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tv   Business - News  Deutsche Welle  May 23, 2023 5:15am-5:31am CEST

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a private space ex mission, caring saudi arabia's 1st. e mail. astronaut has docked at the international space station around a barn. all we breast cancer and stem cell research or is the 1st saudi one into 5 space. joining her on the mission are a saudi 5. your pilot and an army american business are in good hands are led by a retired and nasa astronaut, 5 days already lived in the w businesses up next with stephen beardsley. we'll have look at the fines coming down on facebook. apparently that's the prices category issues with a lot say what crazy the, what do you see? it really is possible to reverse agent researchers and scientists
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all over the world for in a race against time. they are peers and rivals with one daring goals to help smart nature. the more likes watching it. on youtube, dw documentary, the the you hits meadow with a record breaking fine over data transfers to the us. meta says it's up to politicians on both sides to solve a problem. that's dog. transatlantic relations for a decade. also in our show, china flashes flashes of anger after the latest g 7 meeting and puts us chip or micron on a blacklist for major projects in the country. it's also on our show is
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a new wind blowing in a fight between communities and wind turbine developers. we look at some new initiatives to give residents a lot of the prophets. hello, and welcome to the show, obviously, beardsley in berlin. and we'd begin an ireland where regulators have hit meta with a 1200000000 euro fine, the largest such penalties since the strict data privacy rules inter entered effect 5 years ago. on the data regulator. so the parent company of facebook, what's up and instagram continues to run a file of rules governing data transfers to the us. they said meta has 5 months to bring its policies into line. the company says that it expects the u. s. and e regulators to work out a broader data privacy agreement in the coming months of the fine is the latest chapter and a decade long dispute. going back to revelations, the us intelligence agencies were accessing personal data from facebook as well as other social media companies. for more on this, i'm joined by rosie birch are in our brussels bureau, rosie,
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i'm going to have you on the show, help us understand what's going on here. what exactly are irish data regulator saying with this funding with this penalty as well? not to a stands accused of violating, reaching that your opinions, privacy rules can it's really all here about questions of protecting european union users of the day. so when that data is transferred to the us and particularly questions around us surveillance activities, but to understand how we got here, we need to rewind because this is part of a latest twist. in years of legal wrangling under which probably some privacy activists challenge, big tech in courts and i back in 2020 the years taught court struck don't a previous data sharing framework of data flow framework between the european union and the united states, which has been known as the privacy shield since then, metal has been rely on another mechanism known as stumbled standard contractual closes in order to keep the data flowing across the atlantic. now we face latest
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decision from data protection authorities in dublin. and the reason it's happening in our own, just because meta, you headquarters is in our lives that linked his decision, says that the, the backup method, those standards contractual close, is used to keep the data floyd. well, those 2 that method to is in breach of the real book and is breaching you was it was a both of you and you say that they're working on a common, a data access regulation for the summer. does that mean essentially this matter is out of met his hands and really it's, it's on a much higher political level right now as well. investor has said this latest decision is flawed and on justify. but indeed, it really has to wait and see no fault of brussels on washington. come up with because since that decision of the east top court in 2020, the, the us has been trying to work out a nother and mechanism. another framework which will stand up to legal tests to, in order to keep trans atlantic faces at it, to
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a trusted loving date. to fully know, mehta says that so far there is no disruption to its services in europe. so for example, facebook and instagram on, but there are several months in which it can implement this decision. now the european union has said in the last couple of hours and it said that it will be looking to try to secure a new deal or even us state to transfers with the us before the summer. so within the next few months, but it does mean that this kind of hangs in the balance here. and what we're seeing overall is attention here and you're between protecting users data. and of course, and of course, creating a stable environment for tech businesses. rosie bershard in our brussels bureau, helping us understand that new fine against matter. thank you. which one is regulators bound to band some domestic purchases of chips made by us for micron technology. as a jane continued to register its displeasure over the outcome of the latest g. 7 meeting regulator saying us company failed a security re review, excuse me,
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beginning earlier this year. and it badging would now prohibit domestic operators of key industries from doing business with microns. china recently accounted for 11 percent of microns revenue. so much of it in the area of consumer tech at the move allows last week's g 7, excuse me, follows last week's g 7 meeting and japan were countries bound to the risk their economies from china for more than 4 decades. earlier i asked george madness of the oxford university of oxford university of china center why badging was so upset by the communicate or statement released by g 7 countries at the end of that meeting take listen. so the communicate refers to a number of things which were clearly pointed at china. so for example, among the many paragraphs that were included with those that involved and an approach just like well known market policies, which is basically how they describe china. and that was a non mock you to call me about co issue of other countries in terms of trade and
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commercial policy they object to or don't like the harmful effects that are quote, some countries adopt with regards to certain sectors like trevor digit digital sector. and there's plenty in there about the requirements for international standards in governance and peace and stability. so they're almost, you know, you could pick any of those. and i think paging probably would have looked at the whole lot as a, as a sort of collective. and then sir, do you know that? so linked with us and we didn't like it. we think back to this is not something that to, you know, we, we know that we're in the process and we're done. what about it? it's moved by badging against us to make her my con, is this largely symbolic or does it really carry any have to for the company and ultimately for washington? or i think it's probably quite important some micro and i think a, you know, certainly a kind of a, at least a low double digit proportion of the revenues of sales. as far as i'm aware,
