tv Business - News Deutsche Welle September 1, 2023 8:15am-8:31am CEST
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but it's all pet 40, all that's with the mens ward after taking man city to the trouble of league cup and champions. week titles the that's your news update at this hour dw business will be coming up with the business headlines after a short break. so stay tuned for that or find us online at www dot com. i'm clear, richardson, thanks so much for watching the, enjoying the views, and come to take a look at this. our tv highlights me every week. email inbox, subscribe now. i tried several times. i went on 6 times to greece, is that all i have to find right from 500 to 600. karen key, more people than ever on the worldwide in such a progress in life. you know, is
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a very difficult journey. and 13 is verify. everything audio stuff find out about some on storage, info, migrant, reliable news to migrate wherever they made the last a difference. they yeah, makes the 12 months since most guy turned off. the taps germany is gone from reliance on russian gas to me. no longer needing it for look at house as corporations that countries invest in there are and a i will ask whether a small money is going on sufficient intelligence. the state of your business on my was invalid. and welcome to the program. or, hey,
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erica russia stop supplying germany with natural gas. the end of supplies down the north stream, one pipeline forced the german government to rush to find other supplies of energy . a year on the country has broken its reliance on rush. just for months after russia's pipelines supply, freeze, german chancellor, olaf saw the wilhelm top and liquefied natural gas terminal terminals, and flint spiritual enlightenment are built to, to keep the gas flowing. ellen gee, tankers are converted into floating terminals at record speed as rushes sent the majority of gas to germany, the supply fries caused immense disruption. norway, previously germany 2nd most important gas supplier rose to become the new number one responsible for 42 percent of its supply followed by the netherlands in belgium, which have increased their shares drastically. di you countries like austria and
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italy continued to be supplied by russia. last year, russia was still one of the 3 most important gas suppliers to the you, with a share of about 25 percent. similar to norway and elegy gas, which is becoming increasingly important in germany, comes mainly from the us guitar and nigeria. russia's war and ukraine has drastically changed to europe's energy market. germany has extended a lifetime of coal fired power plants. other european countries want to build new nuclear power plants because of the energy and climate crisis. let's discuss germany is changing energy relationship with russia. with olga tacoma from the global energy center. thanks a lot for being with us. okay, so it's germany's weaning itself off of rush and gas. something of the success story of the past you uh yes. um no. so in
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a lot of ways of the last year and a half over a year and a half had been a tremendous success story and help quickly. europe in countries like jeremy is able to take that away from russian energy sources. germany, particularly, was a heavily reliant, much higher percentage than other european countries on russian energy of course. and in real quick time, germany has installed a several episode or use some of which are plants to be transformed into permanent allergy facilities. that starting 2026. however, we're only seeing some push back in germany on, you know, whether these ellen g facilities are truly needed. do more me to come online. so although initially jeremy responded with exceptional speed to the energy crisis. and it was on president the how quickly these of us are use, where installed. we're seeing a bit of an issue in terms of finding
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a permanent solution for the coming from a significant amount of russian pipe gas from the work stream that was coming to germany. in the past and how to ensure that that is a permanent shift and not just for a couple of years. yeah. because brochure is always going to be on germany and the use doorstep on it's going to continue to have these massive reserves. so maybe the war isn't gonna last forever. so is there a potential future where actually we start to see a resumption of inputs of russian gas in your i don't think we can take anything out of the question and it's really important right now to build out, you know, supply chains, connections across europe in a local supply to permanently shift away from russia. otherwise, you're right. there is a risk of going back to perhaps not a 4045 percent reliance on brushing energy sources, but
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a significant enough for lions to wherever us you can still use will that as an image you weapon will live as a, as a way to for sewage to political priorities and that is the last thing, but your full need a one way to mitigate that. of course, our long term contracts across. yeah, and we've seen quite a few of those pop up, but there's still some hesitancy on from some your team countries on signing on something that's longer than 10 to 15 years. and seeing how does synchronizes with reaching climate goals? no, considering the amount of coal and other heavy carbon generation across europe, l n, g. you can actually contribute to both energy security in climate goals. um, but of course, every country is in a different situation. still, there are some countries that have a long term contracts standing on pipe gets deliveries from russian. now we all
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know russia stuff, those deliveries a to blackmail and europe introducing its support for ukraine last year, but nothing is stopping but just from trying to restart it any day. and you know, they've seen that the black mail hasn't worked out. i don't want to rely on a scenario where kind of the, the try the opposite strategy with each one of the floods. the market was really cheap. gas in some countries in europe, might not be able to say no to that, to me. taishan. okay. the from the atlantic kansas global energy center. now let's take a look at some of the other global business stories that are making the news. work is at tech years say through department store, have gone on strike, mocking the 1st major walk out of the country. his seed in decades and 900 employees, one job guarantees before upon the sale of the company strikes are extremely rare. india's g d p. agree by 7.8 percent is joining the 1st quarter. 2023. the fastest
