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tv   Business - News  Deutsche Welle  May 23, 2023 4:15pm-4:31pm CEST

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and from where the british topler went missing. christian b is also under investigation on suspicion of murder in the concave, but hasn't been charged. he has denied any involvement the police comp beside months after matters disappearance. but diverse only found anymore remains. now they're searching the area again at the request of german authorities hoping for a breakthrough in the case. let's set you up today tomorrow. well, here's the top of the hour of what size of business updates in just. i'm not a good the . the doubles use crime fighters are back africans, most successful radio drama, serious continues. all episodes are available online. course. you can share and discuss on the w africa's facebook page and other social media platforms,
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crime fighters to name. now, the only way i can be on the top is to create my own empire, discover stories to just to click away the during the destination, right. size. document trees. before subscribe. now. ok, name, treat those wall. mean businesses are avoiding investing in your up. we'll look at the latest data from gemini and also here from the people who compiled it, a kind of well come together to tackle rogue crypto trade is we'll examine proposal as the new global regulations and a new data center is causing
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a dilemma in no way with local factory saying that wouldn't be enough energy to go around. there's a database, nissan roberts, in berlin, welcome to the program. so as well in your it's making the confident, less attractive for business. so the answer is not yet. and if it goes from jim and he's just outside for an investment health study last year, despite the 10th situation surrounding rushes, invasion of ukraine on the massive impact it had on germany's energy supply chains that were more than 25000000000. yours of investment in germany last year that's according to jeremy trade and invest and that is considerably more funding 2021. as you can see here. but that difference is almost entirely accounted for by us to make it entails plans to invest over 17000000000 in german plans. the us is the leading country for direct investments and terminate with 279 projects in the
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pipeline in 2022. but you can also see an investment from post breakfast for us and the u. k is also rising with a 21 percent jump last year is u. k. fans seek a foothold in the germany is proving particularly attractive sales. and it comes to a chip making electron ability and energy industries that are being forced to innovate by digitalization and climate change. but despite a rise in the value of investments, actual numbers, the rule, fig, for foreign projects, germany attracted last year was almost exactly the same as it was in 2021. so at the h q in. but then i asked germany, trade and invest. see jo, robot, ham, on for his take on that. it's a good sign. so i guess some uh, also shows that i'm germany is still attractive. i was all the different difficulties that we have around the many is attractive for important investments
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for money from investors. some outside of germany shows the business opportunity that we can offer in germany attractiveness of the transformation of the industries . i think it's a very good sign for a recent development. yeah, embracing developments, we are talking about the year when, of course, a will began in europe and has the invasion of ukraine by russia. had an impact on how companies approaching the idea of moving gemini, and of costs. it has an impact on those companies and do more. i do think about whether they are deciding to invest in the region where the war is not that far. so it has an impact of cause. also the influence of the war and the energy supply in germany has an impact on investment activities of companies, more than every sector. and so there are companies that are much more influenced by
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energy cost. what's their activities as us don't have such influence or don't see that, that there is an impact on their activities in germany in the service sector. for example, digitalization doesn't. this has not been influence with the war and ukraine, but it has an influence. we don't see that in the numbers yet. um uh, knowing that an investment project takes about the year from the 1st stop cent you think, or is that a company thinks about investing in the region. so it is relevant that, that we have in mind that this impacts might change the numbers in 2023. we don't see that yet for 2020 to somebody else that might end up having an impact to the numbers in the long term is present in bivens inflation reduction act. and they sent, devising companies to authorize in the united states instead of in your space. that's how the european union seems to see it. all you expecting? that is to have an impact in the coming. yes. i expect that this is going to
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influence the investment scheme or um, in, in total for europe. we don't see that in the numbers in 2020, to the infection reduction act and the opportunity started only in 2022. so we see that there is going to be um, investments that are relocated, almost relocated bunch that companies that think about where to locate their money and to investment projects. we don't know what, how big the intake is. we see that as a risk funds. um, uh, to 0 paternity is that offered through the impression reduction act. again look for every sector and look for every company from every nation. so there are companies that still half and sees you have them in mind to invest in germany and see opportunities in germany as before. and europe starts investing in germany means also investing in europe, the supply of a repeat market for example. so i have the impression that i'm the going to be still companies and i'm very much interested in investing in europe and in germany,