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comes from my business in china. and the fact that they've been picked on by we're trying to use government as a kind of a could for a quote, because obviously the chinese government doesn't like their companies being picked on by the us congress or by the, by the, by the white house. so this is, this is part of the tit for tat of the, this engagement, you know, which is taking place. and so in microns being, uh, i think the chinese infrastructure companies and projects are being banned from so, so a single by micro on a chip. so mike, on products, so that projects, this is um, i mean, in a way this is kind of possible because this is, this is just the way that the united states and chinese governments are kind of behaving to one another. not withstanding the fact that they're trying to establish, i think they're trying to establish more of a dialogue and then by adult to see before the sign was balloon incident. and earlier this year, right, we're hearing more and more reports that there could be more dialogue between the 2 sides. and after a lot of these tensions, you just mentioned
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a pollutants. and of course, i'm going back to micron real quick. it can, we imagine a rift, there is other companies to try and rush in potentially including from american allies such as samsung and south korea. they would actually fit that profile pretty well of what micron is doing there. i don't know if that's intentional from china or if that's just something that the dollars will have to deal with. is it realistic as well? it, it certainly creates 2 kinds of incentives, the grades and incentives, the chinese semi conductor companies to try to fill the gap. and in fact, the shares of some of that, a semi conducted companies that rises in the way to be my current announcement. it also creates an incentive for microns from cartridges to kind of steel bit of a market as well. um, but um i was same time. i mean, the lots of nuances she had at the same time because the united states government, the south korean government, the japanese government, um, are, you know, all in negotiations and talks to try to reinforce america's
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regulations that were introduced last year to prohibits they set out of the sensitive materials, particularly advanced micro chips to, to chinese companies. so yeah, it's a bit of a tussle going on here as to, you know, no doubt, some companies will try to get round the regulations. but ultimately those regulations are not going to be abandoned. all right, that's george magnus at the china center at oxford university. thank you so much, george. i thank you. that interview was recorded earlier. you can find the full version on youtube or the dw news channel. well, germany has big plans for renewable energy this decade, with wind turbines, in particular, set to play a major role. if they can find social acceptance, especially more world parts of the country, we're not all are happy about the giant structures. now, some developers are finding clever ways of winning over residents, including giving them caught up the prophets,
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the town under wind turbines. there are 37 of them in dodge of time. and those who live here see them all the time. like i go to going to his grandson doesn't know any different for his grandfather to they have long been part of everyday life. we store those up to doesn't bother me at all. we sit outside a lot in the summer and it's no problem. i put it in the mood is completely different. what a 120 kilometers further north near luda, that's 44 wind turbines are in operation here, but no one likes them, like tanya schultz who misses her unobstructed view and something else upsets her. the increased electricity prices, she has to order electricity elsewhere, and her provider is now raised the price per kilowatt hour from $22.00 to $0.46. and with letters, yes, one becomes naturally angry and they basically double the price per kilowatt hour. and that's, we've got everything on our doorstep and we don't get anything out of it to go.
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everything becomes more expensive and we get nothing. o one, please. types to bad does what? because they're sort of back in dodge of time. things are obviously very different here. the wind farm has made sure of that. it gives local residents a share of its profit. i can do so. residents can benefit from cheap electricity, $0.30 per kilowatt hour. peter sholtes has opted for this. his previous provider raised the electricity price to almost $0.60 if it's the investment, but their release is because actually many things that increases that my money that has an increase much the wind farm does even more. the operator voluntarily transfers one percent of the profits to the child's associations. the mayor is also pleased with the income from the business taxed and can offer residents even more. the bill was one of the our citizens and we've limited this to our own village here and can make it directly to capital investment in the wind
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farm up unless they receive an annual interest of at least 4 percent off. yeah. and when the wind blows, it's even more fuel puts in. when the vin, with the mail word has spread, the secretary general of the world wind energy association from bon is visiting dr . time. he knows how important it is to get local residents on board. if the energy turnaround is to succeed, you know, to see some people can identify with it, they become part of it. then they are to some extent and also lobbyists on the ground for wind energy. they want to have and that's themselves tom. there is a good chance that there will soon be more supporters of wind power in germany. companies are now legally required to involve local residents for tanya schultz. it's a little too late. the most of our show you can find out more on lines w dot com slash business were also on youtube under the definition. it's watching the
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vendor village in calabria. the wow. most of the m e inhabitants infected us together, they are keeping in place and again on the left. not really you know, not guilty of testing a national intelligence takes not so far how. how does it do that? and is that a good thing? the human versus machine, the 45 minutes on
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d w. these places in europe are smashing the record step into an old adventure. it's the treasure map for modern globetrotters. discover some of us record breaking site on google, max, youtube and now also in book form. the and abandoned village and the south of ed lee. it's been 50 years since these houses were last occupied. printed that below is one of many ghost towns than calabria. but perhaps it's just too beautiful to be abandoned completely.

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