Skip to main content

tv   Business - News  Deutsche Welle  June 15, 2023 8:15am-8:30am CEST

8:15 am
and there's always famous vantage comm raised the media 1000 days underway this week, over 400 vehicles, many dating back from the 19 sixties and early up powered off from betcha to begin a 2000 kilometer 5 day trip around italy. the journey includes stops in google and 42 towns recently hit by severe flooding in early may. they also have passed through the formula one race track and more before heading towards road race and that the weekend when the cars return to press you that's open. now i'll see you next hour by the . 7 actually cutting emanuel's inject. vs you belong to the 77 percent comes who i
8:16 am
jumped and 65 last last those top 5 years. 3 reasons why 1115. we're here to help you make up your mind. we are here on please find your mind. so all of the topics i'm much up to you from couple fixed a new culture and in 15 minutes, let's talk about community life on the research is now on the another below for microsoft as in 6 the car by dominance in the global gaming industry, us george block, so take over of activision, pending on tape trusts, review. we'll bring new x 1st analysis. also coming up and challenging the
8:17 am
dollars dominance. why some countries are choosing to trade in the chinese. you want in that this is think of the business i'm k, ferguson, thanks for joining me. a microsoft plant. the $5000000000.00 acquisition of gaming dined, activision lies in the balance after a us judge pumped a deal on hold, pending an anti trust review. the plan take over would crohn's microsoft control over 3 major studios on some of the most popular games in the world, including activation as a 1st person shooter at cold of juicy blizzards. fond as a multiplayer role playing game, world of warcraft. and one of the most popular lowball games conduct crushed by k, the plants have received a mixed response from regulations around the world. so you case competition watched talk, blocked it back in april. while the european union in japan and south korea have all approve this. earlier i spoke with tech analyst,
8:18 am
jazz cotton editor at window central. i began by asking what this acquisition would mean for microsoft. for microsoft, i've constantly been talking about this idea of growing x xbox. it's, you know, gaming platform beyond the console. so by type to save the console installed by so sort of being static, but don't say it is growing much more than it has been in recent years and rather than $512.00 applies dice and in new condo for that buzz specific pipe. the want to grow up towards mobile and pc gaming as well. and activision, of course, we had county cross saga and world of warcraft. they have a very, very large presence in pc and mobile. a lot of sort of give microsoft a fast track way to get into that market. so what's the main argument that us on u. k regulators are making against this deal as well? they've kind of zeroed in like, fully enough. i didn't mentioned the market but the but the buyer actually 0 in
8:19 am
getting on as the main reason to block to do that is the cloud gaming market. so beyond pc and mobile, you also have these very nice and very early market, which is sort of the concepts of streaming video games straight from the cloud. so instead of having a mobile phone or, or you know, a console bringing the guy natively, you stream it from microsoft servers or some other company servers like nvidia or amazon service that also applies in this space. and you pay a subscription fee similar to netflix instead of buying the dvd you stream. the movie to your tv set marks off sees this is a way of expanding to new markets and you know, finding customers that maybe don't want to buy gaming, pc, or gaming console, and low regulators for if microsoft is able to buy activision because a king which of course owns very, very big games like pool of j, like would have such a head start in the cloud gaming business. thought it would be impossible for
8:20 am
others to catch up about. so at least what they say. it's interesting though, because some countries have approved this deal, including the european union. how did microsoft monitors to a piece regulators there? well, this is, um, the again, it comes back to cloud gaming. and one of the reasons that microsoft is very, very, aggressively pursuing cloud gaming is because in order for cloud gaming to grow as a business on the market, you kind of need a huge amount of capital investment from players like amazon and like microsoft, a smaller companies who don't have necessarily the server infrastructure to deliver this on this potential new market. it's probably not going to happen without amazon or microsoft or end video back in it. so what marks up the said was, let's invest in this market, let us grove these market. and in order to do that, we will provide those games to competes in platforms. smaller companies like boost
8:21 am
the royd and so on. and we will provide all of oxygen because it's games and all of our own games, like halo and, and photos and flight simulator. and someone will provide those games to smaller compasses on the, on a 10 year. no questions asked basis. and they've offered to put that in writing, and the u. k. reg, july came back to the argument and by offer and said that they didn't want to. it didn't want to have to regulate. and make sure that microsoft, mike's good on, it's on the contractual obligations that they put forward. so now it's kind of like, um, you know, a sort of a box hold. so sort of convince regulators that microsoft actually will follow through. and the interesting stuff discordant as are ad windows central. thank you very much. thank you so much now to some of the other global business stories making news, you lawmakers have signed off on the world, the 1st comprehensive regulation of our special intelligence. below, we'll see
8:22 am
a applications assigned to one of 4 risk categories with uses like social score and bond. i'd rice. it could take up to 2 years for the room to fully take effect. a staying in europe. e regulations help us google to sell part of its online on business after a 2 year pro, find a used its dominant market position. the company has the chance to respond before any further action is taken showed. it's failed to do so. it could face a fine of up to 10 percent of its global revenue wasn't 13 size and millionaires are expected to leave china this year. that's according to a report by consultants. the group, henley and partners, i'm economic slowdown on increasing government restrictions appear to be the main drivers. hong kong is also expected to see an ext us of the ultra wealthy. for decades, the us dollar has reigned supreme as the world's most important currency. the