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pace in a yeah. if it could be time list expectations and suppressed last year's best quarter credit, which stood up to 6 point one percent, it was driven by the countries service sector and government, the capital expenditures by king john gave us says it will cuts 3000 swiss jobs in order to reduce redundancy, i may have thought spot on this restructuring plan after taking it arrival. credit suisse, anticipates the decision, will help it save $10000000000.00. you'll be surprised at a profit of $129000000000.00 q 2 and leading chinese. the search engine by 2 has made china is 1st artificial intelligence chatbox code, any fully available to the public aging. c, a i as a key industry, survive with us and aimed to become a global leader by 2030 ton. his alley developers are sticking to competes with west and drivers such as microsoft. and i've been a, i make a whole chat, g p,
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t o. in cross now to dial eyes from when to push secure, it is done. you said a tidal wave of ai spending is coming. so who's spending that money and why are they pushing it? i janet prizes. i and i the ultimate consumer franchises. i think we, we weren't using with metal goods on the search side of me in my opinion, and this is the most significant impact trim we've seen 30 years similar to the internet. 1995, it's a gold rush. it's a trillion dollars of incremental spend, which is why we are bullish and the tech sector was also interesting says that that countries are also investing or just have to jump these, trying to double ex investments. now over the next couple of years. who's still in the motion based on this so far? are there any companies out in front because we've heard of chat, jc, etc. but, but, but who's really ahead of the game on this right now,
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it's microsoft and in the videos world, and everyone else has paying rent. i mean, they really own when you think that the market book you, this is, it's a 0 sum game. google big tax strong's gonna get stronger. why the names like non with the b snowflake and then of course, what type in china. i mean this is really a global arms race, so it's happening in my opinion. it all starts with the godfather of a i in the media engines and and i think that just speaks to what i view as an unprecedented waiver spend dives from what bush security is fast. now, the fast growth of ally is not without its problems. one of the issues is how the works of artists can be protected. and i, i, systems such as those that generate images, feed of real life, artworks and now the artists want credit for their work. kelly mccarren and makes their living as an artist,
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selling vibrant paintings like these one big fan of me. karen is work artificial intelligence, the artist says their work is being used to generate a uh, images. and so i found that my name has been used just last year alone, over $12000.00 times, which discovering that as a single mom and struggling artist was pretty upsetting to find out that there are these companies profiting off of my name and my work. so i started to do a lot of research find out like, how does this even happen? how are they making this happen? why is the still so gross file? what you see kiernan is now one of 3 artists looking to protect their copyright by assuming a maker of these kinds of a i, tools, stability a i tools like this one suck up as much available data as possible in order to train artificial intelligence systems. then anyone can ask it to mimic a style and generate new imagery on command without compensating the makers of the
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original works. the artist and the suit say, it's not just a matter of principle, but critical to protecting their careers. and the reason why they're able to produce compelling imagery is because the work of some of the best artist in the world is in there. so i'm like, competing with this like weird monster of a 1000000 faces that took my face and took the faces of all my other peers and all my friends and everybody industry. and pretty much every artist on the internet. you can come pete with that. the ability a, i says, in a court filing that it creates entirely new and unique images that are just similar to the images in the training data. but whether images like these will continue to appear on our screens is now in the hands of a san francisco judge of the amount of the top business story that way. following for you this hour, they are going to rush. i stopped supplying germany with natural gas by the north
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spring, one pipeline. police force the general government to rush to find other supplies of energy here on the country has broken or lives on the rush. and also from the in the visit team here. and then if you would like more from us, do have a to d, w dot com slash business. you can also go to the data and use youtube channel, whether as a business section, we just got plenty of most stuff from us cleaning up the business to be on there as well. but checking out your thoughts on facebook, as well as to next to the
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center of the conflict with tim sebastian america, the secretary of state anthony clinton was finally engaging in the long delay the whole slide in us china relations. the main sticking point is to taiwan, i guess the time when these 4 minutes, joseph, the island on conflict, on dw, to the point. clear position, international perspectives. you have done a pretty gauzy and has been laid to rest his wagner groups. brief, mute. ne, opened a troubling chapter. the kremlin. it wants to close. the house, ensure is put in script on power. find out on to the port to this point.
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what secrets lie behind being discovered new adventures in 360 degrees and explore fascinating world heritage sites d w world heritage 360 now the americans secretary of state, anthony lincoln was finally in badging in the long delayed efforts to hold the slide in us china relations, the main speaking point is still tie one with a chinese, determined to re unit 5 and warning the west to say out of the cool interest. my guess in taipei is the time when he's 5 minutes that joseph works. is they island living on borrowed time? we know that we have the ability to deal with the chinese invasion as china has
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