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tv   Business - News  Deutsche Welle  April 3, 2023 6:45pm-7:01pm CEST

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toy from nerds to came are most important device. and chris global. welcome to the program. more than 1000000 barrels a day. that's how much major oil producers are cutting their daily production by. according to a surprise announcement from opec plus members, as a result, the price of brent crude all rows of, of $80.00 a barrel on monday, saudi arabia, iraq and several gulf states said duction cut will go into effect and me, along with higher energy cost to move could also mean that inflation stays elevated according to alice putting additional pressure on central banks to combat and staying with the energy sector, the solar power boom is facing growing opposition among us farmers and land owners in the midwest where companies are trying to buy land to build solar farms and callaway count in missouri for example, the debate has deeply divided the community. something that's happening in many
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rural areas across the country. and which is slowing the transition to low carving electricity and the world's largest economy. huge areas covered with solar panels, often on former farm land, but there is growing resistance in callaway county, missouri signs of appeared on the side of the road against new solar projects. susan burns leads a group of farmers who fear their agricultural income will be at stake. this is huge. seller companies coming in, taking our farm land, ruining our agricultural community, taking away all the agro businesses. the loss of 10000 acres of land in callaway county will bankrupt, many of the agricultural businesses around here in northern callaway county. word is that the 1st shovels for one of the 3 solar farms could come as early as this summer. although it is not confirmed by the ranger power renewable energy company.
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the developer of the $250.00 megawatt project, which would be enough to power nearly $43000.00 homes, says that it's $300000000.00 investment would, among other things allow local homeowners to sustain existing family farms. and some farmers like michael graves have agree to lease land for the solar panels. foreman is very good right now. you know, the crop prices are high yield. we've had some pretty decent yields the last few years. but i can remember times when it wasn't so good. so you know, this was something that it's, i won't say guaranteed, but it's a, it's going to be a steady form of income or, you know, maybe into my retirement her for future generations. also, every 2 weeks, the protesters, me in the town hall to discuss the new solar farms differing visions have pitted farmer against farmer and even divided families,
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neighbors on tweaking each other with this issue. and this was, were very, very tight community, very tight knit community, and in it is affecting the social structure of our community. the u. s. electricity grid still source is 60 percent of its power from fossil fuels. but experts, fear grassroots protests against solar projects could significantly delay the u. s . as commitment towards getting to net 0. let's return to our top story here, the world's top, all producers announcing a massive output. let's take a closer look at the matter with libya. galati all markets analysts at n a g s back sir olivia, welcome back to the program here. so, so all pro powers are calling these production cuts a precautionary move in case the world economy sauers. do you think these cuts are justified? the cuts are indeed precautionary. we think they are. that's because opec plus does
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not want the current micro certainty that we seen over the past couple of weeks and months to lead to another collapsing oil prices. these are factors that are not linked to a market for mentally, and that's why opec has reacted the way it has. now the thing is that the market is already starting to draw. and i mean, i would say fundamentals are okay. they're not bullish, but they are okay. so the thing is if the western economy doesn't hold up in the 2nd half the year, the cuts will prove the right move. if the economy looks okay, then the market risk over tightening. and, but the thing is that we don't think actually open will follow through with all the cuts. if the market starts over tightening, livia barrier, you see the biggest impact these cuts are having. well, if you're thinking about it in terms of markets and grades,
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it's going to be your due by linked markets that will have the biggest the upside in terms of crisis. and that's because that's the production that we are losing from the opec plus cuts. but broadly, the cuts will resonate globally across all demand centers. it will lead to higher prices everywhere. yeah, and speaking of higher prices, how much of a problem is this move in the fight against inflation? well, we expect the cuts to tighten the markets and that should lead to higher prices as we've discussed. and now the thing is, if you think that the economy will hold up by and large and it will lead to more sticky inflation. of course, the contrary is true if we going to their de procession, then the cuts will essentially negate the downside to prices and it will not impact inflation. libya there are analysts saying that all producers just won't accept the