8:23 am
international monetary funds, data show central bank, told almost 60 percent of their for service in us dollars. but in recent times, the dollars dominance has been called into question with the chinese juan positive as an alternative. now while most economists don't expect the want to be able to compete with a dollar any time soon for economically, we countries like argentina being able to pay for in ports in a non dollar currency. could be an advantage. in the suburb of of a anita and when it's iris identity and company use and produces washing machines and refrigerators, using chinese machinery and part company headquarters. the chief financial officer is working on how to pay for these chinese imports at a time when i can, tina is suffering from a shortage of dollars. the agency annual government has found one solution, an agreement with china to trade in you one most of the we have started working with you one and the person the order of this new year.
8:24 am
with this new payment scheme for securing the supply of goods in a way say, would have the main challenge. that would be a patient for assistance i is. we have you in accounts abroad and we have you and accounts here. imagine tina internet, you're keeping you wanted a bank account here is not as common as keeping pencils dollars or even euros. but some chinese banks offered the service. i didn't. tina is one of more than 40 countries with cards and swaps with china and necessity, since it lacks international reserves. a lot of the davis to directly restricts enforcing bottom which also impacts i cannot make it to the new place economical sort of thing. so that's young. i didn't. tina's economy is expected to full. we present this year with an inflation rate of a 126 percent heights. i believe it has the potential to worse than it on the 4th and imports to brazil,
8:25 am
a being replaced by exploits and imports from china and the risk. it's a financing agreement is implemented with china and not with brazil. for example, is that this trend will deepen and blow it up in this house. it, but from nice by the economist cool, using office seeds value and trading a new one. no say a new or used to let you know in these currency would not lead to any dependents. so any such strategic, somebody motion us here and instead of taking care for the nature of your side of the team, a likely scenario is that soon, half a whole item pinion imports will be paid for a new one. so to what extent is this part of april or a trend? let's bring in dw correspondence. so it's on high in type a. so do you think other countries will start paying for chinese input to shore up their dollar reserves? yes, i'm to avoid the risk of following us the assets. many states started to do so, especially central and south american countries. the rent may be holdings of 4
8:26 am
countries, brazil, chile, mexico, and peru recently approach $30000000000.00. an increase of about 10 times compared to the end of 2018 for them. china is the number one trading part of like brazil, a sports island or, and so it beings and imports chemicals and machinery. initially, the process of chinese companies in the electricity business is becoming increasingly prominent. so deepening nomic relationship has contributed to the increase of room in the reserves in this region. and even the us close, our israel diversified it's foreign exchange reserves with 2 percent slated to be invested. there are a lot of discussion around this topic and theoretically it can happen, but we don't have a definite answer is not a 100 percent positive. but if you ask a lot of experts do tell you that it's very likely that the currency would be introduced by the brakes because it will be introduced out of a kind of a sense of this content at the us. because if we look at the g d p size,
8:27 am
the freaks are past the only the us, but also the g 7 industrial nations. so it can achieve a level of self of sufficiency it international trade that other mandatory unions cannot achieve. and if you look at the 5 members, they can produce a wider range of goes to other unions. so the new bricks, currency could also be attracted to other non member countries because the brakes say at significant nomic role in their respective regions. one above the other side to this. so are there any risk to paying for chinese import the new on this um well firstly the value of rubbing the can fluctuate a potentially make it imported goods more expensive. secondly, remy, the may not be widely accepted. limitation on your options for suppliers and converting cortez this can inquire, fees and on, favorable rates are adding to the cost and more to that. regulatory controls can also restrict converter ability and fund transfers. we know that dealing with our
8:28 am
reliable suppliers is a general risk in international trade. and under current, jo, political tensions, policy change can also affect remy beach debility. all right, so it's on hong. thank you very much. i a and a reminder of our top story. microsoft plumb, 75000000000 dollar acquisition of gaming joined activision lies in the balance offering us judge what the deal on hold pending on to trust for of you. other regulators including those in the japan and test career, have approved to take that route. so if i show from where you can always check i g, w dot com slash business, we're on the dw teacher channel as well for me and the team is goodbye. take care of the
8:29 am
is germany becoming irrelevant. doing business in the country has become more and more unattractive, due to a cumbersome huron for sale, and high taxes. inflated energy costs and labor shortages are only making things worse. germany and beacon nomic powerhouse no more the main engine. giorgio and christiano with their daughters. they are one of the many homosexual couples, thought hard for their family to be recognized. the neo fascist governing party is planning on the, on the last 16 minutes, d, w, or sports,
8:30 am
all of our scoring. we say they were about never giving up sports flies every weekend on d w the, the global challenges are forcing economies to evolve quickly while increasingly leaving businesses and ordinary people with little time to adapt. but i'm.

23 Views

info Stream Only

Uploaded by TV Archive on