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tv   Business - News  Deutsche Welle  April 4, 2023 12:15pm-12:31pm CEST

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mark awaiting his historic court appearance. the former president is staying in trump tower before he hands himself. in 2 prosecutors later today, troll faced his criminal charges stemming from alleged hush money paid during the 2016 presidential campaign coming up next. it's business with chris cobar. he'll be looking at the impact of opec's surprise caught in oil production. don't get all the latest news any time you want on our website, d, w dot com. i'm terry martin. thanks. mm . sometimes to be shown right. you tv highlights for shooting books and free week, not to not will you become a criminal m,
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pre claim, a all ready news with hackers, paralyzed me to your societies. computers that are some are you and governments that go crazy for your data. we explain how these technologies work, how they can go in for a degree, but it's how they can also go terribly. watch it now on you to a, a precautionary step letting oil prices search the world's top kirkwood reserves announced a massive caught, and output will look at the impact of the move on out of your markets and beyond. also coming up 50 is ago today, the 1st call from a mo bile phone was made to take
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a look at how a clunky toy from nerds became our most important device. and chris coldwell, 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 close members, as a result, the price of brent crude all rows of, of $80.00 a barrel on monday. saudi arabia rock and several golf stay 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 mid west where companies are trying to buy land to build solar farms and callaway count in missouri. for example,
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the debate has deeply divided the community. something that's happening in many rural areas across the country and which is slowing the transition to low carving electricity in 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
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come as early as this summer. although it is not confirmed by the ranger power renewable energy company. 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 or for future generations. also, every 2 weeks, the protesters,
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me in the town hall to discuss the new solar farms differing visions have pitted farmer against farmer and even divided families neighbors. i was on tweaking each other with this issue. this was, were very, very tight community, very tight knit community, and in a it is affecting a 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 . his 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. so livia, 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?
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the cuts are indeed precautionary we, we think they are, that's because opec plus does not want the current micro certainty that we've seen over the past couple of weeks a month 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 ok. there are no 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 ok, then the market risk over tightening. and, but the thing is that we don't think actually, opec will follow through with all the cuts. if the market starts over tightening live, you better, you see the biggest impact these cuts are having. well,
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if you're thinking about it in terms of markets and grades, it's going to be your de by linked markets that will have the biggest, the upside in terms of prices. and that's because that's the production that we are losing from the open 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. or of course, the contrary is true if we go into their deep recession, then the cuts will essentially negate the downside to prices. and it will not
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impact inflation. libya there are analysts saying that the oil producers just won't accept the 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 prices that we seen over the pastor 23 weeks in particular. we're not prices that open. we're comfortable with lydia guarantee of energy aspects. livia, thank you for your 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 1st call from such a device happened 50 years ago today. but it took another decade for the 1st mobile phone to get regulators prove this. is it the 1st officially licensed mobile
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phone ever weighing in at over half a kilo? this motorola cost over 4000 bucks in 1083. today, it can be viewed in berlin, 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. however, it would take another 10 years until an engineer actually sent the 1st message. the 1st message was merry christmas. so with the full words, no extra, it was christmas. it was a true milestone turning of fallen into a multifunctional instrument. for the very 1st time we have mobile telephone, which are more than just an initial note on telephones. we're moving beyond voice communications to a new application of the mobile spectrum to sending literally text messages. you can see that continuation through today, where we have hundreds of thousands, if not millions of applications on our smartphone. so the estimates could be
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considered the 1st step towards the modern smartphone. the 1st text message was suit followed by computer programs that came to blackberry, then video calls and an ever growing offering of apps. applications for mobile phones and tablets to day study suggests that people spend over 5 hours on the 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, ben. so let's dive right into my producer and i have been having a quite a heated discussion. is it knock? yes, 6210 or 6310, which is the best mobile phone. ah, well, some of those classic nokia 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 he into the device that's most important to many
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of us? 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, i've actually got a lot more expensive, but let's not forget that this original mobile phone would have cost about $3500.00
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in 1984, which is about $10000.00 or $11000.00 us dollars now. so the price is have come 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 computer 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 nowadays, 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 and environmental headache this year. 1.2000000000 phones will be sold. there's more phones on the planet, some people. and we need to be starting to be more responsible using more
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sustainable materials and also making sure that those phones are recycled, responsibly and more repairable. the best thing you can do from a sustainability and environmental perspective is use your phone for longer than would founder of the mobile phone museum. ben, thank you. great to join you. thanks very much. and his reminder of the top of business story we are following for you at this hour. major oil producers are cutting more than 1000000 barrels of day, starting in may. that's according to 8 surprise announcement from pull pick club members. as a result, the price of brent crude all rows above $80.00 a barrel on monday to 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 and berlin from me and the entire team. thanks
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for watching. have a success with sh. this young documentary filmmaker wants to know what really makes cal only high in tech can unravel this ancient and with virtual reality. wookey uncover is a story for human kind. or will this mystery remain a secret for a pulse? with the beginning of the story that moves us and takes us along for the ride. it's own about the perspective
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culture information. this is dw and d, w, made from mines kick off a 60 minute on d, w. mm. mm. oh, oh, matters to us. i am, that's why we listen to their stories. reporter every weekend upon d w. what can be done to reduce the farms? carbon footprint. how much to father manage his fields? what should he feed his livestock? one fullness shows us the way. how did cows proceed? thank.

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