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tv   Business - News  Deutsche Welle  September 22, 2023 4:15pm-4:30pm CEST

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convinced ability, a novice minimum, sax back in march, age 36, he still has a lot to gave with country, not club. now the focus but did show up today to all of the world news at the top of the coming up on the w. what for the folks, media and part of the like now that group and most of the stuff bring down cause it takes about can you dw business updates in just a good the these places in europe stepped into a bold adventure the treasure map for modern globetrotters describe it as some of us regular bragging sites on youtube videos in janesville. you won't be long for the 77 percent because i don't go to 65,
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follow us while those top 5 years, 3 reasons why 1115. we are here to help you make up your mind because i'm much up to you from table topics the new culture financial team. and let's say well, quote, the a media title and stepping down and leaving many questions about his legacy. what will will pardon murdock's departure and the chairman for fox and used core mean, particularly with us presidential elections coming up will have expert announces also on the show. this week's dw business special as about economic sanctions, will dive in deeper if and how economic pressure of the west against russia has been working and the problems,
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warren's new frame. and endless energy sites through the perpetual motions of the sea will visit the freshest of what his name to be a series of wave power plants in portugal. i'm cross coldwell welcome to the program, and myra se his contribution. all right, so let's talk about rupert murdoch's stepping down is head of fox and the news corp. uh, after decades at the home of these very influential media outlets. earlier, i spoke to ellis enders, who's the head of research anderson novices. what exactly sets rupert murdoch's media brands a part that's what asked it is one of the kind in the sense that he is a, an old fashioned news proprietor in the sense that he believes that his
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newspapers and his broadcasting channel in the u. s. should be opinionated and pursue an editorial line. um and uh, he is if you like partial to certain points of view. and he is also as result exercised political influence in a way that very few media proprietors have done so, you know, both in the u. a and in the u. s. was finally, critics of rupert murdoch say the world is worse off because a fan because of rupert murdoch because fox news can be seen as a destructive force in american democracy in public life. how do you see that or? oh, well i do understand very well how people might be critical of him in here in the u
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. k. for example, they've been very critical of phone hacking a for example that you know is also a problem matic. and so i would say that his reputation is mixed, but at the same time, he has shown a really tremendous commitment to journalism. and so there's process of minuses, you know, for example, he's of great backer of investigative journalism at the times and the sunday times or the wall street journal. so i think you have to sort of balance of, uh, his uh, you know, reputation, you know, in terms of fox and fox news channel buried in mind that as i say, he didn't really share the views of the present. or is that fox in relation to the election? we see him to be honest, you know, in our company we, we, we see him in a favorable life because he has been so committed to a, for example,
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us supporting a journalism rather than trying to make these businesses really commercial. my us. so we think, you know, on the whole, he's had a beneficial influence in terms of, you know, the availability of news and its depths and its purpose. as particularly as a newspapers alexander's the media analyst was thank you for your thoughts. you're welcome or another, some of the other little business stories making news. arizona economic is to be frank. less than expected this month. according to the survey by standard and poors . the purchasing managers index is down for a 2nd month in a row, as they are, is on economy continues to struggle with high energy prices and inflation mainly due to russia's war and ukraine. the problem is, is a ban on russian fuel exports announced earlier this week will be upheld as long as needed to ensure stability of domestic markets,
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countries facing fuel shortages as google weekends and global oil prices are on the us. yours. because then joe biden announced a new package of military age during a visit by your crimes president reloaded me as lensky to washington. but yet another package worth $24000000000.00 could be blocked by republicans in congress. sanctions talking thing. the russian economy have been the west, most immediate response to the ground as aggression. we looked at this issue and this week's dw business special with nicholas mother and historian at cornell university who has written a book on sanctions as a tool of modern war. and major part of our conversation has been the question different how these sanctions against russia all working? well, sanctions are definitely a nuisance. for russia they would much rather not be under sanctions then be under sanctions. but that being said, i think that they are not as successful as we hope they would be. certainly
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a lot of those figures are indisputable, particularly about car production. but we have to place that in the wider context of rushes continued ability to keep attacking ukraine. uh, almost every week with major missile garages, one of the big helps for example, was that cutting off a russian access to semi conductor technology from the westwood impair, their ability to manufacture precision guided weapons. russian missile production is now how higher than it was before the war, rushes producing about 7 times as much artillery ammunition as the you and the united states combined. so they have managed to adapt to our economy and they have prioritize the war efforts. so it's certainly true that this is the car industry for example, has suffered. but this is the sort of thing that you would see in an economy that is geared increasingly towards more civilian industries are being deprived of resources. and those resources are being funneled into military production. and you
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can find the entire conversation with nicholas molder, and our latest d, w. a business special on the detailing use youtube champ, waive energy is considered one of the most promising technologies with endless potential is for deuced, with the help of sending boys that move as the see does. some european countries have already built the wave power plants include brittany, the netherlands, france, spain, italy pool to go. and montenegro moore, a plan to spain alone is expecting to have 4 of them within a few years. one of the firms behind the technology is sweden's core power ocean. and recently build a commercial scale prototype of the coast of portugal. database you sent to us was there. of this 35000000. 0 boy is harnessing energy from the world's largest on top to power souls. the ocean as the device moves up and down
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a generator inside, transformed the mechanical energy into electricity. swedish in a cool part ocean says the machine has 2 advantages, compact to other devices on the development. we are producing so much more energy for given size of the equipment. so on these 9 rates are damaged boy, we're producing 300 kilowatts in historical wave devices. you have had thousands of tons of equipment to do the same power. the technology we have introduced here that is just letting big waste paul's bias storms and not reacting to them is protecting us as storms recently connected to the portuguese grid. the prototype is the outcome of more than a decade of the final product, and i share it with the same office finance, the equity, and the other half to government and european subsidies. the next generation of the machine made of fiber and prison is already in the making. the 1st commercial projects are scheduled for 2027. the projects developers say its benefits could
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extend the young pool to go to other countries, even if they don't have large coastlines. europe is getting increasingly interconnected, which is a very good thing. so in the end use also you can say if you, if you take wave energy along the entire p and coast, you can stabilize a big part of the, of the in energy system. the portuguese government needs to have 10 gigawatts of ocean energy, which also includes also wind energy commission in 2030. that's could satisfy a 4th of the country's attic tricity needs. but this economist says, getting waive energy to work. well, be easy both here and abroad for the field of simeon. it's this a finance technology 2nd period. several way to do these already has been tied over here for those since the 1990 is the size of each one that will be tell you the to the whole semester that after about 2 years ago, there was no money to continue the study. also down to a higher maintenance cost, monthly so, but the developers are confident that that technology can overcome these hardware.
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they have already collected $16000000.00 yours in subsidies for the next stage of the project, which would cost a total of $66000000.00 yours. the biggest chavez for the world to get to a net 0 electricity system is to ensure that there is electricity available at all times. every hour of the year. not only when the wind is blowing or the sun is shining, and wave energy is unique in the way that waves always come in to deliver on that promise, the company's hoping to win the race against wave energy technologies developed as well. and that's our show. thanks for watching. have a great weekend the,
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the of
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the eco india, the floods in him shall to dish and other regions of india swift away entire villages and took many nights environmental active as to now demanding building projects to be more sustainable and designed to protect both humans. the environment, eco, india. next on the dw, the shannon, the last thing a cheering,
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emphasizing the award winning offer is available for every language that in jam and has never been something new to the in, floods, lamps lives, heat, waves, droughts, and much more. these was have become frequent in headlines across the hill. hello and welcome. i'm sorry because the body annual watching eco india are equal

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