying a 100 pounds for mallet to come my gas a month. and now i'm paying $220.00. so it's gone up over a $120.00 pounds a month, a foot by yourself then. but don't know whether we're going to get any more increases . blackpool already is the most deprived of england's $317.00 local authorities. according to a government report which measures average income employment, health, and crime. people are struggling to eat. people are struggling to heat their homes

as well. that hath an akani fact in terms of general health and well being. so we get more people that turn up at accenting emergency. more people that might be ham, using drugs and alcohol, to alleviate simpsons caused by the property that i feelin. the beautiful seasonal illuminations cannot hide the fact that the prospects are dark for more and more people. not only in blackpool, that's our show from us here in berlin. thanks for watching me. enter the conflict zone with tim sebastian. russia has suffered key reversals on the battlefield. as curious. horses have come to attacked and seize back a wide sway the territory. my guest this week from moscow is andre kalashnikov, senior fellow at the think time, the comic gate endowment for international peace as anger mounts among some of la

uprooting supporters. how vulnerable is he conflict zone next on d w? yes. what factors spook cloud? i'm saying i'm convinced here can become a role modeling ecological training account or produce more energy is the burning issue in many european countries right now. but can leaders are great on common solutions? the future is being determined, but now the europe revealed part 3 in our series in 45 minutes on d, w o. in which met. she's now said, can i get the country? i came up with an increasing number of women and less in

america. i'm guessing fed up there needs to stop mad doing and depressing a net fighting again. next is them violence. and for access to abortion, a successful position is on the line with november 25th on the w. russia has suffered key reversals on the battlefield, as curious, forces have come to attacked and seize back wide, sway the territory. my guest this week from moscow is andre kalashnikov, senior fellow at the think tank. carnegie endowment for international peace as anger amounts among some of vladimir putin supporters. how vulnerable.