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price that's below $80.00 a barrel. is that really the threshold here? briefly, if you could? well, opec don't have a specific threshold, but definitely the price is that we seen over the pastor 23 weeks, in particular. we're not prices that opec, we're comfortable with libya guarantee of energy aspects. livia, thank you very time. thank you. jim. sports, netflix, even sex. there's a lot that, according to a recent survey, people would give up rather than their mobile phone. and i guess it's somewhat understandable. seeing that we use these devices for so much more than just ringing up friends and family of the 1st call from such a device happened 50 years ago today. but it took another decade for the 1st mobile phone to good regulators prove this. is it the 1st officially licensed mobile phone ever weighing in over half a kilo? this motorola cost over 4000 bucks in 1083 to day. it can be viewed in berlin,
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museum for communication, turn and on a handful. it fits in a pocket and it was rechargeable, really, this is the 1st mobile phone as we know it today. and it allows for more than just phone calls, but also text messaging it. however, it would take another 10 years until an engineer actually sent the 1st message. the 1st message was merry christmas. so beautiful words, no x rush. it was christmas. it was a true milestone turning of fallen into a multifunctional instrument. for the very 1st time we have mobile telephones which are more than just literal, mobile telephones. we're moving beyond voice communications to a new application of the mobile spectrum to sending literally text messages. we can see the continuation through today, where we have hundreds of thousands, if not millions of applications on our smartphone. so there are some, as can be considered a 1st step towards the modern smartphone. the 1st text message was suit followed by
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computer programs. then came the blackberry, then video calls and an ever growing offering of apps, applications for mobile phones and tablets to day study suggest that people spend over 5 hours on their smartphone every day of um, more or less bringing benwood. he's the founder and co curator of the mobile phone museum. welcome to the show ban. so let's dive right into my producer and i have been having a, a quite a heated discussion. is it not? yes, 6210 or 6310, which is the best mobile phone. ah, well, some of those classic knock your phones were very, very special. and they holder a very personal place in people's hearts. um, and it was a certain time when people were mainly doing, talking and texting, that goes fine sir, did a great job so far my technology point of view, how could the mobile phone turn on t into the device that's most important to many of us?
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well, i mean, we come a very long way. so here is the phone that we're talking about a phone like this. 50 years ago, the call was made. it took another 10 years to get to this kind of commercial design. and this was all about just talking, it was about cutting the cable and making sure you could go anywhere and make a mobile phone. the evolution has moved on. and of course, the mobile phone now serves so many purposes. it's the key thing in people's lives with calling, texting. it's your camera, your credit card, your tv, your maps, it does so many things, right? as you mentioned, technology went on and regular mobile phones have become quite cheap nowadays. why are smartphones still considerably expensive? well, i'm smartphones have actually got a lot more expensive, but let's not forget that this original mobile phone would have cost about $3500.00 in 1984, which is about $10000.00 or $11000.00 us dollars now. so the price is half come
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down, but if you look at the complexity of a mobile phone, in terms of the big screen, the battery, the camera technology, the processor, it's a mini compute to in your pocket. and also because it's so valuable to people that prepared to spend a lot of money on it. then scientists list some 40 to minerals, including several precious metals that can be found inside many consumer phones, nowaday making them a real sustainability issue. do you see anything change about that? we are starting to see small changes, but you are absolutely right. mobile phones are an environmental headache. they see a 1200000000 phones will be sold. there's more phones on the planet from people. and we need to be starting to be more responsible using more sustainable materials and also making sure that those plans are recycled, responsibly and more repairable. the best thing you can do from a to spain,
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ability, and environmental perspective. if you use your phone for longer than would founder of the mobile phone museum, ben, thank you. great to join you. thanks very much. and as a reminder of the top of business story we are following for you at this hour. major oil producers are cutting more than 1000000 barrels a day, starting in may. that's according to a surprise announcement from full pick club members. as a result, the price of brent crude oil rose above $80.00 a barrel on monday. the move could also further fan inflation. that's our show for an hour for more check out our website at the d. w dot com slash business. and of course the d. w. news, youtube channel. i'm chris kolber in berlin for me and the entire team. thanks for watching. have a success with
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with
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