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in certain sectors energy supply or was relevance where energy supply has an impact . all there is the transformation of an industry has an impact mobility or future mobility. for example. they might think that the opportunity is big and that might influence their decisions. the sale of demi trade and invest who i spoke to the headquarters invalid living on the wells biggest security's watch dog has proposed the 1st global set of standards for regulating crypto assets. i also goes members, including most of the world markets regulate and including the fcc in the us. is recommendations for a series of scandals in the crypto industry on the collapse of the exchange f t x, who's millions of clients related to collectively last billions of dollars. ask us recommendations badge regulations around the world to co operate, to control companies with operations across the board. yeah. and when regulations
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environment you shouldn't get outcomes like that. and it is quite notable that the parts of the f t x, a business that was actually domesticated into united states and noted states and overseen by us regulators did not suffer from the kinds of problems that f t x itself a faced. and so, yes, in principle, you shouldn't be able to avoid that kind of experience, but only on the basis of very significant changes in the way businesses runs. the kind of conflicts of interest we saw on the f t x model. they just didn't exist anywhere. how confident tell you that i ask is proposals will be taken out. we are record is that our proposals are usually taken up by everybody. it can take a little bit of time because changing legal systems takes years. so um, but you've got to start somewhere. so i'm pretty confident we will get there. i'm also pretty sure it will take us some time the period of perhaps years of
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engagement with, with jurisdictions to actually talk to. and then once they've achieved how to change on how to get up to the right level, so we will get there. but it's a hard struggle because as you say, as a globally fragmented market, with lots of jurisdictions doing things that are all way or like a mountain maloney 6th street general of bios guys, thank you very much for joining us on the w business. got you. thank you very much and you'll be able to watch an extended version of that interview on the domain, use youtube channel. now let's take a look at some of the other type of business stories making the news, economic growth and the, or is there an edge down in may 2 or 3 months low because of a drop in industrial production of a growth has been in positive territory for almost 2 years, meanwhile, installation remains step in the high maintaining process. on the e. c, b to raise rates will be international magic fund. this does have his 1st review of a $15600000000.00 loan program for ukraine, which is approved in march. it's part of
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a $115000000000.00 global package to support the country's economy, gives it back to as much as invasion and take talk has filed a lawsuit against montana's decision to bomb the, from the operating in the us. you know, in the us state, in order to protect residents from the last intelligence gathering, tick tock c showed c to close to them and can stay unconstitutional. assess, he's confident his company will prevail now, which is more important access to both to or to day. so it's a very futuristic sounding diagram of that one was actually playing out right now in norway funds to build an energy intensive data center. so companies including take talk, raising concerns from nearby factories. that word, that wouldn't be enough energy to go around. it only takes a few taps on a cell phone and this bedroom transforms into a stage for tick tock performance, maya amena and julia from oslo,
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enjoy making short films for the platform. the app is a central part of how they spend their free time. that's that the best part is that the videos are very short, so it doesn't get boring. and the algorithms personalize the content for everyone. a, tick tock may be entertaining, but it threatens jobs here it easy flow were parts for water infrastructure are produced. the company is located north of oslo in a large industrial park. these operations require plenty of energy, and that is in short supply in norway right now. probably 2 squares to also cover the power requirements of a new data center being built nearby, which will be used for processing take talks, video data, the industry fears for its power supply. for the mailbox, it's a hobby. in the short and medium term, we have enough electricity. in the long term, a lack of electricity could prevent us from growing and contributing to clean
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drinking water around the world. you know, i think it's more important to supply the world with drinking water than to build a data center for tick tock to norway is been able to meet its electricity needs almost entirely from hydro power green electricity is now attracting many energy intensive companies like the tick, tock, data center, and to that the transition to the vehicles and the export of electricity to other european countries. there are problems even with the expansion of wind power. these mills are located in a protected reindeer grazing area, which is illegal. so protesters mobilize to stop the expansion of the wind park, including environmental escalate, a tune bag. one investor wants to put 3000000000 euros in the tick tock data center . he says it will create $350.00 permanent jobs and safe guard. europe's data security. check tucker already has a dubious reputation when it comes to data security. many companies and government
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agencies in norway prohibit their employees from using the app on work phones for fear that the data could end up in china. now the data has to stay in europe to do that, we're building this data center here in norway into more in ireland, so that the data doesn't leave europe. the norway's dilemma is not just a tick tock problem. it's a question of how the country allocates its resources until new energy sources are developed. it's, and the amount of the top business story that we're following for you, this our, for an investments in germany, it has the name of a zillion, despite the challenges facing the country's economy. if it gets show, it remain largely on change last year, even as energy prices sold as a result versus blowing ukraine. the even bigger increases in investments from the us and the u. k. so from the end of business team handling the data, we dot com slash business, all the data, we use youtube channel,
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